CRWV ▼ -4.1% - CoreWeave, Inc. $CRWV - HSBC WARNS COREWEAVE IS SPENDING BILLIONS TO DESTROY VALUE HSBC maintains its Reduce rating on CoreWeave, with a $39 price target implying 36% downside. The bank estimates CoreWeave's 2026–2030 return on invested capital at 8.9%, below its borrowing costs. With over $51 billion in debt and slowing AI revenue growth, HSBC warns further investment could destroy shareholder value. 20-OCT-2026 07:40 AM ET