Nebius Group is trading at $197.94 (+5.42%) in pre-market, staging a recovery following a sharp pullback on July 24.
- The move appears to be a technical rebound within the volatile AI sector, as no fresh company-specific announcements or earnings releases have been reported.
- Broader risk appetite is firming, with Nasdaq futures up 1.41% and technology sentiment bolstered by a decline in oil prices.
- This positive market backdrop is helping high-beta AI names like Nebius Group catch a bid as investors rotate back into growth-oriented assets.