CoreWeave delivered a strong report last night, and Nebius got a boost before it was even its turn, rising 12% premarket. The AI cloud upstarts have been getting hammered lately. Nebius fell from a year-to-date high of $299 all the way to $113, down more than 60%, so today’s bounce is purely riding someone else’s tailwind. It reports its own Q3 results tomorrow before the market opens, with investors looking for revenue of over $900 million, more than five times higher year over year. Can it turn that borrowed wind into its own momentum? We’ll find out tomorrow. $NBIS