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Nebius (NBIS) Stock: Vineland Clears Path for Microsoft Deal With Data Center Vote

By Trader Edge at 2026-10-02 16:42

Sentiment: Positive

TLDR Vineland’s Planning Board approved Phase 2 of Nebius’ New Jersey data center, adding 600,000 sq ft to the project. The approval clears a key hurdle for Nebius’ $17.4 billion, five-year Microsoft cloud deal. NBIS dipped 2% in premarket trading Tuesday, opening at $277.58. Q2 revenue hit $582.3 million, up 454% year over year, beating [...] The post Nebius (NBIS) Stock: Vineland Clears Path for Microsoft Deal With Data Center Vote appeared first on CoinCentral. Continue reading...

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