
#JensenBacksCoreWeave
About JensenBacksCoreWeave
CoreWeave rose ~5.9% Oct 15 after falling 15.46% Oct 14. Nvidia CEO Jensen Huang said its finances are improving and capital costs falling, with no extra Nvidia guarantees needed. Deutsche Bank kept its buy rating, citing long-term contracts and backlog. Yet its 2032 bond yield exceeds 15%; 5Y CDS spreads hit ~1,195bp. Its $100B-plus backlog needs compute delivery to become revenue and cash flow. Can orders fund expansion, and could credit risk spread to other AI cloud providers?
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