Nebius Climbs 12%, CoreWeave, Teradyne, Astera Labs, Rocket Lab Rise Ahead of Nasdaq 100 Inclusion

$NEBIUS (NBIS.US)$shares are surging on Monday as traders anticipate the upcoming$NASDAQ 100 Index (.NDX.US)$index reconstitution and what it can mean for forced passive-fund buying ahead of the change taking effect. The move is getting extra lift from a risk-on tape, with the Nasdaq-100 up 2.75% in the regular session.

Here's what investors need to know.

• Nebius Group stock is showing exceptional strength. Why is NBIS stock surging?

What Is Driving Nebius Group's Nasdaq-100 Inclusion?

Nasdaq's quarterly reconstitution adds Nebius to the Nasdaq-100, effective before the market opens June 22, a setup that can pull in incremental demand as...