CRWV

CoreWeave delivered a strong Q2 this week, exceeding revenue and earnings expectations, and reported a record $104.2 billion backlog, with incremental commitments raising effective backlog to $129.2 billion. CRWV achieved 112% year-over-year revenue growth and a 59% adjusted EBITDA margin (+3 PP Q/Q), demonstrating robust demand for its AI compute services and GPU leasing business. Despite aggressive debt-financed CapEx and investor concerns over leverage, CRWV trades at a significant valuation discount to rival Nebius, presenting catch-up potential.

CoreWeave, Inc. delivered Q2 results with 112% revenue growth, $1.51B adjusted EBITDA, and a $104B backlog, confirming robust AI infrastructure demand. CRWV raised full-year revenue guidance to $12.4–$13.2B and continues to secure major customer commitments, supporting aggressive capacity expansion. Despite heavy CapEx ($35–$39B forecast) and significant net interest expense ($640M in Q2), I remain comfortable with a Buy rating given visible demand and backlog.

CoreWeave and Nebius Group's results illustrate that purpose-built AI infrastructure is the engine of the AI supercycle.

Nebius and CoreWeave stocks are flashing bullish technical signals as technology shares rebound, with the charts pointing to potentially significant gains by year-end.

Brannin McBee, co-founder and CDO of CoreWeave (CRWV), talks about the company is "second to none" in the AI space after the stock rallied strong on earnings. He addresses how CoreWeave sets up contracts and utilizes its backlog while juggling energy needs and pushback from some public groups.

Earlier this week, neocloud staple CoreWeave (CRWV) gapped higher by 19.4% after an impressive beat-and-raise for the second quarter. With AI infrastructure stocks up off the mat after a July rotation, many investors are wondering what to do with names like CoreWeave.

CRWV raises 2026 capex to $35-$39B as surging AI demand, a $104.2B backlog and over $25B in new commitments support its rapid capacity buildout.

At $107.73, CoreWeave (NASDAQ:CRWV) sits at an inflection point.

Bet on the booming neocloud trend with a new ETF offering targeted exposure to GPU-as-a-Service and AI infrastructure providers.

CoreWeave (NASDAQ: CRWV) is one of the fastest-growing infrastructure businesses in the public market.