Nebius (NBIS) signed a $1 billion deal this week. Its stock is down 14% today anyway, worse than the chipmakers.
Nebius signed a $1 billion, multi-year AI compute deal with Reflection AI, and its stock is still down about 14% today. The pressure has spread well past chips: CoreWeave, crypto miners like IREN and Cipher Mining, power stocks like Talen Energy and Vistra, and now New York's data-center moratorium and a Trump-Hochul clash are all weighing on the same trade.
The Close, July 14: IBM lost a quarter of its value, and SK Hynix's Nasdaq stock jumped 27%
IBM lost about a quarter of its value in a single session after a weak preliminary report, and the damage spread across enterprise software. SK Hynix's brand-new Nasdaq stock went the other way, jumping 27% on a day chips broadly rallied.
Bitcoin miners are becoming AI landlords. Here's how far each one has actually gotten.
Eight bitcoin miners are pitching the same AI pivot, but they're nowhere near equally far along. IREN and TeraWulf already have AI revenue flowing. Hut 8, Cipher and Applied Digital have billions in signed leases that haven't started billing yet. CleanSpark still just mines bitcoin.
What is an AI neocloud? CoreWeave (CRWV) and Nebius (NBIS), explained
Neoclouds like CoreWeave and Nebius buy GPUs with debt and rent out the computing power to AI companies. Here is how the business model works, and the risk built into it.
Meta said it had spare compute. Then it broke ground on a $9 billion data center in Canada (META, CRWV, NBIS)
A week after Meta's excess-compute cloud plan crushed the neoclouds, it broke ground on a C$13 billion, 1-gigawatt data center in Alberta, Canada. The demand is real.
TeraWulf, CoreWeave, and Nebius are having a big day. The stocks still mostly mining bitcoin are not.
TeraWulf, Nebius, IREN, CoreWeave, and five other AI infrastructure stocks are surging together Wednesday, while HIVE Digital and CleanSpark, the two names still mostly mining bitcoin, are red. The split isn't random.
SharonAI (SHAZ) is down 13% today after a wild week. Here's what Leopold Aschenbrenner has disclosed since our last look
SharonAI (SHAZ) has moved from $85 to $68 to $80 to $70 in the week since our stake deep dive. A price update, plus a new filing showing Leopold Aschenbrenner's fund anchoring SK Hynix's Nasdaq debut.
SK Hynix's $28 billion Nasdaq debut names Leopold Aschenbrenner's fund as a cornerstone investor
SK Hynix's record roughly $28 billion Nasdaq listing (SKHY) drew a cornerstone commitment from Leopold Aschenbrenner's Situational Awareness fund. The twist: the fund's single biggest disclosed position is a bet against the chip sector, which makes an anchor check into a memory chipmaker the story worth watching.
TeraWulf (WULF) spiked 18%, then gave most of it back: sell the news, buy the rumor
TeraWulf (WULF) opened up 14% and spiked as high as $25.04 on a $19 billion Anthropic lease, then gave back nearly 70% of that gain by early afternoon. Here is how the short interest and the deal math explain the fade.
TeraWulf (WULF) stock jumps 18% on a 20-year, $19 billion Anthropic data center lease
TeraWulf signed a 20-year lease with Anthropic worth about $19 billion in contracted revenue at its Kentucky data center campus, and sold its Abernathy, Texas stake to a Fluidstack-led group for about $530 million the same day. WULF stock jumped as much as 17%, reversing a hard slide, right after Anthropic's reported $15 billion Australia data center plan.
Anthropic's $15 billion Australia data center plan, and why Leopold Aschenbrenner's real bet might be SharonAI (SHAZ), not IREN
Anthropic is reportedly weighing a $15 billion, 1.4 gigawatt data center buildout in Australia. Leopold Aschenbrenner's fund owns both IREN and SharonAI (SHAZ), but his SharonAI stake, nearly 20 percent of the company, dwarfs his roughly 3 percent stake in IREN, and he's engaged to Anthropic CEO Dario Amodei's chief of staff.
Meta's cloud news is hammering the neoclouds: CoreWeave and Nebius drop about 13% (July 1, 2026)
The same Meta cloud announcement that sent META up about 10% on July 1, 2026 is hammering the neoclouds. CoreWeave (CRWV) and Nebius (NBIS) each fell about 13% as investors saw a giant new rival for renting out AI computing power.
What is SharonAI (SHAZ)? Inside the AI cloud stock Leopold Aschenbrenner just took to a 19.9% stake
A deep dive on SharonAI Holdings (SHAZ), the thinly-traded AI GPU-cloud stock Leopold Aschenbrenner's Situational Awareness just took to a 19.9% stake, plus the price action since his position became visible: roughly $57.50 in mid-May to about $88 now.
Bitcoin is sliding, and the AI data center miners are sliding with it (IREN, CORZ, CLSK)
A dozen former bitcoin miners now call themselves AI data center companies. With bitcoin down near $58,300 and sliding a second day, most fell with it, while the names furthest from crypto held up best.
Data-center and bitcoin-miner stocks (CRWV, HIVE) sold off at the open on June 29 after a pre-market pop
AI data-center, neo-cloud, and bitcoin-miner stocks ticked up pre-market on June 29, then sold off hard at the open. Most are down 3% to 10% from the open and now slowly recovering. Nebius (NBIS) was the exception.
It is not just the chips: optics, memory and the neo-clouds all sold off this morning
The whole AI build-out sold off Monday morning, not just semiconductors. Optical names like Coherent (COHR) led the drop, memory (MU) and the neo-clouds fell hard, and Nebius (NBIS) was the lone holdout. What is going on.
HIVE Digital (HIVE): a green bitcoin miner pivoting to AI, and a Leopold Aschenbrenner pick
HIVE Digital (HIVE) is the cheap, green bitcoin miner betting on AI. A look at the BUZZ HPC pivot, the recent $300 million share program, the Leopold Aschenbrenner stake, and the full bull and bear case.
IREN bought the Warriors' jersey patch. Here's how it stacks up against WULF, CIFR and the other ex-miners
A few years ago IREN was a bitcoin miner. Now its badge is going on every Golden State Warriors jersey in a deal worth more than $50 million a year. Here is what IREN actually does, the Microsoft and Nvidia contracts behind the splash, and how it compares to ex-miners like WULF, CIFR, APLD and CLSK.