
Stock Market Today: Nebius Soars on $19.4B Microsoft AI Deal

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Nebius Group NV's stock surged 49.4% to $95.72 after announcing a $19.4 billion multi-year deal with Microsoft for GPU cloud infrastructure. Trading volume reached 87.6 million shares, significantly above its average. The broader market also saw gains, with the S&P 500 up 0.27% and the Nasdaq Composite up 0.37%. Other peers like CoreWeave and DigitalOcean also experienced increases, but Nebius's growth was notably higher, driven by excitement over its partnership with Microsoft.
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