Shares of AI cloud companies CoreWeave, Nebius, Cloudflare, and Snowflake dropped significantly after Microsoft and Alphabet reported lower-than-expected capital spending, raising concerns about future demand for external computing power. CoreWeave and Nebius, which rely heavily on large tech customers for contracts, are especially vulnerable to spending cuts by hyperscalers. Despite strong recent revenue growth, Cloudflare and Snowflake also saw declines amid worries about the sector's outlook. Upcoming earnings reports will be closely watched to gauge whether customer demand holds as hyperscalers reconsider budgets, with debt levels and financing costs adding to investor caution.
As of Oct 30, 2026 23:21 WIB, CoreWeave trades at USD 54.58 with a 1-day change of -10.14% on Pluang. Cloudflare shares are down 11.90% at USD 273.29, reflecting significant investor caution. Snowflake also declined by 9.92%, priced at USD 297.51, showing broad weakness in AI cloud stocks on the platform.
Microsoft CEO Satya Nadella criticized AI cloud business models dependent on a few large customers, calling such growth unsustainable. This comment followed Microsoft’s strong quarterly results, including 48% Azure revenue growth and $92.28 billion r...
Microsoft and Alphabet reported earnings that disappointed investors, casting uncertainty on the future growth of artificial intelligence (AI) investments. Despite the hype around AI, their results suggest that spending in this area may not be as rob...
Nebius Group stands out in the competitive AI cloud market by refusing to engage in price wars, instead setting its own terms and maintaining strong pricing power. Despite a recent 21.36% stock drop, Nebius reported a 454% revenue increase year-over-...
Shares of neocloud companies like CoreWeave and Nebius fell after Microsoft reported lower-than-expected capital expenditures, suggesting delays in data center capacity expansion. Despite a 30% increase in Microsoft's capex to $45.2 billion, it misse...
CoreWeave's stock fell 31% in the past month due to investor concerns over its rising debt and negative cash flow as it expands GPU capacity for AI workloads. Goldman Sachs projects CoreWeave's debt could reach $100 billion by 2028 and expects free c...
