CoreWeave, Snowflake, Oracle, and Nebius shares rallied Monday after President Trump called off planned strikes on Iran, triggering a broad risk-on bid that lifted beaten-down AI cloud infrastructure names. CoreWeave stock led the group, up 11% to $79.60, while Snowflake shares climbed 6% to $311 and Oracle shares gained 5% to $136. Nebius Group stock advanced 8% to $206, though it remains below its July 1 level of $229.18, and the WisdomTree Cloud Computing Fund rose 2% to $36.21, confirming the rebound is sector-wide rather than a single-name bounce. BTIG raised its Snowflake price target to $340 from $325 ahead of the company's Q2 FY2027 earnings, citing strong demand signals and encouraging AI product traction. Oracle remains down 29% year to date despite the day's gains, while CoreWeave and Snowflake carry no trailing P/E ratio due to lack of trailing 12-month profit, contrasting with Oracle's 23.59x multiple and Nebius's elevated 77.7x.
CoreWeave, Inc. Class A Common Stock
Nebius Group N.V.
Oracle Corporation
Snowflake Inc.