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CoreWeave shares sink as bond yields spike and market confidence erodes

22 October 2026 at 02:29
Shares of AI cloud-computing company CoreWeave have fallen 29% in October. CNBC reports that the spreads on the company's credit default swaps are also widening, meaning investors are pricing in higher risk of default on its debt. The slide renews questions about the financing costs behind massive AI infrastructure spending.

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