๐ CoreWeave $CRWV +19% as Big Tech AI blowout lifts all cloud infrastructure names
CoreWeave rode a massive wave today after Amazon (AWS +37% YoY to $42.2B), Microsoft, Meta, and Apple all reported strong AI and cloud numbers โ validating AI compute demand. A Truist Buy upgrade from late July added fuel, and CRWV reports its own Q2 earnings on Aug 11 (analysts expect $2.56B revenue, up 111% YoY). Is this the beginning of an AI infrastructure re-rating, or will earnings on Aug 11 be a sell-the-news moment? Not financial advice.
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