Nebius (NBIS) raises 2026 Capex guidance to between USD 20-25bln, according to remarks on conference call

Nebius's upward revision of its 2026 Capex guidance to USD 20-25 billion signals a strong commitment to expansion, which could imply confidence in future revenue streams. This likely positions the company for greater market penetration in the metals and mining sector, potentially affecting peer valuations and investor sentiment in this space. Keep an eye on how this impacts related equities and sector performance in the upcoming sessions.