Nebius (NBIS) stock price drops 7% as Microsoft-led tech rout hits AI cloud names
New York, Jan 29, 2026, 15:52 ET — Regular session
- Nebius shares fell 7.4% to $93.01, after fluctuating between $91.24 and $100.80.
- Traders are balancing Microsoft’s AI-related costs against Meta’s larger capex proposal, which mentioned Nebius as a cloud partner.
- After the bell, all eyes shift to Apple earnings for a fresh glimpse into tech sentiment and AI investment trends.
Nebius Group N.V. shares dropped 7.4% to $93.01 Thursday afternoon, erasing an early rally that had briefly pushed the stock above Wednesday’s close.
The decline hits more than just a single stock. Investors are adjusting their outlook on the “AI buildout” trade following the latest round of Big Tech earnings, favoring…
