Nebius Surges on NVIDIA Stake Disclosure, CoreWeave and Oracle Rise as AI Cloud Stocks Gain Momentum
Nebius Group's stock surged 16% after NVIDIA disclosed a 9.3% stake in the company through a Schedule 13G filing, signaling strong investor confidence in its AI cloud capabilities. CoreWeave also rose by 8%, while Oracle gained 5%. The rally highlights growing momentum for AI-focused cloud computing firms.
Tickers: $CRWV $NBIS $NVDA $ORCL
Topics: AI cloud plays market reaction NVIDIA stake disclosure