CoreWeave Insider Selling Hypocrisy Surfaces

Deutsche Bank plans to launch crypto custody services within weeks and expand to Asia by 2027. Separately, Japan's three largest banks completed their first cross-border stablecoin payment test backed by the FSA.

Accenture has slashed per-employee Claude spending from ~$1,000/month to $29/month. Separately, Deutsche Bank warns CoreWeave faces a $35B funding gap between capex needs and cash flow.

Zerohedge flags a growing list of junk bonds that could face CoreWeave-style distress, with Deutsche Bank admitting equity analysts may be missing something on the credit side.

CoreWeave shares dropped 15%+ amid bond selloffs and debt concerns, but Deutsche Bank holds a Buy with 128% upside while Mizuho cuts its target. Saxo warns AI infrastructure stocks are splitting into winners and losers.

CoreWeave ($CRWV) fell ~17% after its unsecured bonds fell below 80 cents on the dollar — the distress threshold — following Gartner's prediction that 80% of AI neoclouds will evaporate by 2030. The selloff is spreading to other AI infrastructure names.

CoreWeave's bonds have entered distressed territory with markets pricing in >50% default probability within 5 years, as Gartner predicts 80%+ of neocloud providers will cease independent operations by 2030. CEO pushes back hard.

CoreWeave stock is collapsing as equity markets finally react to what credit markets have signaled for weeks. The CEO emailed staff expressing confidence, but analysts and traders are bearish, with some calling for another Nvidia bailout or complete failure.

CoreWeave ($CRWV) bonds surged to 15.1% yield in a single day, CCC CLO appearances flagged, and credit downgrade incoming — raising existential bankruptcy concerns.