Reported 2 days ago
Shares of Nebius Group, a company focused on AI infrastructure, have plunged by 7.8% amid fears of an AI bubble, despite a recent multibillion-dollar deal with Microsoft that significantly boosted its stock price earlier this year. Investors question whether Nebius can sustain its high market valuation, with many warning that unprofitable firms in the AI sector may be experiencing inflated stock prices. Analysts suggest examining alternative investment options instead of Nebius.
Source: YAHOO