Nebius Stock Climbs: Here's Why

Nebius Group N. V. stock is seeing a boost today. Why? Microsoft is getting a lot of NVIDIA chips from them. This is part of a big deal between the two companies. The deal is worth up to $19. 4 billion. It's all about AI. Microsoft wants to use Nebius's computing power for its AI projects. This includes large language models and a consumer AI assistant. Microsoft is also working with other companies like CoreWeave, Nscale, and Lambda. They are all helping Microsoft meet the growing demand for AI. This demand comes from products like GitHub Copilot and OpenAI's ChatGPT. So, Nebius is providing Microsoft with over 100, 000 Nvidia chips. This will help Microsoft free up its own servers. It's a win-win situation. If you're interested in buying Nebius stock, you can do so through a brokerage account. Many platforms allow you to buy fractional shares. This means you can own a part of a share without buying the whole thing. If you want to bet against the company, it's a bit more complicated. You'll need access to an options trading platform. You can either short sell the stock or buy a put option. As of now, Nebius stock is up by 3. 31%. It's trading at $119. 52.