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Plummeting Around 12%, Duan Yongping's Bottom-Fishing CoreWeave Turns into a Fierce Battlefield Between Bulls and Bears

On May 8th, AI cloud computing provider CoreWeave (CRWV) plunged 11.4% following its Q1 2026 earnings report, intensifying the polarized market view on the stock. While revenue doubled year-over-year to $2.08B and its Remaining Performance Obligations (RPO) surged to nearly $100B, its net loss also widened to $740M. The key trigger was a weaker-than-expected Q2 revenue forecast, coupled with rising costs that compressed adjusted operating margin to just 1%. The bull thesis centers on CoreWeave's massive order backlog, deep strategic ties with NVIDIA as a key customer and investor, and client diversification with major names like Anthropic and Meta. Supporters point to its 'hyperscale' status and over $20B in recent financing. Bears highlight the "growth at all costs" model: despite soaring revenue, losses are expanding, capital expenditures are massive (~$6.8B in Q1), and total debt has ballooned to around $25B. Significant insider selling by executives adds to skepticism. This contrast is embodied by investor Duan Yongping (known as "China's Buffett"), who initiated a small, exploratory position (~0.12% of his portfolio) in Q4 2025 near the stock's lows, viewing it as a speculative bet on the AI infrastructure chain. The upcoming Q2 report is seen as a critical test for management's promise of a profit margin rebound. CoreWeave remains a battleground stock where long-term narrative clashes with near-term financial reality.

marsbit05/09 09:15

Plummeting Around 12%, Duan Yongping's Bottom-Fishing CoreWeave Turns into a Fierce Battlefield Between Bulls and Bears

marsbit05/09 09:15

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