CoreWeave stock slides as AI data center selloff deepens

The AI infrastructure trade is having a rough stretch. Data center-related stocks have fallen an average of 53% from their six-month highs, and CoreWeave has become one of the clearest symbols of the pain. The specialized AI cloud provider saw its shares drop roughly 15.5% on October 14, 2026, closing at $65.78. That left the stock just a few dollars above its 52-week low of $60.55. What triggered the drop The company carried approximately $52 billion in debt and lease obligations as of June 2026. That borrowing paid for an aggressive data center buildout designed to keep up with demand for GPU compute. CoreWeave’s net interest expense for Q2 2026 came in at about $640 million. CoreWeave has reported revenue above $2.58 billion in certain quarters. Even so, its net losses have widened, which means the top line is growing while the bottom line moves in the wrong direction. A widely shared graphic showing yields on CoreWeave’s bonds climbing to around 15% made the rounds and amplified investor anxiety. Yields on some of the company’s issues exceeded that level. Disappointing US inflation data landed in the same window, stoking fears that interest rates could stay elevated for longer ...