Why Nebius Group Stock Fell 11% in December

    Key Points Shares of Nebius Group (NASDAQ: NBIS) were sliding last month even though there was no company-specific news out on the stock. Instead, AI infrastructure stocks like Nebius fell broadly after Oracle reported disappointing results in its first-quarter earnings report. The results and its guidance cast doubt on the momentum in the “neocloud” sector,…

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      Rupee falls 3 paise to 89.90 against US dollar in early trade

      The rupee fell 3 paise to 89.90 against the US dollar in early trade on Thursday weighed down by a rise in global crude oil prices and FII outflows. A strengthening dollar and weaker sentiments in the domestic equity markets put additional pressure on the rupee, forex traders said. At the interbank foreign exchange, the…

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