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News 2026-10-16 14:28 UTC

BUZZ — CoreWeave drops as debt load compounds AI buildout concerns

(Updates) * Shares of neocloud firm CoreWeave fall 7.3% to $64.6 * The stock is on track for its worst week since November 2025 * CRWV down 15.1% for the week, as of last close * Its $50 bln debt load and the broader cost of the AI buildout have raised investor concerns, causing the company's shares to fall * The slump