Nebius Stock Slides on Delayed Microsoft Capacity

TLDR Nebius stock fell 2.7% in Friday’s premarket trading after losing 16.84% on Thursday. Management now expects 2026 revenue near the lower end of its 3.0billion–3.4 billion range. Remaining Microsoft-contracted capacity in New Jersey is scheduled for delivery during the second quarter of 2027. Nebius shifted its December annual recurring revenue milestone to February 2027. [...]

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