Nebius Group is trading at $7.80 (+7.59%) as the stock extends its rebound from recent AI infrastructure weakness and sector-wide volatility.

  • The move appears consistent with a broader risk-on trade in the AI and cloud sectors, with the software sector rising 3.02% overall.
  • The stock continues to recover from a previous selloff tied to concerns over AI cloud economics and credit-default swaps.
  • This extension follows a significant 26.6% gain on July 31, signaling a sustained recovery despite a lack of new company-specific catalysts.