CoreWeave CEO Mike Intrator says the market is acting irrationally
Photo: Crypto Briefing
The AI cloud provider's chief points to a $104.2 billion backlog as shares slide and bond yields climb near 15% CoreWeave CEO Mike Intrator has a message for the market: you’re getting this wrong. The head of the AI infrastructure company says investors are behaving irrationally, and that he remains confident in CoreWeave’s prospects. His defense comes as both the company’s stock and its bonds are taking a beating. On October 14, 2026, CoreWeave shares (CRWV) fell approximately 15-16%. The stock closed somewhere around $65 to $66. The selloff was tied to two overlapping worries.
Source: Crypto Briefing
