US Stock Market Moves | Musk Warns: Over 200 AI Cloud Providers Face Purge, New Cloud Concept Stocks Plunge

Zhito Finance APP has learned that on Monday, U.S. cloud computing concept stocks plunged at the open. Nebius (NBIS.US) once fell by more than 5%, CoreWeave (CRWV.US) and Iren (IREN.US) dropped over 4%. As of press time, the decline had narrowed somewhat. According to news, on Sunday, Musk posted on the X platform, explicitly stating that more than 200 Neocloud companies will face a “small fish-level death and consolidation.” This remark has further intensified market concerns about whether the debt-driven expansion in this sector can continue.