Nebius (NBIS) stock is inching higher ahead of the artificial intelligence (AI) infrastructure firm’s inclusion in the Nasdaq-100 before market open on June 22.
Index inclusion is expected to generate significant mechanical buying pressure from passive funds and exchange-traded funds (ETFs). NBIS is being added alongside Astera Labs (ALAB), CoreWeave (CRWV), Rocket Lab (RKLB), and Teradyne (TER).