U.S. Stocks Open Higher; Nebius Sinks as It Intends to Raise $3.75 Billion Via Convertible Loan

Tiger Newspress
Mar 17

US stocks rose on Tuesday as Wall Street built on the momentum seen in the previous session amid developments in the Iran war.

The broad market index rose 0.5%, while the Nasdaq Composite climbed 0.4%. The Dow Jones Industrial Average added 329 points, or 0.7%.

Nebius, Europe's largest AI infrastructure ​firm, said on Tuesday it aims ​to raise $3.75 billion via a convertible ⁠loan offering. The shares sank about 8%.

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