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CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave shares jumped 14% in extended trading on Tuesday after the AI infrastructure provider reported results than topped Wall Street expectations.
AI Summary
CoreWeave’s stock rose 14% in after‑hours trading on Tuesday after the company released its Q2 2026 earnings. The AI infrastructure provider reported revenue that climbed 112% from the same quarter a year earlier. CoreWeave posted a net loss of $626 million, up from a $290 million loss a year ago, or 60 cents per share. The company said the revenue growth was driven by accelerating demand for its AI infrastructure services.
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