10 Firms Heavily Hit by Market Pessimism

6. Nebius Group (NASDAQ:NBIS)

Nebius dropped its share prices for a second day on Tuesday, losing 9.26 percent to end at $25.67 each as investors sold off positions in line with the broader market sentiment, shunning fresh business developments in the company.

On Tuesday, NBIS announced its role as an early adopter cloud provider of the NVIDIA Blackwell Ultra platform offering NVIDIA GB300 NVL72-powered instances by the end of 2025. The instances were said to be accelerated by 72 NVIDIA Blackwell Ultra GPUs.

NBIS said it plans to make NVIDIA Blackwell GPU capacity generally available to its US data centers by the second quarter of the year, with its New Jersey data center expected to be exclusive to the platform’s GPUs. Meanwhile, its facility in Kansas will deploy NVIDIA HGX B2000.

Meanwhile, NBIS was also named an ecosystem partner for the NVIDIA Dynamo Inference Engine, an open-source framework for the deployment of generative AI that increases DeepSeek-R1 throughput by 30x on NVIDIA Blackwell.