CoreWeave (NASDAQ:CRWV) shares jumped approximately 5.6% to $51.49 in after-hours trading on 10 November after the AI cloud infrastructure specialist delivered better-than-expected Q3 revenue, upgraded its full-year guidance and reported a record $132.5bn revenue backlog. The results provided fresh evidence that demand for AI computing infrastructure remains exceptionally strong. However, concerns about debt, financing costs … Continue reading Why CoreWeave shares surged: AI demand drives guidance upgrade