Nebius Group N.V. is trading 5.6% up at $279.44 in pre-market, extending a sharp multi-day rally powered by intense AI infrastructure enthusiasm and recent bullish coverage.

  • The stock hit new highs following a 14.46% jump on June 1, 2026, after Nvidia CEO Jensen Huang highlighted Nebius as a significant neocloud player.
  • Investor sentiment remains strong after disclosures showed AI-focused hedge fund Situational Awareness LP built a stake in the company, driving continued momentum buying.