Nebius: Why This Stock Is My Largest Holding

Core Viewpoint - Nebius Group N.V. (NBIS) experienced significant volatility in its share price during the second half of 2025, influenced by fluctuating AI sentiment and investor uncertainty regarding the future of neocloud operators [1] Group 1: Company Performance - The shares of Nebius Group N.V. saw wild swings, indicating a high level of market speculation and investor reaction to AI trends [1] Group 2: Industry Context - The performance of neocloud operators, including Nebius Group, is closely tied to the broader sentiment surrounding artificial intelligence, which has been variable [1]