On July 9, NEBIUS rose 3.24% in pre-market trading, trading at approximately $223.4/share, with turnover of $11.33 million. The stock extended its recent recovery from deeply oversold levels, supported by multiple positive factors.

On the news front, an analyst explicitly noted that Meta does not have excess computing capacity available for external sale, directly alleviating the market's core concern that Meta's entry into compute leasing would pose direct competition to NEBIUS. The stock had suffered a cumulative decline exceeding 20% since July 1, when reports emerged that Meta was building an internal compute commercialization unit. Following that sharp selloff, technical recovery momentum has continued to build, with options market sentiment also shifting toward a bullish bias.

BNP Paribas maintains a positive view on the company's long-term fundamentals, and the AI compute pricing environment remains characterized by tight supply-demand dynamics, further supporting the rebound. NEBIUS operates as an AI-centric cloud platform providing full-stack infrastructure including large-scale GPU clusters and cloud services for intensive AI workloads.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)