CoreWeave (CRWV) stock slips after Q3 beat as data‑center delay trims 2025 outlook — What to know today (Nov. 11, 2025)
CoreWeave shares fell nearly 9% in early trading Tuesday after the company cut its 2025 revenue outlook due to a third-party data-center delay. Q3 revenue jumped 134% to $1.365 billion, beating estimates, while net loss narrowed to $110.1 million. The affected customer extended its contract, keeping total deal value unchanged. Revenue backlog rose to $55.6 billion, driven by large deals with Meta and OpenAI.