Neocloud Stocks Slashed Again: CRWV -10%, NBIS -9%, IREN -8% in One Day
JOBhakdi · x · 2026-10-16
After "terror-July," neocloud (AI cloud compute) stocks took another collective hit: CRWV fell 10%, NBIS 9%, while IREN, CIFR and WYFI each dropped around 8%, with HUT down 7%.
The author argues neoclouds were hit hardest in this seasonal selloff, expects a massive recovery rally into year-end, but warns investors to beware of the next 14 days.
Related event: Neocloud Stocks Plunge as Gartner Report Sparks Selloff(2 posts)→
More from Venture
- Haight Street Compute Market: a one-day trading floor for compute deals in SF — Scobleizer · 2026-10-17
- Anthropic's Expected IPO Valuation Reportedly Dropped from $2T to $1.5T — shaunralston · 2026-10-17
- Pro-AI super PAC Leading the Future reports zero new donations as safety PACs gain ground — ShakeelHashim · 2026-10-17
- vLLM grew from a two-week side project to 500K GPUs; team raised $150M — a16z · 2026-10-16
- Bessemer survey of 226 healthcare execs: back-office AI returns 3-4x, clinical AI lags — AllThingsApx · 2026-10-16
- Analyst warns of possible AI stock tantrum in next 14 days, stays bullish year-end — JOBhakdi · 2026-10-16