EL7.AI
StocksMedium•9 November 2026•
1 min read

AI Cloud Stocks Rally Led by Cloudflare Despite NVIDIA Slide

Key Facts

1Cloudflare stock jumped 11% to $297, driven by strong revenue growth and accelerated profitability targets.
2Nebius shares surged 9% and CoreWeave rose 6%, showing a performance decoupling from NVIDIA.

Cloudflare stock jumped 11% to $297 driven by strong revenue growth and accelerated profitability targets. 247wallst.com reported that the company's revenue grew 39.2% to $782.51 million, surpassing consensus estimates, as management pulled forward its GAAP profitability target to 2026.

AI infrastructure stocks showed a performance decoupling from NVIDIA, with Nebius shares surging 9% and CoreWeave rising 6%, the latter supported by a partnership with Wayve. NVIDIA was trading at $177.67 on November 9, 2026, while NET closed at $268.75 and NBIS closed at $129.49 on November 6, 2026.

Nebius is scheduled to release its third-quarter results before the market opens on November 12, 2026. This follows a period where peer stocks AMD and INTC closed at $449.04 and $56.28 respectively on November 6, 2026.

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