Shares of Nebius Group N.V. (NBIS) jumped over 15% on Wednesday morning after reporting first-quarter results and announcing plans for a major new AI factory in Pennsylvania. The stock is currently trading at $206.08, up $26.97 or 15.06%, on the Nasdaq. It opened at $204.14 after closing the previous session at $179.11. The stock has traded between $34.45 and $210.00 over the past 52 weeks. Nebius...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.