Repay Holdings Corp

Nebius (NBIS) shares surged 16% to $220.71 amid a sector-wide AI rally. The company's heavy reliance on customer prepayments for cash flow draws investor attention.

IREN shares rose 5.7% premarket after $2.8B in AI cloud contracts with 45% prepayments eased GPU funding concerns, lifting 2026 ARR target to over $4B.

About 1 million borrowers have left the SAVE program, but 20% picked plans that end in 2028, hinting at another repayment crunch for up to 1.5 million.

Nvidia has prepaid Corning several billion dollars to fund new U.S. factories, expanding optical fiber production for AI data centers and boosting Corning's long-term sales targets.

Tempus AI priced $400M in 0% convertible senior notes, using proceeds to repay $307.7M in loans. Shares fell 7.6% premarket despite strong Q1 revenue growth.

Brazil's central bank announced a measure allowing banks to offset mandatory prepayments to the deposit insurance fund against reserve requirements, potentially unlocking R$30 billion in liquidity by 2026. Shares of major Brazilian banks, including Banco Bradesco, rose following the news.

PLS Group shares gained after announcing a two-year spodumene supply agreement with Canmax Technologies, featuring a US$1,000 per tonne price floor and a US$100 million prepayment. The deal covers 150,000 tonnes annually from 2026.