CoreWeave is trading at $4.18 (+22.37%) after Q2 revenue reached $2.58 billion, up 112% year over year and exceeding expectations.
- Investors responded to a $104.2 billion backlog, more than $25 billion in additional customer commitments, and stronger operating leverage.
- Management raised full-year 2026 revenue guidance to $12.4 billion–$13.2 billion, reinforcing confidence in sustained AI infrastructure demand.
- Broader technology strength further supported the rally.