Nebius Group is trading at $162.01, a -5.80% move in after-hours trading, as Microsoft’s quarterly capital spending fell short of estimates and delayed third-party capacity deliveries raised questions about AI infrastructure expansion and neocloud demand.

  • Nebius was among affected stocks; no company-specific announcement was identified for the after-hours move.
  • Weakness in software and broader technology shares added pressure after major cloud-company earnings fueled concerns about AI spending and returns; the regular-session decline was 5.68%.