AI Giant Stock Crashes 6% Despite Massive Growth!
Did you know one company's stock just dropped 6% despite revenue more than doubling? CoreWeave, a major player in the AI infrastructure boom, announced incredible third-quarter revenue growth of 134%, securing massive deals with giants like OpenAI and Meta. However, disappointing full-year guidance sent its stock tumbling in extended trading. CEO Mike Intrator cited data center delays as a temporary hiccup, but the company faces ongoing supply constraints for critical infrastructure. Despite these challenges and a failed acquisition attempt, CoreWeave's stock has seen a remarkable 164% return since its IPO. Subscribe for more breaking business news!
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