Super Micro Gives Rosy Sales Forecast, CoreWeave's Revenue Surges, Cava Sales Jump
On this episode of Stock Movers: - Super Micro (SMCI) gave a sales forecast for the current quarter that topped analysts’ estimates, a sign the booming artificial intelligence market continues to bolster sales of the company’s servers. Shares jumped about 9% in extended trading after closing at $31.60 in New York. The stock has gained 8% this year. - CoreWeave (CRWV) a provider of computing that powers artificial intelligence systems, topped analysts’ estimates for second-quarter sales after signing up more customers in a booming market. Sales more than doubled to $2.58…
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