AICNBC Techabout 2 hours ago
CoreWeave Shares Plummet on AI Debt Fears
2 min read
CoreWeave shares nosedived 16% and bond yields jumped near 15% on Wednesday as investors feared excessive AI borrowing. Oracle shares tumbled nearly 7% and Dell cratered by 10%. Hyperscalers are on track to spend $800 billion this year, with costs expected to exceed $1 trillion annually by 2027.
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