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via cnbc.comBusiness & Companies

CoreWeave CEO says 'new political reality' after midterms won't slow buildout

FROM THE WIRE · CNBC.COM

After CoreWeave beat on revenue and upped its forecast, CEO Mike Intrator indicated the company will be fine despite last week's Democratic midterm sweep. On the neocloud's third-quarter earnings call, Intrator said he recognized a "new political reality," but added that the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat estimates and guidance was raised, for a stock exposed to data center buildout.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CoreWeave beat revenue expectations and raised its forecast.
  2. 02CEO Mike Intrator says the company will be fine despite the midterm election results.
  3. 03The company says it has long worked with communities where it builds data centers.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
CoreWeave, Inc. Class A Common StockCRWVStock56.21 USD+15.35%today +15.35%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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