Nebius shares surged 34% after revenue jumped 454% year-on-year to $582 million, beating estimates. Strong AI cloud demand and improving profitability boosted sentiment, while CoreWeave also rallied..
Syndicated via official news feed
Syndicated feed content with full publisher credit.
Continue reading verified coverage and related developments on this desk.
Latest developments and reports from the desk
Latest fundraising values the six-year-old company at about $650mn as it aims to be ‘daily luxury brand’
Stéphane Boujnah has obsessively chased acquisitions to compete with larger rivals
As governments borrow more, the buyers of their debt are changing