Nebius Stock Falls 18% Despite Q3 Beat as 2026 Outlook…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Nebius stock fell 17.72% to $127.58 at 2:57 p.m. ET on Thursday, November 12, despite reporting third-quarter revenue well above Wall Street expectations. The AI cloud provider generated $980.8 million in revenue, up 571% year over year, but investors focused on a weaker 2026 outlook, delayed data center capacity and a substantially larger capital spending plan for 2027. The decline followed Wedne…