U.S. cloud service upstart stocks extend premarket declines, with Nebius plunging over 20%.

November 12, according to BIT stock platform data, the pre-market decline of US cloud service emerging stocks further expanded, following Jensen Huang's resignation as NVIDIA CEO.

The Roundhill Neocloud ETF fell 12.5%. CoreWeave dropped 13.6%, IREN fell 8.1%, and Nebius plunged 20.1%.