Nebius Falls 5% as AI Cloud Shares Drop in Early U.S. Trading

CoreWeave Inc. was down 4.1%, while IREN Limited fell 3.3%. All three provide computing capacity for artificial intelligence, making the early decline broader than a move in a single company’s shares. Elon Musk previously said AI computing providers could face substantial consolidation and business failures. The share declines do not establish what caused the selling. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost