Connecting A Few Dots on CoreWeave
In light of that mysterious 'delay,' a few fun facts.
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If nothing else today, the action in CoreWeave’s stock showed just how little tolerance there is for anything but perfection from the highest of high-flyers.
With CoreWeave $CRWV, it was management’s comment on its earnings call Monday that there had been an unexpected delay in a third-party datacenter coming on stream, which would impact Q4 results. That, of course, was on the heels of the company’s termination of its merger with Core Scientific.
But should it have really been a stock-spattering surprise?
Connecting a few dots, and at risk of confusing one Core with the other, you tell me…