CoreWeave and Nebius stocks fell sharply by 9% as investor sentiment turned to near 'Extreme Fear' due to rising credit risks in the neocloud sector. CoreWeave's unsecured bond yields surged to 15%, signaling financial strain, while its founders sold $3.3 billion in stock, undermining confidence. Despite a large backlog of customer demand, CoreWeave faces high interest expenses that threaten profitability if borrowing costs remain elevated. Nebius, which funded growth through convertible notes and stock sales, is also pressured by funding concerns. Market dip buying by big investors has not alleviated credit worries, and CoreWeave's bond yields remain the key indicator for future stock performance.
Following the sharp 9% drop in CoreWeave and Nebius shares amid rising credit concerns, CoreWeave trades on Pluang at USD 62.24, down 10.69% as of Oct 16, 2026 23:01 WIB, near its 52-week low of USD 60.82. Nebius is priced at USD 170.15, down 9.69%, also approaching its 52-week low of USD 73.87. Despite the sell-off, Pluang order activity remains strongly skewed to buying, with 86% buy orders for CoreWeave and 91% for Nebius, indicating continued investor interest in these technology stocks.
OpenAI's valuation fell more than 4% in the past 24 hours, briefly dipping below $1.5 trillion, driven by a sell-off in CoreWeave, a key GPU provider linked to OpenAI. Meanwhile, Anthropic's valuation rose 2.4% to just over $2 trillion, supported by ...
ARK Invest, led by Cathie Wood, purchased over 380,000 shares of AI cloud provider CoreWeave across two days, even as the company's bonds and credit default swaps signaled high default risk. CoreWeave's debt load of about $52 billion and rising inter...
CoreWeave's stock dropped 6% following reports of its unsecured bonds trading at distressed levels, signaling financial strain. The company reported a high debt-to-equity ratio of 8.94 and rising interest expenses, with negative free cash flow despit...
CoreWeave's stock has dropped about 40% in six months amid rising debt concerns, but Cantor Fitzgerald and other analysts see this as a buying opportunity. Nvidia, a major investor, has committed to backstop unsold capacity and its CEO expressed conf...
Wednesday's market selloff hit AI stocks unevenly, with companies relying heavily on debt, such as CoreWeave and Nebius, experiencing the steepest declines. Oracle, despite carrying more debt than its peers and having a credit rating just above junk,...
