Nebius reported a strong Q1 2026 with revenue increasing 6.8 times to $399 million, primarily fueled by its AI Cloud business which now accounts for about 98% of total revenue. The company sees strong demand momentum, highlighted by a record sales pipeline, larger deals, new customers across various industries, and stable pricing for GPUs. Nebius is aggressively expanding its infrastructure, including starting its first gigawatt-scale project in the US, partnering with Bloom Energy, and acquiring Eigen. While the growth outlook is promising, the investment carries risks due to high valuation and dependence on sustained AI demand and successful infrastructure execution without overcapacity or demand slowdown.
Nasdaq announced the June 2026 quarterly rebalance of the Nasdaq-100 Index, effective before market open on June 22, 2026. Five companies—Astera Labs, CoreWeave, Nebius Group, Rocket Lab, and Teradyne—will be added to the index. Meanwhile, Charter Co...
Leopold Aschenbrenner, a 24-year-old former OpenAI researcher, launched a hedge fund that has achieved a remarkable 1,000% return since inception by focusing on the AI revolution. His fund, Situational Awareness, has made strategic bets on AI infrast...
Nebius Group N.V. reported exceptional Q1 results with revenues up 684% year-over-year and annual recurring revenue growth of 674%, despite facing compute capacity limits. The company raised its 2026 contracted power guidance to over 4GW and increase...
The Alger 35 ETF (ATFV) actively invests in companies driving the AI infrastructure boom, focusing on semiconductors, data centers, and networking tech. Led by CIO Dan Chung, the fund uses an all-cap, unconstrained approach to identify emerging marke...
Nebius Group N.V. has seen its shares more than double due to explosive 684% revenue growth and expanding profit margins, driven by its key role in AI hyperscaler cloud infrastructure. The company commands a premium valuation as it benefits from robu...
