Tag: unrealized profits
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Short sellers make $6 billion in unrealized 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 ra
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