Shares of Nvidia-linked neocloud operators Nebius Group and Iren Ltd. have rallied strongly, with NBIS gaining 1.6% and IREN rising nearly 3% in early premarket trading on Tuesday, each having notched seven straight sessions in the green until Monday. Nebius recently won a $17.4 billion deal with Microsoft and a $27 billion deal with Meta Platforms, and NBIS shares have rallied 67% in the last 14 sessions. On Monday, Bank of America raised its price target on NBIS to $175 from $150, keeping a ‘Buy’ rating, citing new cloud deals and data center expansion in Finland and Alabama. Freedom Capital downgraded NBIS to ‘Neutral’ from ‘Buy,’ raising the target to $154 from $108. IREN has pivoted from Bitcoin mining to AI infrastructure, securing billions in Nvidia and Dell hardware and signing a nearly $10 billion deal with Microsoft. On Stocktwits, message volume for NBIS and IREN increased by over 1,000% in the past month, with retail sentiment ‘bullish’ for NBIS and ‘extremely bullish’ for IREN as of Monday.