Nebius stock pulls back after big run: is Microsoft partnership enough to sustain gains?

Core Insights - Nebius stock (NASDAQ: NBIS) has experienced a significant decline after a remarkable performance earlier in the year, where it was recognized as one of the standout performers in the AI infrastructure sector [1] Company Summary - The recent retreat in Nebius shares follows a period of strong growth, indicating potential volatility in the stock price [1] - The company had previously seen a substantial rally, highlighting its prominence in the AI infrastructure market [1] Industry Summary - The AI infrastructure sector has shown considerable performance variability, with companies like Nebius experiencing both rapid growth and sharp declines [1] - The market's reaction to Nebius's stock performance may reflect broader trends and investor sentiment within the AI infrastructure industry [1]