U.S. stock market anomaly | Q2 guidance is sluggish, CoreWeave (CRWV.US) "NVIDIA's favorite son" drops more than 11% at the opening bell.

According to the Zhixun Finance and Economics APP, on Friday, "NVIDIA's own son" CoreWeave (CRWV.US) fell by more than 11% in early trading, now trading at 113.57 US dollars. In terms of news, CoreWeave achieved a total revenue of 2.08 billion US dollars in the first quarter, a year-on-year increase of 112%, higher than the consensus expectation of 1.97 billion US dollars by LSEG. This growth not only continues the high growth trend since the company went public, but also makes it one of the fastest-growing public companies in the AI infrastructure race. However, what is more eye-catching than revenue is the significant deterioration in the profit side. Under GAAP, CoreWeave's net loss in the first quarter was as high as 740 million US dollars, a 135% increase compared to the 315 million US dollars loss in the same period last year, with a net loss rate of 36%. The adjusted net loss was 589 million US dollars, with an adjusted net loss rate of 28%, both significantly worse than the same period last year.