Quick Read – Nebius, CoreWeave, and Oracle shares rose sharply as a risk-on mood in the NASDAQ 100 lifted beaten-down AI-cloud names. – Oracle’s gain followed news that it is adding Google’s Gemini models to Oracle Cloud Infrastructure, while CoreWeave rallied on a newly…
nounced collaboration with Leidos to deliver secure, sovereign AI cloud services for U.S. national-security missions. – Nebius stock made the biggest move despite having no immediately obvious catalyst of its own, suggesting its surge was largely a technical bounce off the prior selloff, helped by Microsoft’s blowout earnings lifting AI-stock sentiment. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oracle didn’t make the cut. Grab the names FREE today
Shares of Nebius Group (NASDAQ:NBIS) are up 27% to $188.77 in Thursday morning trading, leading a violent snap-back in AI cloud infrastructure names. CoreWeave (NASDAQ:CRWV) stock is up 24% to $75.45, while Oracle (NYSE:ORCL) shares are up 7% to $125.54. The rebound comes one day after the same group sold off sharply on rising credit-swap costs and AI capex financing fears.
Today’s tape is decisively risk-on, with the NASDAQ 100 up 3%, giving the hardest-hit AI infrastructure names room to bounce. The rally is narrow, though. The First Trust Cloud Computing ETF (NASDAQ:SKYY) is up just 0.43% to $139.16, essentially flat/unchanged, suggesting the move is concentrated in a handful of oversold AI infrastructure pure-plays rather than a broad cloud reset.