Nebius Group N.V. - Class A Ordinary Shares (NBIS)

Nebius Group N.V. (NASDAQ:NBIS) shares are rising Monday. The stock may be getting a boost after the company announced the expansion of its global AI infrastructure footprint with a U.K. deployment.

Nvidia is backing a new U.K. sovereign AI industry forum to help strengthen the country's domestic AI infrastructure.

Nvidia’s most recent 13F filing shows that at the end of the first quarter, the AI chipmaker owned 1.19 million Nebius shares valued at $25.13 million.

Nebius Group is playing a crucial role on the infrastructure side of artificial intelligence (AI).

Eleven large-cap stocks were top performers last week. Did you invest? ASTS, VG, NBIS, CRWV, CRDO, ON, GWRE, PAAS, DG, MDB, FERG all saw significant gains.

Wall Street ended Thursday’s session in the red, as investor caution ahead of Friday’s crucial jobs report.

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CoreWeave stock popped to a new all-time high on Tuesday. Nvidia-backed CoreWeave on Monday signed a long-term data center leasing deal with Applied Digital.

Nebius Group N.V. (NASDAQ:NBIS) shares are trading lower Monday after the company announced a $1 billion private convertible notes offering.

Uber stock fell more than 5% Thursday, following a report that Tesla will launch a limited version of its robotaxi service early next month.

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"CoreWeave exists because Nvidia wants it to exist," said an analyst describing how the chip maker aims to pressure cloud computing giants.

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Nebius stock jumped in Tuesday trading after the Nvida-backed AI cloud provider published its first quarter results in the morning. 

Nebius Group N.V (NASDAQ:NBIS) reported first-quarter financial results before the market open on Tuesday. Here's a rundown of the AI infrastructure company's report.