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22.10.26 - 19:12
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The Neocloud Bloodbath: NBIS, IREN, and CRWV Selloff Continues (24/7 Wall St.)
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CoreWeave (NASDAQ:CRWV) sold bonds due in 2032 at a 9.625% yield. Last week a widely shared chart showed those bonds yielding about 15%, and Reuters reported that the company's credit default swaps topped 1,000 bps this morning. Think of a homeowner whose mortgage rate jumps. The house is still worth living in, but the monthly […]...
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22.10.26 - 00:24
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Nextdc Investor UniSuper Says ′Not That Keen′ on Data Centers (Bloomberg)
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One of Australia's top pension funds is steering clear of direct investments in data centers, arguing the biggest winners from the artificial intelligence boom will ultimately be the companies that harness the technology rather than those building the infrastructure behind it....
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