CoreWeave stock pops 13% after outlook raise eases AI slowdown concerns
Neoclouds such as CoreWeave, Nebius and IREN have come under scrutiny this month as investors assessed the sustainability of the AI trade.
Neoclouds such as CoreWeave, Nebius and IREN have come under scrutiny this month as investors assessed the sustainability of the AI trade.
Following a dramatic plunge in its stock price, IREN said some revenue is being delayed from 2026 until early next year.
Neoclouds CoreWeave, Nebius and Iren fell on Monday after Musk said debt markets had shut out AI cloud firms. Nvidia says demand is strong.
Iren Energy has big plans to turn itself into an artificial intelligence processing giant. First, it will have to get the people of Kiowa, Oklahoma, on board.
The comments come as the corporate regulator confirmed it was “undertaking inquiries” into the failed $44 billion float of Firmus earlier this month.