NBIS Shares Rise More Than 11% Ahead of Quarterly Results
Nebius shares rose more than 11% overnight ahead of Wednesday’s session, following an upbeat report from rival CoreWeave. Analysts expect Nebius sales to grow more than six-fold in its upcoming third-quarter report.
Nebius Group (NBIS) shares surged more than 11% overnight ahead of Wednesday’s session, lifted by an upbeat report from larger rival CoreWeave (CRWV) and setting a high bar for Nebius’s upcoming quarterly results later in the week.CoreWeave’s third-quarter sales jumped 168% to $3.66 billion, beatin…