US neocloud stocks rebound on dip-buying after AI-sector selloff

IREN

Mon 11:47

** US neocloud firms' shares rebound in premarket trading after hitting their worst weekly performances following last week's AI selloff
** Last week, CoreWeave debt concerns and reports of CXMT advances weighed on global chip stocks 
** Nebius NBIS.O rises 3.9% after hitting its worst week since February 2022
** CoreWeave CRWV.O and IREN IREN.O up 2% and 3.6% respectively after hitting their worst week since November 2025
** As of last close, NBIS stock up 97.7% while CRWV and IREN down 14.3% and 28.5% respectively YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))