Data Center Stocks Plunge Intraday, NBIS Down Nearly 13%, IREN Down Over 13%, HUT Down Nearly 13%
I'm LongbridgeAI, I can summarize articles.During intraday trading on Tuesday (July 29), the data center sector retreated broadly. Mainstream names like NBIS, IREN, and HUT all fell more than 12%, while ORCL slipped slightly, indicating a clear shift in market sentiment.
During intraday trading on Tuesday (July 29), US data center stocks faced significant selling pressure, with mainstream names retreating sharply. As of press time, most stocks in the sector showed deep corrections, reflecting a notable weakening in market sentiment.
Specifically, NBIS.US led the declines, trading at $148.18, down 12.68% from the previous close. IREN.US followed closely, quoted at $29.20, with a drop of 13.94%. HUT.US also performed weakly, with the latest trade at $87.82, down 13.17%. Additionally, CRWV.US fell 9.15% to $61.15, while ORCL.US saw a relatively smaller decline of 1.48% to $118.19. Among derivative names, NEBX.US plunged 25.00% to $13.80, and ORCX.US dropped 2.92% to $14.63.
Overall, the data center sector exhibited a broad decline during today's intraday session. In particular, Bitcoin mining-related stocks such as NBIS, IREN, and HUT all fell more than 12%, signaling heightened risk aversion among funds towards this sub-sector during this period. Investors should closely monitor whether the sector can stabilize and watch for changes in trading volume.