Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move
Nebius shares surged 8.4% after closing its Eigen AI acquisition, just as the company prepares to join the Nasdaq-100 before June 22—a move expected to attract index-fund demand and spotlight Nebius among top AI infrastructure stocks, as investors focus on its ability to deliver capacity, manage costs, and maintain margins amid soaring revenue and major deals with Meta and NVIDIA.