Nebius, CoreWeave Get Sell Calls as Credit Flashes Warning

This article first appeared on GuruFocus. Nebius (NASDAQ:NBIS) shares rose 2.08% intraday and CoreWeave (NASDAQ:CRWV) rose 3.21%, after Rothschild & Co. Redburn initiated both neoclouds with Sell ratings, arguing that credit markets are pricing in risks equities still aren't. The firm set an $84 price target on Nebius and $54 on CoreWeave. The same note started coverage on six Bitcoin miners that have pivoted into AI infrastructure, Core Scientific (NASDAQ:CORZ), TeraWulf (NASDAQ:WULF), Applied Digital (NASDAQ:APLD), Cipher Mining (NASDAQ:CIFR), Hut 8 (NASDAQ:HUT) and IREN (NASDAQ:IREN), all at Neutral. Warning! GuruFocus has detected 5 Warning Signs with NBIS. Is NBIS fairly valued? Test your thesis with our free DCF calculator.