Stock Track | NEBIUS Soars 5.06% After Hours on Potential Bounce from Nvidia Selloff

Stock Track

Jan 28, 2025

NEBIUS (NBIS) stock surged 5.06% in after-hours trading on Monday, potentially rebounding from a broader selloff in Nvidia-linked stocks earlier in the trading session.

On Monday, several stocks associated with Nvidia Corporation (NVDA) faced significant declines, with NBIS plummeting 27% and APLD down 11%. This rout was likely triggered by concerns over Nvidia's dominance in the artificial intelligence (AI) chip market and potential regulatory scrutiny.

However, NBIS's after-hours rally could indicate that investors view the selloff as an overreaction and an opportunity to buy the stock at a discounted price. NBIS, a provider of AI-powered computer vision solutions, may benefit from the growing demand for AI technologies, even if Nvidia faces challenges.

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This rout was likely triggered by concerns over Nvidia's dominance in the artificial intelligence (AI) chip market and potential regulatory scrutiny.</p>\n\n<p>However, NBIS's after-hours rally could indicate that investors view the selloff as an overreaction and an opportunity to buy the stock at a discounted price. NBIS, a provider of AI-powered computer vision solutions, may benefit from the growing demand for AI technologies, even if Nvidia faces challenges.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NBIS","symbol_name":"NEBIUS","start_time":0,"source_url":"","article_id":"1170839786","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170839786","pubTimestamp":1738014023,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NEBIUS  stock surged 5.06% in after-hours trading on Monday, potentially rebounding from a broader selloff in Nvidia-linked stocks earlier in the trading session.On Monday, several stocks associated with Nvidia Corporation  faced significant declines, with NBIS plummeting 27% and APLD down 11%. 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