Nebius Group (NBIS) Surges 50% with Microsoft (MSFT) Deal

Nebius Group (NBIS) shocked investors with a major deal with Microsoft (MSFT), causing its stock to surge almost 50% this week. The deal, valued at more than Nebius’ market cap, involves cloud computing services for AI workloads. The company plans to secure more long-term contracts with leading tech companies.

Nebius Group sealed a five-year deal with Microsoft worth up to $19.4 billion, significantly higher than its $15 billion market cap. The company also announced a $1 billion public share offering and $2.7 billion in convertible notes. Founder Arkady Volozh anticipates more big deals in the future, driving stock potential.

Investors considering Nebius Group should note that it wasn’t among the Motley Fool Stock Advisor’s 10 best stocks to buy now. The analyst team identified other stocks with potential for significant returns. Stock Advisor’s average return is 1,066%, outperforming the S&P 500. Consider joining Stock Advisor for their latest top 10 list.