🔴 NBIS is trading 9% down today on profit-taking after its $27B Meta AI deal surge

NBIS is trading at $118.31 (-8.89%) as investors lock in gains following yesterday's 15% rally driven by a landmark $27B Meta AI infrastructure deal.

• The multi-year contract secures dedicated NVIDIA GPU capacity for Meta starting in 2027, signaling massive long-term demand despite the immediate cooling of AI hype.
• Today's decline appears to be a technical correction rather than fundamental weakness, as broader markets remain positive with the S&P 500 up 0.67% and Nasdaq up 0.72%.