NASDAQ: NBIS
Key Data Points
Nebius Group NV (NBIS +3.20%) skyrocketed 49.4% Tuesday to close at $95.72 after hitting a new intraday 52-week high of $98.68. Trading volume spiked to 87.6 million shares, far above its three-month average of 12.2 million, underscoring intense investor interest.
The broader market gained modestly, with the S&P 500 (^GSPC 1.01%) up 0.27% to 6,512.61 and the Nasdaq Composite (^IXIC 1.40%) higher by 0.37% to 21,879.49.
Peers also advanced, though by smaller margins. CoreWeave Inc (CRWV +0.41%) added 7.1% to $100.22, while DigitalOcean Holdings Inc (DOCN +1.62%) rose 3% to $34.32. Nebius's move far outpaced its competitors as excitement centered squarely on its latest partnership.
The jump followed news that Nebius secured a multi-year deal with Microsoft valued at up to $19.4 billion. The contract commits $17.4 billion through 2031 for GPU cloud infrastructure, with the option to expand further. Management highlighted the pact as a milestone that validates Nebius's position as a critical supplier of AI compute. Investors will watch execution on this large-scale partnership and demand trends for cloud AI workloads as the next catalysts.
Market data sourced from Google Finance and Yahoo! Finance on Tuesday, Sept. 9, 2025.
