CoreWeave CEO says political shifts will not affect existing commitments as shares slide
CoreWeave CEO Michael Intrator said in a LinkedIn post that he does not anticipate political shifts affecting existing customer commitments or the company's associated backlog. His comments came amid concerns about debt and potential opposition to data-center construction. CoreWeave shares fell 11% to $43.22 in early Thursday trading, following a 10% decline Wednesday, according to Barron’s.