financetom
Business
financetom
/
Business
/
Nvidia-backed CoreWeave beats first-quarter revenue estimate
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia-backed CoreWeave beats first-quarter revenue estimate
May 26, 2025 8:06 AM

May 14 (Reuters) - CoreWeave ( CRWV ) on Wednesday beat

Wall Street estimate for quarterly revenue in its first set of

results as a public company, signaling strength in demand for

the Nvidia ( NVDA )-backed AI cloud computing startup's

services.

The company reported revenue of $981.6 million during the

first quarter, compared with analysts' average estimate of

$852.9 million, according to data compiled by LSEG.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Analysis-Rival LNG supplies, Sakhalin's depleting fields give Japan an exit from Russian gas
Analysis-Rival LNG supplies, Sakhalin's depleting fields give Japan an exit from Russian gas
Dec 10, 2024
TOKYO (Reuters) - As Japan's long-term contracts to secure liquefied natural gas (LNG) from Russia's Sakhalin-2 project near expiration, rival producers see opportunity to fill the supply gap, even as Tokyo looks to switch to cleaner energy, industry insiders say. The country's declining demand for gas plus geopolitical pressure on Tokyo to curb its reliance on fuels from Russia mean...
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
Dec 10, 2024
BEIJING, Dec 11 (Reuters) - U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday. The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in November....
The Onion's purchase of Alex Jones' Infowars stopped by US judge
The Onion's purchase of Alex Jones' Infowars stopped by US judge
Dec 10, 2024
NEW YORK (Reuters) - A U.S. bankruptcy judge on Tuesday stopped the parody news site the Onion from buying conspiracy theorist Alex Jones' Infowars website, ruling that a bankruptcy auction did not result in the best possible bids. U.S. Bankruptcy Judge Christopher Lopez rejected Jones' claims that the auction was plagued by collusion, at the end of a two-day hearing...
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4
Dec 10, 2024
BEIJING (Reuters) -U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday. The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in November. Tesla's Model Y...
Copyright 2023-2026 - www.financetom.com All Rights Reserved