NBIS News
14 R40 articles on Nebius Group N.V. (NBIS), the latest published Sep 17, 2026. Plus dated third-party headlines.
R40 Coverage
A Nebius Notice Lifts On-Demand GPU Prices Up to 21%. Its Shareholder Letter Never Says On-Demand.
A reshared Nebius notice lifts on-demand GPU-hour rates 16.9% to 21.0% from 1 October. Nebius has never said what share of its revenue is billed on-demand.
Microsoft's Code of Conduct Contains No Capex Number. The Market Repriced Capacity Prices Anyway.
Microsoft's MAI Code of Conduct runs 15,203 words and never says compute. The capacity sellers fell 5-7% on it; flat prices cost our bases 19.5% to 41.7%.
Microsoft Already Told You It Builds a Gigawatt a Quarter. The 26-Gigawatt Leak Is Six More Years of It.
Microsoft discloses a gigawatt a quarter and $41bn of capex behind it, never a fleet total. The leaked 26 GW is that rate continued, and costs about $1.07tn.
Palantir's Nebius Deal Names No Dollars and No Megawatts, and Lands on Its Only Vertical With Published Units
Palantir named Nebius its preferred sovereign AI partner — no value, megawatts or term disclosed. It lands on 653 US commercial customers at $1.17M each.
Meta Is Building Toward 14 GW. Its Rentable Compute Is Still a Thin Slice.
Meta targets 14 GW by 2027 while remaining a major compute buyer. This deep dive maps its Titans, silicon, workloads, utilization and rentable capacity.
Nebius Sold Stock at $223.60 and Its Newest Converts Strike From $313.46. The Shares Sit Between Them.
Nebius sold $2.8bn of shares at $223.60 and struck $3.45bn of converts at $313.46. IREN trades 36% below NVIDIA's $70 rights; CoreWeave publishes no mark.
Anthropic Has Contracted 1.19 GW. Half of It Costs $2.37M per MW-Year, the Other Half $15.46M.
Four reported Anthropic capacity deals total 1,185 MW for $83.1B, and split by term they are two products: $2.37M per MW-year on 20-year leases, $15.46M on six.
Broadcom May Raise $60B for AI Deals. Its 10-Q Already Disclosed a $29B Lease Backstop.
Bloomberg says Broadcom may raise $60B for AI deals. Its 10-Q already discloses the shape: a $29B lease backstop — 44.7% of total debt — behind Apollo's racks.
Nebius Added $4.5B of Converts. Existing Notes Carry 1%–3% Coupons but Cost Up to 7.06%.
Nebius announced $4.5B of convertibles whose principal accretes to 115-125% of face — its own filing books 1.00-3.00% coupons at effective rates up to 7.06%.
The Neocloud "Revenue per Megawatt" Ranking Is Measuring Contract Length, Not Efficiency
The circulating revenue-per-megawatt neocloud table mixes multi-year backlog with annual figures and never divides by years. Fixed, first and seventh swap.
Nvidia's Disclosed Stock Portfolio Grew $45 Billion Last Quarter. It Bought One Thing.
Nvidia's Q2 13F shows eight positions worth $63.4B, up $45B in a quarter. Seven share counts are unchanged: the move is one new position and Intel tripling.
Nebius's Run Rate Says $3 Billion. Its Income Statement Says $582 Million and a Loss.
Nebius reported revenue of $582.3M up 454% with $3.0B of ARR — and $5.66B of capex against it, 9.7x, with a $190.4M net loss. Three numbers, one company.
Nebius and IREN: How Two AI Infrastructure Highfliers Fell 40–60% From Their Highs
Six months after we called Nebius a hypergrowth capex machine, both Nebius and IREN have fallen sharply from their 2026 peaks — hit by the same Meta cloud-competition shock and a hawkish, geopolitically rattled macro tape. We compare the drawdowns and the rumored contracts each is chasing next.
Nebius Just 6x'd Its Revenue. Wall Street Yawned.
Nebius posted 547% revenue growth in Q4 2025 and guided $3-3.4B for 2026. But $16-20B in planned capex has investors wondering: is this the next AWS or the next WeWork?
February 2026
AI Infrastructure Narrative & Vera Rubin Plans
Company positioned to offer NVIDIA Vera Rubin NVL72 in US/Europe from H2 2026; reinforces long-term growth in next-gen AI compute.
NBIS Surges 16.6% on Heavy Volume
Shares jumped to ~$86 with ~17M shares traded (+28% vs average); rebound after prior dip, driven by AI infrastructure optimism and pre-earnings positioning.
Freedom Capital Upgrades to Strong Buy
Consensus 'Moderate Buy' with ~$142-$144 mean target (44%+ upside); valuation seen as attractive (<2.8x forward P/S vs peers).
NBIS Drops 10.3% Amid Broader Market Pressure
Fell to ~$73.87 on elevated volume; part of short-term correction despite strong fundamentals like projected 700% ARR growth.
This Correction Looks Overdone Ahead Of Q4
Bullish view — 44%+ upside into earnings on capacity expansion, order backlog conversion, and guidance; attractive valuation vs peers.
Is Nebius Stock Too Expensive After Massive Rally?
Balanced analysis: Explosive AI growth vs risks from extreme valuation and ongoing losses; highlights downside if execution falters.