10 Firms Close Shortened Trading Week Higher

4. Nebius Group NV (NASDAQ:NBIS)

Nebius Group (NBIS), a company specializing in building infrastructure to support Artificial Intelligence, grew its share price by 7.94 percent on Friday to finish at $33.18 each as investors resorted to bargain-hunting following a dip in the previous day’s trading.

The company also recently gained investor confidence after reports that Nvidia Corp. (NVDA), a leader in AI computing, has invested in Nebius Group.

Analysts said investors took Nvidia’s investment in Nebius as a cue to gobble up the latter’s shares, in hopes that it would propel Nebius’ growth similar to SoundHound AI, which in the past year alone, saw its shares surge by more than 649 percent, fueled by the booming AI sector.