COREWEAVE INVESTOR EXPLAINS HOW THE LOSS - MAKING AI NEOCLOUD PROVIDER WILL CLAW ITS WAY OUT OF DEBT

What happened: CoreWeave shares fell 15.46% Wednesday and 5.62% after hours after Chamath Palihapitiya posted a chart showing its bond yield near 15%. Co-founder Brannin McBee told the FT he wants to borrow more, from insurers. Key numbers: Shares fell 15.46%, then 5.62% post-market. Bond yield near 15%. Why it matters: Investor Evan Schlossman says noncancellable take-or-pay RPOs from Microsoft and OpenAI backstop the debt. Accountant Francine McKenna disputes that Microsoft will honor the contracts if compute demand softens.

CoreWeave shares fell 15.46% Wednesday and 5.62% after hours after Chamath Palihapitiya posted a chart showing its bond yield near 15%. Co-founder Brannin McBee told the FT he wants to borrow more, from insurers.

Investor Evan Schlossman says noncancellable take-or-pay RPOs from Microsoft and OpenAI backstop the debt. Accountant Francine McKenna disputes that Microsoft will honor the contracts if compute demand softens.