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  • 21 hours ago
Nebius shares fell as energy prices, inflation worries and higher Treasury yields pressured AI cloud stocks. Traders are watching key resistance and support levels.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Nebius Group shares fell Tuesday as a broader sell-off hit AI cloud stocks amid rising energy
00:07prices, inflation concerns, and higher bond yields, according to Benzinga. The U.S.-Iran
00:13ceasefire breakdown pushed Brent crude above $91 a barrel and WTI toward $85, while the 10-year
00:20treasury yield climbed to 4.74%. Higher yields can pressure Nebius by reducing the value of
00:27expected future profits and raising borrowing costs for customers funding AI infrastructure.
00:33Nebius remains 17.2% above its 20-day moving average and 67.8% above its 200-day average.
00:41Traders are watching resistance near $279 and support around $250. Shares were down by 2.39%
00:50at $242.50 in Wednesday's pre-market trading, according to Benzinga Pro.
00:55For all things money, visit Benzinga.com.
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