<div id="readability-page-1"><p>Shares of Wall Street's favorite AI data center cloud capacity providers, CoreWeave (CRWV), Nebius (NBIS), and IREN Limited (IREN) are surging early Thursday after heavyweight chip maker Nvidia's (NVDA) blockbuster third-quarter earnings results.</p><h3>TipRanks Black Friday Sale</h3><ul><li> Claim 60% off TipRanks Premium  for the data-backed insights and research tools you need to invest with confidence.  </li><li>  Subscribe to TipRanks' Smart Investor Picks  and see our data in action through our high-performing model portfolio - <u> now also 60% off </u></li></ul> <p>On Wednesday, Nvidia released its financial reports to wide applause from Wall Street and the White House, as its quarterly revenue rose 60% from a year ago to reach $57 billion — well above analysts' expectations. Its earnings per share also climbed 60% year-over-year to $1.26, above the consensus on Wall Street. </p> <h2><strong>AI Boom 'Not a Bubble,' Says Nvidia CEO</strong></h2> <p>Commenting on the results, Jensen Huang, Nvidia's chief executive, emphasized that the AI boom is &#34;real&#34; and &#34;not a bubble&#34;. The results and the CEO's comment, which are fueling a rally in Asian tech stocks, have also helped to propel top AI neocloud providers out of their recent post-earnings rut.</p> <p>As of 6:35 a.m. EST on Thursday, the stocks climbed thus:</p> <ul> <li>CoreWeave's (CRWV) shares, which have plunged about 21% over the past five days, rose about 8% to $80.70 per share.</li> <li>Nebius (NBIS), which shed over 11% of its value in the last five days, climbed about 7% to $101.36 per share.</li> <li>IREN (IREN), which has dropped over 22% in the last five days, similarly rose about 8% to $49.24 per share.</li> </ul> <h2><strong>Why Did CoreWeave, Nebius, and IREN Plunge?</strong></h2> <p>The rise in CoreWeave's shares comes as Wall Street remains divided on the future direction of the New Jersey-based company. The data center operator had attracted price cuts after lowering its full-year revenue forecast due to a delay from a third-party partner. A report from <em>The Verge</em> also named CoreWeave as  &#34;the heart of the AI bubble.&#34; </p> <p>On its part, Amsterdam-based Nebius has failed to impress investors with its new $3 billion five-year contract with U.S. tech giant Meta Platforms (META). This came after the company, which builds large-scale cloud platforms and data centers optimized for artificial intelligence workloads, reported a net loss of $39.7 million despite growing its revenue by 355% from a year ago.</p> <p>For Sydney-based IREN, some analysts have pointed to the &#34;quite high&#34; execution and financial risks that come with its recent $9.7 billion deal with Microsoft (MSFT). Unlike Nebius, IREN has managed to turn its loss to profit, reporting earnings per share of $1.07 in its first-quarter Fiscal Year 2026 results.</p> <h2><strong>What Are the Best AI Stocks to Buy?</strong></h2> <p>With Nvidia's latest strong quarterly performance, investors might be interested in evaluating which AI stocks are worth buying. The TipRanks Stock Comparison tool provides guidance on which of them are worth investing in based on analysts' assessments.</p></div>

Nvidia will release its first quarter report for fiscal year 2026 ending April 27, 2025. 

According to analysts surveyed by FactSet, Nvidia's first-quarter revenue is expected to increase 66% year-on-year to $43.3 billion; adjusted earnings per share will increase 44% year-on-year to $0.88. The growth rate of revenue and profits has slowed significantly compared with the same period last year. In the same period last year, Nvidia's revenue increased by 262% year-on-year, and its adjusted earnings per share increased by 461% year-on-year.

<p>Nvidia will release its first quarter report for fiscal year 2026 ending April 27, 2025. <br><br>According to analysts surveyed by FactSet, Nvidia's first-quarter revenue is expected to increase 66% year-on-year to $43.3 billion; adjusted earnings per share will increase 44% year-on-year to $0.88. The growth rate of revenue and profits has slowed significantly compared with the same period last year. In the same period last year, Nvidia's revenue increased by 262% year-on-year, and its adjusted earnings per share increased by 461% year-on-year.</p>

NVIDIA Financial Results for Q4 Fiscal 2025

IREN

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<p>Nvidia's strong Q3 earnings have boosted shares of AI data center cloud capacity providers CoreWeave, Nebius, and IREN. Nvidia's revenue rose 60% to $57 billion, and EPS climbed 60% to $1.26. CEO Jensen Huang emphasized the AI boom is real. CoreWeave, Nebius, and IREN stocks rose 8%, 7%, and 8% respectively after recent declines. CoreWeave faced price cuts, Nebius reported a net loss, and IREN turned a profit despite high risks.</p>

- Shares of CoreWeave, Nebius, and IREN surged following Nvidia's strong third-quarter earnings, which exceeded expectations with a 60% revenue increase to $57 billion.  
- Despite recent declines, CoreWeave's stock rose 8% to $80.70, Nebius climbed 7% to $101.36, and IREN increased 8% to $49.24, as Nvidia's CEO affirmed the AI boom's legitimacy.  
- The rally comes amid mixed investor sentiment regarding the future of these companies, particularly due to CoreWeave's revenue forecast cuts and Nebius's disappointing contract performance.

Nvidia's (NVDA) Strong Q3 Pulls CoreWeave, Nebius, and IREN Stocks Out of Rut