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HomeBusinessShort sellers pocket $6 billion in profits as neoclouds slide on AI...

Short sellers pocket $6 billion in profits as neoclouds slide on AI debt fears

Oct 22: Investors betting against US neocloud and data center companies have raked in $6 billion in paper profits so far this month, after fears their debt-fueled AI buildout was becoming unsustainable sparked a selloff. Short interest in CoreWeave, IREN, Nebius Group, Applied Digital and Core Scientific ran

Read full story on Channel Newsasia

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