A look inside the $52 billion hole that CoreWeave needs to climb out… | HappeningNow.news

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A look inside the $52 billion hole that CoreWeave needs to climb out of

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➡️ If you would like to receive this information in your inbox every morning before the markets open in New York , sign up here . CoreWeave—and the vast amount of debt it has taken on to fund its business—dragged down the entire stock market this week. According to its Q2 earnings release, it had operating lease liabilities of $16.3 billion and total debt of $35.6 billion.

Read original at Fortune

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Part of Coreweave coverage 34 tracked stories

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