CoreWeave CDS Default Risk: Is AI Debt Unraveling?
Financial markets are confronting an unprecedented stress test as surging CoreWeave CDS default risk sends shockwaves through artificial intelligence infrastructure financing. Credit default swap spreads on the specialized GPU cloud provider broke past 1,140 basis points, forcing fixed-income desks to reprice high-yield obligations across the entire neocloud ecosystem. The dramatic spike exposes how aggressive, debt-financed cluster expansions are colliding head-on with near-term cash flow constraints. ...