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Nebius Q2 Revenue Surges 454% as Burry Expands Nvidia and AI Shorts

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The Story

News Summary

  • Nebius Group reported blowout Q2 AI cloud revenue surging 454% YoY with $20B-$25B capex guidance, highlighting robust Nvidia-powered demand.
  • However, Michael Burry doubled down on AI infrastructure shorts, including Nebius and Nvidia, citing peak-cycle concerns and circular financing risks.
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NVDA price history

212.17 +17.98% over the displayed period

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