BusinessPhoto: HT WorldCoreWeave Stock Drops Over 20% Amid AI Slowdown and Debt Concerns
CoreWeave shares fell sharply, dropping 15% on Wednesday and another 6% in pre-market trading Thursday, due to investor worries about the company's heavy debt and uncertain profitability if AI demand slows. Bernstein analyst Madison Rezaei maintained an "Underperform" rating, citing economic challenges to CoreWeave's long-term business model. Corporate bonds also declined as investors sold across maturities.
HT World·


