AIQuartzabout 1 hour ago
CoreWeave Stock Falls 16% on Bond Yields
2 min read
CoreWeave stock fell 16% on Wednesday as bond yields jumped to 14.8% and 14.9% for its 2032 and 2031 notes respectively. Investors worry about AI debt, with the 2032 yield touching 15% on Tuesday. The company raised over $10 billion in debt and reported $640 million in net interest expense for the second quarter.
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