Nebius and CoreWeave Stocks Fall Over 7% Amid AI Investment Concerns

The decline of AI cloud computing service providers Nebius and CoreWeave has continued, with both stocks falling over 7% on Friday. Oracle also fell over 4%. The market is concerned about the ongoing negative news in the AI investment sector, with Amazon continuing to maintain high AI capital expenditures. Intel’s guidance was also lower than expected, with the company forecasting fourth-quarter revenue of $15 billion to $16 billion and adjusted earnings per share of 25 cents, significantly lower than expected, leading to a sharp decline in its stock price.