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CoreWeave Bonds Rise After Strong Earnings Soothe Debt Anxiety

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Bonds CoreWeave Bonds Rise After Strong Earnings Soothe Debt Anxiety CoreWeave Inc. bonds edged higher on Thursday after the AI computing supplier’s stronger-than-expected results soothed concerns about its debt load. Its 9.75% notes due 2031 were up roughly about 0.3 cent on the dollar as of Thursday morning in New York, rising to 82.25 cents, compared with their closing price on Tuesday. CoreWeave posted results after the market close on Tuesday, and the bond market was closed on Wednesday.

Bonds CoreWeave Bonds Rise After Strong Earnings Soothe Debt Anxiety CoreWeave Inc. bonds edged higher on Thursday after the AI computing supplier’s stronger-than-expected results soothed concerns about its debt load. Its 9.75% notes due 2031 were up roughly about 0.3 cent on the dollar as of Thursday morning in New York, rising to 82.25 cents, compared with their closing price on Tuesday. CoreWeave posted results after the market close on Tuesday, and the bond market was closed on Wednesday.
CoreWeave Bonds Rise After (ORG) Debt Anxiety CoreWeave Inc. (ORG) AI (ORG) New York (LOCATION) CoreWeave (ORG)
Originally published by Bloomberg Markets Read original →