Nebius Group is trading at $165.18, up 4.06%, with available reporting identifying no specific company event behind the gain. - On October 26, 2026, Reuters said Musk’s warning about industry failures and consolidation intensified concerns over debt-funded AI infrastructure and uncertain returns. - Reuters reported Nebius had fallen 3.4% in premarket trading; that earlier move differs from the provided live price. - Major U.S. indexes were also higher, supporting a broader risk-on backdrop.