CoreWeave shares fall 16% as its bond yields near 15% on AI debt worries

CoreWeave shares fell 16% on Wednesday as yields on its 2031 and 2032 bonds rose to about 14.8% to 14.9%, according to CNBC. Investors are demanding more compensation for AI risk, with Oracle and Nebius also declining as concern about heavy AI borrowing spread. JPMorgan estimates hyperscalers will spend $800 billion this year, exceeding $1 trillion annually by 2027.