Nebius stock jumped 18% after earnings, putting Michael Burry’s short in focus as the AI infrastructure company said payback on new investments fell below two years.

Nebius reports Q2 earnings Wednesday as Kalshi traders bet on whether Arkady Volozh will mention Nvidia, Meta, Vera Rubin, cash and more.

Aug 12 : Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts…