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There's a lot of factors that are creating this perfect storm for why the market was so reactive.
Investors are already showing a lot of fatigue around
these data center deals and the amount of capital that they require.
And, you know, we're seeing a lot of that investor FOMO be replaced with skepticism.
It's possible that by next week this will have blown over.
It'll be fine.
Corey will be stable and some other, you know, company will be raising.
Questions or nobody will be.
I think what's clear in any of these sorts of boom periods
is that there's no situation in which all these companies make it.
I'm Sarah Holder, and this is The Big Take from Bloomberg News.
Today on the show, I sit down with Bloomberg's Catherine Schwartz, who covers credit, and Dina Bass,
who covers AI infrastructure, to talk about the CoreWeave sell-off, what it means for neoclouds,
and the future of the AI build-out.
So the big story in AI right now is what's going on with a company called CoreWeave.
It saw its stocks plummet as much as 17 percent last Wednesday.
By the end of the week, it was down a total of 23 and a half percent
since the beginning of last week.
Catherine.