Nebius Soars As Bigger Loss Tops Views, Revenue Beats

Nebius (NBIS) stock rose strongly after the cloud computing specialist reported a smaller-than-expected loss for its fiscal second quarter while revenue edged by expectations. Fellow neoclouds CoreWeave and WhiteFiber also jumped on results. Nebius earnings were released before the market open on Wednesday. In the June quarter, Nebius said it lost 49 cents per share versus a 38-cent loss in…