Shares of CoreWeave sank, while yields in its bonds surged higher. Elon Musk responded, “yikes” to the moves, pointed out on X by Chamath Palihapitiya late Tuesday. CoreWeave isn’t the only tech company seeing fallout from concerns over AI debt loads. Oracle shares also dropped.
CoreWeave’s stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily for the artificial intelligence build-out.
Shares of the so-called neocloud nosedived 16%, while yields on
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