Shares of AI cloud services companies are trading lower as inflation fears and soaring bond yields dampen investor appetite for high-growth stocks that rely heavily on customer capex funded through borrowing.

Why Cipher Digital Stock Plummeted 30.6% Last Month But Is Rebounding in September

Cipher Digital stock fell 30.6% in August after reporting Q2 results that missed analyst expectations on both revenue and earnings. However, the stock has rebounded roughly 12% in September following announcements of progress on its data center expansion and new natural gas pipeline infrastructure projects to support its pivot from Bitcoin mining to AI data center services.

Why Is Cipher Digital Stock Surging Thursday?

Cipher Digital (CIFR) stock jumped 10% on crypto gains & gas pipeline news. Get key price levels, technical analysis, and growth outlook.

Shares of crypto-linked stocks are trading higher as Bitcoin prices hit $80,000 amid lower yields and a weaker dollar. Fed's Waller's comments that he is inclined to support holding interest rates steady may have further supported the speculative asset by easing concerns about tighter monetary policy and improving risk appetite.

Cipher Digital shares are trading higher after the company announced that it has begun the development of lateral pipelines at multiple sites to deliver natural gas to support bring-your-own-generation capacity.

Jensen Huang's Net Worth Up $36 Billion as Nvidia Stock Eyes Surge to Record High

The ongoing Nvidia stock surge has pushed Jensen Huang's net worth by over $48 billion and is the eighth-richest man in the world.

Jim Cramer: This Health Care Stock Is Pure Spec, The Only Neocloud I Like Is...

Cramer calls Nuvation Bio a pure spec, prefers CoreWeave over IREN, is unsure on Seneca, cautious on NuScale, and approves Box.