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Global marketsUpdated 4h ago

CoreWeave shares close up 25%, their biggest daily gain in 17 months.

The 21.5% figure was an earlier Wednesday reading: Forbes Middle East reported that gain at 10:30 a.m. EST. Jawlah’s later report put CoreWeave shares up 25% at the close, at $60.77—their biggest daily gain in 17 months. The move followed strong quarterly results and a higher full-year revenue outlook, which helped ease investor concerns about the company’s heavy debt burden.

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Key Actors

  • Anthropic
  • CoreWeave

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