CoreWeave stock jumps 14% as revenue doubles and backlog tops $104 billion

NewsTue, 11 Aug 2026 21:27:50 UTC1 hour ago
CoreWeave stock jumps 14% as revenue doubles and backlog tops $104 billion

CoreWeave shares surged about 14% after hours as Q2 revenue rose 112% to a record $2.58 billion and its AI cloud revenue backlog reached $104.2 billion.

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