Aug 11 : AI cloud company CoreWeave edged past Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its computing services that power AI systems. Shares of the company were up more than 4 per cent in extended trading. They have risen more than 22 per cent so far this year.

CoreWeave reports Q2 earnings Tuesday as prediction-market traders wager on what the AI cloud giant will say about Nvidia, Anthropic, Meta and its massive AI buildout.

CoreWeave projects Q2 2026 revenue of $2.55B to $2.56B, roughly doubling year over year as demand for AI GPU cloud infrastructure continues to