CoreWeave Shares Sink After Data Center Delay Cuts Full-Year Outlook Below Analyst Targets

Benzinga 2025-11-12

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CoreWeave shares dropped 16% after CEO Mike Intrator cited delays at a third-party data center developer, forcing the company to trim its 2025 revenue outlook. Despite the setback, CoreWeave reported strong third-quarter revenue growth and said its backlog remains unaffected.

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