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Bloomberg94d agobullish
Nebius Reports 684% Sales Jump on AI Data Center Growth

(Bloomberg) -- Cloud computing provider Nebius Group NV reported a 684% jump in first quarter sales on increased demand for its data centers. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyRevenues reached $399 million for the quarter, the Amsterdam-based company said in a st

Nebius Reinforces 'Second Wave' Of The AI ETF Trade As Investors Look Beyond Nvidia Chips
Benzinga95d agoneutral
Nebius Reinforces 'Second Wave' Of The AI ETF Trade As Investors Look Beyond Nvidia Chips

The artificial intelligence (AI) ETF trade is increasingly broadening beyond semiconductor giants and hyperscalers. Investors are now broadening their focus beyond traditional AI semiconductor plays like Nvidia Corp (NASDAQ:NVDA) to companies that directly monetize surging AI demand through cloud infrastructure and compute services. That shift came into sharper focus Wednesday after shares of Nebius Group (NASDAQ:NBIS) jumped more than 14% in early trading following explosive quarterly results f

12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Benzinga95d agoneutral
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

Gainers Wolfspeed (NYSE:WOLF) stock moved upwards by 18.4% to $63.63 during Wednesday's pre-market session. The company's market cap stands at $2.5 billion. Nebius Group (NASDAQ:NBIS) stock moved upwards by 18.34% to $211.97. The company's market cap stands at $44.6 billion. As per the news, the Q1 earnings report came out today. Penguin Solutions (NASDAQ:PENG) stock rose 17.33% to $51.78. The market value of their outstanding shares is at $2.3 billion. Tower Semiconductor (NASDAQ:TSEM) shares m

Nebius reports higher quarterly capex on AI cloud expansion
Reuters95d agobullish
Nebius reports higher quarterly capex on AI cloud expansion

Nebius Group on Wednesday reported higher-than-expected first-quarter capital spending, driven by investments tied to the ‌procurement of graphics processing units and data center ‌hardware for its core AI cloud business. The company has grabbed a slice of ​the lucrative AI and cloud infrastructure market by providing Nvidia GPUs and computing platforms to developers. However, analysts have flagged Nebius' heavy capital spending as a major concern as the company aggressively ‌expands its global data ⁠center footprint, putting pressure on margins despite strong revenue growth.

Nebius Clarifai Deal Deepens AI Inference Stack And Token Factory Story
Simply Wall St.95d agoneutral
Nebius Clarifai Deal Deepens AI Inference Stack And Token Factory Story

Nebius Group (NasdaqGS:NBIS) is integrating Clarifai's engineering team and licensing its inference and compute orchestration technology. The move expands Nebius' AI inference capabilities and strengthens its Token Factory platform. This follows earlier coverage of the Eigen AI acquisition and large cloud contracts, marking another material step toward full stack AI solutions. Nebius Group enters this announcement with its share price at $179.11 and very strong recent performance, including...

Bank of America revamps Nebius stock price target ahead of earnings
TheStreet95d agoneutral
Bank of America revamps Nebius stock price target ahead of earnings

Nebius has had one of the more remarkable runs of any stock in the AI infrastructure space. Up more than 110% year to date and roughly 600% over the past year, the company is heading into its Q1 2026 earnings report on May 13 with enormous expectations built in. Bank of America just made those ...

Nebius Group (NBIS) Is Up 14.6% After Nvidia-Funded AI Pivot and Major Cloud Deals - What's Changed
Simply Wall St.98d agoneutral
Nebius Group (NBIS) Is Up 14.6% After Nvidia-Funded AI Pivot and Major Cloud Deals - What's Changed

Nebius Group recently deepened its AI push by acquiring Eigen AI for about US$643 million, securing very large multiyear AI compute contracts with Meta and Microsoft, and receiving a US$2 billion investment from Nvidia to expand its neocloud data center capacity. These moves are shifting Nebius from a pure infrastructure provider toward a higher-value AI platform model, potentially altering how it monetizes its massive contracted backlog and future capacity build-out. With Nebius’ Nvidia...

Nebius Group Recasts AI Future With Eigen AI Deal And Mega Partnerships
Simply Wall St.98d agobullish
Nebius Group Recasts AI Future With Eigen AI Deal And Mega Partnerships

Nebius Group (NasdaqGS:NBIS) announced a $643 million acquisition of Eigen AI, adding advanced inference and optimization technology to its AI platform. The company has secured multi billion dollar, long term contracts with Meta and Microsoft tied to its AI infrastructure and platform services. Nvidia is committing a $2 billion investment into Nebius, aligning with Nebius’s shift toward a Platform as a Service model. Nebius Group, traded as NasdaqGS:NBIS, is repositioning itself from a pure...

Nebius Group N.V. (NBIS): Order Book Turning Heads in Finance World
Insider Monkey100d agoneutral
Nebius Group N.V. (NBIS): Order Book Turning Heads in Finance World

We just covered Sell These 4 Stocks and Go All In on These 3 Stocks Before May 9th for 100x Returns? and Nebius Group N.V. (NASDAQ:NBIS) ranks 2nd on this list. Nebius Group N.V. (NASDAQ:NBIS) is attracting interest from finance influencers on social media because of the sheer scale of the company’s order book with […]

CoreWeave tops revenue estimates as AI boom supercharges cloud demand
Reuters100d agobearish
CoreWeave tops revenue estimates as AI boom supercharges cloud demand

CoreWeave Inc beat analysts' estimates for quarterly ‌revenue on Thursday, as the ‌specialized cloud provider tapped into strong demand ​for its high-performance computing services used to train and deploy artificial intelligence models. CoreWeave's core advantage lies in its specialized infrastructure and a close relationship with AI chip bellwether Nvidia, which grants it ‌early and large-scale ​access to the ​most sought-after ​AI hardware.The company reported ‌total revenue of $2.08 billion ​for the ​first quarter, compared with analysts' average estimate of $1.97 billion, according ​to data ‌compiled by LSEG.