CoreWeave’s stock rises as investors cheer unique financing deal

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found Tech StocksCoreWeave’s stock rises as investors cheer unique financing dealThis is the first time that a loan backed by compute hardware has achieved investment-grade statusPublished: March 31, 2026 at 11:25 a.m. ETShareResizeListen(3 min)CoreWeave has secured $28 billion in total financing over the past 12 months to fuel its aggressive AI cloud expansion. Photo: Michael M. Santiago/Getty ImagesShares of CoreWeave were rising 8% on Tuesday morning following the company’s announcement of a $8.5 billion delayed-draw term loan facility, marking a first-of-its-kind investment-grade debt deal.The deal is unique because it’s backed by compute hardware. Never before has a financing arrangement backed by data-center assets, like graphics processing units, been deemed investment-grade. This suggests that investors are developing increased confidence in CoreWeave CRWV. About the Author Christine JiChristine Ji is a reporter covering Big Tech.Show Conversation (0)Back To TopA Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.Terms of UsePrivacy NoticeCookie NoticeArchive MarketwatchCustomer CenterContact UsNewslettersNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsReprints & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's Business DailyFinancial News Londonrealtor.comMansion GlobalDow Jones Smart MoneyIntraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.