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Why Nebius Group Stock Rocketed 11% Higher This Week
An investment in artificial intelligence (AI) infrastructure specialist Nebius Group (NASDAQ: NBIS) was looking like a smart move this week. That's because, according to data compiled by S&P Global Market Intelligence, over the period the company's share price ballooned by more than 11%. An investment from a high-profile business person was a significant catalyst behind the rise, but that wasn't the only factor.On Wednesday, news broke that no less a personage than Amazon founder and ex-CEO Jeff Bezos, in the form of his private investment business, had plowed some capital into Nebius.Continue reading
An investment in artificial intelligence (AI) infrastructure specialist Nebius Group (NASDAQ: NBIS) was looking like a smart move this week. That's because, according to data compiled by S&P Global Market Intelligence, over the period the company's share price ballooned by more than 11%.
An investment from a high-profile business person was a significant catalyst behind the rise, but that wasn't the only factor.
On Wednesday, news broke that no less a personage than Amazon founder and ex-CEO Jeff Bezos, in the form of his private investment business, had plowed some capital into Nebius.
