Nebius Jumps 11.22% as Neocloud and Chip Stocks Outpace Nasdaq
Photo: TokenPost
Nebius led an advance in neocloud, optical communications, storage and semiconductor shares during Tuesday’s U.S. session. Every listed stock gained at least 1.92%, exceeding the Nasdaq Composite’s 1.18% rise. The S&P 500 gained 0.60%, while the Dow Jones Industrial Average added 0.03% on Oct. 27. Nebius (NBIS) rose 11.22%, leading the listed neocloud stocks. Cipher Digital (CIFR) gained 9.99%, Galaxy Digital (GLXY) rose 9.57%, Applied Digital (APLD) advanced 9.42%, CoreWeave (CRWV) added 7.94% and IREN climbed 7.90%. In optical communications, Credo (CRDO) gained 10.77% and Astera Labs (ALAB) rose 10.47%.
Source: TokenPost
