New York, Feb 25, 2026, 11:58 EST — Regular session
- CoreWeave shares edged up roughly 0.9% in late morning trading
- Bloomberg says the AI cloud company is in talks for a Meta-backed bank loan worth $8.5 billion.
- Investors are on edge ahead of Thursday’s earnings, watching closely for news on funding or capacity changes.
Shares of CoreWeave traded up 0.87% at $100.16 as of 11:43 a.m. ET on Wednesday, following a Bloomberg News report that the AI cloud firm is looking to secure roughly $8.5 billion in bank loans, with contracts from Meta Platforms pledged as collateral. Finviz
The timing isn’t great for AI infrastructure stocks. CoreWeave, which relies on securing power, land, and GPUs, has seen the market react swiftly to even minor signals that its funding pipeline might be losing momentum.
CoreWeave will deliver its fourth-quarter numbers after markets close Thursday, with a conference call on tap for 5 p.m. ET, the company confirmed earlier this month. Investors zeroed in on two things: the pace at which signed demand is converting into actual revenue, and the ongoing costs of expansion. CoreWeave
Bloomberg reported the facility in question is structured as a delayed-draw term loan, letting the company access funds gradually. The deal would be backed by a Meta contract from last year, with a ceiling of $14.2 billion. Bloomberg also flagged another agreement between the pair, valued above $5 billion, which hadn’t been disclosed before. Bloomberg.com
According to MarketWatch, analysts surveyed by FactSet are looking for quarterly revenue coming in around $1.55 billion, with the net loss pegged near $342 million. The report points out that remaining performance obligations, or RPO—representing contracted revenue that hasn’t been recognized yet—are on the radar after topping $55 billion last quarter. MarketWatch
Options traders are set up for a sizable post-earnings move. tastylive put the expected swing at around plus or minus 15.21 points—about 15%, using Tuesday’s close. TastyLive
Evercore ISI’s Amit Daryanani stuck with his Outperform call and held the $160 price target, according to a Tuesday note cited by StreetInsider. StreetInsider.com
CoreWeave has been telling investors it can handle the expansion without straining its finances. Back in January, Nvidia committed $2 billion to CoreWeave as part of a deepening tie-up between the two. CEO Michael Intrator, at the time, called Nvidia “the leading and most requested computing platform at every phase of AI.” Reuters
Still, risks linger. Fresh concerns about financing have cropped up lately—investors are eyeing how debt for major data-center builds might come together, as these projects play a central role in the company’s growth strategy. And those bank loans? They can get cut down, see their rates shift, or even hit pause without warning. Barron’s
Another item turned up after hours: CoreWeave’s General Counsel Kristen J. McVeety sold off 1,677 shares on Feb. 20, according to a filing-cited report. The transaction was described as tax withholding on vested stock units. Investing.com
Thursday brings the next big event: earnings, plus any management commentary on funding connected to Meta’s contract. First, though, Nvidia reports quarterly numbers late Wednesday—traders will be combing through those for signals on AI infrastructure demand. investor.nvidia.com
