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Nebius Surges on Stronger Pricing Power | Raleigh News
Nebius Group stunned the market with a blockbuster Q2 report that sent shares soaring 16.5%—a rare upside when good news usually triggers sell-offs. Revenue exploded 450% YoY to $582M, while losses narrowed far beyond expectations. Investors who bet against them, including Michael Burry, are now rethinking: the core business is healthier than the headlines suggest. The secret? They didn’t slash spending—they poured more into property and equipment, yet revenue grew faster than costs. Pricing power is real: recent chip auctions cleared 15% above prior highs, and short-term deals are flooding…
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