Musk warns 200 neoclouds could collapse as stocks tumble
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Summary
Shares of several AI cloud computing companies slid in premarket trading today, after Elon Musk warned that the sector could face a wave of failures as lenders pull back. CoreWeave fell about 5%, Nebius dropped more than 2% to 3% and Iren declined roughly 3%. In a post on X on Sunday, Musk said debt […] The post Musk warns 200 neoclouds could collapse as stocks tumble appeared first on Rolling Out .
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