US Stock Movement | Credit risk concerns persist, AI cloud service provider CoreWeave (CRWV.US) continues to decline, dropping over 6%

According to Zhitong Finance APP, on Friday, AI cloud service providers continued to decline, with CoreWeave (CRWV.US) and IREN (IREN.US) dropping more than 6%, and Nebius (NBIS.US) falling over 5%. The three co-founders of CoreWeave cashed out more than $3.3 billion before the company's stock price collapsed. Currently, the company's bonds have entered distressed territory, and the credit default swap spread has soared to a record high, sharply intensifying market concerns over its debt repayment ability.