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via finance.yahoo.comMarkets

CoreWeave stocks tumble 11.56% as Nvidia shake-up erases post-earnings rally

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. CoreWeave Inc (NASDAQ:CRWV) shares tumbled 11.56% to $53.74 at 9:35 a.m. ET in early regular-session trading on November 12, giving back gains from Wednesday's 24.71% post-earnings jump as NVIDIA confirmed its CEO's resignation, Yahoo…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe AI cloud stock falls on its dependence on Nvidia GPUs despite strong quarterly results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CoreWeave fell 11.56% to $53.74 in early trading on November 12.
  2. 02Q3 revenue was $3.66 billion, up 168%, above its own forecast.
  3. 03It raised 2026 revenue guidance to $13.0-$13.3 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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