Nvidia-backed stock soars over 40% in a week

Back in February, Finbold reported that Nebius Group NV (NASDAQ: NBIS) was officially added to Nvidia’s portfolio, marking one of the clearest AI infrastructure plays linked to the GPU giant.As global demand for compute power accelerates, Nebius appears well-positioned to ride the wave, and markets are taking notice.Nebius is rapidly emerging as one of this month’s hottest AI trades, with shares soaring +85% over the past 30 days and 42% in the last week driven by bullish momentum around the company’s U.K. ...