Cathie Wood's ARK Pours $16 Million Into CoreWeave While Cutting $10 Million Palantir Stake

CoreWeave reported record Q3 revenue of $3.66B, up 168% YoY, and raised its full-year outlook. However, it also reported a net loss of $709M, $846M in interest expense, and plans $39B in 2026 capex. Its debt grew to $46.8B by Q3 2026. CoreWeave's growth relies on significant financing, raising concerns about the neocloud business model's sustainability and potential consolidation.

NVIDIA CEO Jensen Huang's resignation triggered a 22% price drop in Japan for RTX 5090 and RTX 5080 graphics cards, though analysts attribute this to supply and demand factors. NVIDIA's stock fell 4.29% on November 13, and semiconductor stocks broadly weakened. The price cuts are likely due to inventory and supply changes, not the management change.

Nvidia's CEO Jensen Huang resigned, causing shares to drop 5.7% and AI supply chain stocks to fall. CoreWeave reported 168% revenue growth, easing debt concerns. Cerebras beat expectations with a 70% revenue increase. Xero and Mainfreight exceeded forecasts, with Xero announcing a A$1b share buyback. US consumer prices rose more than expected, raising Fed rate hike prospects.

CoreWeave (CRWV) reported Q3 revenue of $3.7B, up 168% YoY, with adjusted operating margin at 10%. The company saw record backlog, strong pricing, and significant prepayments, but also higher losses and capital spending. Management remains optimistic about long-term profitability.

CoreWeave plans to use customer-linked loans for expansion, reducing risks from construction. The company reported Q3 revenue of $3.66B, up 168% YoY, and a net loss of $709M. CoreWeave's debt stands at $46.9B, with a revenue backlog of $132.5B.

CoreWeave reported Q3 2026 revenue of $3.66B, up 168% YoY, but with a $709M net loss and $46.9B in debt. The company plans to use customer-linked loans for expansion, aiming to reduce construction risks. Market pricing indicates a slight decrease in bankruptcy expectations.