By Marco Piccolo Key highlights: Nebius secures a five-year, $3 billion contract with Meta to supply AI infrastructure, marking its second major hyperscaler deal Q3 revenue surges 355% year-over-year to $146.1 million, but losses widen amid aggressive capital spending Company announces ATM equity offering to fund further data center expansion Trade on Plus500 CFDs are […]
Tag: AI
By Emir Abyazov Bitcoin has suffered its biggest test since July this year, falling below $99,000 on November 4. This triggered a chain of events that upended the balance of power in the cryptocurrency market. Mass liquidations of long positions exceeded $1.7 billion in a single day — but paradoxically, it was this very decline […]
By Marco Piccolo Key highlights: Opendoor stock is down 21% in pre-market trading after disappointing Q3 earnings and a weak Q4 outlook The company posted Q3 revenue of $915 million, beating estimates, but missed on EPS and adjusted EBITDA CEO Kaz Nejatian outlined a long-term path to profitability, but short-term losses and declining transactions rattled […]