The overnight sell-off in US and Asian technology stocks is less about investors suddenly losing faith in AI demand and more about the cost of financing the AI boom. The trigger was a combination of a hotter-than-expected US inflation report and a sharp deterioration in sentiment towards CoreWeave’s (NASDAQ:CRWV) debt-heavy business model. That matters because … Continue reading Tech sell-off: Why CoreWeave has become the AI canary in the coalmine