FILE PHOTO: CoreWeave logo is seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

COREWEAVE INC-CL A jumped 20% on Wednesday, igniting an AI cloud stock rally as strong revenue growth eased borrowing bubble fears. The surge followed weeks of steep declines driven by debt-fueled data center expansion concerns across the sector. Investors regained confidence as management scaled back its borrowing binge.