CoreWeave had to ask its largest lender, Blackstone to amend the terms of the loan and “waive” these defaults in December 2024, the report added, citing exhibits to its IPO document.

Shares of Nvidia-backed cloud computing company CoreWeave soared 19% Wednesday after the company announced an upsized $2 ...

Today's move higher appears to be spurred on by two factors. One, a Wall Street analyst more than doubled his price target on the stock. Second, CoreWeave is tapping the debt markets again to fund its ...

CoreWeave (NASDAQ:CRWV) signed an agreement with several creditors to increase its revolving credit facility to $1.5B from ...

Following its lukewarm initial public offering in late March, CoreWeave Inc. is reportedly seeking to raise $1.5 billion in ...

Shares of artificial intelligence infrastructure company CoreWeave (NASDAQ: CRWV) were trading roughly 7% higher, as of 11:05 a.m. ET today. The stock rose along with the broader market ...

Meanwhile, it has what Zitron calls a "fatal amount of debt" via loans from companies like Blackstone and Magnetar. The interest alone on CoreWeave's top two loans could be as much as $1.5 billion ...

CoreWeave’s rocky market debut can be attributed to Wall Street’s lack of understanding of the business, CEO Michael Intrator said Friday. “We are bringing a new business model to the market ...