CoreWeave Falls 10% as Bond Yield Touches 15% and Elon Musk Says ‘Yikes’; Nebius Drops 6%, Oracle Slips
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CoreWeave (NASDAQ:CRWV) stock is at $70.37 down 10% in morning trading, as a spike in its bond yields revives questions about how the AI-focused cloud provider pays for its chips. Lenders are demanding a much higher return to hold the company’s unsecured debt, and CoreWeave stock is adjusting alongside them. Credit risk has moved to t
CoreWeave (NASDAQ:CRWV) stock is at $70.37 down 10% in morning trading, as a spike in its bond yields revives questions about how the AI-focused cloud provider pays for its chips. Lenders are demanding a much higher return to hold the company’s unsecured debt, and CoreWeave stock is adjusting alongside them. Credit risk has moved to t
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