Nebius Group (NASDAQ: NBIS), one of the most exciting neocloud names in the world, exploded almost 34% on Aug. 12 following the release of its second-quarter results. The timing could hardly have been better for the company.
The stock had fallen significantly from its 52-week high, dragged down by the broad risk-off sentiment sweeping across the AI trade. Wednesday's surge changed that picture in a single session. But after a move this large, the big question now is whether this is the time to buy or if the easy money has already been made.
