๐ This week's biggest winners & losers: CRWV +14% vs ONON -22% โ plus what's ahead Aug 17-21
CoreWeave $CRWV surged ~14% this week after a monster Q2 โ revenue up 112% YoY to $2.6B and a nearly $100B backlog fueled by insatiable AI demand. On the flip side, On Holding $ONON cratered ~22% after Q2 revenue missed estimates on slowing wholesale growth, even as it raised its full-year outlook. The S&P 500 closed at a fresh record of 7,799, notching its 3rd straight weekly gain. Big earnings week ahead starting Tuesday with Home Depot $HD โ which mover surprised you most this week? Not financial advice.