Nebius Group is trading at $6.50 (-12.87%) as investors continue to reassess AI infrastructure spending and cloud economics.

  • The move follows a broad tech and AI risk-off backdrop, with semiconductor weakness and caution ahead of the Federal Reserve decision weighing on high-growth names.
  • No clear company-specific catalyst emerged; the decline appears tied to sector sentiment, extending a multi-day slide following sharp losses in high-beta AI infrastructure peers.