Nebius Group N.V. (NASDAQ:NBIS) stock is experiencing downward pressure on Friday, largely due to a broader cooling of the artificial intelligence infrastructure sector.
Traders are watching multiple headwinds converge on the high-flying tech name, driven by shifting macroeconomic expectations and heavy executive selling.
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Hot Labor Market Data Alters Rate Cut Outlook
The U.S. labor market strengthened in May as employers added 172,000 jobs, the Bureau of Labor Statistics reported Friday.
