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CoreWeave to report quarterly results amid credit market tightening and shifting political landscape

CNBC · ·by G4L

CRWV
CRWV CoreWeave Inc
$46.40 +6.28%
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  1. 1CoreWeave will announce its quarterly results on Tuesday.
  2. 2CoreWeave's five-year credit default swap spread has surged 50% over the past month.
  3. 3CoreWeave held $5.5 billion in cash and $35 billion in debt as of the end of June.

So what's the key point?

CoreWeave is announcing its quarterly results this Tuesday. A metric indicating the risk of the company being unable to repay its borrowed money has risen by 50 percent.

Source CNBC · View original ↗

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