🔴 Nebius Group is trading 5% down today on Q2 earnings and rising AI infrastructure costs

Nebius Group is trading at $161.11 (5% down) following its Q2 earnings update as high AI costs weigh on investor sentiment.

• The company is balancing major infrastructure deals with Meta and Nvidia against massive ongoing AI-related expenditures.
• Broader selling pressure in the semiconductor sector is contributing to the decline as markets reassess the returns on AI capital investment.