CoreWeave, Nebius, and IREN Rebound After Q3 Earnings Slump
Shares of AI data center providers CoreWeave (CRWV), Nebius (NBIS), and IREN Limited (IREN) are showing signs of recovery following a post-earnings decline. Nebius, in particular, is being touted by analysts as the strongest buy among the trio.
CoreWeave edged up 1.20% to $75.80, while Nebius gained over 1% to $91.72, building on a 5% rise from the prior session. IREN advanced more than 2% to $49.68, extending its rebound. Wall Street remains divided on CoreWeave, with some analysts bullish on its long-term contracts.