Applied Digital raised $1.59 billion in junk bonds at 7% for a CoreWeave data centre, down from 10% in November. The AI debt market is repricing risk fast.

CoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave's stock price has more than doubled. …

CoreWeave shares are sliding Tuesday as the prospect of additional debt issuance raises questions about the company's capital needs.