📈 Stock Market 13h ago · David Moadel

Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10%

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The post Cloudflare Soars 20%, IREN Surges 15% as Earnings Beats Spark AI Cloud Rebound; CoreWeave Jumps 10% appeared first on 24/7 Wall St..
A pair of earnings beats is pulling battered AI cloud stocks into a relief rally. Cloudflare (NYSE:NET) stock is at $293.43 in morning trading, up 20%. Through the prior session’s close, the security and developer platform was down 17% over the past month.
Sharing the spotlight is IREN (NASDAQ:IREN), a graphics processing unit (GPU) cloud provider. I

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