Nebius (NBIS) Stock Slides After Q3 2025 Earnings: $3B Meta AI Deal, Microsoft Pact and CoreWeave Rivalry, Explained
Nebius Group (NASDAQ: NBIS) has just delivered one of the most dramatic weeks in the AI‑infrastructure trade: Today, November 13, Nebius shares are trading back in the high‑$80s, down around 6% intraday and more than 30% off recent highs near $140, even after a year in which the stock has more than quadrupled. StockAnalysis+2MarketBeat+2 At the same time, rival AI “neocloud” player CoreWeave is also under pressure after slashing capital‑expenditure guidance and trimming its 2025 outlook, forcing investors to choose which high‑growth, high‑spend AI infrastructure story they trust more. Investors.com+2Business Insider+2 Here’s what’s really driving Nebius stock today, why some