A Gartner warning that most neoclouds, the AI providers that rent out graphics processing unit (GPU) capacity, won't survive as independent companies is pulling the group lower, and IREN Limited (NASDAQ:IREN) stock is among the hardest hit.
CoreWeave stock is getting pummeled as investors remain concerned about the neocloud industry. It dropped to $65 in the extended session, down by 53% from its highest level this year, erasing billions of dollars in value.
Gartner's prediction that 80% of neoclouds could vanish by 2030 intensified investor concerns about the company's long-term viability, today, Oct. 14, 2026.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 7,038 | $1.11M | $1.46M | $346,661.38 | 31.16% |
Curtis Ellergodt Rothschild Investment LLC | 12,913 | $1.91M | $2.53M | $620,564.18 | 32.53% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 10,045 | $1.3M | $1.97M | $664,536.65 | 51.04% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 3,080 | $777,022.43 | $638,638 | -$138,384.43 | -17.81% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 68 | $10,767.12 | $13,312.36 | $2,545.24 | 23.64% |
| Professional Services Industry | Industrials Sector | Eugene A. Hall CEO | NYSE Exchange | 366651107 CUSIP |
| US Country | 19,285 Employees | - Last Dividend | 1 Apr 1996 Last Split | 4 Oct 1993 IPO Date |
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