Stock market anomaly | Q1 revenue surges by 385% Nebius (NBIS.US) rises by over 8%

According to the Wisdom Financial APP, on Tuesday, Nebius (NBIS.US) rose more than 8%, reaching $40.74. In terms of news, the company reported a first-quarter operating income of $55.3 million, a 385% increase year-on-year, mainly due to the growth of the company's core AI infrastructure business. Adjusted net loss was $92.5 million, compared to $77.6 million in the same period last year. Nebius stated that at the end of the first quarter, it had approximately $1.45 billion in cash and cash equivalents.