Overlooked and Undervalued: 1 AI Stock Worth Considering
Nebius Group (NASDAQ: NBIS) may be the biggest technology company you didn't even realize you already knew. The artificial intelligence (AI) infrastructure company has only been public in that name since last October. But it was a major global player in internet search before that.A restructuring that came after Russian search engine company Yandex was forced to break up may now be giving investors an early investment opportunity. The Russian invasion of Ukraine led to a trading halt on Yandex shares. The company subsequently sold off all Russian assets to a Russian group.The restructured company resumed trading on the Nasdaq stock exchange last October as Nebius Group. Nebius founder and CEO Arkady Volozh resigned from all his positions at Yandex at that time.Continue reading
Nebius Group (NASDAQ: NBIS) may be the biggest technology company you didn't even realize you already knew. The artificial intelligence (AI) infrastructure company has only been public in that name since last October. But it was a major global player in internet search before that.
A restructuring that came after Russian search engine company Yandex was forced to break up may now be giving investors an early investment opportunity. The Russian invasion of Ukraine led to a trading halt on Yandex shares. The company subsequently sold off all Russian assets to a Russian group.
The restructured company resumed trading on the Nasdaq stock exchange last October as Nebius Group. Nebius founder and CEO Arkady Volozh resigned from all his positions at Yandex at that time.
