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CoreWeave Q1 Loss Narrows Despite Surge In Revenues

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

CoreWeave Inc. (CRWV) on Thursday said its net loss for the first quarter widened from last year, despite revenues surging.

Net loss widened to $740 million, or $1.40 loss per share, from a net loss of $315 million, or $1.49 loss per share, in the year-ago quarter.

Revenue more than doubled to $2.08 billion from $982 million last year.

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Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.