Jim Cramer endorsed CoreWeave, while Chamath Palihapitiya highlighted soaring yields on CoreWeave's debt.

The entities involved

• CoreWeave →

  American cloud computing company

  • Inflation pressures and higher borrowing costs are causing market declines and stock drops for tech firms like CoreWeave, Dell, and Oracle.01:46
  • Rising Credit Default Swap (CDS) costs are now questioning the capital expenditure financing for CoreWeave, Nebius Group, and Oracle.00:30
• Jim Cramer →

  American stockbroker, television personality, author

  • Jim Cramer offered various stock recommendations and commentary on companies including JPMorgan Chase, Goldman Sachs, and Johnson & Johnson.01:51
  • Jim Cramer uses CNBC to discuss market trends and analyzes companies listed on the Nasdaq exchange.Wed 21:26
• Chamath Palihapitiya →

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

  • Chamath Palihapitiya highlighted the impact of rising yields on CoreWeave bonds.Wed 20:20
  • Chamath Palihapitiya and Jason Calacanis discussed political and economic shifts.Mon 03:57

Related events

• CoreWeave is leveraging GPU compute power for AI infrastructure, serving customers like Jane Street.Jun 18
• Nvidia has strategic investments in Nebius Group, which is competing in the data center market against Oracle, alongside the presence of CoreWeave and OpenAI.Jun 8
• CoreWeave is establishing strategic business ties with both Meta and OpenAI, serving as a leading AI cloud customer for both, while also securing equity investment from Nvidia.Jun 10