CoreWeave (CRWV) Stock Drops as $35B Debt Draws Attention

TLDR CoreWeave stock fell 6.13% to $89.12, extending a two-session decline. Shares now trade about 42% below the 52-week high of $153.20. CoreWeave reported a backlog of about $104 billion as of June 30. Only about 41% of its 3.7 GW contracted power capacity was active. Property and equipment spending reached $6.42 billion during the [...]

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