๐ CoreWeave $CRWV rockets +18% premarket โ AI cloud revenue doubles, $104B backlog
CoreWeave crushed Q2 expectations with $2.58B in revenue, up 112% year-over-year, while its performance backlog swelled to a staggering $104 billion โ not counting $25B+ in brand-new Q3 commitments. The company raised its full-year 2026 guidance to $12.4B-$13.2B and flagged deals with both Anthropic and Meta this quarter. Index futures are modestly green as markets brace for today's key inflation report โ a good macro backdrop for a big AI beat. Is CRWV the AI infrastructure trade of 2026? Not financial advice.
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