Nvidia’s protégé CoreWeave (CRWV.US) plunges 12% after hours! Holding a “heavy sword” with 67 billion in orders, but hit by a “hidden arrow” from Q1 guidance
Show original
The cloud infrastructure provider focused on artificial intelligence reported fourth-quarter revenue that exceeded Wall Street expectations, but failed to boost its stock price. According to the announcement, CoreWeave's fourth-quarter revenue increased by 110% year-on-year to $1.57 billions, slightly above the market average expectation of $1.55 billions, with a loss per share of $0.89, which was worse than the market average expectation. As of press time, the stock had fallen 9.56% in after-hours trading.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$65,860.45
-2.54%
Ethereum
ETH
$1,929.79
-5.02%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$613.18
-1.97%
XRP
XRP
$1.35
-3.28%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$81.65
-5.10%
TRON
TRX
$0.2829
-0.95%
Dogecoin
DOGE
$0.09314
-3.89%
Cardano
ADA
$0.2773
-3.44%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now