Nvidia Raises Nebius Stake, but Can NBIS Stock Break $200?

TLDR Nvidia increased its passive Nebius stake to 9.3%, covering approximately 22.25 million Class A shares. NBIS stock rose 6.61% in premarket trading to $194.70 after closing Monday at $182.62. Freedom Capital upgraded Nebius to “Buy” and raised its price target from $159 to $200. Nebius secured $775 million in debt financing to expand its [...]

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