Nebius stock jumps 9% as investors digest $16-$20 billion 2026 spending plan ahead of holiday week
Nebius shares rose 9.3% to $98.01 Friday after management detailed a $16–$20 billion 2026 capital spending plan and reaffirmed a $7–$9 billion annualized revenue target. About 20.5 million shares traded as the stock swung between $88 and $100. Q4 revenue missed estimates at $227.7 million, with a net loss of $249.6 million. U.S. markets close Monday for Presidents Day, resuming Tuesday.