Nebius (NBIS) Stock Surged 19.5% in June - Future Volatility Expected
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowNebius Group (NASDAQ: NBIS) shares rose by 19.5% in June, as reported by S&P Global Market Intelligence. Despite this surge, shares saw significant volatility, reversing gains early in July. The company raised its guidance for contracted power capacity from at least 1 GW to over 4 GW, with a secured 1.2 GW for a new AI factory in Pennsylvania. Revenue increased from $105 million in Q2 last year to a projected annual run rate of $1.25 billion by Q4, with management forecasting over $3 billion for 2026.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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