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CoreWeave Bonds Hit New Lows as Texas Data Centers in Crosshairs

AI · Industry · 2026-11-04 21:04

CoreWeave's high-yield bonds have fallen to record lows after Democratic candidates who oppose rapid data center expansion won gubernatorial races in Texas and other states. This political shift threatens the company's growth strategy, as its business relies heavily on building new data centers in these regions.

Source: news.bloomberglaw.com


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