CoreWeave (CRWV) shares surged 16% in pre-market trading on Wednesday after the company delivered stronger growth and raised its full-year outlook, lifting the broader neocloud market. The AI infrastructure provider said second-quarter revenue more than doubled to $2.58 billion, narrowly beating expectations, while its net loss of $626 million was smaller than analysts projected. The company forecast third-quarter sales of $3.45 billion to $3.6 billion and increased its 2026 revenue guidance to between $12.4 billion and $13.2 billion.IREN (IREN) and Cipher Digital (CIFR), both gained 5% as investors piled into companies positioned to benefit from accelerating demand for AI computing.CoreWeave…

In brief Crypto-backed loans give holders cash against their coins without selling, generally avoiding a capital-gains event. Figure advises borrowers to compare four things when shopping: max loan-to-value, fixed vs. variable rate, licensing, and liquidation terms. Licensing and liquidation protection matter more than the headline rate, says the crypto lender, and the product suits only holders comfortable with margin-call risk. If you believe in your crypto, selling it to cover a short-term cash need is the one move you’d rather not make. Sell, and you trigger a taxable event and give up any future upside. A crypto-backed loan offers another…

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