Nebius and IREN, two AI infrastructure companies, reported Q2 earnings showing different strategies amid booming AI demand. Nebius posted $582.3 million revenue, driven by its AI cloud platform with a 50% EBITDA margin and strong customer backlog. IREN reported $137.2 million revenue with a net loss due to impairments but is pivoting from Bitcoin mining to AI GPU factories, doubling AI cloud revenue sequentially. Investors will watch Nebius's ability to finance growth without equity and IREN's delivery of new capacity to Microsoft. Nebius is favored for its scale and profitability, while IREN appeals to turnaround investors focused on efficiency and construction execution.
Nebius Group recently auctioned its Blackwell AI compute capacity at prices 15% above previous highs, with short-term contracts fetching $40-$50 million per megawatt, signaling strong pricing power. The company reported Q2 revenue of $582.3 million, ...
Six AI-related stocks in cloud infrastructure, memory, connectivity, and quantum sectors are poised for significant gains beyond Wall Street expectations in 2027. Companies like CoreWeave, Nebius Group, Micron, IonQ, Rigetti Computing, and Astera Lab...
Michael Burry, famed for predicting the 2008 crash, has updated his portfolio with Lululemon Athletica as his largest holding, making up about 17% of his investments. Despite this confidence, Lululemon's stock dropped 12% after disappointing quarterl...
Palantir Technologies named Nebius Group its preferred sovereign AI infrastructure partner, integrating Nebius' GPU cloud with Palantir's AI software for data sovereignty. Nebius stock rose 6%, reflecting market optimism on its infrastructure role, w...
Nebius Group targets $3.0-$3.4 billion in revenue by 2026, driven by expanding AI capacity and connected power expected to reach 800 MW-1 GW by year-end. The company has increased its contracted power targets to 5 GW, with customer prepayments potent...
