Key Highlights: Galaxy rebounded to an adjusted EBITDA of $455 million, driven primarily by a $419 million mark-to-market gross profit swing in its Treasury & Corporate portfolio. The Data Centers unit emerged as an infrastructure powerhouse, generating $79 million in adjusted gross profit as capital allocation to the segment climbed to 48% of total equity ...
Key Highlights: QCP Capital reports that recent Bitcoin price weakness is tied to mounting credit risks across debt-funded artificial intelligence (AI) infrastructure, rather than isolated crypto-native factors. Yields on CoreWeave bonds have surged to approximately 15 percent, signaling that debt investors require substantial risk premiums due to concerns over high financing costs and debt sustainability. ...
Key Highlights: Tech and AI-focused equities faced heavy selling, with CoreWeave dropping 12% on Friday and the Philadelphia Semiconductor Index marking eight straight sessions of declines. Macroeconomic headwinds compounded pressure as Brent crude surged to roughly $109 per barrel and elevated U.S. margin debt reached $1.4 trillion, raising leverage concerns. Prediction market Polymarket estimates just ...
Key Highlights: Higher-than-expected U.S. inflation data sparked a widespread market retreat, driving down the S&P 500 by 1.1% and the Nasdaq Composite by 1.9%. Artificial intelligence infrastructure and high-growth tech firms absorbed steep losses, with CoreWeave dropping 16%, Nebius sliding 11%, and Oracle declining 9%. Bitcoin mining companies reallocating energy infrastructure toward AI workloads now ...
Key Highlights CoreWeave shares have fallen approximately one-third since joining the Nasdaq 100 on June 22, 2026, despite the company reporting doubled second-quarter revenue and a $104 billion revenue backlog. Company insiders — including CEO Michael Intrator, co-founder Brannin McBee, and other C-suite executives — have sold more than $600 million in stock since the ...
CoreWeave reported a contracted backlog of $104 billion in the second quarter of 2026, up 246% from $30.1 billion a year earlier. The company added…