Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage
Key takeaways
- Nebius' earnings are expected to show a significant increase in revenue and a narrowing of losses, while prediction markets are indicating a strong interest in Nvidia and Meta.
- Nebius' stock has more than doubled this year
- Nebius has raised $8.5 billion across three convertible note offerings since June 2025
- Nebius' first senior secured debt of $775 million in July has sparked interest in the company's future fundraising plans
What happened
Michael Burry revealed he is short on Nebius Group N.V. (NBIS), while prediction markets see Nvidia (NVDA) and Meta (META) taking center stage ahead of Nebius' earnings on Wednesday.
Why it matters
Burry's cautious bet on Nebius has sparked interest in the company's upcoming earnings, which are expected to show a significant increase in revenue and a narrowing of losses. Prediction markets are also indicating a strong interest in Nvidia and Meta, with some analysts expecting a boost in revenue and earnings for…
Short-term and longer-term
Short-term. The market is expecting a strong earnings report from Nebius, with analysts predicting revenue of $573 million and a loss of around 60 cents per share.
Longer-term. Nebius' earnings report on Wednesday will be a key indicator of the company's future growth prospects.