CoreWeave Slides, Dell Jumps, Netflix Rises After Bowing Out From Warner Bidding War
On this episode of Stock Movers: - CoreWeave (CRWV) shares slide after the company reported a bigger-than-expected loss and boosting capital expenditures, spurring concerns about the company overspending on infrastructure. The loss widened to 89 cents a share in the fourth quarter, the company said in a statement Thursday. - Dell (DELL) shares jump after the company gave an outlook for sales of its artificial intelligence servers that exceeded estimates. The company will generate about $50 billion in AI server revenue in the current fiscal year, and enters the year with a record backlog of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.