AI Cloud Stocks Rise as Musk Calls Overcapacity Talk ‘Ridiculous’: Nebius and CoreWeave Gain 3%, Oracle Edges Higher

Elon Musk spent last week spooking AI cloud investors with a single word, then reversed course entirely on a SpaceX earnings call, and now Nebius and CoreWeave shares are racing to recover ground while one critical market signal holds the key to whether this bounce lasts.