CoreWeave Shares Drop After Forecast Sparks Growth Fears | Bloomberg Tech 5/8/2026
Summary
Bloomberg’s Caroline Hyde sits down with CoreWeave CEO Michael Intrator to discuss the company's earnings as it builds out data center capacity. Plus, a deep dive into April's jobs report and the impa
Transcript Excerpt
♪ ANNOUNCER: BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: THIS IS "BLOOMBERG TECH." DISCUSSING THE COMPANY'S EARNINGS OF COREWEAVE. , BREAK BREAKDOWN THE JOBS REPORT AND IMPACT OF AI ON TODAY'S WORKFORCE WITH CLARA SHIH. CAN WE BRING DOWN MORE EARNINGS WITH LYFT'S CEO DAVID RISHER. BUT FIRST WE CHECK IN ON MARKETS MOVING ON AN INTERNATIONAL BASIS. SOME SORT OF PEACE DEAL BETWEEN THE U.S. AND IRAN AND THE FOCUS IS ALSO AN OPTIMISM AROUND JOBS DATA COMING IN STRONGER FOR THE ACTIVE AT GAINS WE HAD IN AT LEAST A YEAR. TECH I'M AFRAID DOWN FOR 16 STRAIGHT MONTHS IN TERMS OF THE INFORMATION TECHNOLOGY AREA. EVEN AS CONSUMER CONFIDENCE LAGS, IT IS ABOUT THE AI TRADE, IT IS ABOUT BIG TECH. I JUST WANT TO SHINE A LIGHT ON WHAT …