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Business & Economics

Nvidia-Powered CoreWeave Files for Nasdaq IPO After 700% Revenue Surge

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Summary
Nutrition label

71% Informative

Company reported a 700% increase in revenue in 2024 , but recorded a net loss of over $860 million .

Microsoft accounted for nearly 2/3 of Corey 's revenue and the company holds over $15 billion in unfulfilled contracts.

Morgan Stanley is leading the IPO with JP Morgan Chase and Goldman Sachs as honor writers.

VR Score

72

Informative language

71

Neutral language

72

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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