CoreWeave drops 18% on wider-than-expected loss ahead of lock-up expiry
CoreWeave‘s stock dropped 18% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave’s results came as…