CoreWeave, Inc. (CRWV) Stock: High Capital Costs and Tech Rivalry Challenge Record Growth

TLDR CoreWeave’s Q2 backlog surged 246% to $104.2B alongside raised full-year guidance. Active power expanded by 500MW to 1.5GW as long-term power targets hit 8GW. Capital spending reached $9.4B while quarterly interest expenses hit $640 million. Microsoft and Nebius pose direct competitive pressure in cloud infrastructure. Heavy debt and buildout costs offset strong AI-driven compute [...]

The post CoreWeave, Inc. (CRWV) Stock: High Capital Costs and Tech Rivalry Challenge Record Growth appeared first on Blockonomi.