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U.S. cloud service upstart stocks extend premarket declines, with Nebius plunging over 20%.

BlockBeats news, November 12, according to BIT stock platform data, the pre-market decline of US cloud service emerging stocks further expanded, following Jensen Huang's resignation as NVIDIA CEO.


The Roundhill Neocloud ETF fell 12.5%. CoreWeave dropped 13.6%, IREN fell 8.1%, and Nebius plunged 20.1%.

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What fell through was an option that was never included in the contract, yet the market is repricing the entire neocloud sector.
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