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Regulation

Treasury Secretary Bessent says AI neocloud debt is not a problem

Image: Crypto Briefing

Bessent called neocloud providers a small slice of the AI economy even as CoreWeave shares slid nearly 40% in October Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero.

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