Nebius Stock Jumps After Nasdaq-100 Adds AI Cloud Company
Nebius Group N.V. shares gained after Nasdaq said the Amsterdam AI cloud company will join the Nasdaq-100 Index in the benchmark’s June 2026 quarterly shakeup. Nebius finished Thursday at $222.24, up 4.98%. Google Finance had the shares at $235.05 pre-market Friday, up another 5.76%. Nasdaq said Nebius joins the index before the open on Monday, June 22, along with Astera Labs, CoreWeave, Rocket Lab and Teradyne. Charter Communications, Cognizant, Insmed, Verisk Analytics and Zscaler will be dropped. The Nasdaq-100 holds 100 of the biggest Nasdaq non-financial stocks and is tied to more than 200 products with over $800 billion under management worldwide, Nasdaq said.