Reported about 21 hours ago
CoreWeave's recent earnings report showed a significant loss of $290 million in the second quarter, despite revenue growth that surpassed expectations. Analysts emphasize that the company has not addressed critical profitability questions raised by skeptics, leading to concerns that it may end up being another 'profitless prosperity' scenario reminiscent of the dot-com bubble. Though the company has high demand and a better-than-expected revenue outlook, investors remain cautious until there is evidence of future profitability.
Source: YAHOO