---
title: "CoreWeave, other neoclouds rebound, as Crusoe CEO says recent selloffs overblown"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303277607.md"
description: "CoreWeave and other neocloud stocks rebounded after recent selloffs, with CoreWeave rising 8% following a 30% monthly drop. Crusoe CEO Chase Lochmiller called the angst overblown, citing CoreWeave's $104B backlog. Competitors like Nebius, IREN, Cipher Digital, Core Scientific, and Applied Digital also saw gains. Crusoe, backed by Nvidia and Salesforce, operates AI infrastructure projects including the Stargate campus for Oracle and OpenAI."
datetime: "2026-10-27T19:33:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303277607.md)
  - [en](https://longbridge.com/en/news/303277607.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303277607.md)
generator: "portal-rs"
---

# CoreWeave, other neoclouds rebound, as Crusoe CEO says recent selloffs overblown


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## Related News & Research

- [IREN Limited $IREN Shares Sold by Oppenheimer & Co. Inc.](https://longbridge.com/en/news/303853957.md)
- [CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT Buys 53,400 Shares of IREN Limited $IREN](https://longbridge.com/en/news/303191794.md)
- [Cipher Digital Plans to Attend Seven Investor and Industry Conferences](https://longbridge.com/en/news/303457754.md)
- [Saudi Aramco takes a 49% stake in HUMAIN with $2.6bln investment](https://longbridge.com/en/news/303860196.md)
- [Cipher’s Earnings Are Days Away: Here’s What Investors Need to Know](https://longbridge.com/en/news/303401407.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**