AI infrastructure providers jump after CoreWeave Q2 results, capex forecast

IREN

12/08/2026 10:36

** Shares of AI infrastructure providers rise after CoreWeave CRWV.O lifts its annual capital spending forecast and posts upbeat Q2
** CRWV shares soar 17.4% to $106.07 premarket, while those of Nebius Group NBIS.O rise 9.3% to $211.10
** Shares of data center operators IREN IREN.O jump 5.8% to $42.06 and Applied Digital APLD.O rise 6.3% to $31.55 before the bell
** CRWV CEO Michael Intrator says on co's post-earnings call that co is securing compute agreements on "increasingly favorable terms"
** "Demand was a highlight of the quarter, but pricing has captured the market’s attention as of late" - MoffettNathanson 

 (Reporting by Jaspreet Singh in Bengaluru)
 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))