Chamath Palihapitiya

Sri Lankan-born Canadian-American businessman and CEO of Social Capital

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Photo: Christopher Michel, CC BY-SA 4.0 (Wikimedia Commons, cropped)

2h ago
CoreWeave bond yields top 15% as AI stock and debt selloff deepens
CoreWeave's stock fell more than 15% and its bond yields passed 15% on Wednesday, 14 October, as a hotter-than-expected US inflation reading pushed Treasury yields higher. CEO Michael Intrator blamed the slump on a market acting irrationally.