Nebius Group N.V. is trading 5.5% up at $296.47 in pre-market, extending a sharp multi-day rally. - The stock is benefiting from its upcoming Nasdaq-100 Index inclusion, triggering increased demand from index funds and momentum traders. - Additional momentum drivers include major AI infrastructure agreements with companies like Microsoft and Meta (reportedly up to a $27 billion deal with Meta), a $2 billion equity investment from Nvidia in March 2026, and robust Q1 2026 revenue growth of 684% year-over-year.