The Zhitong Finance App learned that CoreWeave (CRWV.US) is becoming the epitome of long and short differences in AI transactions. Before the Friday market, the stock fell more than 5%, leading the decline in the new cloud vendor sector. IREN (IREN.US) and Nebius (NBIS.US) fell 0.2% and 0.8%, respectively. Earlier on Wednesday, CRWV had plummeted 15.5%. Foreign media reported that the price of its unsecured bonds due in 2032 fell below 80 cents per dollar. This level is widely regarded as the threshold for financial pressure. Credit default swap prices once showed that the market is betting that the probability of default over the next five years is over 60%.

The Zhitong Finance App learned that CoreWeave (CRWV.US) is becoming the epitome of long and short differences in AI transactions. Before the Friday market, the stock fell more than 5%, leading the decline in the new cloud vendor sector. IREN (IREN.US) and Nebius (NBIS.US) fell 0.2% and 0.8%, respectively. Earlier on Wednesday, CRWV had plummeted 15.5%. Foreign media reported that the price of its unsecured bonds due in 2032 fell below 80 cents per dollar. This level is widely regarded as the threshold for financial pressure. Credit default swap prices once showed that the market is betting that the probability of default over the next five years is over 60%.