From Yahoo Finance: 2025-05-08 01:48:00

On Wednesday, Nebius Group N.V. (NBIS) saw a 9.62% surge, closing at $27.45 per share after a strategic investment by Jeff Bezos’ Bezos Expeditions and Shopify’s CTO in their AI data solutions business Toloka. Toloka aims to scale up and meet growing demand for AI data solutions globally, with a new executive chairman joining the board. Despite its potential, NBIS ranks 8th among Wednesday’s best-performing stocks, with AI stocks offering potentially higher returns in a shorter timeframe. Check out the report on the cheapest AI stock trading at less than 5 times earnings for a more promising investment opportunity.



Read more at Yahoo Finance: Why Nebius Group N.V. (NBIS) Skyrocketed On Wednesday