IREN Climbs 6%, Nebius Jumps 10% as GPU Rental Rates Head Higher; CoreWeave Slips

Quick Read Nebius's GPU rate hike effective October 1 lifted NBIS 10% and IREN 6%, while CoreWeave fell on debt and locked-in capacity concerns. DTCR trailing QQQ confirms this is a neocloud-specific repricing story, not a broad data center sector rally. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Nebius Group didn't make the cut. Enter your email to see the names that beat NBIS. The report is free. Enter your email and see if any of your stocks made the cut. The neocloud trade split three ways Thursday morning after Nebius Group (NASDAQ:NBIS) notified customers of higher on-demand rental rates for a range of AI graphics processing unit (GPU) capacity effective October 1.