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CoreWeave Stock Slips as AI Debt Concerns Persist
With Friday’s drop, CoreWeave shares have lost more than half their value over the past year.
Credit: Thomas Fuller / SOPA Images / LightRocket via Getty Images
Key Takeaways
CoreWeave shares fell Friday, extending their recent slide amid worries about AI debt.
Heavy data-center spending has raised concerns about returns on investment.
CoreWeave’s stock is resuming its recent slide.
Shares of CoreWeave (CRWV) were down nearly 10% in early trading, erasing yesterday’s rebound, as tech stocks lost ground broadly. It was one of the worst-performing stocks in the Nasdaq.
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