CoreWeave is trading at $2.35, down 22.09%, as borrowing costs for its AI data-center build-out rise amid inflation-driven rate concerns and a wider AI infrastructure sell-off.
- On October 15, its 2032 bond yield was reported near 14.8%; second-quarter net interest expense more than doubled year over year to $640 million.
- Pressure follows the October 14 announcement of a $3 billion convertible-note offering and an at-the-market program for up to 35 million shares, intensifying investor concerns about financing and dilution.