WEAV
NYSE · Technology
Weave Communications Inc
$6.58
+0.17 (+2.65%)
WEAV News30 articles
CoreWeave Surges on Nasdaq-100 Entry Amidst $50.8B Debt Concerns
CoreWeave shares surged 9.6% to $116.95 on news of its Nasdaq-100 inclusion, but analysts warn that $50.81 billion in liabilities and high-cost debt may offset the $99.4 billion revenue backlog.
CoreWeave stock slides on Meta cloud threat concerns
CoreWeave shares dropped 15.36% over five sessions, erasing year-to-date gains, as Meta's reported AI-cloud plans spark concerns over customer reliance.
CoreWeave's $35B Meta Ties Spark Selloff as Tech Giant Eyes Cloud
CoreWeave (CRWV) lost $7.3B in market cap as Meta (META) plans an AI cloud business, putting $35B in contracts at risk.
Meta's Cloud Entry Rattles CoreWeave and Nebius After $15B AI Deal
Meta's cloud move sends CoreWeave and Nebius shares tumbling as a $15 billion AI compute option becomes a risk. Meta jumps 10%.
Backblaze Surges 43.6% on $335M CoreWeave Deal, But Market Discounts Value
Backblaze shares surged 43.6% on a $335M CoreWeave deal, but the stock's $213M equity gain values the contract at just 63 cents per dollar, amid dilution and cost concerns.
Backblaze Stock Soars on $335 Million AI Storage Deal with CoreWeave
Backblaze shares jumped nearly 40% on a $335 million storage deal with CoreWeave, marking a major AI infrastructure win for the small-cap cloud firm.
Russell Index Overhaul: CoreWeave Joins Large-Cap, Bloom Energy Ascends
FTSE Russell's annual index reconstitution will trigger trillions in passive fund trades at Friday's close, with CoreWeave joining the Russell 1000 and Bloom Energy moving up, driving concentrated order flows.
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
CoreWeave Rallies Ahead of Nasdaq-100 Inclusion; Debt Concerns Loom
CoreWeave rose 17.3% to $117.95 ahead of its Nasdaq-100 debut. The company faces significant debt risks after pricing $3.25 billion in senior notes.
CoreWeave Gains as Nasdaq-100 Inclusion Nears, Backlog Optimism Grows
CoreWeave jumped 9.67% to $117.03 on Tuesday, buoyed by expectations of a backlog surpassing $131 billion and its upcoming Nasdaq-100 inclusion.
CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion
CoreWeave shares surged 9% after being added to the Nasdaq-100, with index inclusion set for June 22. The company also priced $1.25 billion and €2 billion in high-yield notes for AI infrastructure, but remains high-risk due to losses and leverage.
CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom
CoreWeave shares surged 13.96% after announcing the first validated deployment of Nvidia's Vera Rubin NVL72 system. Despite strong revenue and backlog growth, the company faces mounting debt and a widening net loss.
CoreWeave Shares Surge Premarket on Index Inclusion and AI Deal
CoreWeave shares surged 5.65% premarket after a preliminary Russell 3000 index addition and a $20 million AI-inference funding round backed by CoreWeave.
CoreWeave and Nebius: AI Cloud Rivals Heat Up Amid Surging Demand
CoreWeave shares rose on a Buy rating from GF Securities, while Nebius reported 684% revenue growth. Both AI cloud firms are expanding capacity to meet surging demand.
AI Chip Stocks Split as Nvidia Earnings Loom; CoreWeave Drops on Google-Blackstone Cloud Deal
Nvidia rose 0.8% ahead of its earnings report, while CoreWeave dropped 3.7% after Google and Blackstone announced a $5 billion U.S. AI cloud venture using Google's custom TPUs.
CoreWeave Drops 3% as Google and Blackstone Unveil $5B AI Cloud Venture
CoreWeave shares dropped 3.3% in premarket as Google and Blackstone's $5B AI cloud venture intensified competition fears. CoreWeave also closed a $3.1B loan facility.
ARK Buys CoreWeave Dip; Wells Fargo Lifts Target on $99B Backlog
ARK funds purchased 113,076 CoreWeave shares for $12.9M after the stock fell 11% on weak guidance. Wells Fargo raised its price target to $155, focusing on the company's $99.4B backlog.
CoreWeave Shares Slide on Weak Q2 Forecast Despite $99B Backlog
CoreWeave shares dropped ~7% pre-market after Q2 revenue guidance missed estimates and 2026 spending outlook increased. Q1 revenue doubled to $2.078B, but net loss widened to $740M.
CoreWeave Beats Q1 Revenue Forecast, Backlog Surges to $99B
CoreWeave beat Q1 revenue estimates with $2.08B, driven by AI cloud demand, as its backlog reached $99.4B. Net loss widened to $740M amid rising costs.
CoreWeave Faces $66.8B Backlog Test as Q1 Earnings Loom
CoreWeave reports Q1 earnings after the close May 7, with a $66.8B backlog and major deals with Meta, Anthropic, and Jane Street. Investors eye execution risks.
CoreWeave Surges on Meta's $21 Billion Cloud Deal Ahead of Earnings
CoreWeave shares rose 5.4% to $125.43 premarket Tuesday after Meta pledged $21 billion for cloud capacity through 2032. Jefferies estimates the backlog could exceed $95 billion.
CoreWeave Shares Surge Ahead of Q1 Report Amid OpenAI Exposure Concerns
CoreWeave shares climbed 5.8% Monday to $125.89 ahead of its Q1 earnings report, with the market weighing OpenAI dependency against a $66.8 billion backlog.
CoreWeave Q1 Earnings Loom After $154M Insider Sale
CoreWeave reports Q1 earnings on May 7, after a $154 million stock sale by Magnetar entities. The Nvidia-backed AI cloud firm must prove demand is translating into revenue.
AI Rally Stumbles as OpenAI Revenue Miss Hits Oracle, CoreWeave
Oracle and CoreWeave shares dropped after a report OpenAI missed revenue and user targets, fueling worries about AI demand and infrastructure spending.
CoreWeave CEO Cashes Out $35.8M Amid AI Cloud Rally
CoreWeave CEO Michael Intrator sold $35.8 million in shares this week, while the company announced major customer deals and debt financing.
CoreWeave Shares Extend Rally on New AI Compute Deals with Anthropic and Meta
CoreWeave shares advanced Monday, building on gains from a new agreement to supply AI computing capacity to Anthropic. This follows last week's disclosure of a massive $21 billion order from Meta.
Meta Inks $21B AI Cloud Deal with CoreWeave Amid Major Debt Financing
Meta Platforms has signed a new $21 billion agreement with CoreWeave for AI cloud computing capacity extending to 2032. The deal comes as CoreWeave raises billions in debt financing to support its aggressive expansion plans.
CoreWeave Secures $21B AI Cloud Expansion with Meta, Shares Rise
CoreWeave shares advanced following news of a roughly $21 billion AI cloud capacity agreement with Meta Platforms, set to run through December 2032. The deal comes alongside recent debt financing moves.
CoreWeave CEO's $7.2M Stock Sale Triggers Share Price Decline
CoreWeave shares dropped sharply following an SEC filing revealing CEO Michael Intrator sold $7.2 million in company stock. The sale comes as the AI infrastructure provider plans massive capital expenditures to address its $66.8 billion backlog.
CoreWeave Shares Slide on Aggressive $35B Capex Plan, Investor Scrutiny
CoreWeave shares declined 3.6% in premarket activity Monday following the company's announcement of a massive $30-35 billion capital spending plan for 2026. The AI infrastructure provider also reported a Q4 net loss of $452 million.