US Stock Market Move | Reached an agreement with Bloom Energy to provide AI infrastructure power supply, NEBIUS (NBIS.US) soared by over 17% in early trading.
On Thursday, NEBIUS (NBIS.US) soared over 17% in the morning session, accumulating a 170% increase so far this year, currently trading at $226.57.
On Thursday, NEBIUS (NBIS.US) surged over 17% in early trading, with a year-to-date increase of 170%, now trading at $226.57. In terms of news, NEBIUS stated in documents submitted to the Securities and Exchange Commission that its subsidiary had signed a main fuel cell capacity agreement and related system orders with Bloom Energy on May 14. During the term of the agreement, NEBIUS will pay a monthly service fee totaling up to $2.6 billion for the purchase of capacity and power supply systems. The provided power capacity is expected to come online in three phases, guaranteeing a capacity of around 250 megawatts, with a system installation capacity of approximately 328 megawatts. Bloom Energy will be responsible for installing, operating, and maintaining the power supply system.
Related Articles
US Stock Market Move | Most popular Chinese concept stocks are mostly falling. New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) fell more than 5%.
ZXZN QI-HOUSE(08395): Intends to acquire all shares of investment in Dianshi Technology, trading will resume on May 22nd.
NIO Inc. Sponsored ADR Class A (NIO.US) CFO Qu Yu: Services and community-related business enter a new stage, hopes to maintain gross profit level around 20% this year.
US Stock Market Move | Most popular Chinese concept stocks are mostly falling. New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) fell more than 5%.
ZXZN QI-HOUSE(08395): Intends to acquire all shares of investment in Dianshi Technology, trading will resume on May 22nd.
NIO Inc. Sponsored ADR Class A (NIO.US) CFO Qu Yu: Services and community-related business enter a new stage, hopes to maintain gross profit level around 20% this year.
