Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity
Nebius closed at $259.66 after launching AI Cloud 3.6, but investors now face scrutiny over how quickly its Vineland, NJ site can convert contracted power—crucial for its $17.4B Microsoft deal—into live AI capacity, as policy risks and local opposition intensify and the stock trades at 9.91 times book value after a 455.9% annual gain.