CoreWeave and neocloud stocks plunge amid AI bubble worries
Investor's Business Daily reported that CoreWeave plunged and other AI-focused "neoclouds" sold off after research firm Gartner predicted an industry shakeout. CNBC reported that traders are betting the decline could worsen, piling into "bubble puts" on CoreWeave as neocloud stocks plunged. NYT DealBook reported that investors are newly worried about the health of artificial intelligence infrastructure companies like CoreWeave, weighing on the wider A.I. industry.
