Follow-up to CoreWeave default insurance cost up 50% in a month
CoreWeave bond yield eases to 15.5% before earnings
CoreWeave (CRWV), whose cost to insure its debt against default has jumped, reports third-quarter results after the bell on Tuesday November 10. Its 2031 bond yielded 15.5% that day, down from a peak on Thursday November 5, when investors weighed the election and possible roadblocks to building data centers. Analysts want to hear how it will pay for its build-out.
Sources
CoreWeave bonds yield 15.5% before earnings
The whole story · updated
CN
CNBC
· 5d ago
CoreWeave earnings put debt-fueled AI build-out under scrutiny