Data center and AI-related stocks like CoreWeave plunged sharply as rising credit risks and heavy spending fears spark a sell-off in speculative tech trades. Investors are pushing back against big capital expenses.
CoreWeave (CRWV) beats Q4 revenue at $1.57B but misses adjusted EBITDA ($898M vs $936M est) and reports $8.2B capex. Shares fall 11% after-hours as debt climbs to $30B.
Blue Owl Capital couldn't get loans for a major $4B data center project leased to AI firm CoreWeave due to lender worries over high-risk AI debt. The project moves ahead fully funded, highlighting challenges in the booming AI infrastructure race.
Nvidia's latest 13F filing reveals it sold positions in Applied Digital, WeRide, and Recursion Pharmaceuticals in Q4 2025, causing after-hours dips.
While Amazon, Google, Meta, and Microsoft pour record billions into AI infrastructure, Apple takes a different approach—and Big Tech cloud backlogs reach unprecedented levels.
Deutsche Bank upgrades CoreWeave to Buy, sets a $140 price target, and highlights strong growth potential through 2026.
