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Coreweave stock soars on solid earnings beat episode artwork

Aug 12, 2026 24 min

Coreweave stock soars on solid earnings beat

from Squawk Box Europe Express

Coreweave shares surge after the AI cloud provider posts a beat on both the top and bottom line. Data centre infrastructure firm Super Micro is also up on positive forecasts. Investors await the latest U.S. inflation data with the headline number expected to be 3.4 per cent. There is no clear agreement about the Federal Reserve’s next move. Oil inches higher as attacks on shipping in both the Strait of Hormuz and the Bab el-Mandeb raise fears of escalation as well as increase concern over crude supply chains. A top Iranian security official doubles down on Tehran’s demands to re-open the Gulf.

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Coreweave stock soars on solid earnings beat

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