EconomyCoreWeave CEO touts strong backlog in memo aimed at reassuring staff amid market scrutiny

CoreWeave CEO Mike Intrator said in a memo on Wednesday that markets can sometimes “misunderstand and act irrationally.” Shares of the AI cloud-computing provider closed down about 15%.

CoreWeaveAI cloud computingsharesmarket scrutiny

RReuters★★☆☆☆2026-10-14 20:45Original