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CoreWeave 's stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss .

In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG.

CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refers to a set period of time following a market debut in which insiders are restricted from selling shares.

"We remain constructive long term and are encouraged by today's data points, but see near-term upside cap

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