Nebius Group said part of proceeds will be used for data-center spending.

After accusing Iran of firing two ballistic missiles, the UAE on the early hours of the 19th announced it will suspend all trade, commercial and financial transactions with Iran until further notice. Retired US Brig. Gen. and former assistant secretary of state Mark Kimmitt told Al Jazeera the move could have greater economic impact on Iran than the US maritime blockade, given the UAE’s role as Iran’s largest import source and Dubai’s position as a transit and financial hub. About one-third of Iranian imports are transshipped via Dubai, and Dubai has long provided channels used to circumvent international sanctions. The US has imposed a maritime blockade on Iranian ports since mid-April.

Kingsoft Cloud (03896.HK) reported 1H 2026 revenue of RMB 5.776 bln, up 33.7% YoY; net loss attributable to shareholders RMB 437 mln, widening 43.4% YoY.