CoreWeave Shares Fall Below $100 Amid Q4 Warning and Core Scientific Fallout – 11/11/2025
CoreWeave (CRWV) shares slid 9% to $96 in pre-market trading, dropping below $100 for the first time since September after issuing a fourth-quarter warning and facing continued pressure from the failed Core Scientific merger.
The AI-focused cloud provider reported Q3 revenue of $1.36 billion and an EPS loss of $0.22, exceeding expectations, but lowered full-year guidance due to third-party data center delays.
CEO Michael Intrator said, “Demand for our platform remains strong, but supply chain pressures are impacting Q4 results.”
The stock has declined roughly 20% since Core Scientific shareholders rejected the proposed merger. Intrator stressed growth plans remain intact, with ongoing collaboration on 590 megawatts of leased capacity.
CoreWeave continues to expand its infrastructure footprint, reaching 2.9 gigawatts of contracted power and launching new projects across Europe.
