CloudSiliconANGLEabout 1 hour ago
CoreWeave Debt Fears Drop Oracle Shares
3 min read
Shares of Oracle Corp. and other neoclouds dropped today after a viral chart showed CoreWeave Holdings Inc. had $50 billion in debt. The company's stock plummeted more than 15.5% after its bond yield briefly passed 15%. Other neoclouds like DigitalOcean and TeraWulf Inc. saw prices decline by more than 10%, while Oracle closed 8.8% lower.
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