Business · Markets · 5 hrs ago
US markets rise on AI optimism as Nebius raises €250 million
US stock markets closed higher as investors remained optimistic about spending on artificial intelligence.
The mood also lifted some companies in the NeoCloud sector, which provides cloud services linked to AI.
Nebius raised €250 million, and investors saw renewed opportunities after a sell-off in the sector.
Boeing shares fell by more than 10%, making it one of the day’s biggest losers.
The market gains reflect continuing confidence in AI investment, while the fall in Boeing shares points to a sharp contrast among major stocks.
No further developments were specified.
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