AI Cloud Stock Shock: CoreWeave Crushes Q3 Earnings But Lowers 2025 Forecast, Shares Dive
CoreWeave, a major AI cloud provider, released its third-quarter 2025 earnings report. The company reported strong financial results. Revenue for the quarter reached $1.36 billion. This figure beat Wall Street expectations. CoreWeave also significantly reduced its net loss to $110 million. The company’s backlog grew substantially. Total revenue backlog nearly doubled to over $55 billion….