On July 17, NEBIUS fell 5.18% in pre-market trading, trading at 164.21 USD/share, with turnover of $15.50 million. The stock has now declined to a two-month low following sustained selling pressure since July 15.

On the news front, NEBIUS announced on July 15 a new asset-light AI cloud model allowing infrastructure partners to deploy its AI cloud platform in their own data centers, with Nebius providing only software, architecture design, and sales networks via revenue-sharing and licensing arrangements. The market is concerned this transition may weaken the company's control over core infrastructure. Additionally, Meta's plans to build an internal compute commercialization division continue to weigh on sentiment.

Options market data shows pronounced bearish positioning, with put options accounting for 64% of total volume. Two large-scale in-the-money put combinations exceeding $35 million appeared, reflecting institutional caution toward near-term price prospects. The broader semiconductor and AI compute sector also weakened, with peers such as CoreWeave facing selling pressure as the Nasdaq Composite fell over 1%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)