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Nebius Surges 6%, CoreWeave Treads Water as JPMorgan Upgrade Flags Rising Compute Pricing; IREN Slides 4%

Source: 247wallst.com

Artificial IntelligenceTechnology & InnovationInvestor Sentiment & Positioning
Nebius Surges 6%, CoreWeave Treads Water as JPMorgan Upgrade Flags Rising Compute Pricing; IREN Slides 4%

Nebius Group shares rose 6% to $240 as investors assessed signs of rising pricing for AI computing power. The positive pricing backdrop is tempered by continuing concerns over funding requirements and the capital intensity of AI infrastructure investment.

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