Cloudflare Jumps 11%, Nebius Surges 9% as AI Cloud Stocks Defy NVIDIA’s Slide; CoreWeave Rallies 6% on Wayve Deal
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The post Cloudflare Jumps 11%, Nebius Surges 9% as AI Cloud Stocks Defy NVIDIA’s Slide; CoreWeave Rallies 6% on Wayve Deal appeared first on 24/7 Wall St..
AI cloud stocks are climbing while the chipmaker that supplies much of their hardware moves the other way. Cloudflare (NYSE:NET) stock is at $297.22, up 11% in afternoon trading, as buyers keep piling in after its third-quarter earnings beat. Nebius Group (NASDAQ:NBIS) stock is at $140.70, up 9%, as the AI cloud provider heads into its
AI cloud stocks are climbing while the chipmaker that supplies much of their hardware moves the other way. Cloudflare (NYSE:NET) stock is at $297.22, up 11% in afternoon trading, as buyers keep piling in after its third-quarter earnings beat. Nebius Group (NASDAQ:NBIS) stock is at $140.70, up 9%, as the AI cloud provider heads into its
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