Nebius Falls 5% as AI Cloud Shares Drop in Early U.S. Trading

Enna Lee

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Nebius Falls 5% as AI Cloud Shares Drop in Early U.S. Trading

CoreWeave fell 4.1% and IREN lost 3.3% after the opening bell.

By Enna Lee

Published Oct 26, 2026, 9:51 AM EDT

A brass opening bell sits on a dark stone plinth. / TokenPost.ai

Nebius Group N.V. shares fell 5% in early U.S. trading Monday.

CoreWeave Inc. was down 4.1%, while IREN Limited fell 3.3%. All three provide computing capacity for artificial intelligence, making the early decline broader than a move in a single company’s shares.

Elon Musk previously said AI computing providers could face substantial consolidation and business failures. The share declines do not establish what caused the selling.

Enna Lee

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Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.