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Barchart
Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Surge in Nebius Stock?

Nebius NBIS

Nebius (NBIS) shares soared over 20% on Thursday after the artificial intelligence infrastructure provider said it swung to an adjusted profit of $584 million in its fiscal second quarter (Q2). 

Investors are cheering NBIS shares also because the firm’s management now sees annualized run-rate revenue hitting as much as $1.1 billion this year, up from their prior guidance of $1 billion tops. 

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