CoreWeave and Nebius Plunged 14% and 17% in a Single Day. Which Beaten-Down AI Cloud Stock Is the Better Rebound Bet?

Meta's announcement of plans to develop and sell excess AI computing capacity triggered sharp declines in AI cloud specialists CoreWeave (down 13.9%) and Nebius (down 17%), as both companies rely heavily on Meta as a major customer. Despite similar structural risks, analyst Daniel Sparks recommends Nebius as the better rebound bet due to faster growth, expanding margins, positive cash flow, and lower debt burden, compared to CoreWeave's deteriorating margins and $25 billion debt load.