NBIS is trading 5.4% up now at $123.55, continuing its strong momentum from the past week where it has surged over 16% in three trading sessions. The stock is benefiting from the broader technology sector rally, with NASDAQ up 1.62% today driven by optimism over potential U.S.-China trade progress and anticipated Fed rate cuts. Additionally, positive analyst coverage highlighted NBIS's transformative $17.4 billion Microsoft AI infrastructure contract, which drove a 350% surge in 2025, though concerns about sustainability remain due to high CAPEX spending and negative operating cash flow.