US Stocks: Neocloud Sector Strengthens in Early Trading, IREN Up Over 5%, Nebius and Coreweave Open Lower but Surge Over 3%

BlockBeats News, August 13th, according to BIT (bit.com) market data, the Neocloud sector of the US stock market strengthened after the opening, with IREN up over 5%, Nebius and Coreweave opened low and rose over 3%. Neocloud leader Nebius closed up 34.14% yesterday, marking the largest single-day gain since September last year.

Nebius (NBIS) recently released its second-quarter financial report. The company's Q2 revenue reached $582.3 million, a 454% increase from $105.1 million in the same period last year. EBITDA for the second quarter was $236.2 million, compared to a loss of $21 million in the same period last year, achieving a positive turnaround; adjusted net loss was $33.2 million, narrowing by 64% from a loss of $91.5 million in the same period last year.