CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Brannin Mcbee sold 144,000 shares of the business

CoreWeave signed a multi-year agreement with Hudson River Trading to provide AI infrastructure for the quantitative trading firm's research and model-development workloads.

CoreWeave Q2 revenue surges 112% YoY to record $2.58 billion. Adjusted loss per share of $1.03 beats consensus estimates. Revenue backlog expands to $104 billion with $25 billion in new commitments. Contribution margins on new contracts rise 5-10 percentage points. Active power footprint grows to 1.5 gigawatts.

AI spending is minting new winners faster than most investors can track, and three stocks sitting at the intersection of memory, custom silicon, and GPU cloud infrastructure may be the clearest bets on where the next wave of capital flows.

CoreWeave, Inc.’s $104B backlog, surging inference ARR, and higher GPU pricing boost margins and valuation. Click for this CRWV stock update.

Kinetic Partners Management LP lifted its holdings in CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 70.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 904,900 shares of the company

Wedbush Fund Advisers LLC purchased a new stake in CoreWeave Inc. (NASDAQ:CRWV - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 236,720 shares of the company

Cibc World Market Inc. grew its position in CoreWeave Inc. (NASDAQ:CRWV - Free Report) by 48.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 47,818 shares of the company