CoreWeave shares rise 6% as Copenhagen data center opens, debt concerns persist

CoreWeave's stock jumped over 6% on Tuesday after the AI infrastructure company announced most of its planned data-center capacity in Copenhagen became operational. However, serious financial concerns remain, as quarterly net interest expense surged to $640 million from $267 million a year earlier. Bonds with a face value of $2.75 billion promise 9.75% annual interest until 2031, but market prices have fallen, pushing potential annual yield as high as 15.76%, reflecting investor worries about repayment risk.