Neocloud stocks collapse after Jensen Huang resigns: Nebius -21%, CoreWeave -14%
basedjensen · x · 2026-11-12
US neocloud stocks collapsed following Jensen Huang's resignation as Nvidia CEO: Nebius -21%, CoreWeave -14%, Roundhill Neocloud ETF -13%, IREN -9%, Cipher Digital -9%, Applied Digital -8%, TeraWulf -7%, and Core Scientific -5%. Nasdaq 100 futures extended losses to -1.5% on the day, reflecting shaken confidence across the AI compute supply chain.
More from Venture
- Indie dev uses his own BizPeel MCP to research marketing for BizPeel itself, surfacing 4 copyable growth plays — yihui_indie · 2026-11-12
- Norwest Raises $4B Fund, Its Largest Ever, to Push Deeper Into AI — TechCrunch AI · 2026-11-12
- Joke thread imagines SpaceX acquiring Nvidia in the ultimate mega-merger — IgorCarron · 2026-11-12
- In the AI era ideas ship in an evening — moats are user interviews, not code — Al_Grigor · 2026-11-12
- CodeRabbit hits $100M ARR, up 10x in a year, reviewing 3M+ PRs weekly — IndraVahan · 2026-11-12
- Traders pile into NVDA longs after Jensen Huang's resignation: OI jumps from $5M to $14M — tomwanhh · 2026-11-12