Saudi Aramco Signs 34 Deals Worth $90 Billion With US Companies
Fast growth, but also significant losses, the guidance is disappointing, "NVIDIA's favorite child" Coreweave saw a sharp decline after its first Earnings Reports.
CoreWeave's revenue surged 420% year-on-year in the first quarter to 0.98 billion dollars, with net losses widening from 0.13 billion dollars in the same period last year to 0.31 billion dollars. The company stated that customer demand is accelerating, expecting minimal impact from tariffs, but revenue and capital expenditures this year may be "unstable," with an expected annual revenue growth rate of 190%, which is less than half of the first quarter growth rate.
South Korea Taps Hewlett-Packard Enterprise for Next-Gen Supercomputer Build
Boeing's $96B Deal With Qatar Airways Caps Strong Week, Sending Shares to 52-week High
Bridgewater's major changes in Q1: Alibaba (BABA.US) holdings increased by 21 times, while NVIDIA (NVDA.US) was reduced.
Bridgewater made significant adjustments to its investment portfolio in the first quarter of 2025, expanding its layout in various fields such as Technology, Consumer, and Finance.
Nvidia-backed CoreWeave Whipsaws as Investors Digest $23 Billion Capital Expenditure Plan
