Is Fed Chair Kevin Warsh About To Pop CoreWeave's Bubble?

CoreWeave's stock has plunged 24% over the past week amid concerns about rising bond yields (15%) and mounting debt service costs. With new Fed Chair Kevin Warsh committed to raising interest rates to combat inflation, CoreWeave faces significant pressure due to its heavy reliance on floating-rate debt and negative free cash flow of $10.5 billion. The company must refinance $10.6 billion in debt by end of 2027, presenting a critical test for its financial viability despite strong revenue growth and a $104 billion backlog.