CoreWeave shares plunge 16% as bond yields near 15% on AI debt fears
CoreWeave shares fell 16% while yields on its bonds climbed to 14.8–14.9% amid investor concerns that tech companies are borrowing too heavily for AI infrastructure. Oracle dropped nearly 7%, Dell 10% and Nebius 9%.
- CoreWeave stock fell 16%, bond yields hit 14.8–14.9%
- Oracle shares dropped nearly 7%, Dell 10%, Nebius 9%
- Nasdaq Composite lost 1.4% amid a tech selloff
- JPMorgan: hyperscalers to spend $800B this year, over $1T annually by 2027
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