【Market Flash】Musk says: More than 200 pure-play AI cloud providers are facing a credit market that has basically shut its doors; most are unlikely to avoid bankruptcy or acquisition.
Industry bellwether CoreWeave has about $50 billion in debt, and its 2031 bond yield hit a record 15.76%, while its stock has fallen about 70% from its peak.
The CEO says orders can cover the debt, but creditors aren't buying it. Is the AI bubble really about to burst? Comment 1 if you're bearish, 2 if you're bullish.
$CRWV $BTC $ETH
#CoreWeave #AI云 #Cryptocurrency
(Source: BeInCrypto)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
Industry bellwether CoreWeave has about $50 billion in debt, and its 2031 bond yield hit a record 15.76%, while its stock has fallen about 70% from its peak.
The CEO says orders can cover the debt, but creditors aren't buying it. Is the AI bubble really about to burst? Comment 1 if you're bearish, 2 if you're bullish.
$CRWV $BTC $ETH
#CoreWeave #AI云 #Cryptocurrency
(Source: BeInCrypto)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
