Nebius Group is trading 4.32% down in pre-market at $247.99 after mixed second-quarter results and profit-taking following a 34.14% surge on August 12.
- Revenue reached $582.3 million, beating estimates, while adjusted EBITDA turned positive at $236.2 million.
- The company reported a $190.4 million GAAP loss and an adjusted EPS miss.
- AI-cloud revenue rose 454% year over year; elevated capital spending and nearly flat broader markets may weigh on sentiment.