Citi anticipates CoreWeave to benefit from a notable growth uptick starting in 2026, with the optimism hinging on the company’s ability to scale contracts and capitalize on a strengthening market for AI infrastructure.
Applied Digital reported fourth-quarter revenue of $38.01 million, missing analyst estimates of $40.84 million, according to Benzinga Pro. The company reported an adjusted loss of 3 cents per share, beating estimates for a loss of 15 cents per share.
CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced it has closed a $2.6 billion delayed draw term loan facility (“DDTL 3.0 Facility”), continuing the company’s investment in world-class infrastructure tailored for artificial intelligence. The funding will be used to support the purchase and maintenance of advanced equipment, hardware, and cloud infrastructure systems to deliver services under a long-term agreement with OpenAI.
CoreWeave shares are trading lower Wednesday afternoon. The stock is continuing a period of significant volatility despite a lack of company-specific news.
AI stocks Palantir and CoreWeave have rocketed higher this year, but certain analysts expect shareholders to sustain major losses in the coming months.
CoreWeave, Inc. (Nasdaq: CRWV) (“CoreWeave”) announced that it has closed its previously announced private offering of $1,750 million aggregate principal amount of 9.000% senior notes due 2031 (the “Notes”) on July 25, 2025. The Notes have a maturity date of February 1, 2031. The Notes are guaranteed on a senior unsecured basis by certain wholly-owned subsidiaries of CoreWeave.
CoreWeave, Inc. (Nasdaq: CRWV) announced today that it will release second quarter 2025 financial results, after the market closes on Tuesday, August 12, 2025.
