CoreWeave Reportedly Plans $4B Investment-Grade Loan After Strong Earnings Beat — But Shares Fall After-Hours On Nvidia CEO Drama

CoreWeave (CRWV) seeks $4B in financing, expects $9B in customer prepayments. Q3 revenue surged 168% to $3.66B, beating estimates, but losses widened. Adjusted operating income and backlog exceeded forecasts. CEO Intrator said demand is high, and prices for older GPUs rose 30%-50%. Retail sentiment on Stocktwits turned bullish.

CoreWeave shares rose 24.7% after the company raised its 2026 revenue outlook to $13B-$13.3B and reported Q3 revenue of $3.661B. Global equities advanced, with the Nasdaq up 1.6%, S&P 500 up 1.3%, and Dow up 0.5%. The dollar gained 0.7% on firmer December rate-hike bets.

CoreWeave reported Q3 2026 revenue of $3.661B, up 168% YoY. Recourse debt rose $10.2B to $41.6B, while $9B in customer prepayments expected. Shares rose 24.71% post-earnings. Analysts' price targets diverged, with some cutting estimates. Active power reached 1.7 GW, and revenue backlog grew to $132.5B.

CoreWeave's shares surged 25% after reporting better-than-expected quarterly results and raising its 2026 outlook. CEO Michael Intrator noted demand for computing capacity is 10 times supply, boosting investor sentiment. The company's debt concerns eased as it secured funding for data center expansion. Nvidia's H100 chips, bought 4 years ago, are being contracted at 20-50% above cost, showing sustained value. CoreWeave shares are still down 15% year-to-date but up 55% from their 52-week low.

CoreWeave (CRWV) is seeking $4B in investment-grade loan financing, with Morgan Stanley (MS) and Mitsubishi UFJ Financial Group (MUFG) leading the effort, according to Bloomberg.

CoreWeave, a New Jersey-based cloud computing company, reported Q3 revenue of $3.7B, up 168% YoY, easing some investor concerns. Despite a net loss of $709M, its revenue backlog grew to $132.5B. The company plans to reduce debt reliance, using customer prepayments for capital spending. Analysts remain cautious about long-term risks.