Nvidia disclosed a 9.3% stake in Nebius, including a $2 billion investment, forming a strategic AI cloud partnership to deploy over 5 gigawatts of Nvidia systems by 2030. Samsung introduced the Galaxy Card in the U.S., offering up to 5% cash rewards and integration with Samsung Wallet, competing with Apple Card. Cracker Barrel expects to exceed its revenue and adjusted EBITDA forecasts, helped by a $77 million sale-leaseback of 26 stores and the divestiture of Maple Street Biscuit Company, with plans to reduce debt using the proceeds.
Nebius shares surged 7% in premarket trading after Nvidia disclosed a 9.3% stake in the Amsterdam-based AI cloud company. Nebius, a leading European neocloud provider, has seen its stock rise nearly 250% over the past year, driven by strong demand fo...
Nebius (NBIS) has been upgraded to a Buy rating following a recent sell-off exceeding 40%, which created an attractive entry point amid strong long-term prospects in AI cloud computing. The company secured $775 million in debt financing backed by cus...
