4 days ago
CoreWeave (CRWV) Stock Faces Fresh Pressure Despite Nvidia’s Support
TLDR CRWV stock fell nearly 4% in Friday’s premarket session, trading around $67 after Thursday’s rebound. CoreWeave’s bonds maturing in 2031 and 2032 faced selling pressure as yields climbed above 15%. CoreWeave reported approximately $35.1 billion in borrowings and $16.3 billion in operating lease liabilities in June. Second-quarter net interest expense reached $640 million, while [...]
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