Neocloud stocks fall 12% in a day after CoreWeave's bond selloff
SumitGup · x · 2026-10-15
Chamath shared a Social Capital chart showing Neocloud stocks (Nebius, Applied Digital, CoreWeave, TeraWulf, IREN, Cipher) dropped 12% on average the day after CoreWeave's bond selloff, with Cipher down 38% from the Sep 14 baseline. Meanwhile Meta, Microsoft, Amazon and Alphabet stayed flat — a stark repricing of leveraged AI compute lessors vs. hyperscalers (Yahoo Finance daily closes, through Oct 14, 2026). Elon Musk replied: "Yikes."
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