Indisputably, so-called “neo-cloud” stocks have been some of the most impressive performers of 2025. This generally describes companies providing artificial intelligence (AI)-specific cloud infrastructure, particularly emerging firms like Nebius (NASDAQ: NBIS) and CoreWeave (NASDAQ: CRWV). As of the Oct. 14 close, their shares are up roughly 362% and 235%, respectively.
Up around 81%, Oracle (NYSE: ORCL) doesn’t neatly fit the neo-cloud moniker; it is one of the world’s largest legacy technology companies. However, especially in 2025, the company’s focus on providing AI infrastructure has been the primary driver of its stock price. This makes it key to the neo-cloud and overall AI cloud computing discussion.
