economy

Microsoft Nebius CoreWeave

CoreWeave (CW) and other neocloud stocks decline as Microsoft’s capital expenditures fall short of expectations

The decline in shares of neocloud companies like CoreWeave and Nebius follows Microsoft's disappointing capital expenditures report, highlighting concerns about the future of infrastructure partners in the AI sector. This situation underscores the challenges faced by neoclouds amid rising interest rates and tightening debt markets.