CRWV Constricted Earnings, CAVA Dishes Mixed Report, EAT Serves Beat
Schwab Network · Schwab Network
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Show Notes
Cava Group (CAVA) sold off more than 20% overnight but recovered some of those losses after posting a mixed earnings report. Diane King Hall talks about the two points capturing investor attention: revenue and weaker-than-expected guidance. However, Brinker (EAT) dished out stronger earnings, and investors rewarded the stock with a rally. In the A.I. space, Diane notes CoreWeave's (CRWV) "bleed" on its balance sheet being worse than expected. Investors seem to weigh margin pressure over CoreWeave's A.I. growth.
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