Nebius Group’s AI Strategy Fails to Lift Volume as Stock Ranks 50th in Market Activity

. 18, , , ranking 50th in market activity. The stock's performance followed mixed signals from recent corporate developments and market sentiment shifts.

Recent updates highlighted the company's strategic pivot toward AI infrastructure optimization, with executives emphasizing cost-reduction initiatives across cloud operations. Analysts noted that while these measures aim to stabilize margins, their long-term impact remains uncertain amid broader sector volatility. A pending partnership review with a major Asian tech firm also drew investor scrutiny, though no concrete timelines were disclosed.

Market participants observed reduced short-term trading activity as institutional investors adopted a cautious stance ahead of Q3 earnings reports. The stock's limited volume spike contrasted with historical patterns, suggesting a potential consolidation phase. However, no significant regulatory announcements or supply changes were reported during the period.

To ensure we structure the back-test exactly the way you have in mind, could you please help me confirm a couple of details? Market universe: Do we look at all U.S. listed common stocks (NYSE + NASDAQ) or a different universe? ADRs / ETFs excluded? Trade timing logic: Do we buy the selected 500 names at the close on the ranking day and exit them at the next day’s close (i.e., 1-day holding period)? Or do we enter at the next day’s open and exit at that day’s close? Position sizing: Equal-weight each of the 500 stocks (i.e., ? Rebalance daily to the new top-500 list? Once I have these points pinned down I can generate the data-retrieval plan and run the back-test.