$CRWV: Equity Bounces While Credit Still Rejects the Funding Model
$CRWV traded at $67, up 1.8%, and $ORCL traded at $134, up 2.4%, versus $QQQ down 0.6% at 12:17pm CT. The equity relief has not reached the credit market.
Reuters reported CoreWeave five-year CDS above 1,100bp