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Stock impact report

Could Investing $10,000 in Nebius Stock Make You a Millionaire? [Yahoo! Finance]

Nebius Group N.V. - Class A Ordinary Shares (NBIS) 
Company Research Source: Yahoo! Finance
It could generate big multibagger gains over the next few decades. 10 stocks we like better than Nebius Group › Nebius (NASDAQ: NBIS) generated some massive gains over the past year. It was once known as Yandex, which owned Russia's top search engine and a broad range of websites, apps, and cloud-based services. But its shares were suspended in early 2022 as the sanctions against Russia devalued the Russian ruble and halted its expansion plans. To survive that existential crisis, it divested its Russian assets, kept its non-Russian businesses, and rebranded itself as Nebius, an Amsterdam-based provider of cloud infrastructure services for the artificial intelligence ( AI ) market. After that restructuring, it returned to the Nasdaq on Oct. 21, 2024, and resumed trading at $14.29 per share. Today, Nebius' stock trades at about $98. A $10,000 investment on its first trade would be worth more than $68,500 today. Let's see why Nebius attracted a stampede of bulls -- and if a fres Show less Read more
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