Data center stocks fall as CoreWeave cuts revenue forecast

Terawulf

11/11/2025 16:54

** Shares of data center service providers fall after Nvidia-backed CoreWeave CRWV.O cuts full-year revenue forecast, citing delays at third-party data center partner

** Core Scientific CORZ.O falls 9.3% to $17.50 - a near three-week low, Applied Digital APLD.O falls 10% to $28.23

** Terawulf WULF.O slides 9% to $13

** JPMorgan says that "supply chain pressures are impacting one specific third-party data center developer used by CoreWeave, which is running behind schedule and shifts some of CoreWeave’s revenue out of Q4"

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))