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    CoreWeave CEO cites strong backlog in memo to reassure staff amid market scrutiny

    Reuters reports CEO Mike Intrator said the market can sometimes “misunderstand and act irrationally”; CoreWeave shares closed down around 15%.

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    1 Source, 1h ago, first seen 1h ago

    TLDR

    Reuters reports that CoreWeave CEO Mike Intrator cited a strong backlog in a memo to reassure staff amid market scrutiny. Intrator said the market can sometimes “misunderstand and act irrationally,” while shares of the AI cloud-computing provider closed down around 15%.

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    1 Source, first seen 1h ago

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    Combined views

    25.4K

    1 Source, first seen 1h ago

    16 likes6 comments1 saves5 reposts

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    Reuters@ReutersCoreWeave CEO notes strong backlog in memo to reassure staff over market scrutiny https://reut.rs/4yfosjX https://reut.rs/4yfosjX1h
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    1 Source

    Reuters@ReutersCoreWeave CEO notes strong backlog in memo to reassure staff over market scrutiny https://reut.rs/4yfosjX https://reut.rs/4yfosjX1h
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