Keyword → NBIS

Nasdaq-100 Adds CoreWeave, Astera Labs, Rocket Lab in First Rank-Based Rebalance — Drops Zscaler, Cognizant, Charter

The Nasdaq-100 added Astera Labs, CoreWeave, Nebius Group, Rocket Lab, and Teradyne while removing Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler, effective at today's open. It marks the first rebalance under Nasdaq's new rank-based quarterly methodology adopted in May 2026, tilting the index further toward AI infrastructure. The S&P 500 made a separate two-stock swap the same day, triggering forced buying and selling from index funds tracking roughly $800 billion in assets.

Meta Platforms Surges on Report of 20% Workforce Reduction to Offset Surging AI Infrastructure Costs

Meta Platforms shares climbed more than 2% Monday after Reuters reported that top executives have directed senior leaders to begin planning layoffs affecting at least 20% of the company's roughly 79,000 employees — a move analysts say would be the largest restructuring since Meta's 2022 'Year of Efficiency.' The cuts are designed to offset the company's $115 to $135 billion capital expenditure plan for 2026, driven by a massive push into generative AI infrastructure and the newly formed Meta Superintelligence Lab.

NVIDIA Commits $2 Billion to Nebius in AI Data Center Partnership Targeting 5 Gigawatts by 2030

NVIDIA announced a $2 billion strategic investment in Amsterdam-based AI cloud provider Nebius Group on Wednesday, deepening a partnership aimed at deploying more than 5 gigawatts of NVIDIA-powered AI infrastructure by the end of 2030. Nebius shares surged more than 10% on the news, as the deal reinforces NVIDIA's strategy of investing in companies that purchase its chips at hyperscale.

Nvidia Reports Fiscal Q4 Earnings After the Bell, AI Industry Watches Closely

Nvidia is set to release its fiscal fourth-quarter results after Wednesday's closing bell, with analysts expecting revenue of approximately $65.7 billion — a roughly 67% year-over-year surge — fueled by relentless demand for its Blackwell AI chips. The report is widely regarded as a referendum on the sustainability of the global AI infrastructure spending boom, with hyperscalers committing a collective $650 billion in AI capital expenditures for 2026.