According to The Tokenist, CoreWeave, Inc. (CRWV) shares fell nearly 9% in premarket trading on November 11, 2025, after the company cut its full-year revenue and capital expenditure guidance. The cloud computing provider cited delays with a third-party data center vendor, which impacted capacity deployment despite exceeding Q3 earnings estimates. CoreWeave reported Q3 revenue of $1.365 billion, above the $1.286 billion forecast, but revised its active power expectation from 900 megawatts to over 850 megawatts. The company also reduced its 2025 capital expenditure forecast by $8.5 billion and lowered revenue guidance by $150 million. Analysts noted this as the first major operational risk in the AI infrastructure industry, with concerns over execution and competition from diversified infrastructure partners of major clients like Microsoft and OpenAI.
CoreWeave Shares Drop 8.6% After Cutting Revenue Outlook Due to Data Center Delays
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