NBIS Stock Crashes 21% As Nebius Cuts 2026 Revenue Guidance

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Hand holding torn financial chart split between green growth and red crash

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Nebius shares fell as much as 21.5% on Thursday after the AI cloud provider lowered its 2026 revenue forecast, blaming delays in bringing new data centre capacity online. The drop came even though third-quarter revenue beat expectations. Options traders moved quickly to bet on further declines, with turnover in the most active put contract jumping …

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