COREWEAVE STOCK SINKS AS BOND YIELDS SPIKE

CoreWeave's stock fell 15.46% to $65.78 on Wednesday, but the sharper alarm came from credit markets. The company's bonds traded at yields near 15%, a level that prices in real default risk for AI infrastructure debt. The drop accelerated after Gartner warned that 80% of so-called neocloud providers could vanish by 2030. Equity investors reacted to the headline; bond investors are the ones repricing the risk behind $CRWV's AI buildout.