New York, February 18, 2026, 15:27 (EST) — Regular session
- Nebius Group shares climbed during afternoon hours, pushing higher after a choppy week for the AI cloud company.
- Orbis Investment Management disclosed a 1.5% stake, according to a filing.
- Nvidia’s results are on deck next week, and traders are zeroed in on any signs about AI budgets and how chip supply is holding up.
Nebius Group N.V. shares picked up roughly 2.6% to trade at $100.05 Wednesday afternoon, following a new stake disclosure from Orbis Investment Management. AI-linked stocks also pushed higher, giving another boost to the name.
The stock’s been riding the AI buildout narrative, showing plenty of high-beta action. Announcements about spending, fresh capacity, or even speculation over where the next batch of chips lands — any of it can jolt the shares, even if there’s little in the way of direct company news.
This has suddenly come back into focus: the market’s latched onto “AI capex” again — Meta, Microsoft, the rest, how deep their pockets go, who’s actually supplying the hardware. Add in stake disclosures and filing season, and you get another spark, even if the actual figures barely move the needle.
Orbis Investment Management Limited disclosed holding 3,335,358 Nebius Class A shares—representing 1.5% of that class—in an amended Schedule 13G filed Feb. 17. The Schedule 13G is the U.S. disclosure form for investors claiming passive ownership and not aiming for control. (SEC)
Shares of Nebius ranged from $96.90 up to $104.39 during the session, with volume topping 10 million, market data showed.
Tech stocks pulled their weight Wednesday, nudging U.S. indexes higher. Nvidia and a handful of other chip names led the way, dialing down nerves over expensive AI bets. (Reuters)
Nvidia revealed a multi-year deal to deliver millions of AI chips—both current and next-generation—to Meta Platforms. That news reignited questions about just how aggressively the biggest buyers plan to scale up in 2026. (Reuters)
Nebius posted fourth-quarter revenue of $227.7 million—an eye-popping 547% jump from the same stretch last year. For the full year, revenue landed at $529.8 million. The cash-flow statement detailed roughly $2.1 billion in property and equipment purchases for the quarter, reflecting a major push to boost capacity. (Nebius)
Arkady Volozh, founder and CEO, told investors the company is tracking toward an ARR between $7 billion and $9 billion, citing a run-rate pulled from recent monthly revenue. Volozh highlighted a $3.7 billion cash balance, and said contracted capacity shipments to Microsoft and Meta hit their deadlines. (Nebius)
Still, chasing that growth story carries its standard hazards: heavier outlays before profits, the threat of dilution with any new capital raise, and possible hiccups if there are delays in power, property, or GPU deliveries. Any hint of caution from major AI buyers could slam these shares quickly.
CoreWeave shares climbed as well, with investors shifting funds back into AI infrastructure names. Peers were on the move, too. (Investopedia)
Nvidia’s quarterly numbers land on Feb. 25, and Wall Street will be tuning in; the report typically serves as a bellwether for AI compute demand and supply up and down the chain. (NVIDIA Newsroom)
