CoreWeave lifts 2026 outlook to $13.3 billion as stock rebounds from 52-week low
AI summary
CoreWeave raised its 2026 outlook to $13.3 billion and its stock rose 7.9% to $52.58 in after-hours trading, recovering from a $48.73 close and a recent 52-week low hit during an AI selloff. The improved guidance came alongside a heavier debt load, with net interest costs climbing to $846 million from $310 million a year earlier. Traders in AI-linked crypto and compute tokens will watch whether the rebound holds given the rising financing burden.
