CoreWeave beats revenue projections as backlog swells to nearly $67 billion

Market Intelligence Analysis

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Why This Matters

CoreWeave has exceeded revenue projections and accumulated a significant backlog of nearly $67 billion, driven by business from prominent tech companies Meta and OpenAI.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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CoreWeave is now sitting on a backlog of nearly $67 billion in revenue, with business from Meta and OpenAI.

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Original article published by CNBC on February 27, 2026.
Analysis and insights provided by AnalystMarkets AI.