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Why Nebius Group Stock Soared Higher Today

TheMotleyFool

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Why Nebius Group Stock Soared Higher TodayPhoto, wide shot, wide-angle lens, Software company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/70b5df15-67cc-4a1b-af41-3596614daf77.png

Shares of artificial intelligence (AI) cloud service provider Nebius Group (NASDAQ: NBIS) are surging today. The stock jumped after one independent equity research firm began coverage on the stock with a very bullish outlook.

Nebius stock was trading higher by 19.5% as of 11:05 a.m. ET.

Image source: Getty Images.

Source Fool.com

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