CoreWeave stock keeps falling as fears of AI spending drag down markets. Here’s the latest on what’s happening
Shares of CoreWeave Inc. (Nasdaq: CRWV) have fallen more than 25% in the last week as concerns grow over the company’s debt and the success of the “neocloud” industry as a whole. On Thursday, the cloud-computing company’s stock fell up to 7% during premarket as investors continued to fret about potential overspending on AI. The decline followed a drop of 15.46% during the previous trading day. AI-adjacent companies across the globe are seeing similar losses, including semicond...
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