Why These 10 Stocks Soared by Double Digits Today

6. Nebius Group N.V. (NASDAQ:NBIS)

Nebius Group extended its winning streak for a fifth consecutive day on Monday, jumping 17.93 percent to finish at $33.34 apiece as investors snapped up shares following news that one of its subsidiaries is planning to raise hundreds of millions in fresh funds that could potentially push its valuation to $6 billion.

According to reports, ClickHouse is in advanced negotiations with key investors to raise funds to grow its presence in the competitive data analytics market.

Following the report, Nebius Group N.V. (NASDAQ:NBIS) earned a “buy” recommendation from DA Davidson, coupled with a higher price target of $35 versus the $30 previously.

In other recent news, Nebius Group N.V. (NASDAQ:NBIS) welcomed another key investment from billionaire Jeff Bezos for its subsidiary, Toloka, with participation from Shopify’s chief technology officer, Mikhail Parakhin.

The investment marked a pivotal step for Toloka as it is expected to scale up and sharpen its strategic focus amid accelerating global demand for reliable, high-quality AI data solutions.