Changes in US stocks | AI cloud computing service providers collectively strengthened ahead of the market, CoreWeave (CRWV.US) rose more than 13%

The Zhitong Finance App learned that on Wednesday, AI cloud computing service providers collectively strengthened ahead of the market. CoreWeave (CRWV.US) rose more than 13%, Q3 revenue surged 168% year on year, and raised annual revenue guidance; NEBIUS (NBIS.US) rose nearly 10%, Hut 8 (HUT.US) rose more than 7%, IREN (IREN.US) rose more than 6%, and Oracle (ORCL.US) rose more than 4%.

According to the news, AI cloud computing provider Coreweave released a strong quarterly report and raised its annual revenue guidance, temporarily easing market concerns about the slowing growth of this highly indebted company. In the third quarter, CoreWeave's revenue was US$3.661 billion, up 168% year on year, exceeding analysts' expectations of US$3.56 billion. It also broke through the company's own guidance limit of US$3.6 billion, an increase of 42% month-on-month. Revenue growth in a single quarter surpassed $1 billion for the first time. The net loss per share was $1.27, better than market expectations of $1.46. The company raised its revenue guidance for the full year 2026 to $13 billion to $13.3 billion.

CEO Michael Intrator characterized the quarterly report as a turning point: “The market narrative has changed, and people are beginning to examine the AI construction process. And our performance shows that the company is operating the right way and has earned continued customer choice.”