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Nebius Group NV (NASDAQ:NBIS) shares climbed to a new 52-week high of $183.60 and is going higher during Wednesday’s session. The rally follows a period of intense institutional momentum.
The Nasdaq is up 1.42% while the S&P 500 has gained 1.11%.
Investors are positioning themselves ahead of the company’s first quarter of 2026 earnings report, confirmed for May 13.
- Nebius Group shares are testing new highs. Why are NBIS shares at highs?
Eigen AI Acquisition Fuels Sentiment
Residual excitement from the Friday acquisition of Eigen AI supports today’s price action. Nebius disclosed that the deal is valued at roughly $643 million in cash and Class A shares. The company stated the move …
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