CoreWeave is likely to gain ground when it updates investors on deals worth tens of billions of dollars that it struck this year, according to Wells Fargo. The investment bank rates CoreWeave , which rents out computing power, most notably Nvidia GPUs, overweight and raised its 12-month price target to $135 from $125, implying 28% upside from Tuesday's close. The Livingston, New Jersey-based compa...
CoreWeave is likely to gain ground when it updates investors on deals worth tens of billions of dollars that it struck this year, according to Wells Fargo. The investment bank rates CoreWeave , which rents out computing power, most notably Nvidia GPUs, overweight and raised its 12-month price target to $135 from $125, implying 28% upside from Tuesday's close. The Livingston, New Jersey-based company is estimated to report first-quarter results on May 7. "[We] see much of major deal commentary reflected in recent 8-K/[press releases] (ie Anthropic, Meta, Perplexity), but expect constructive updates on delivery timelines (OpenAI) & unit economics," Wells Fargo analysts led by Michael Turrin wrote Tuesday in a report to clients. CoreWeave secured at least $63.9 billion worth of deals in the first quarter of 2026, including multi-year partnerships with Perplexity and Open AI, according to publicly available data. But Wells Fargo estimates the true value of the backlog at more than $90 billion. Remaining performance obligations (RPOs) could boost the company's stock, particularly as investors learn more about their impacts on CoreWeave's balance sheet, according to Wells Fargo. CRWV 1M mountain CoreWeave has soared 41% in the past month "Providing GPU capacity to the world's largest AI labs—including OpenAI, Google, Meta, & Microsoft—CoreWeave has already begun to show diversification of rev[enue] streams, fueling outsized growth with positive unit economics over the next 3 [years]," Turrin wrote. Expectations for the coming financial report are more evenly set now due to CoreWeave's "shrinking magnitude of beats on the last three qtrs + miss on 4Q," the analyst said. "Our sense is investors look for revs slightly above ([low single digit percentage]) high-end of 1Q guidance for $1.9-2.0B," Turrin wrote. Of 36 analysts covering CoreWeave on Wall Street, 23 rate it a buy or strong buy. CoreWeave has soared 41% in the past month and 146% over the past year.
Coco Robotics, the world's largest urban robot delivery platform, today announced that more than 100 robots in its active Miami delivery fleet are now carrying brand campaigns across South Beach, Wynwood, Brickell, and downtown. The wraps are running on robots that already operate daily across the city, transforming an existing delivery network into a scaled out-of-home media channel for multiple ...
Coco Robotics, the world's largest urban robot delivery platform, today announced that more than 100 robots in its active Miami delivery fleet are now carrying brand campaigns across South Beach, Wynwood, Brickell, and downtown. The wraps are running on robots that already operate daily across the city, transforming an existing delivery network into a scaled out-of-home media channel for multiple weeks surrounding Formula 1 Miami Grand Prix weekend. The campaign brings together seven brands span
Sean Gallup/Getty Images News Data from Kalshi showed that traders had sharply raised bets on artificial intelligence-related mentions ahead of Alphabet's ( GOOG ) ( GOOGL ) upcoming earnings call. Probabilities for “Wiz,” a cloud security startup, climbed from about 26.7% on April 18 to over 81% by April 22 before easing back toward the low-70s by April 24. Mentions tied to DeepMind , Alphabet’s ...
Sean Gallup/Getty Images News Data from Kalshi showed that traders had sharply raised bets on artificial intelligence-related mentions ahead of Alphabet's ( GOOG ) ( GOOGL ) upcoming earnings call. Probabilities for “Wiz,” a cloud security startup, climbed from about 26.7% on April 18 to over 81% by April 22 before easing back toward the low-70s by April 24. Mentions tied to DeepMind , Alphabet’s artificial intelligence research unit, rose from roughly 55% to above 70%, holding near those levels into the end of the period. The shift came as expectations consolidated around AI being central to management commentary. Traders also pushed up probabilities for “Gemini,” referring to Google Gemini , which entered the dataset later and moved into the mid-60% range. “Autonomous” mentions edged higher as well, rising from the low-30s to around 40%. More established business lines showed comparatively stable pricing. “Search advertising” stayed within roughly 68% to 74% throughout, while “Search ad” tracked slightly lower in the mid-60s. “YouTube Shorts” fluctuated narrowly around the mid-40% range. Regulatory themes, including references to the European Commission , remained lower, generally between the mid-20s and mid-30s, with privacy-related mentions showing similar variability. The company will report its earnings after the market close on Wednesday. Wall Street expects the Google parent to report EPS of $2.63, while revenue is expected to rise 18.6% to $107.03B for the quarter. More on Alphabet Alphabet Earnings Preview: Q1 Earnings Hinge On Margins And The Cloud Alphabet: Preparing For 'New Age' Q1 Earnings Alphabet: All-Time Highs May Be Ahead Alphabet Q1 preview: Ad resilience, cloud backlog, capex plans in spotlight California billionaire tax will be on the ballot in November
Sean Gallup/Getty Images News Data from Kalshi showed that traders had sharply raised bets on artificial intelligence-related mentions ahead of Alphabet's ( GOOG ) ( GOOGL ) upcoming earnings call. Probabilities for “Wiz,” a cloud security startup, climbed from about 26.7% on April 18 to over 81% by April 22 before easing back toward the low-70s by April 24. Mentions tied to DeepMind , Alphabet’s ...
Sean Gallup/Getty Images News Data from Kalshi showed that traders had sharply raised bets on artificial intelligence-related mentions ahead of Alphabet's ( GOOG ) ( GOOGL ) upcoming earnings call. Probabilities for “Wiz,” a cloud security startup, climbed from about 26.7% on April 18 to over 81% by April 22 before easing back toward the low-70s by April 24. Mentions tied to DeepMind , Alphabet’s artificial intelligence research unit, rose from roughly 55% to above 70%, holding near those levels into the end of the period. The shift came as expectations consolidated around AI being central to management commentary. Traders also pushed up probabilities for “Gemini,” referring to Google Gemini , which entered the dataset later and moved into the mid-60% range. “Autonomous” mentions edged higher as well, rising from the low-30s to around 40%. More established business lines showed comparatively stable pricing. “Search advertising” stayed within roughly 68% to 74% throughout, while “Search ad” tracked slightly lower in the mid-60s. “YouTube Shorts” fluctuated narrowly around the mid-40% range. Regulatory themes, including references to the European Commission , remained lower, generally between the mid-20s and mid-30s, with privacy-related mentions showing similar variability. The company will report its earnings after the market close on Wednesday. Wall Street expects the Google parent to report EPS of $2.63, while revenue is expected to rise 18.6% to $107.03B for the quarter. More on Alphabet Alphabet Earnings Preview: Q1 Earnings Hinge On Margins And The Cloud Alphabet: Preparing For 'New Age' Q1 Earnings Alphabet: All-Time Highs May Be Ahead Alphabet Q1 preview: Ad resilience, cloud backlog, capex plans in spotlight California billionaire tax will be on the ballot in November
We Are Stock index futures were mixed Wednesday morning as investors awaited more earnings results. Here are the four stocks to watch on the day: Bloom Energy ( BE ) was surging 17.06% in premarket trading after the company reported better-than-expected first-quarter results and raised its full-year guidance. Revenue of $751.1 million more than doubled from the prior-year quarter and exceeded cons...
We Are Stock index futures were mixed Wednesday morning as investors awaited more earnings results. Here are the four stocks to watch on the day: Bloom Energy ( BE ) was surging 17.06% in premarket trading after the company reported better-than-expected first-quarter results and raised its full-year guidance. Revenue of $751.1 million more than doubled from the prior-year quarter and exceeded consensus estimates by $211 million. Non-GAAP EPS of $0.44 beat expectations by $0.31. The company lifted its FY26 revenue guidance to $3.4 billion–$3.8 billion from $3.1 billion–$3.3 billion and raised gross margin guidance to 32%–34%. SoFi Technologies ( SOFI ) was sliding 9.3% before the opening bell after the bank and fintech company posted in-line first-quarter earnings and did not raise its full-year guidance. The lender reaffirmed its 2026 outlook , including GAAP EPS of approximately $0.60, adjusted revenue of approximately $4.655 billion, and adjusted EBITDA of approximately $1.600 billion—all in line with consensus estimates. Oracle ( ORCL ) was down 1.07% in premarket trade amid broader pressure on OpenAI-linked companies following a report that the ChatGPT maker missed internal growth targets. However, Wedbush Securities called the selloff an “overreaction,” noting that OpenAI has been tracking strong demand on both consumer and enterprise fronts. The firm recommended buying AI-driven tech stocks, specifically highlighting Oracle as a buying opportunity. Taiwan Semiconductor Manufacturing Company ( TSM ) was trading 0.13% higher in premarket after the chipmaker fully exited its investment in Arm Holdings. Its subsidiary TSMC Partners sold 1.11 million shares of Arm between April 28 and 29 at $207.65 per share, generating approximately $231 million in proceeds, according to regulatory filings cited by Reuters. More related stories Bloom Energy Corporation 2026 Q1 - Results - Earnings Call Presentation Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan O...
We Are Stock index futures were mixed Wednesday morning as investors awaited more earnings results. Here are the four stocks to watch on the day: Bloom Energy ( BE ) was surging 17.06% in premarket trading after the company reported better-than-expected first-quarter results and raised its full-year guidance. Revenue of $751.1 million more than doubled from the prior-year quarter and exceeded cons...
We Are Stock index futures were mixed Wednesday morning as investors awaited more earnings results. Here are the four stocks to watch on the day: Bloom Energy ( BE ) was surging 17.06% in premarket trading after the company reported better-than-expected first-quarter results and raised its full-year guidance. Revenue of $751.1 million more than doubled from the prior-year quarter and exceeded consensus estimates by $211 million. Non-GAAP EPS of $0.44 beat expectations by $0.31. The company lifted its FY26 revenue guidance to $3.4 billion–$3.8 billion from $3.1 billion–$3.3 billion and raised gross margin guidance to 32%–34%. SoFi Technologies ( SOFI ) was sliding 9.3% before the opening bell after the bank and fintech company posted in-line first-quarter earnings and did not raise its full-year guidance. The lender reaffirmed its 2026 outlook , including GAAP EPS of approximately $0.60, adjusted revenue of approximately $4.655 billion, and adjusted EBITDA of approximately $1.600 billion—all in line with consensus estimates. Oracle ( ORCL ) was down 1.07% in premarket trade amid broader pressure on OpenAI-linked companies following a report that the ChatGPT maker missed internal growth targets. However, Wedbush Securities called the selloff an “overreaction,” noting that OpenAI has been tracking strong demand on both consumer and enterprise fronts. The firm recommended buying AI-driven tech stocks, specifically highlighting Oracle as a buying opportunity. Taiwan Semiconductor Manufacturing Company ( TSM ) was trading 0.13% higher in premarket after the chipmaker fully exited its investment in Arm Holdings. Its subsidiary TSMC Partners sold 1.11 million shares of Arm between April 28 and 29 at $207.65 per share, generating approximately $231 million in proceeds, according to regulatory filings cited by Reuters. More related stories Bloom Energy Corporation 2026 Q1 - Results - Earnings Call Presentation Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan O...
Cognyte Software ( NASDAQ: CGNT ) on Wednesday said it had secured a three-year subscription agreement valued at more than $20 million with a long-standing customer in the Europe, Middle East, and Africa region. The company said the expanded deal would broaden the customer’s use of its AI-driven analytics capabilities across additional use cases, as operational demands grow in complexity and scale...
Cognyte Software ( NASDAQ: CGNT ) on Wednesday said it had secured a three-year subscription agreement valued at more than $20 million with a long-standing customer in the Europe, Middle East, and Africa region. The company said the expanded deal would broaden the customer’s use of its AI-driven analytics capabilities across additional use cases, as operational demands grow in complexity and scale. Cognyte added that the shift to a subscription model would enable ongoing access to new features and support scaling with increasing data volumes. CGNT +1.57 % premarket to $9.70. Source: Press Release More on Cognyte Software Cognyte Software: Compelling EBITDA, Low Dilution Cognyte jumps 15% on U.S. law enforcement contract win, expands North America footprint Cognyte Software beats bottom-line estimates; introduces FY27 outlook