"Second, the interest expense curve. With CapEx guided at $30 billion to $35 billion this year, the financing math determines whether operating leverage shows up. Intrator flagged a 300 basis point decline in weighted average interest rate in 2025 and roughly $700 million in annualized interest savings. Investors will watch whether that progress holds as new debt funds the buildout."
CoreWeave is set to report first-quarter results at 4:05 PM EST on May 7, with investors focused on whether recent momentum can reset the AI cloud narrative. Shares have surged year-to-date and over the past month after trading near $82 in early April. In the prior quarter, revenue beat expectations while adjusted EPS missed, and the net loss widened due to high interest expense. Since then, CoreWeave secured an Anthropic partnership, received a $2 billion strategic investment from NVIDIA, and faced a securities fraud class action tied to alleged data center construction delays. Key watch items include backlog conversion by year-end 2026, the interest expense curve given large planned capital expenditures, and growth in $1 million-plus customers.
Read at 24/7 Wall St.
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