US Stock Market Movement | Cloud Computing Service Provider NEBIUS (NBIS.US) Shares Surge Over 30%

According to Zhihui Finance APP, on Thursday, U.S. cloud computing service providers saw significant gains at market open: NEBIUS (NBIS.US) surged over 30% as of press time; IREN (IREN.US) rose nearly 25%; CoreWeave (CRWV.US) climbed more than 19%; Hut 8 (HUT.US) increased over 18%; and Oracle (ORCL.US) was up nearly 7%. In terms of news, Microsoft released its financial report, with the much-anticipated Azure cloud business delivering an impressive performance. In the fourth fiscal quarter, Azure and other cloud service revenue grew by 43% year-on-year (at constant exchange rates), not only surpassing the previous quarter’s 40% growth but also far exceeding analysts’ expectations of 39.6% to 40%. For the full year, Azure revenue surpassed the $100 billion mark for the first time, making it the second cloud service provider to reach this milestone after Amazon AWS.