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Nebius Declines 6% Despite Fresh Citi Financing; CoreWeave Drops 5%, Cloudflare Edges Higher

Source: 247wallst.com

Artificial IntelligenceCredit & Bond MarketsCompany Fundamentals
Nebius Declines 6% Despite Fresh Citi Financing; CoreWeave Drops 5%, Cloudflare Edges Higher

Nebius Group shares fell 6% to $162 despite receiving a fresh credit line from Citi. The article characterizes the AI cloud operator as continuing to borrow to expand capacity, suggesting the new financing has done little to ease concerns.

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