On June 18, NEBIUS rose 5.88% in regular trading, trading at $293.56/share, with turnover of $839 million.
On the news front, Nasdaq previously announced its quarterly rebalancing results confirming NEBIUS will be added to the Nasdaq 100 Index, with the adjustment taking effect before market open on June 22. The inclusion is expected to attract significant passive index fund allocation demand from over $800 billion in globally managed assets tracking the index, providing sustained upward pressure on the stock price.
Additionally, the company recently completed its full acquisition of AI firm Eigen AI for a total consideration of $643 million, aimed at strengthening its Token Factory inference platform globalization capabilities and establishing a North American R&D center in the San Francisco Bay Area. This acquisition follows the previously announced $2.2 billion UK computing infrastructure expansion plan to deploy three new NVIDIA full-stack AI factory sites with a combined capacity of 65 megawatts. The company also reported Q2 compute leasing contract renewal rates exceeding market expectations, while the broader cloud computing services sector traded higher in a coordinated move, further amplifying gains.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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