CoreWeave is trading lower this morning, reflecting a broader cooling in sentiment toward AI infrastructure stocks following reports that OpenAI's annualized revenue dropped to $50 billion from a previous $68 billion. This sector-wide pressure appears to be outweighing recent positive analyst commentary, which had highlighted the company's record $2.6 billion quarterly revenue and a massive $104 billion backlog as reasons for potential long-term upside. While the stock remains under pressure, it continues to face scrutiny regarding its reliance on debt and equity financing to fund its rapid expansion against established cloud giants like Amazon.