{
  "id": 19712813,
  "title": "Nebius Crashes 20% as Jensen Huang Shock Rocks AI Stocks: One ETF Is Having a Field Day",
  "url": "https://urgent.news/2026/11/12/nebius-crashes-20-as-jensen-huang-shock-rocks-ai-stocks-one-etf-is",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-12T20:56:50.000Z",
  "source": {
    "name": "Benzinga",
    "slug": "benzinga",
    "url": "https://www.benzinga.com/etfs/specialty-etfs/26/11/63220058/nebius-crashes-20-as-jensen-huang-shock-rocks-ai-stocks-one-etf-is-having-a-field-day"
  },
  "original_language": "en",
  "account": "On Thursday, the Tradr 2X Short NBIS Daily ETF (NBIZ) saw a significant increase of around 39%, as shares of Nebius Group (NBIS) plummeted nearly 20%. The decline in Nebius stock followed disappointing forward guidance and new turbulence in U.S. AI infrastructure stocks after the unexpected resignation of NVIDIA Corp.'s CEO, Jensen Huang.\n\nNebius reported a strong third-quarter revenue of $980.8 million, which was 571% year over year and exceeded analyst estimates of around $907.5 million. However, the company reduced its 2026 revenue guidance to $3 billion-$3.2 billion, down from the previous forecast of $3.4 billion. This adjustment was prompted by delays in implementing some third-party data center capacity, now expected to be operational in the first half of 2027.\n\nDespite the short-term setbacks, Nebius anticipates $12 billion-$13 billion in revenue for 2027 and aims to achieve pre-tax break-even by year-end. The resignation of Jensen Huang further added to the neocloud rout, particularly affecting neocloud companies with close ties to NVIDIA. CoreWeave (CRWV) experienced a sharp decline, while Nebius plummeted nearly 20%. Additionally, IREN Ltd. (IREN) faced pressure from the leadership uncertainty surrounding NVIDIA.",
  "summary": "The Tradr 2X Short NBIS Daily ETF (BATS: NBIZ ) emerged as Thursday’s top-performing fund , surging approximately 39% as Nebius Group (NASDAQ: NBIS ) shares plunged nearly 20%. The Nebius sell-off followed disappointing forward guidance and fresh turbulence across U.S. AI infrastructure stocks after NVIDIA Corp.’s (NASDAQ: NVDA ) CEO Jensen Huang’s sudden resignation. • Tradr 2X Short NBIS Daily…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}