🔴 CoreWeave is trading 5.3% down in pre-market amid bond yields reported near 15%

CoreWeave is trading 5.31% down now at $62.29 amid investor concerns about financing AI infrastructure.

• CoreWeave’s bond yields were reported near 15%; shares fell 15.5% on October 14 amid fears that AI companies are borrowing too heavily.
• Hotter-than-expected U.S. inflation also pressured technology and AI stocks, and the sell-off extended across Asian markets.
• Available coverage points to credit and broader market concerns rather than a new company-specific announcement on October 15.