Stock Market Today, Aug. 12: Nebius Group Surges on Massive Revenue Growth

Published August 12, 2026 · Category: Finance

Overview

Nebius Group (NASDAQ:NBIS), an AI cloud infrastructure provider, closed at $259.20, up 34.14%. Second-quarter results showed 454% revenue growth, positive adjusted EBITDA, and the company reaffirmed full-year revenue guidance. A recent $1 billion-plus computing deal was just one of the contributing deals.
Trading volume reached 60.6 million shares, coming in about 192% above its three-month average of 20.7 million shares.

The S&P 500 (SNPINDEX:^GSPC) rose 0.27% to 7,749, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.54% to 26,588. Within AI infrastructure and cloud services, CoreWeave (NASDAQ:CRWV) closed at $107.73, up 19.28%, and Oracle (NYSE:ORCL) finished at $153.28, higher by 5.36%, as investor appetite for neocloud and database software names stayed strong.

Details

Nebius Group reported stronger-than-expected second-quarter revenue and positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization).

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Source

Originally published at www.fool.com.

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