AI cloud giant Coreweave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

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 shares are pushing higher Tuesday as traders position ahead of the AI cloud infrastructure company's second-quarter results, due after the close.