Goldman Sachs revises rating and target on beaten-down AI stock

CoreWeave is drowning in $50 billion of debt, with bond yields spiking above 15% as investors panic over the AI infrastructure bubble. Despite a massive $626 million net loss and a 43% stock crash, Goldman Sachs claims this "neocloud" is a Buy with 73% upside because its GPUs have resale value. Is it a visionary tech giant backed by a $104 billion backlog, or just a glorified crypto miner running a debt-fueled Ponzi scheme that will inevitably collapse? What’s your take?
This summary was generated by AI