CoreWeave falls over 10% pre-market on the US stock exchange

CoreWeave drops over 10% in pre-market trading, currently at $87.73. On the news, CoreWeave is facing a massive backlog of orders. The company expects capital expenditures of $30-35 billion in 2026, significantly higher than $10.31 billion in 2025. The huge capital spending has raised concerns in the market about the risk of significant short-term losses.

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