Nebius Stock Falls 10% Despite Beating Revenue Estimates
Nebius, a leading neo-cloud company, saw its stock drop by 10% despite reporting revenue growth of 571% year-over-year, which surpassed analyst expectations. The decline was attributed to the company's increased capital expenditure (capex) outlook for 2026 and a weak earnings outlook. This news comes after fellow neo-cloud companies IREN and CoreWeave reported better-than-expected results.7 sourcesSee all sources

