Is CoreWeave at the Mercy of the Bond Market?

CoreWeave, which rents GPU computing capacity to AI labs and hyperscalers, sits at the heart of a circular financing story that worries some investors. CoreWeave’s total debt sits at $35 billion as of June 30, up sharpl…

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Warsh Shift Points to an ‘Insurance’ Fed Hike

Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…

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Why is the Japanese yen rallying today?

The Japanese Yen (JPY) loses some strength early Friday after rallying in the American session on Thursday, possibly fuelled by a foreign exchange market intervention by Japanese authorities. Later in the session, preli…

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