Story preview
Topics in this story
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
6
in the last 3 days
First reported
2 days ago
5 outlets since
Countries
5 other outlets reported this story in the last 3 days.
Selling pressure is spreading across AI-related stocks as credit risk rises at AI infrastructure firm CoreWeave. Its five-year credit default swap spread topped 1,140 basis points intraday before easing to 1,088, up 33% from a week earlier and 177% from a year ago. CoreWeave has more than $51 billion in debt and…
CoreWeave bond yields near 15% and CDS spreads double to 643 bps as shares drop 16%, signaling credit markets doubt the AI infrastructure debt model.
Investors are increasingly questioning the financial sustainability of the artificial intelligence boom as the cost of insuring against defaults by technology companies reaches record highs, exposing growing anxiety over the debt being accumulated to build AI infrastructure. Credit default swap (CDS) spreads on…