Overview

• CoreWeave’s second-quarter revenue rose to $1.21 billion, a 207 percent increase year-over-year.
• The company posted a $131 million net loss as operating expenses climbed to $1.19 billion.
• Shares tumbled as much as 20 percent between Aug. 13 and 14 following the earnings report.
• The six-month post-IPO lockup expired on Aug. 14, allowing insiders to sell shares and fueling stock swings.
• D. A. Davidson and HSBC analysts highlighted the risks of an $8 billion debt burden, reliance on major customers and stretched valuation.