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CoreWeave Shares Slide After Heavy Spending Alarms Investors

CoreWeave Inc. fell as much as 13% in late trading after reporting a bigger-than-expected loss and boosting capital expenditures, spurring concerns about the company overspending on infrastructure.

The loss widened to 89 cents a share in the fourth quarter, the company said in [a statement](https://www.bloomberg.com/news/terminal/TB33ZO6Z785C) Thursday. Analysts had estimated about 72 cents on average, according to data compiled by Bloomberg. Revenue rose to $1.57 billion, compared with a $1.55 billion prediction.

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