🔴 Nebius Group is trading 3.28% down today as rising Treasury yields pressure growth-stock valuations

Nebius Group is trading at $8.85, down 3.28%, as rising Treasury yields and stronger business activity data pressured equity valuations.

• The Nasdaq was down 1.05%.
• Higher oil prices and renewed geopolitical uncertainty added to the risk-off tone.
• The positive September 17 GPU-price announcement is stale and does not explain today’s decline.