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via economictimes.indiatimes.comMarkets

Nebius shares rise 15% after Q3 revenue beats estimates

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

NBIS stock price and earnings have been in focus after shares of Nebius Group rose 15.44% to close at $154.69 on Wednesday. The AI infrastructure company reported third quarter revenues of $980.8 million which beat analyst expectations. The company has reported a net loss of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA sharp share move in a mid-cap AI infrastructure company after revenue beat expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares rose 15.44% to close at $154.69 on Wednesday.
  2. 02Third-quarter revenue was $980.8 million, above analyst expectations.
  3. 03The company reported a net loss of $37.5 million, though adjusted earnings were positive.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nebius Group N.V.NBISStock120.23 USD-22.28%today -22.28%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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