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Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record

Jensen Huang told Bloomberg in Stockholm that CoreWeave’s cost of capital is decreasing and that Nvidia does not need to backstop the company. On the same day CoreWeave’s five-year credit default swaps hit a record 1,194.5 basis points, pricing a more than 60% chance of default within five years.

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Sony revives the Walkman with a $5,899 gold-plated flagship

Sony has revived the Walkman with three digital music players priced from $1,899 to $5,899, the flagship built around a gold-plated oxygen-free copper chassis. No European price or release date has been given, and the EU’s rule on user-replaceable batteries applies from 18 February 2027.

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