Nebius shares jump 7.11% as Nasdaq-100 inclusion fuels AI-cloud momentum

Nebius Group (NBIS) rallied 7.11% as investors reacted to its upcoming inclusion in the Nasdaq-100 Index. The move comes as the company’s AI cloud business posts rapid growth, including Q1 2026 revenue up 684% year over year, alongside its emphasis on technical self-reliance and strong institutional demand. The addition stems from Nasdaq’s quarterly index reconstitution, and the broader focus on other new constituents has also helped lift appetite for high-beta growth stocks.