🟢 NBIS is trading 10.5% up today on reports of planned cloud capacity price increases

NBIS is trading 10.5% up at $212.01 following reports that Nebius Group plans to sharply raise cloud capacity prices starting June 1.

• The reported changes include a 29% increase in on-demand cloud capacity prices and a 51% increase for preemptible capacity.
• The stock is seeing strong upside momentum as investors react to the potential for higher revenue per unit of capacity.