Nebius (NBIS) stock lifts on Orbis stake filing as AI-linked names firm
Nebius Group shares rose 2.6% to $100.05 Wednesday after Orbis Investment Management disclosed a 1.5% stake in a regulatory filing. Trading volume topped 10 million shares. Investors are watching Nvidia’s results next week for signals on AI spending and chip supply. Nebius reported Q4 revenue of $227.7 million, up 547% year-over-year.