On July 31, NEBIUS rose 8.13% in regular trading, trading at approximately $190.23/share, with turnover of $978 million, extending the prior session's surge of over 30%.

On the news front, Microsoft's latest earnings report showed Azure and other cloud services revenue grew 43% year-over-year, with annual Azure revenue surpassing $100 billion for the first time. This data validates sustained global AI infrastructure demand and has lifted sentiment across the cloud computing sector, particularly benefiting next-generation cloud service providers like NEBIUS.

Additionally, NVIDIA previously disclosed holding a 9.3% stake in NEBIUS, totaling approximately 22.26 million shares valued at over $4 billion. Baird initiated coverage with an Outperform rating, with analysts setting a mean target price of $270.80, implying significant upside from current levels. These multiple positive catalysts have continued to accumulate, providing sustained upward momentum for the stock following a brief pullback of over 10% earlier in the week.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)