CoreWeave Faces Earnings Pressure as Cracks Appear in AI Trade

Now, investors will be closely watching CoreWeave’s results as concerns mount about heavy spending by companies like Meta Platforms Inc. and Microsoft Corp., as well the circularity of many AI deals announced in recent weeks, with OpenAI at the center. “Investors have gotten a lot more sensitive to the balance between growth and spend,” said Dave Mazza, chief executive officer at Roundhill Financial.