What Is NBIS, and Why Are Traders Talking About This Stock?

NBIS kept showing up in my feed, so I looked into it. Here is the plain version.

NBIS is Nebius Group, an Amsterdam-based AI cloud infrastructure company listed on the Nasdaq. It builds the GPU clusters and cloud platforms that AI developers rent to train and run models. The backstory is wild: it is the former Yandex, often called Russia's Google, which divested its Russian assets after the 2022 invasion and relisted in late 2024 as a pure-play AI-infrastructure company under its founder Arkady Volozh.

Why traders are talking: it has an Nvidia partnership, big contracts with names like Meta and Microsoft, and revenue that grew enormously. The stock has run hard and is very volatile.

The other side: huge capital spending, reliance on a few big clients, and a stretched valuation. Some call it the next AWS, others a cautionary tale.

As a crypto trader I can trade the price either way with USDT futures, price exposure not shares, leverage included. Not a guarantee. Always do your own research.