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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 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.

Stock Market Today

  • Fed Chair First Meeting Sends U.S. Stocks Lower, Bonds, Gold, Dollar React
    June 17, 2026, 6:04 PM EDT. U.S. stocks fell sharply on Wednesday following the Federal Reserve's chair's inaugural meeting, continuing a historical trend of market weakness after such events. Investors grappled with cues from the Fed's policy signals, prompting moves in key assets: bonds saw mixed reactions, gold prices shifted as a safe haven, and the U.S. dollar fluctuated amid changing interest rate expectations. Market watchers parsed the Fed's tone for clues on future monetary policy, influencing portfolios across asset classes.

Latest articles

Arm spikes as Bernstein eyes $500 target on AI CPU demand

Arm spikes as Bernstein eyes $500 target on AI CPU demand

17 June 2026
Arm soared 5.69% to $418.88 after Bernstein hiked its price target to $500, citing a CPU “renaissance” driven by agentic AI and Arm’s power-efficient architecture; the rally comes as investors shift focus from graphics chips to CPUs, but risks remain from supply constraints and a reported FTC probe.
ServiceNow falls as software shares retreat on Fed-rate concerns

ServiceNow falls as software shares retreat on Fed-rate concerns

17 June 2026
ServiceNow plunged nearly 6% to $95.48, extending a two-day slide as investors dumped software stocks after the Fed signaled a more hawkish rate path, even as Benchmark raised its target to $130 and called ServiceNow a top large cap value pick; first-quarter subscription revenue jumped 22% but Middle East deal delays and the Armis acquisition pose risks to 2026 cash flow and margins.
SpaceX slides after Fed selloff hits post-IPO gains

SpaceX slides after Fed selloff hits post-IPO gains

17 June 2026
SpaceX tumbled 5% to close near $192 in its first full-session drop since going public, slipping below Amazon in market value as U.S. stocks fell after the Fed signaled a possible rate hike; volatility surged amid heavy options trading and analyst warnings of overvaluation following a $60 billion equity issue.
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