✉news BusinessMarkets first seen 1 d ago, last 21 h ago, peak #5
CoreWeave stock tumbles as CEO calls market 'irrational'
Original: 'Yikes': CoreWeave stock tanks on bond yield woes, CEO blames market acting 'irrationally'
CoreWeave shares fell sharply as rising bond yields weighed on the AI cloud computing firm's stock. CEO Michael Intrator pushed back on the selloff, arguing investors are acting irrationally rather than responding to fundamentals. The decline adds CoreWeave to a list of high-growth tech names pressured by shifting rate expectations and tightening financial conditions.
Why now: Rising bond yields are hitting high-growth tech stocks, and the CEO's unusual public criticism of the market is drawing attention.
Rank over time, top of the chart is #1. 3 snapshots from 23 h ago to 21 h ago.
Evidence
- 'Yikes': CoreWeave stock tanks on bond yield woes, CEO blames market acting 'irrationally' · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/2275311