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CoreWeave default risk rises and NeoCloud stock prices fall

Yahoo Finance · ·by G4L

CRWV
CRWV CoreWeave Inc
$48.73 -0.51%
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  1. 1An 8-stock NeoCloud basket on Yahoo Finance has recorded losses of over 40% since late July.
  2. 2The increase in CoreWeave credit default swap insurance costs has more than doubled compared to early June.
  3. 3CoreWeave's probability of default within 5 years is calculated to be at a level exceeding 50%.

So what's the key point?

NeoCloud company stock prices have fallen significantly. CoreWeave has become risky, with its probability of going bankrupt within 5 years exceeding 50%.

Source Yahoo Finance · View original ↗

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