🔴 Nebius Group N.V. is trading 5.4% down today amid broader tech weakness and caution ahead of CPI data

Nebius Group N.V. is trading at $208.30 (-5.37%) in pre-market, tracking a broader decline in the technology sector and AI-linked equities.

• The move aligns with a weaker tech tape, as the Nasdaq Composite has dropped 1.69% ahead of the market open.
• Investors are exhibiting caution across the AI space in anticipation of the 8:30 AM CPI release, which is expected to drive volatility.
• No company-specific catalysts or news have been identified to account for the move so far today.