'Yikes': CoreWeave stock tanks on bond yield woes, CEO blames market 'irrationally'

CoreWeave's stock plummeted as bond yields approached 15%, raising concerns about AI spending. CEO Mike Intrator labeled the market reaction 'irrational' in a company memo.

Sources

• Yahoo Finance — 'Yikes': CoreWeave stock tanks on bond yield woes, CEO blames market 'irrationally'

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