Nebius Group is trading 10.7% higher at $208.59 in pre-market, driven by sustained investor confidence following its recent $1 billion AI cloud partnership with Reflection AI.
- Momentum is also fueled by the launch of its next-generation Nvidia-powered AI infrastructure in Finland, further strengthening its position in the AI cloud market.
- Broader strength in AI and cloud infrastructure sectors, coupled with positive tech indices and futures, provides additional tailwinds for the stock.