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Nebius Group (NBIS) is Rocketing 15% Higher — Here’s What Could Move Shares Next

Nebius Group NV (NASDAQ:NBIS) is on the AI Stocks Dominating List of Biggest Winners.

Nebius Group saw its share price increase by 15.44 percent on Wednesday to close at $154.69 apiece, amid renewed optimism for data center stocks, thanks to the strong performance of one of its peers, while investors positioned portfolios ahead of its own earnings results.

The Amsterdam-based AI infrastructure and cloud platform company is set to release its financial and operating highlights for the third quarter of the year before market open tomorrow, November 12. A conference call will be held for the discussion of results.

For illustration purposes only. Photo by Brett Sayles on Pexels

Analysts were expecting Nebius Group NV to book $901 million in revenues for the said period, or a 517 percent jump from only $146.1 million in the same period in 2025.

Prior to its release, the listed firm’s counterpart, CoreWeave Inc. already provided cues about what to expect for the wider industry in the third quarter of the year.

According to CoreWeave, revenues for the third quarter of the year climbed by 168 percent to $3.66 billion from only $1.36 billion in the same period last year, on the back of customer wins across AI labs, hyperscalers, and enterprises, namely Canva, Mirendil, Parallel Web Systems, Serve Robotics, Substack, and Wayve, among others. As of the end of September, its revenue backlog stood at $132.5 billion.

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