Nebius Group N.V. shares rose 3.10% to $289.62 on Thursday, driven by the announcement of its upcoming inclusion in the Nasdaq-100 Index. The stock is trading 23.1% above its 20-day SMA ($233.76) and 132.2% above its 200-day SMA ($123.94), signaling a sustained long-term uptrend. The index change will take effect before the market opens on Monday, following Nasdaq's quarterly reconstitution.

Nasdaq-100 Index Inclusion Confirmed

The Amsterdam-headquartered AI cloud company will officially join the Nasdaq-100 Index. Market commentator Jim Cramer explicitly called the index change a "big deal." The inclusion has drawn notable attention as U.S. markets prepare to close Friday for Juneteenth National Independence Day.

Eigen AI Acquisition Finalized

The upward price movement also follows momentum from earlier in the week. Nebius announced it completed its acquisition of Eigen AI, an inference and model optimization firm, on June 10. The transaction, initially disclosed on May 1, received necessary regulatory approvals and satisfied customary closing conditions.

Short Interest Data Declines

Market data shows short interest in Nebius declined during the latest reporting period, falling to 44.30 million shares from 45.10 million shares. This short position represents 20.73% of the company's public float. Based on Nebius's average daily trading volume of 17.32 million shares, short sellers require approximately 2.56 days to cover their positions.

Critical Technical Levels for NBIS Stock

NBIS is in a powerful long-term uptrend, with the 20-day SMA above the 50-day SMA, and the 50-day SMA above the 200-day SMA—two bullish alignment signals. Momentum-wise, MACD is above its signal line and the histogram is positive, pointing to improving upside pressure.

With the stock near the top of its 52-week range ($43.89 low to $297.93 high), traders are watching for a breakout above the prior peak. Key resistance is at $297.93, while key support sits near $233.76.

Nebius Group has generated an average annual return of 27.12% over the past decade, outperforming the market by 13.52% on an annualized basis. The company currently holds a market capitalization of $58.39 billion. This performance highlights the significant impact of compounded returns on long-term equity growth.

Investment Growth Analysis

If an investor had purchased $1000 worth of Nebius Group stock ten years ago, the value of that holding would have increased substantially. Based on the current trading price of $234.00, the investment has grown to $10,970.73.

Key Performance Metrics

The following table outlines the financial performance of Nebius Group over the specified period:

The data illustrates how consistent annualized returns can substantially increase capital over time, emphasizing the importance of long-term investment strategies.