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CoreWeave stock jumps 15% premarket after Q3 revenue beats estimates

Cointelegraph ·

CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%. Its revenue backlog reached $132.5 billion.

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First reported by Crypto Briefing at · 3 outlets in all

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  1. CointelegraphCoreWeave stock jumps 15% premarket after Q3 revenue beats estimatesCoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%. Its revenue backlog reached $132.5 billion.
  2. Wall Street Journal(subscription required)Nasdaq Jumps After CoreWeave EarningsU.S. stocks were making gains as tech names rallied after upbeat earnings from CoreWeave eased investors’ fears about the AI trade.
  3. Crypto BriefingCoreWeave reports Q3 revenue of $3.66 billion, surpassing estimatesCoreWeave's revenue surge enhances market confidence, yet managing interest expenses remains crucial for sustained financial stability.