CoreWeave slides on AI-debt worries
What happenedCoreWeave fell about 12% on Friday, its second big drop in three days, as investors focused on the AI cloud provider’s roughly $50 billion of debt.
What it could meanCompanies that borrow to build AI data centres now trade like rate-sensitive stocks. With 10-year yields above 5%, financing costs matter as much as demand. Expect volatility until earnings show cash flow catching up with spending.
David Tepper’s Appaloosa opened a new position in Q2 2026, before this sell-off.

