The Zhitong Finance App learned that a key area of overnight artificial intelligence trading of US stocks was hit hard, and traders are betting that the situation may worsen further. The stock price of the so-called “new cloud” company — a company that provides GPU computing power to drive artificial intelligence in the form of a service — fell sharply because the yield on Nvidia-supported CoreWeave (CRWV.US) bonds continued to reach new highs. Britain's “Financial Times” reports that CoreWeave is targeting insurance companies for further debt financing, which clearly has not allayed market concerns.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that a key area of overnight artificial intelligence trading of US stocks was hit hard, and traders are betting that the situation may worsen further. The stock price of the so-called “new cloud” company — a company that provides GPU computing power to drive artificial intelligence in the form of a service — fell sharply because the yield on Nvidia-supported CoreWeave (CRWV.US) bonds continued to reach new highs. Britain's “Financial Times” reports that CoreWeave is targeting insurance companies for further debt financing, which clearly has not allayed market concerns.
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