Herb Greenberg

And it's really, really about what are we paying for 2028 at this point, as opposed to the next few quarters.

That was what, David, what our old friend Herb Greenberg wrote yesterday, was that Nortel and Lucent, the order books looked pretty good for months after the stocks began to crack.

Oh, man, that does take me

back.

Thank you

... is CoreWeave and its bonds and its stocks, that stock's at another 5% today, is it a canary in the AI coal mine? You have not heard from Herb Greenberg in a while, but you will, 'cause we are welcoming back our friend Herb Greenberg to Power Lunch next after this.

[upbeat music] All right, we are still watching CoreWeave.

CoreWeave stock actually is up.

...

Cor- thank you.

CoreWeave may be the biggest story on Wall Street right now, and somebody who's been following the company and the AI debt story for a long time is Herb Greenberg.

Last year, Herb Greenberg wrote this on his Substack.