<div id="readability-page-1"><div id="ctl00_CPI_dvBody"><div><div><p>Add <img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png"/> as your preferred news source on Google</p><div><p><img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png"/> Add Now</p></div></div></div><p> Nebius Group N.V. (NBIS), a Dutch AI cloud company, reported Wednesday a profit in its first quarter compared to prior year's loss, benefited by a one time gain and significantly higher revenues.</p><p>In the pre-market activity on Nasdaq, the shares were climbing around 15.89 percent to trade at $207.57, after closing Tuesday's regular trading 3.8 percent lower.</p><p>In the first quarter, net income was $621.2 million or $2.11 per share, compared to prior year's loss of $113.5 million or $0.48 per share.</p><p>On a continuing operations basis, prior year's loss was $104.3 million or $0.44 per share.</p><p>The latest result was benefited by a gain from revaluation of investments in equity securities of $780.6 million.</p><p>Adjusted net loss widened to $100.3 million from loss of $83.6 million last year.</p><p>Loss from operations widened to $128.0 million from loss of $120.3 million in the prior year, as total operating costs and expenses surged 208 percent year-over-year to $527.0 million.</p><p>Adjusted EBITDA was $129.5 million, compared to prior year's loss of $53.7 million.</p><p>Revenues for the quarter surged 684 percent to $399.0 million from last year's $50.9 million.</p><p>For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. </p><p>For comments and feedback contact: editorial@rttnews.com</p><p>Business News</p></div></div>

📢Giveaway Event
Data center stocks CoreWeave and Iren have already reported earnings, with NBIS set to take center stage this Wednesday. The sector has been strong since the beginning of the year! Which side are you on in this sector?1️⃣ The Trading Proponent – ​​How did you trade before and after the earnings reports? Share your actual holdings and entry/exit points, along with your judgment, for a higher chance of winning!2️⃣ The In-Depth Proponent – ​​Is Neocloud truly the sharpest shovel for AI? Write your independent analysis of CRWV/IREN/NBIS or the entire sector. Your opinions will earn you a chance!Reward Rules:🥇 Excellent Content Award: Up to HKD 10 stock voucher per person☀️ General Award: 88 Task Coins per personWinning entries will be selected through comprehensive evaluation. Entries must be well-reasoned, supported by evidence, and demonstrate independent judgment. Purely AI-generated content will not be accepted. No limit on the number of winners!The event ends at 24:00 on May 14th. Prizes will be distributed within 15 business days after the event ends. Changqiao reserves the right to interpret these terms and conditions.

<p>📢Giveaway Event<br>Data center stocks CoreWeave and Iren have already reported earnings, with NBIS set to take center stage this Wednesday. The sector has been strong since the beginning of the year! Which side are you on in this sector?</p><p>1️⃣ The Trading Proponent – ​​How did you trade before and after the earnings reports? Share your actual holdings and entry/exit points, along with your judgment, for a higher chance of winning!</p><p>2️⃣ The In-Depth Proponent – ​​Is Neocloud truly the sharpest shovel for AI? Write your independent analysis of CRWV/IREN/NBIS or the entire sector. Your opinions will earn you a chance!</p><p>Reward Rules:</p><p>🥇 Excellent Content Award: Up to HKD 10 stock voucher per person</p><p>☀️ General Award: 88 Task Coins per person</p><p>Winning entries will be selected through comprehensive evaluation. Entries must be well-reasoned, supported by evidence, and demonstrate independent judgment. Purely AI-generated content will not be accepted. No limit on the number of winners!</p><p>The event ends at 24:00 on May 14th. Prizes will be distributed within 15 business days after the event ends. Changqiao reserves the right to interpret these terms and conditions.</p>

Data center earnings season: Who is the true leader?

NBIS

NBIL

GXTG

<p>Nebius Group N.V. (NBIS) reported a profit of $621.2 million in Q1, a turnaround from last year's loss of $113.5 million, driven by a one-time gain and a 684% revenue increase to $399 million. Despite this, adjusted net loss widened to $100.3 million, and operating losses increased to $128 million. In pre-market trading, shares rose 15.89% to $207.57 after a 3.8% decline in regular trading.</p>

rttnews

Nebius

GraniteShares 2x Long NBIS Daily ETF

Global X Thematic Growth ETF

iShares Expanded Tech Software Sector ETF

Global X Data Center & Dgtl Infrs ETF

Leverage Shares 2X Long NBIS Daily ETF

Global X Cloud Computing ETF

Franklin Exponential Data ETF

ISHRS S&P Glb It

Proshares Big Data Refiners ETF

SPDR S&P Software

Tradr 2X Long NBIS Daily ETF

Nebius Group Turns To Profit In Q1 On Gain, Surge In Revenues; Stock Up In Pre-market