Report
CoreWeave Stock and Bond Selloff Signals AI Infrastructure Debt Concerns
Reuters reports CoreWeave shares fell nearly 25% for the week, while its 2031 bond yield briefly topped 16%.
TLDR
CoreWeave shares fell nearly 25% for the week, and the yield on its October 2031 bond briefly topped 16%, Reuters reports. The selloff has drawn attention to the AI cloud company's roughly $50 billion in debt used to finance data centers, amid inflation data that boosted bets on Federal Reserve rate hikes. Reuters says worries over CoreWeave's debt also weighed on rival Nebius.
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