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via seekingalpha.comMarkets

Nebius Group slumps 11% amid tech plunge

FROM THE WIRE · SEEKINGALPHA.COM

[Equipment in server room] Erik Isakson/DigitalVision via Getty Images Shares of Nebius Group N.V. (NBIS [https://seekingalpha.com/symbol/NBIS]), a global technology company building full-stack AI-cloud infrastructure, sank almost 11% on Friday. The decline came amid a broad…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe drop reflects the broader tech selloff and concerns over AI cloud financing.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nebius shares sank almost 11% on Friday.
  2. 02The stock fell $18.64 to trade at $153.35.
  3. 03The QQQ ETF shed more than 4% on the session.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Nebius Group N.V.NBISStock154.10 USDMarket closedtoday -10.40%Negative Invesco QQQ Trust, Series 1QQQETF690.49 USDMarket closedtoday -3.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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