We recently released a list Why these 10 stocks soar today. In this article, we will explore the position of Nebius Group NV (NASDAQ:NBIS) with other best-performing stocks on Wednesday.

Stocks rebounded Wednesday, with all major indexes ending in green as investors cheered for the Fed's decision to keep interest rates unchanged.

On Wednesday afternoon, the Fed kept interest rates within the 4.25% to 4.5%, saying it was not in a hurry to lower rates and could still "wait and see" the impact of President Donald Trump's tariff policy.

Dow Jones rose 0.70%, the S&P 500 rose 0.43%, and Nasdaq rose 0.27%.

In addition to the main indexes, 10 companies stand out with strong earnings thanks to a range of new developments including new partnerships, optimistic outlook and impressive revenue performance. In this article, we list 10 of the best performing stocks on Wednesday and detail the reasons behind their earnings.

To put this list, we only considered stocks with a market cap of $20 billion and a trading volume of $5 million.

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Nebius Group rose 9.62% on Wednesday to finally $27.45 as investor sentiment is backed by billionaire Jeff Bezos’ investment in the company.

Nebius Group NV (NASDAQ:NBIS) said in a statement Wednesday that its AI data solutions business Toloka welcomed a strategic investment from Bezos Expeditions and participated in the participation of Shopify's chief technology officer Mikhail Parakhin.

This investment marks a critical step for Toloka as it is expected to accelerate its strategic focus on accelerating global demand for reliable, high-quality AI data solutions.

Upon completion, Parakhin will take on the role of executive chairman of the newly formed board.

According to Nebius Group NV (NASDAQ:NBIS), it will continue to hold a majority stake in Toloka, but it will give up most of its voting rights in Toloka because it aims to make the latter more independent while focusing on its core AI infrastructure business.

Overall, NBIS Ranked eighth On our list of top performing stocks on Wednesday. Although we acknowledge that the potential of NBI is an investment, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than NBI but have less than 5 times its earnings, check out our report Cheapest AI stocks.