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CoreWeave shares drop more than one-third in October amid AI data center debt concerns

BeInCrypto · ·by G4L

CRWV
CRWV CoreWeave Inc
$46.40 +6.28%
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  1. 1CoreWeave shares fell by more than one-third in October.
  2. 2CoreWeave recorded approximately $2.5 billion in Q2 revenue, achieving a 112% year-over-year revenue growth rate.
  3. 3Investors are wary of CoreWeave's $52 billion debt level.

So what's the key point?

CoreWeave shares fell by more than one-third in October. Investors are concerned about the company's $52 billion debt.

Source BeInCrypto · View original ↗

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