This Overlooked CoreWeave Disclosure Has Cantor Growing More Bullish — What Investors Need To Know

U.S. stock futures were mixed on Tuesday, with Nasdaq and Russell 2000 futures up 0.1%, Dow futures down 0.1%, and S&P 500 futures flat. Investors await July CPI data and geopolitical tensions impact sentiment. Key earnings reports include SMCI, CRWV, CAVA, LITE, and SLS. NVDA labeled AI data centers as investable assets, INTC upsized its share sale to $20B, and RIOT secured a $9.1B deal. RKLB shares fell despite a revenue beat, ASTS extended selloff, and SPCX faced lockup expiration pressures.

Bitcoin surged 22.49% in August, outperforming most AI-linked stocks. Canaan (CAN), American Bitcoin (ABTC), and Cango (CANG) rose 66.99%, 53.71%, and 40.96% respectively. The rally was driven by a short squeeze and strong spot ETF demand. Several miners faced listing pressure but rebounded. The move's sustainability depends on continued spot demand and on-chain metrics.

CoreWeave (CRWV), Nebius (NBIS), and IREN shares rose 4%, 6%, and 3% respectively in overnight trading after Nvidia's Q2 results exceeded expectations, with Data Center revenue up 117%. Nvidia expects neocloud capacity to grow, but Palo Alto CEO Nikesh Arora warned of potential neocloud valuation collapse due to future supply-demand balance.

Nvidia (NVDA) reported Q2 fiscal 2027 revenue of $96.2B, exceeding estimates, with adjusted EPS of $2.22. Data center sales surged 117% YoY. The company gained $7.8B from equity investments, including SpaceX, Intel, and others. Nvidia forecasted Q3 revenue of $108B and fiscal 2028 growth of 70%. Shares rose 4.7% post-earnings. The company noted risks like margin compression and debt.

CoreWeave (CRWV) shares fell 17% after the company increased its data center spending forecast. Truist Securities raised its price target to $165, citing CoreWeave's pricing power and expected margin improvements. The analyst believes higher prices will offset increased costs from Nvidia, leading to a potential 88% upside. CoreWeave's revenue grew 112% YoY to $2.58B, but losses widened due to higher capital expenditures.

CoreWeave reported Q2 revenue of $2.575B, up 112% YoY, beating estimates. Adjusted loss per share was $1.03, better than expected. The company raised its 2026 capex forecast to $35B-$39B and revenue guidance to $12.4B-$13.2B. Analysts maintain a 'Moderate Buy' rating with an average price target of $140.30, suggesting 58% upside.