Nebius, CoreWeave, and Oracle Shares Rise as AI Cloud Stocks Rebound
Shares of Nebius Group (NASDAQ:NBIS), CoreWeave (NASDAQ:CRWV), and Oracle Corporation (NYSE:ORCL) surged on July 30, 2026, following a risk-on mood in the NASDAQ 100 that lifted beaten-down AI cloud infrastructure names. The rebound came after these stocks had sold off sharply the previous day due to rising credit-swap costs and concerns over capital expenditures for AI infrastructure. Oracle's stock climbed on news of its partnership with Google Cloud, integrating Alphabet’s (NASDAQ:GOOGL) Gemini models into Oracle Cloud Infrastructure. CoreWeave saw a 24% jump after announcing an intent to collaborate with Leidos Holdings (NYSE:LDOS) to provide secure AI cloud services for U.S. national security missions. Nebius experienced the largest gain at 27%, though without any immediate company-specific catalyst, suggesting its rise was driven by broader market sentiment and a technical bounce from prior losses. The rally remained narrow, with most of the gains concentrated in these oversold pure-play AI infrastructure stocks rather than across the entire cloud computing sector. The First Trust Cloud Computing ETF (NASDAQ:SKYY) barely moved during this rebound.
Tickers: $CRWV $GOOGL $LDOS $NBIS $ORCL
Topics: AI cloud partnerships stock rally