oooo wait. Another NVDA play like SOUND & APLD Nvidia among backers of Nebius $700M funding round NewsYesterday, 8:12 AM Company Profile Nebius Group N.V., operates as a technology company that engages in building full-stack infrastructure to service the global AI industry. Its businesses include Nebius, an AI-centric cloud platform built for intensive AI workloads. Nebius builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and tools and services for developers. The company's businesses also comprise Toloka AI, a data partner for various stages of generative AI development; TripleTen, an edtech player re-skilling people for careers in tech; and Avride, which develops autonomous driving technology for self-driving cars and delivery robots. The company was formerly known as Yandex N.V. and changed its name to Nebius Group N.V. in August 2024. Nebius Group N.V. was founded in 1989 and is headquartered in Amsterdam, the Netherlands with R&D hubs across Europe, North America and Israel. I see a LOT OF YANDEX news associated with this name - wonder if they bought YNDX non Russian assets?
Nebius surges as Citron pounds the table, says CEO is 'the real deal' NewsToday, 2:09 PM 22 million vol today - NBIS Nebius Group N.V. $29.333.58(+13.90%)4:00 PM 12/03/24 NASDAQ |$USD |Post-Market:$30.15+0.82(+2.80%)7:45 PM Special guest-this guy totally nailed the move. Props.
oh shit // I was right this was Yandex. This could be huge // and it could be problematic. Is Putin really out of the picture? Yandex assets were large./// Nifty find Ted.
A Russian consortium bought Yandex I don't like the sound of that some fucking Russians are still involved...******************
Citron Research's tweet emphasized their strong belief in Nebius Group's prospects, stating, "Citron pounding the table that $NBIS is poised to be the next AI Wall Street darling. A sleeper with no analyst coverage yet, the market hasn’t caught on to its massive potential—or its undervaluation vs. CoreWeave." They speculated that if Nebius Group were to trade at a 50% discount to CoreWeave's multiple, the stock could be valued at $60. The tweet also praised Nebius Group's CEO, Arkady Volozh, referring to him as "the real deal" and mentioning the strategic investment by Nvidia Corporation (NASDAQ:NVDA), which was not made spontaneously but was the result of a decade-long familiarity with Nebius Group Arkady Volozh I don't trust him.
WAIT HE'S JEWISH... THAT'S GOOD KIND OF RUSSIAN.-! Nebius was founded by Arkady Volozh, the former founder and CEO of Yandex. The company has a significant R&D center in Israel, and Volozh, who received Israeli citizenship under the Law of Return in 2017, has been living in Israel in recent years. Trading in Nasdaq-listed Yandex was suspended soon after Russia's invasion of Ukraine. Nebius later revived the listing as part of the asset split. Volozh stated that the $700 million in financing would provide Nebius with the resources to build clusters of graphics processing units (GPUs), cloud platforms, and other tools for AI developers more quickly and at a larger scale. Nebius has committed to investing $1 billion by mid-2025, though Volozh indicated that the company could invest more. The company is currently leasing data center space in Kansas City, Missouri, and may expand further in the United States, where more than half of Nebius’s clients are based, Volozh said. In a statement, Nebius announced it would issue 33,333,334 Class A shares at $21 per share in the private placement, representing approximately a 3% premium to the volume-weighted average price of those shares since Nasdaq trading resumed. Nebius also stated that the financing round was oversubscribed, and the company has raised its annualized run-rate revenue forecast for year-end 2025 to between $750 million and $1 billion, up from a previous estimate of $500 million. ---> OBVIOUSLY THE HUGE CHUNK OF CASH PAID TO RUSSIA IS A PROBLEM THAT MONEY WAS USED TO KILL UKRAINIANS.... THIS ONE MUST GO TO THE GBA BOARD OF REVIEW:
Quick update- Going to the Vet again. This blood in the ear situation is really bad. Cheniere Energy price target raised by $33 at Stifel, » 07:36 LNG Pure Storage price target raised by $13 at Needham, » 07:35 PSTG Roku jumps 5% to $79.43 after Needham predicts 2025 takeover » 07:33 ROKU Excelerate Energy price target raised by $8 at Stephens, » 07:09 EE Tesla not on track to grow deliveries in 2024, says Goldman Sachs » 06:43 TSLA NexGen Energy awarded uranium sales deals with U.S. nuclear utility companies » 06:41 NXE Deutsche Bank gets more bullish on New Fortress Energy, upgrades shares » 06:19 NFE FTAI Aviation price target raised by $45 at Barclays,» 04:47 FTAI Cathie Wood's ARK Investment bought 400.3K shares of Absci today 20:03 ABSI JANX UPDATE- Yesterdays " scalp " was more like a wait in the bushes for the enemy to come and then miss his hairline entirely. No action. Today we got the usual secondary after good news, I was expecting that- but this one is a bit clever in that I see no price. maybe you can find but I have looked around and this seems like it is sometime in the future. Although this is not a " registration " I do not think/ Thus the name may bolt up today WATCH! We will most likely let this go at the close. JANX Janux Therapeutics, Inc. I should be back around the open 9:30-10:00 Put the good thoughts in for Bacchus.
Good summary Stoney, thank you! I hope the vet helps Bacchus! Nice scalp on JANX! “Cathie Wood's ARK Investment bought 400.3K shares of Absci today 20:03 ABSI” That looks interesting! We need to watch CRDO, POET, ABSI, PL and HSAI.