CoreWeave stock (CRWV) dips in premarket as data-center financing questions linger ahead of earnings
CoreWeave shares dropped 2.8% to $86.79 in premarket trading Monday after reports questioned debt financing for a $4 billion Pennsylvania data center. Blue Owl, named in the report, said its $500 million bridge financing commitment remains. CoreWeave’s debt stands at $8 billion against 2024 revenue of $1.9 billion. Investors await CoreWeave’s fourth-quarter results Thursday for updates on funding and expansion plans.