US next-gen cloud stocks extended their pre-market losses, with Nebius down 13.4%.

on November 12, according to Bitget market data, U.S. new cloud-related stocks continued their pre-market decline following Nebius(NBIS.O)'s earnings release. Coreweave(CRWV.O) fell 10.1%, IREN dropped 6.6%, and Nebius declined 13.4%.