Neocloud stocks could face a house-of-cards collapse

In the Loop host Ejaaz Ahamadeen explains how the neocloud financing loop and idling unpowered GPUs are a house-of-cards collapse in the making, with insurers backing debt they also lend against. Video Transcript 00:00 Speaker A The sector that's suffering the most are neo clouds and the three main ones, Coreweave, Nebius and Iron are down around 30 to 35% over the last couple of weeks, absolutely shattering their market caps. Now, 00:09 Speaker A the reason why this is a problem in their situation, if you were in their boots is, they need as much capital as they can get.