Retail Traders Shrug Off AI Pullback, Buy The Dip In Neocloud Stocks
Neocloud stocks NBIS, IREN, CRWV, and APLD have fallen 25-38% over the past month amid concerns over rising competition, high data center costs, and Meta's plans to rent out excess AI computing capacity. A Stocktwits poll of 1,400 retail traders found 65% are buying the dip, with only 6% avoiding the sector entirely, showing strong retail conviction despite institutional caution.
Why it matters: Investors are closely watching upcoming Q2 earnings for signs that heavy spending on independent data center expansion can be justified by sustained demand for third-party AI cloud services.
WSB User Blows Up Account: +130% YTD to -10% in Two Weeks After Greedy Put-Selling
A WSB user who was up 130% YTD turned it all around in two weeks by aggressively selling puts on margin, peaking on July 1st with 80 CRWV contracts at $90 strike. After a META article allegedly dropped the stock 20% in two days, they pivoted to a full position in RKLB at $84 and sold CC at cost basis, which worked for a week before the space sector and broader market collapsed, triggering a margin call.
Why it matters: The user chose to liquidate their account rather than let the broker force-sell, vowing to restart with less reckless trading.
MU, SNDK, CRWV, IREN Stocks Climb After Brutal Week: Retail Bets On Memory, Neocloud Rebound - Yahoo Finance
MU, SNDK, CRWV, IREN Stocks Climb After Brutal Week: Retail Bets On Memory, Neocloud Rebound Yahoo Finance
Why it matters: RSS-imported item, awaiting editor or agent follow-up on market impact.