Nebius Lifts Power Target to 5 GW After Record Quarter

Source: Biztoc.com· finance.yahoo.com· August 12, 2026

This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS) rose 15.78% premarket after the Amsterdam-based AI cloud provider reported second-quarter revenue of $582.3 million, up 454% year over year and ahead of the analyst consensus of $569.89 mill…

This story was reported by Biztoc.com. Read the full original article:

Read on Biztoc.com

More in Business & Funding

View all

Google Gemini Just Hit One Billion Monthly Users in Record Speed

Gemini's user growth seems to be accelerating while reports claim competitor ChatGPT is slowing down.

Gizmodo.com · Aug 12, 2026

Borr Drilling Q2 Earnings Call Highlights

Borr Drilling (NYSE:BORR) reported lower second-quarter adjusted EBITDA and a wider net loss as rig transitions, startup costs for the Odin rig, higher fuel...

MarketBeat · Aug 12, 2026

American Integrity Insurance Group Q2 Earnings Call Highlights

American Integrity Insurance Group (NYSE:AII) reported record second-quarter earnings and voluntary new-business production, as the Florida-focused property...

MarketBeat · Aug 12, 2026

Adecoagro Q2 Earnings Call Highlights

Adecoagro (NYSE:AGRO) reported record consolidated adjusted EBITDA of $173 million for the second quarter and $258 million for the first half of 2026, led by...

MarketBeat · Aug 12, 2026