Nebius Stock Surges 34% After Earnings Beat Estimates on Strong AI Cloud Demand

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Finance

13 August 2026 at 1:07 pm

Nebius Stock Surges 34% After Earnings Beat Estimates on Strong AI Cloud Demand

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Summary

Nebius shares surged 34% after its revenue jumped 454% year-on-year to $582 million, surpassing estimates due to strong AI cloud demand and improved profitability, despite ongoing net losses and infrastructure spending.

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