Nebius Group (ticker: $NBIS) reported strong second-quarter 2025 earnings, with revenue reaching $105.1 million, a 625% increase year-over-year and 106% quarter-over-quarter, surpassing estimates of $101.2 million. The company reported an adjusted EBITDA loss of $21 million, better than the estimated $59.6 million loss. Nebius raised its annual recurring revenue (ARR) guidance to a range of $900 million to $1.1 billion for 2025, above the prior estimate of $875 million. The core AI infrastructure business achieved positive adjusted EBITDA ahead of plan, and net income was $502.5 million, boosted by a $597 million equity revaluation gain. Following the earnings release, $NBIS shares rose 18.5%, trading above the 100-week moving average and up 135% year-to-date. Meanwhile, $BMNR showed strong momentum, climbing from $34 to $42 after hours, with traders anticipating further gains toward $40 and beyond. $ONDS also experienced notable price appreciation, rising from $1.80 to $3.34, with active trading and bullish sentiment around a $3.40 breakout. The stocks $PSIX, $ASTS, $IREN, and $APP also showed notable year-to-date gains of 195%, 126%, 90%, and 35%, respectively.