6 days ago
CoreWeave (CRVW) Stock Falls as AI Borrowing Faces New Test
TLDR CoreWeave stock dropped approximately 16% on Wednesday as investors reviewed debt risks tied to AI infrastructure spending. CoreWeave’s bonds maturing in 2031 and 2032 yielded nearly 15%, reflecting falling bond prices. CoreWeave’s second-quarter net interest expense reached $640 million, more than double the previous year’s $267 million. Oracle, Nebius, and Dell shares also declined [...]
The post CoreWeave (CRVW) Stock Falls as AI Borrowing Faces New Test appeared first on Blockonomi.
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