CoreWeave's Very Bad Week Isn't Over Yet -- WSJ
Dow Jones2026/10/16 13:51By Chelsey Dulaney
CoreWeave's shares are sliding again.
-- The stock is down nearly 8%.
-- It is on track to fall over 21% this week, which would mark its worst performance since Nov. 2025.
Investors have dumped the crypto-miner-turned AI cloud-computing provider's stock (and bonds) this week as they question how it will cope with higher borrowing costs. CoreWeave has borrowed heavily to fund its business of leasing out AI chips to hyperscalers. Upbeat comments from Nvidia's Jensen Huang helped the stock rebound yesterday, but the boost proved short lived.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 16, 2026 09:51 ET (13:51 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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