CoreWeave (CRWV) shares fell 16% after CEO Mike Intrator said delays at a third-party data center developer led to missed full-year guidance. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on Tuesday. Intrator emphasized the issue was limited to one provider, which CNBC’s Jim Cramer identified as Core Scientific (CORZ), citing delays at facilities in Texas, Oklahoma, and North Carolina. Both stocks plunged on Tuesday.
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