CoreWeave ups its spending forecast as revenue guidance falls short, and its stock sinks

Shares of the cloud data center company CoreWeave Inc. were trading more than 8% lower after-hours following mixed first-quarter earnings results and a lower-than-expected forecast for the current quarter.

The company also increased its capital expenditures spending forecast, further eroding investor confidence in what has been one of the hottest stocks on Wall Street so […]

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