CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall
CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report."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.He then clarified that a "singular data center provider" is more accurate."Some people might think it's one complex, but when I go over the numbers, we're ...