CoreWeave Shares Extend Weekly Decline to 25%
CoreWeave stock is having another tough day, bringing its weekly decline to 25%. The cloud company relies primarily on debt to finance its data centers and Nvidia chips, the report says.
CoreWeave shares are under pressure again, extending their decline for the week to 25%. The company relies mainly on debt to fund its data centers and the Nvidia chips installed there. As of June, CoreWeave’s unsecured notes had a “B” rat…