Market value evaporated by more than $10 billion over four trading days. CoreWeave (CRWV.US) debt risk triggers sell-off, but Deutsche Bank sees it as a buying opportunity.

Zhito Finance APP has learned that artificial intelligence (AI) cloud computing service provider CoreWeave (CRWV.US) suffered a double blow to its stocks and bonds this week, with more than $10 billion in market value wiped out in just four trading days, reflecting growing investor concerns over the deterioration of its credit condition and its highly leveraged expansion model. However, Deutsche Bank believes that the recent market selloff lacks sufficient support from company fundamentals, and the sharp stock price pullback has instead created a buying opportunity for investors.