CoreWeave five-year CDS above 1,100bp as credit still rejects funding model despite equity relief

CoreWeave traded at $67, up 1.8%, while Oracle traded at $134, up 2.4%, versus the QQQ down 0.6%. Reuters reported CoreWeave's five-year CDS above 1,100 basis points, with the equity relief not reaching the credit market.

Detected & updated continuously · Source: Nebula