CoreWeave's 15% Bond Yield Is a Warning for AI Debt. Here Are the Stocks Most Exposed.

CoreWeave, a rapidly growing AI infrastructure provider, is raising red flags with its 15% bond yields and high leverage (debt-to-equity ratio of 14.3), despite strong revenue growth. The company spends a quarter of its revenue on interest payments and faces potential refinancing challenges if rates continue rising. While competitors like Nebius and IREN have lower leverage, CoreWeave's financial stress could impact the broader neocloud sector's ability to secure affordable financing.