CoreWeave reported quarterly results above expectations, with revenue rising 168% year over year and a smaller loss than estimated. The stock rose 13% in premarket trading on Wednesday after falling nearly 65% from its 52-week high. Management detailed a financing plan aimed at easing concerns about debt and the cost of capital, while strong demand supported higher pricing and contribution margins. Wall Street analysts remained divided: Deutsche Bank, Bank of America, Goldman Sachs, Citi and JPMorgan rated the stock a buy, while Morgan Stanley, Barclays and UBS maintained neutral ratings and Bernstein rated it underperform.
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