Boynton John Wilson IV sold $12K of NBIS

Nebius Group (NBIS) fell 6% after Democrats won Congress, raising concerns about tighter data center rules in Texas. The company trades at half its five-year average forward sales multiple and reports Q3 earnings on Nov. 12. Analysts expect revenue growth, but Citi cut its price target to $265. Texas Pacific Land (TPL) also declined on similar concerns.

CoreWeave (CRWV) fell 7%, Nebius (NBIS) 5%, and IREN (IREN) 9% after Wedbush's Dan Ives estimated 10% of planned US data centers may not be built due to Democratic control. CoreWeave guided to $860M-$940M in Q3 interest expense vs. $200M-$260M adjusted operating income. Analysts expect CoreWeave's revenue to grow from $5.13B in 2025 to $43.6B in 2028, but delays in data center builds could impact growth.

CoreWeave (CRWV) fell 3% and IREN (IREN) dropped 4% after Democrats won Congress and the Texas governor's race, raising concerns about stricter data center regulations. CoreWeave's next test is its November 10 report, with interest expenses guided well above adjusted operating income. IREN and Nebius (NBIS) also faced declines due to similar regulatory fears.

CoreWeave (CRWV) and Nebius (NBIS) stocks dropped 7% and 5% respectively in early trading Wednesday. The decline follows Democratic election gains, raising concerns about potential U.S. rule changes for AI data centers. Both companies are investing heavily in AI computing infrastructure, and tighter regulations could increase costs and delay revenue.

CoreWeave (CRWV), IREN (IREN), and Nebius (NBIS) shares fell 7%, 8%, and 4.5% overnight after Democratic midterm wins raised concerns about AI infrastructure spending. Analysts see upside potential: IREN ($77.78 target, 218% upside), CoreWeave ($130.92, 144%), and Nebius ($302.09, 99%).

Cipher Digital (CIFR) rose 9%, IREN (IREN) up 8%, and other AI data-center stocks rebounded from Monday's selloff. Cipher reported Q3 revenue fell 63% and missed estimates, with Barber Lake rent delayed. Analysts cut price targets but maintained Overweight ratings. IREN and Nebius (NBIS) report earnings soon, with AI customer demand in focus.