Nebius (NBIS) is rated a Strong Buy due to rapid backlog growth, strong GPU rental pricing, and secured capital for expansion. The company improved unit economics by passing GPU price hikes to contracts, supporting 50% adjusted EBITDA margins in Q2. It has a $40 billion backlog and plans to add at least 1GW of capacity annually through 2027. Despite high capital expenditure guidance, NBIS trades at an attractive 11.6x forward EV/EBITDA, below sector averages, with strong demand and pricing supporting long-term revenue growth.
Several daily leveraged ETFs tied to tech and crypto-related stocks dropped sharply, with declines over 20%. Notable falls include GraniteShares 2x Long NBIS Daily ETF down 24.5% and Leverage Shares 2x Long CRWV Daily ETF down 23.9%. These ETFs aim t...
CoreWeave and Nebius stocks fell sharply by 9% as investor sentiment turned to near 'Extreme Fear' due to rising credit risks in the neocloud sector. CoreWeave's unsecured bond yields surged to 15%, signaling financial strain, while its founders sold...
CoreWeave's stock dropped 6% following reports of its unsecured bonds trading at distressed levels, signaling financial strain. The company reported a high debt-to-equity ratio of 8.94 and rising interest expenses, with negative free cash flow despit...
Wednesday's market selloff hit AI stocks unevenly, with companies relying heavily on debt, such as CoreWeave and Nebius, experiencing the steepest declines. Oracle, despite carrying more debt than its peers and having a credit rating just above junk,...
Nebius shares fell 11% during a broader tech sector selloff, yet demand for its services remains robust with customer capacity requests extending into 2028. The company secured a $775 million financing facility, highlighting how project financing and...
