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Why Did Nebius Stock Jump Today?

TheMotleyFool

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Why Did Nebius Stock Jump Today?Photo, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/ec495607-1e17-40ee-a41d-7726313a9707.png

Nebius Group (NASDAQ: NBIS) had high aspirations for its revenue cadence by the end of 2025. The artificial intelligence (AI) cloud infrastructure company just beat those expectations. That has shares rising today.

After jumping as much as 12%, Nebius shares have settled in with an 8.2% gain as of noon ET.

Image source: Nebius Group.

Source Fool.com

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