Nebius Group is trading 11.9% up at $213.06 after landing a $1 billion AI compute contract with Reflection AI.

  • The deal underscores surging demand for the company's AI infrastructure and continues a sharp multi-day rally for the stock.
  • Sentiment is further bolstered by broader strength in cloud and software sectors following strong AWS growth and industry-wide AI optimism.
  • Investor sentiment remains bullish while volatility stays elevated as the market reacts to the significant contract win.