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AI Cloud Stocks Fall as Big Tech Capex Comes in Light: Fastly Sinks 6%, Oracle and Nebius Drop 3%

Source: 247wallst.com

Artificial IntelligenceTechnology & InnovationCapital Returns (Dividends / Buybacks)
AI Cloud Stocks Fall as Big Tech Capex Comes in Light: Fastly Sinks 6%, Oracle and Nebius Drop 3%

Two major buyers of AI computing power spent less on capital projects last quarter than Wall Street expected, and stocks of AI cloud suppliers were falling. The excerpt gives Fastly's price as $25 but provides no comparison or percentage move.

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