The Kobeissi Letter
The Kobeissi Letter|Nov 12, 2026 14:28
BREAKING: US neocloud stocks collapse after Jensen Huang resigns as CEO of Nvidia: 1. Nebius, NBIS: -21% 2. CoreWeave, CRWV: -14% 3. Roundhill Neocloud ETF, NEO: -13% 4. IREN, IREN: -9% 5. Cipher Digital, CIFR: -9% 6. Applied Digital, APLD: -8% 7. TeraWulf, WULF: -7% 8. Core Scientific, CORZ: -5% Nasdaq 100 futures extend losses to -1.5% on the day.
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