🟢 Nebius Group is trading 5.6% up today after Q2 revenue beat and positive adjusted EBITDA

Nebius Group is trading 5.6% up at $269.29 after its August 12 earnings release showed strong second-quarter revenue and positive adjusted EBITDA.

• Second-quarter revenue reached $582.3 million, up 454% year over year; adjusted EBITDA turned positive at $236.2 million.
• Upbeat AI-cloud demand commentary and broader software strength are also supporting the move.
• The stock rose 34.14% on August 12 before closing 1.60% lower on August 13.