The episode asks whether to buy the dip in tech after the Nasdaq rebounded from its worst week since summer, and touches on Anthropic's "Public Benefit" fund and Elon Musk's pledge of SpaceX stock to American children. CoreWeave lost about a quarter of its market value in 5 days as investors worried about more than $35 billion in borrowings and close to $50 billion in total obligations. Goldman Sachs upgraded the stock to buy, yet 5-year CDS trading near 1,100 basis points implies a cumulative 5-year default probability of about 60%. Panelist Mark Malek advises a selective approach, arguing CoreWeave's repricing is warranted while other AI stocks that fell with the sector may be buying opportunities. Kristen Kelly compares CoreWeave's long-term debt funded by short-term commitments to Silicon Valley Bank, as the hosts note the Fed is in a rate-hiking regime.
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▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
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