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CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally

Europe News 12 August 2026, 20:00 UTC 12 Aug 2026

CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally — Europe News

AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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