CoreWeave as a customer
Company: Applied Digital
The claim, verbatim
CoreWeave is one of the main customers with a lease from Applied Digital
Source (primary)
Wells Fargo Starts Applied Digital (APLD) at Overweight and Calls it a Top Idea - Yahoo Finance (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “A backlog resting on Meta, Oracle and CoreWeave is only as strong as those three.”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article names Meta, Oracle and CoreWeave as the three tenants behind the backlog and discusses 'the CoreWeave lease' specifically.
Confirmed in the source:
- CoreWeave holds a lease with Applied Digital
- CoreWeave is one of the three tenants, with Meta and Oracle, on which Applied Digital's backlog rests
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/wells-fargo-starts-applied-digital-230948097.html) in full (12,389 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Wells Fargo Starts Applied Digital (APLD) at Overweight and Calls it a Top Idea - Yahoo Finance
Quote: “A backlog resting on Meta, Oracle and CoreWeave is only as strong as those three.”