Shares of AI cloud services companies are trading lower after reports suggesting Meta will form a cloud business to rent out its excess compute capacity to customers. Competitive pricing from a new cloud provider may bring margins down.

NEBIUS
CoreWeave
HUT 8
Riot Platforms
TeraWulf Inc.

NEBIUS

NBIS

0.00

CoreWeave

CRWV

0.00

HUT 8

HUT

0.00

Riot Platforms

RIOT

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TeraWulf Inc.

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Shares of AI cloud services companies are trading lower after reports suggesting Meta will form a cloud business to rent out its excess compute capacity to customers. Competitive pricing from a new cloud provider may bring margins down.
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