DA Davidson analyst: CoreWeave is 'destroying value' with debt

Gil Luria, head of technology research at DA Davidson, said CoreWeave is "destroying value at every turn" because it borrows at 9% while the best return it can get is 5%, so scaling won't help. CoreWeave shares previously fell 16% amid concerns over AI-related debt.

• Luria: borrowing at 9% with a 5% return makes scaling pointless
• DA Davidson analyst says CoreWeave is "destroying value"
• CoreWeave shares previously fell 16% on AI-debt concerns