BusinessPhoto: HT WorldCoreWeave Bonds Fall as US Election Raises Data Center Concerns
CoreWeave Inc.'s bonds dropped to record lows after Democratic candidates supporting slower data-center construction won key gubernatorial races, including Texas. The company's unsecured debt due 2031 fell to 79.5 cents on the dollar, with yields over 15%, signaling distress. New Texas Governor Gina Hinojosa and others in Ohio and Georgia have called for moratoriums on data center development, impacting CoreWeave's borrowing costs.
HT World··Austin



