Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue
Neocloud stocks like IREN, HUT and GLXY rally on Wednesday after blockbuster earnings reports from CoreWeave and Nebius.
Some computer-cloud companies reported really strong sales growth, which made investors excited about similar companies in that space. When one company in a group does great, people often get hopeful about others doing well too—but each company is still its own story.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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