Nebius Stock Sets New High After Nvidia Comments Fuel Wall Street Interest
Nebius soared to an all-time high of $264.51 after Nvidia CEO Jensen Huang called it a “world-class AI cloud” and a major AI fund disclosed a 5.6% stake, as investors cheered surging Q1 revenue and a new $20–25 billion capex plan, but flagged risks from rising costs and the need for more funding.