CoreWeave Reports $100 Billion Backlog Amid Widening Losses

Cloud infrastructure provider CoreWeave announced an 'unprecedented' $100 billion backlog, but investors are weighing this record demand against the company's widening losses.

7 May, 20:55 — 7 May, 20:55

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marketwatchMostly Factual1h ago

CoreWeave reports ‘unprecedented’ $100 billion backlog — but that comes at a cost

The stock is choppy as investors weigh record-breaking demand against widening losses.

By Christine Ji

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CoreWeave Reports $100 Billion Backlog Amid Widening Losses

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CoreWeave reports ‘unprecedented’ $100 billion backlog — but that comes at a cost

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