Nebius Group (NBIS) Jumps 8.7% on AI Buying Spree

Group 1 - Nebius Group NV (NASDAQ:NBIS) experienced a significant increase of 8.72% on Thursday, closing at $132.64, driven by investor interest in AI stocks amid heightened dealmaking activities in the sector [1][3] - The company secured an $18 billion cloud computing deal with Microsoft Corp., enhancing its position in the growing AI market [2] - Nebius Group plans to deliver capacity from a new data center in Vineland, New Jersey, with funding sourced from cash flow generated by the deal and debt issuance [3] Group 2 - Last month, Nebius Group raised $1.15 billion through the issuance of convertible senior notes and the sale of over 1.6 million shares, totaling $150 million, to support its growth initiatives [4] - The company may explore additional financing options to accelerate its growth beyond initial projections [4]