Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue

Neocloud stocks are rallying Wednesday after a pair of blowout earnings reports from sector leaders CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group N.V. (NASDAQ:NBIS) reinforced the scale of AI infrastructure demand.

Benzinga • 20 hours ago

Neocloud Stocks Rally on Tuesday After NVIDIA's $500 Billion Pledge. Why TeraWulf, Hut 8, and Galaxy Digital Are Rising

The neocloud group is bouncing back midday Tuesday after a brutal stretch. Shares of TeraWulf (NASDAQ:WULF) are up 4% to $17, Hut 8 (NASDAQ:HUT) leads the group with a 7% gain to $91, Galaxy Digital (NASDAQ:GLXY | GLXY Price Prediction) is higher by 4% at $20, and Core Scientific (NASDAQ:CORZ) is up 4% to $20.

24/7 Wall Street • Aug 11, 2026

3 Overlooked Stocks Poised to Follow Nebius Higher

Netlist secured a narrative-changing legal win against Samsung that opens the door to more licensing fees. Cipher Digital is expanding its gigawatt pipeline while collecting rent from its Black Pearl site.

The Motley Fool • Aug 7, 2026

Hut 8 Q2 2026: Buy The Transition Before It Shows In Earnings

Hut 8 Corp. is transitioning from a bitcoin miner to a power-first, AI-focused infrastructure platform, emphasizing long-term, contracted cash flows. Despite a weak 2Q26 print and GAAP losses driven by bitcoin mark-to-market volatility, HUT's adjusted EBITDA improved and gross margins expanded to 64%. HUT secured $7.5 billion in non-recourse, investment-grade project financing, enabling large-scale campus buildouts without equity dilution or parent-level debt.

Seeking Alpha • Aug 5, 2026

Hut 8 Posts Mixed Q2, Analysts Highlight Uncertainty Around Beacon Point Timeline

Shares of Hut 8 Corp (NASDAQ:HUT) were down on Wednesday, after the company reported its second-quarter results.

Benzinga • Aug 5, 2026

Hut 8: Market Misreads Q2, Beacon Point Full Commercialization Is The Signal

Hut 8 remains a Buy as the market overlooks transformative Beacon Point Phase 2 commercialization and $7.5B in non-recourse, investment-grade project financing. The contracted portfolio now totals 949 MW of IT capacity, a $26.6B base-term value, and $1.75B+ expected annual NOI, all behind investment-grade tenants. The valuation framework supports a raised price target of $280, reflecting $240 per share on a contracted base and $40 of pipeline optionality.

Seeking Alpha • Aug 5, 2026

Hut 8: $26.6 Billion Contracted Backlog And Non-Dilutive Debt Validate The AI Pivot

Hut 8 maintains a 'Buy' rating after a 108% stock rise, driven by significant data center contract wins and robust sector momentum. HUT has secured 949 MW under 15-year triple-net contracts, totaling $26.6 billion in backlog and projected $1.75 billion average annual NOI. Recent $7.5 billion in non-convertible debt financing eliminates near-term dilution risk and supports ongoing data center buildout.

Seeking Alpha • Aug 5, 2026

Hut 8 Q2 Earnings Call Highlights

Hut 8 NASDAQ: HUT reported second-quarter 2026 revenue growth and improved adjusted EBITDA as its compute operations expanded, while management highlighted progress on its AI data center development projects and project-level financing strategy.

MarketBeat • Aug 4, 2026

Hut 8 Corp. (HUT) Q2 2026 Earnings Call Transcript

Hut 8 Corp. (HUT) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 4, 2026

Hut 8 Reports Second Quarter 2026 Results

Power-first execution model compounds across the Company's first two AI data center campuses 949 MW of contracted IT capacity, approximately $26.6 billion of expected aggregate base-term contract value, more than $1.75 billion of expected average annual NOI, and $7.5 billion of investment-grade project financing secured to date Earnings Release Highlights Completed the commercialization of Hut 8's first gigawatt-scale AI data center campus, signing, subsequent to quarter-end, a second 352 MW IT lease at Beacon Point. Closed $7.5 billion of fully amortizing investment-grade project financing across two offerings in a single quarter, each on a non-dilutive basis and without recourse to Hut 8 Corp. Scaled expected aggregate base-term contract value across the portfolio to approximately $26.6 billion across 949 MW of contracted AI data center capacity, representing more than $1.75 billion of expected average annual NOI, leased or backstopped exclusively by investment-grade counterparties.

PRNewsWire • Aug 4, 2026