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via benzinga.comMarkets

Nebius stock falls nearly 17% on weak outlook, Nvidia turmoil and Nscale's wider loss

FROM THE WIRE · BENZINGA.COM

Shares of Nebius Group NV (NASDAQ:NBIS) are in focus on Friday after falling 16.84% on Thursday, when soft full-year guidance, Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang‘s resignation and a wider loss at rival Nscale weighed on neocloud stocks.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe drop weighs on the neocloud segment and reflects concerns over guidance and leadership in the AI sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nebius Group shares fell 16.84% on Thursday.
  2. 02The decline followed soft full-year guidance and the resignation of Nvidia CEO Jensen Huang.
  3. 03A wider loss at rival Nscale also weighed on neocloud stocks.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Nebius Group N.V.NBISStock112.83 USD-0.06%today -12.29%Negative NVIDIA CorporationNVDAStock158.59 USD-0.58%today -4.57%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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