CoreWeave bonds near 15%, Goldman upgrades anyway, and is the MBA finished? | Market Hang
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摘要
CoreWeave lost a quarter of its market value in five days as the cost of insuring its bonds hit a record and yields on its 2032 notes neared 15%. On Monday morning Goldman Sachs upgraded it to buy, while cutting its price target to $106 from $139. The panel takes that contradiction apart, including what 9.2 times leverage does inside a Fed hiking cycle. Then Anthropic, which pledged 5% of its stock to a public benefit fund the night before, and why pulling shares out of the float changes who sets the IPO price. Plus whether the Fed moves in October, and a New York Times op-ed arguing business schools should be shut down.
Featuring
Jen Saarbach, Co-host, Market Hang, and Co-founder, The Wall Street Skinny
Kristen Kelly, Co-host, Market Hang, and Co-founder, The Wall Street Skinny
Julie Hyman, Host, Yahoo Finance
Mark Malek, Chief Investment Officer, Siebert Financial
Cory Johnson, Chief Market Strategist, Epistrophy Capital Research
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