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CoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectations

Source: cnbc October 28, 2026 · 17:16
CoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectations
Photo by Luka Franzi · Pexels
From the publisher
Shares of CoreWeave, Nebius and IREN fell as Microsoft's lower-than-expected capex figure points to infrastructure partners taking longer to deliver capacity.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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