CoreWeave CEO cancels share sale after earnings surge; shares had risen earlier
CoreWeave's chief executive cancelled a planned 10b5-1 share sale after the cloud-computing firm reported a 168% jump in third-quarter revenue and an upgraded 2026 outlook, CNBC reported. He said the company saw no regulatory impact from recent election results. The cancellation came after the company's shares had risen earlier in the day, following comments from the CEO that the firm enjoyed strong pricing power and that its data-center capacity was fully booked, as noted by Investor's Business Daily.
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