AIQuartzabout 2 hours ago
CoreWeave Bond Yield Tops 16%
2 min read
CoreWeave's five-year credit default swaps rose beyond 1,289 basis points on Thursday, then eased 8% to 1,155. The company's stock dropped 9.9% to $48.42. Despite political pressure from Texas and other states to curb data center construction, Goldman Sachs counts five AI bond sales worth $67 billion. CoreWeave reported net interest expense of $640 million in the second quarter.
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