We recently published a list of AI Stocks Dominate Wednesday’s 10 Worst Performers. In this article, we are going to take a look at where Nebius Group NV (NASDAQ:NBIS) stands against other AI stocks that dominate Wednesday’s worst performers.
Wall Street’s major indices ended in the negative territory on Wednesday as investors parked funds to minimize risks from the resumption of trade war among the world’s largest economies, with a fresh round of tariffs scheduled to be implemented next week.
The tech-heavy Nasdaq fell the hardest, down 2.04 percent, followed by the S&P 500, down 1.12 percent. The Dow Jones declined by 0.31 percent.
According to President Donald Trump, all vehicles made outside of the US would be slapped with a 25-percent tariff.
The broader market downturn spilled over into 10 companies—predominantly AI stocks—further dampened by a cautious outlook on the industry. In this article, we listed Wednesday’s 10 worst performers and detailed the reasons behind their drop.
To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.
13 AI News That Broke the Internet
Nebius Group NV (NASDAQ:NBIS)
Shares of Nebius Group fell by 9.05 percent on Wednesday to end at $24.71 apiece as investors sold off positions after earning a bearish outlook from a stock market expert.
In a recent episode of Mad Money, host Jim Cramer said he does not recommend stocks that are losing fortunes, “and Nebius is losing fortunes.”
“It’s a big money loser that people are buying because it’s part of all of everything that’s going on right now in the cloud. I don’t want to be a part of it,” he said.
In recent news, 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.
Overall, NBIS ranks 7th on our list of AI stocks that dominate Wednesday’s worst performers. While we acknowledge the potential of NBIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as NBIS but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.