CoreWeave shares are down 36% in October, and the spreads in its credit default swaps are widening.
CoreWeave’s market confidence erodes as bond yields spike and stock sinks
Source: CNBC
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- · The GuardianIs this the beginning of the end of the AI stock market boom?
- · CNBCJim Cramer's top 10 things to watch in the stock market Tuesday
- · CNBCOur top 10 things to watch in the stock market Wednesday
- · CNBCOur top 10 things to watch in the stock market Thursday
- · CNBCOur top 10 things to watch in the stock market Friday
Related stories
The Guardian
‘Nobody else is going to save us’: the direct action group taking on the UK’s banks, bailiffs and water firms
Acorn, a community union, is helping people fight unfair bills, AI decision-making and housing injustices as cost-of-living crisis deepens Yasmin didn’t expect to find herself sitting across a negotiating table from executives at one of Britain’s biggest water companies. But her growing frustration with her water bills had led her to launch a national campaign. The 34-year-old single mother from Manchester had endured unexplained charges and a nine-month wait for a water meter. She went to the community union Acorn to propose a campaign that would in time force four major water companies into negotiations. United Utilities eventually apologised for its handling of her case and credited £250 to her account. Continue reading...
The Guardian2 outlets
Troubled Scottish steel supplier raises questions over Royal Navy contracts
Liberty Steel Dalzell plant in Motherwell with order for 34,000 tonnes of metal plate to build three warships has struggled to pay bills The Royal Navy is facing questions over whether three new warships will be built with British steel as its Scottish supplier faces deepening financial difficulties. Liberty Steel Dalzell, a plate mill in Motherwell, has struggled to pay its bills and workers in recent weeks, according to several people with knowledge of operations. Continue reading...
The Guardian
Ten years, thousands of staff and a billion dollars: the exclusive inside story of Grand Theft Auto VI
The latest instalment of the epic crime saga is finally here. We visit Rockstar Games for a hands-on encounter with the cultural event of the decade – and can confirm it more than lives up to the hype It still comes as a surprise for many to learn that Grand Theft Auto, the brazenly American crime series that has been one of the world’s most popular and most controversial video games for the past 20 years, is mainly made in Scotland. But if you grow up in Edinburgh, developer Rockstar North is part of the background mythology of the place. Plenty of people passed through this studio at some point or another in the 2000s, as game testers or employees. As a student in Edinburgh at that time, I would hear rumours of wild parties at the executives’ houses, as decadent as those in the game. At a bar or a birthday or a housewarming, you might meet a guy who claimed to have come up with one of
The Guardian
Digital finance products used to abuse almost 20% of young women and girls, UK report finds
Survey respondents describe current or former partners controlling bank accounts and taking out credit online without full consent Almost one in five young women and girls in the UK have experienced digital financial products being used as a tool of abuse by a current or former partner , a report has found. Abusers are exploiting banking apps, online payments and digital credit to control young women, causing financial harm and preventing them from leaving relationships, according to research from the charity Surviving Economic Abuse. In the UK, call the national domestic abuse helpline on 0808 2000 247, or visit Women’s Aid . In the US, the domestic violence hotline is 1-800-799-SAFE (7233). In Australia, the national family violence counselling service is on 1800 737 732. Other international helplines may be found via www.befrienders.org Continue reading...
The Guardian2 outlets
Pasta, pies and paperwork errors: the reality of Brexit food checks
Delayed deliveries and inspection hold-ups among issues facing hauliers navigating post-Brexit border processes Three small boxes of spinach and ricotta cannelloni destined for a supermarket in Gibraltar languish on an EU inspector’s bench at the Eurotunnel terminal in Calais. They have been removed from a truck laden with perishables for British food lovers on the Rock – Morrisons steak and ale pie, family-size blocks of Morrisons cheddar cheese, ‘M’ Best coleslaw from Avondale foods in Craigavon in Northern Ireland and long-life milk. Continue reading...
CNBC
Megaspeed says Alice Huang left in 2025 as it launches internal probe into reports about its business
The Singapore-based cloud computing company has faced heightened scrutiny since reports linked Nvidia's Jensen Huang to former Megaspeed executive Alice Huang.