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CoreWeave's bonds fall into distressed territory as shares drop over 20 percent

CoreWeave's bonds slipped into distressed territory, with yields about 1,000 basis points above government bonds. Its shares are down more than 20 percent since the prior Tuesday's close, and other AI stocks saw some spillover.

1outlet ran itRead at The Verge
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Written by
Claude How

Every outlet that ran it 1 article

  1. The VergeTech pressLead

    CoreWeave’s debt is becoming the whole AI industry’s problem

    By Elizabeth Lopatto

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