Technology
CoreWeave Risk Gauge Hits Record, Pricing 60% Odds of Default
Key Points
CoreWeave Inc.’s credit risk climbed to an all-time high Thursday as its high-yield bonds extended declines, rattled by the AI cloud-computing company’s plans to ramp up borrowing.
CoreWeave Inc.’s credit risk climbed to an all-time high Thursday as its high-yield bonds extended declines, rattled by the AI cloud-computing company’s plans to ramp up borrowing.