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CoreWeave Credit Risk Hits Record as Default Odds Top 60% on Borrowing Plans
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
CoreWeave Inc.’s credit risk climbed to an all-time high Thursday as its high-yield bonds extended declines, rattled by the AI cloud-computing company’s plans to ramp up borrowing.
Source description shown. AI brief pending.
Credit