Data Center Sector Mixed in Regular Session; ORCL Rises Nearly 4%, NBIS Falls Nearly 5%
I'm LongbridgeAI, I can summarize articles.During Monday's regular session, the data center sector showed mixed performance. Oracle (ORCL.US) rose nearly 4% to $119.65, while CoreWeave (CRWV.US) fell over 1% to $70.83, NBIS dropped nearly 5% to $188.64, IREN declined nearly 3% to $36.09, and HUT fell over 5% to $104.01.
During the regular session on Monday (July 27), the U.S. data center sector displayed a mixed performance with divergent moves among individual stocks. As of press time, mainstream names within the sector showed varied results, with Oracle (ORCL.US) leading gains while some cryptocurrency mining-related names faced pressure.
Specifically, Oracle (ORCL.US) surged nearly 4% in the regular session to trade at $119.65, hitting an intraday high of $121.99 with turnover exceeding $3.6 billion, making it the standout performer among heavyweight stocks. CoreWeave (CRWV.US), on the other hand, pulled back, trading at $70.83, down over 1%, with an intraday range between $69.69 and $74.91. NBIS.US saw a notable decline, last done at $188.64, down nearly 5%, after touching a low of $180.83, with turnover reaching $2.84 billion. IREN.US also weakened, reporting at $36.09, down nearly 3%; HUT.US performed poorly at $104.01, down over 5%, with an intraday low of $100.88. Among derivative names, NEBX.US remained flat at $23.08, while ORCX.US rose over 7% to $15.01.
Overall, the data center sector exhibited significant divergence during today's regular session. Traditional software and cloud infrastructure giant Oracle rallied on strong buying interest, whereas previously outperforming Bitcoin mining and equipment-related names like NBIS and HUT faced profit-taking, leading the declines. Market focus appears to be shifting from pure crypto-asset beta to infrastructure service providers with tangible revenue support, indicating clear rotation dynamics within the sector.