The Nebius land acquisition in Alabama combined with the Nvidia Exemplar Status is a powerful signal. What really stands out is your observation about hyperscalers likely reaching a point where they'd rather let specialized providers take on the infrastrucure expansion risk. This could mark an important inflection point where the neocloud model proves its value proposition - taking on high-risk CapEx that even mega-caps are hesitant to deploy. The Meta-CoreWeave deal reinforces this thesis nicely.
Great weekly analysis! The Nebius section is particularly timely - the Alabama land acquisition combined with Exemplar Status suggests the pipeline is building nicely. I agree with your take that the Meta/CoreWeave deal validates ongoing compute scarcity. Your observation about CapEx slowdown potentially being the first sign of mega techs getting cautious is perceptive - that could materially impact the neocloud thesis if hyperscalers shift to outsourcing. The PayPal stablecoin angle with DP World is underappreciaed by the market. Solid recap!
The Nebius land acquisition in Alabama combined with the Nvidia Exemplar Status is a powerful signal. What really stands out is your observation about hyperscalers likely reaching a point where they'd rather let specialized providers take on the infrastrucure expansion risk. This could mark an important inflection point where the neocloud model proves its value proposition - taking on high-risk CapEx that even mega-caps are hesitant to deploy. The Meta-CoreWeave deal reinforces this thesis nicely.
Great weekly analysis! The Nebius section is particularly timely - the Alabama land acquisition combined with Exemplar Status suggests the pipeline is building nicely. I agree with your take that the Meta/CoreWeave deal validates ongoing compute scarcity. Your observation about CapEx slowdown potentially being the first sign of mega techs getting cautious is perceptive - that could materially impact the neocloud thesis if hyperscalers shift to outsourcing. The PayPal stablecoin angle with DP World is underappreciaed by the market. Solid recap!
Do you feel comfortable buying NBIS on red days or do you think it’s overvalued now?
I honestly don't accumulate anymore. I have a large position at that point and would rather buy other names.
If I didn't have such a position... Maybe I could accumulate yes. But I wouldn't be aggressive after such a run.