NBIS, AMZN, EBAY Stocks Hit 52-Week Highs Today: What's Causing The Surge?

Nebius deepened its AI plans, Amazon expanded its delivery network, and eBay received a huge buyout offer worth billions.
The Nebius Group logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
The Nebius Group logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
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Shivani Kumaresan·Stocktwits
Published May 04, 2026   |   10:59 PM EDT
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  • Nebius attracted investors’ attention with its $643 million acquisition of Eigen AI.
  • Amazon launched Amazon Supply Chain Services, giving companies access to its global logistics network.
  • eBay’s stock rose after GameStop made a $56 billion takeover offer valuing the company at $125 per share.  

Nebius Group (NBIS), Amazon (AMZN), and eBay (EBAY) rallied to fresh highs on Monday as investors focused on firms repositioning around artificial intelligence infrastructure, logistics expansion, and digital commerce consolidation.

While Nebius stock surged over 14%, Amazon and eBay recorded gains of over 1% and 5%, respectively. 

NBIS Pushes Into AI Efficiency Layer

Nebius has leaned deeper into AI optimization and advanced its AI strategy with a $643 million acquisition of Eigen AI on Friday, a firm focused on improving inference efficiency and reducing GPU compute costs.

The deal is meant to strengthen Nebius’s AI cloud platform by adding advanced optimization technology to its Token Factory tools. Together, the system will help run popular AI models like Llama, Qwen, and DeepSeek, which are widely used by businesses.

Nebius also shared new details about its $17 billion deal with Microsoft, signed last September. In its annual report, Nebius said it will receive $7 billion from the cloud computing giant. 

Retail sentiment around the stock shifted to ‘extremely bullish’ from ‘bullish’ territory the previous day. 

AMZN Turns Logistics Into A Service Platform

Amazon gained attention on Monday, after the tech and retail giant unveiled Amazon Supply Chain Services, opening its vast fulfillment and transport network, spanning air fleets and tens of thousands of trailers, to external enterprises. 

The service lets companies in industries like healthcare, car making, manufacturing, and retail use Amazon’s delivery and storage network. Like Amazon Web Services, the system was first built for Amazon’s own use before the company decided to offer it to other businesses.

At the time of writing, retail sentiment around Amazon remained in ‘extremely bullish’ territory. 

eBay Becomes Buyout Centerpiece

eBay stock gained on Monday after receiving a $55.5 billion acquisition proposal from GameStop (GME). The bid values eBay at $125 per share, offering a 50/50 mix of cash and GameStop stock, with shareholders able to choose the payment structure.

The proposal reflects a 46% premium over eBay’s Feb. 4, 2026, closing price, when GameStop began building its position. The video game retailer has since accumulated a 5% economic stake through derivatives and stock holdings.

The deal update sent retail sentiment around EBAY soaring to ‘extremely bullish’ territory. 

So far this year, NBIS has gained over 110%, while AMZN and EBAY stocks have grown by over 17% and 25%, respectively. 

Also See: Michael Burry Dumps GME Stake After $56B eBay Offer: ‘No Amount Of Cut Fat Makes This Deal Work’

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