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Why Nebius Rallied Today

TheMotleyFool

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Why Nebius Rallied Today: https://g.foolcdn.com/editorial/images/848275/gettyimages-1809660148-1.jpg

Shares of European AI "neocloud" Nebius Group (NASDAQ: NBIS) rallied on Friday, up 13.7% as of 2:54 p.m. EDT.

One of Nebius' neocloud peers received an analyst upgrade today; meanwhile, another sell-side analyst identified Nebius as a potential acquisition candidate for 2026.

First, Nebius was likely up in part due to widespread strength throughout the AI infrastructure sector today. This cohort of stocks has had a fantastic year, but recently ran into weakness after debt investors balked at lending to AI data centers in recent weeks. Others have fretted about any company with ties to OpenAI and its ambitious spending plans.

Source Fool.com

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