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NASDAQ:NEB 17 June 2026

Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move

Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move

Nebius Group spiked in late Nasdaq action Wednesday after the Amsterdam AI cloud company wrapped up its purchase of Eigen AI. The company said the deal is aimed at moving Nebius further into AI software. Nebius shares climbed around 8.4% to $287.49, after hitting $297.75 intraday, according to the latest data. Nebius is set to join the Nasdaq-100 in a few days, a move that could bring in fresh demand from index funds and puts it alongside new AI infrastructure firms like CoreWeave and Astera Labs. Nasdaq has said the rebalance happens before the open on June 22. More than 200 products track the index, representing over $800 billion in assets worldwide.

Stock Market Today

  • Oil up 2% on Middle East worries, bonds hit as inflation jitters grow
    July 8, 2026, 12:12 AM EDT. Oil jumped 2% to $75.60 a barrel after fresh Middle East fighting and U.S. sanctions on Iranian crude raised flags about a fragile ceasefire and global supplies. Drawdowns in stockpiles are stoking inflation concerns, sending U.S. 10-year Treasury yields to a one-month peak near 4.565% as bond prices fall. Asian equities were mixed-Hong Kong traded higher but South Korea's tech-heavy index slid 1.5%. Shares in Samsung Electronics dropped 7% even after a sharp profit surge, weighing on the AI sector rally worldwide. The U.S. dollar firmed, hitting the euro and yen. Some strategists say geopolitical risks are adding to market recovery doubts, especially with U.S. Strategic Petroleum Reserve levels still low.
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