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CoreWeave shares fell 15.22% as bond yields hit nearly 15% for the 2032 maturity. The company raised over $35 billion this year, pushing total debt to $52 billion by June end. Analysts warn of a mismatch between long leases and short contracts, expecting negative free cash flow of about $25 billion this year before third-quarter results on November 11.
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Summary by ByteBrief
Chip stocks slide on OpenAI revenue fears