finance.yahoo.com

Cramer Backs CoreWeave as Revenue and AI Power Expand

CoreWeave logoCoreWeave
Sig2.75Sen+5.10Env0.00Soc0.00Gov0.00
IREN (Iris Energy) logoIREN (Iris Energy)
Sig2.78Sen+3.26Env0.00Soc0.00Gov0.00

CoreWeave’s revenue backlog was about $104B as of June 30, adding over $25B in early-July customer commitments. Active power reached 1.5 GW, with contracted power about 3.7 GW as enterprise adoption broadens. The company also reported $2.575B in second-quarter revenue, up roughly 112% year over year.

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