$NEBIUS(NBIS)$ is down 61% from its high 🔴 Yet, Nebius just raised its prices again. New deals pay $25M+ per MW a year, double the price at the start of 2026. Here is my $NBIS Investment Thesis:🧵 1/ What does $NBIS do? Nebius is a full-stack AI cloud: - Data centers in the US, Europe, Israel and India - GPU clusters for AI labs and enterprises - Its own cloud software on top It builds the whole stack itself, which keeps its costs down. Nebius data center in Finland in winter 2/ Big names Databricks, Datadog and Snowflake signed multi-year deals for the first time. Palantir picked $NBIS as a preferred AI cloud for sovereign AI. Microsoft and Meta are already customers. Nebius Q3 2026 letter: Databricks, Datadog, Palantir and Snowflake 3/ $12B of ne

On Thursday, $DLocal Limited(DLO)$ released its Q3 2026 results, and the stock fell 3%. Here are the factors that I think drove this reaction: Slight revenue miss Lower revenue take rate Gross profit guidance at the midpoint Operating profit guidance at the low end However, the market once again focused on the short term and missed what’s changing the business. In May, investors didn't believe management's promise of operating leverage in the second half, but it arrived! Operating profit grew 37% Y/Y, faster than gross profit, as Dlocal cut costs and headcount. In this report, I will go through the results, the take rate, the cost cuts and the guidance, and look at what the stock costs after the drop. Let's dig in. 1. Financial Summary Total Paymen

1. Existing home sales After a brief rebound last month, existing home sales plummeted to a 16-year low in October. 2. Investment Manager Index Risk appetite edges higher but mid-terms drive change in sentiment by sector. Preferences rotate defensively from tech and energy and toward likely winners from a shift in control of Congress, buoying consumer stocks. 3. DRAM flows The popular Memory ETF $Roundhill Memory ETF(DRAM)$ enjoyed 21 consecutive weeks of inflows after its launch in April, including several weeks following its June peak. Investors gave up buying the dip by mid-August and have not returned. 4. QQQ short interest Short interest on the $Invesco QQQ(QQQ)$ ETF has risen to its hi

$IREN Ltd(IREN)$ is the most hated AI stock right now. I think it's one of the most undervalued. AI Cloud +182% Q/Q, $20B backlog, 5GW+ of power. Here is my $IREN Investment Thesis:🧵 1/ What does $IREN do? Iren owns every layer of an AI cloud: - GPUs it rents to AI labs and big tech - Data centers it built itself - 30,000+ acres of land and 5GW+ of power The Roberts brothers founded it in 2018, and Daniel Roberts is still Co-CEO. Iren slide: three businesses, AI cloud, data centers, land and power 2/ It owns the ground Most AI clouds rent their buildings. $IREN owns them. - $6B of data centers with no debt - No long-term leases - 5GW+ of secured power I think owned land and power are the scarcest assets in AI. Iren slide: 30,000+ acres and 5GW+ of

💰 Own 100 Shares of $Advanced Micro Devices(AMD)$ ? Here's How to Collect $1,230 in Options Premium You could collect $1,230 today on 100 shares of $AMD you already own. It's called a covered call. Here's how the strategy works. 📌 The Setup $AMD is trading around $582, making 100 shares worth approximately $58,200. You sell one $700 call expiring December 18 and collect: Strike price: $700 Premium: $12.30 per share Total premium: $1,230 Time to expiration: 36 days Strike price: Approximately 20% above the current stock price In exchange, you agree to sell your 100 shares at $700 if AMD finishes above that level at expiration. 🎯 Two Possible Outcomes Scenario 1: $AMD stays below $700 The call expires worthless. ✅ You keep the $1,230 premium. ✅ You

$Meridian Hldg(MRDN)$ released its Q3 earnings report on Tuesday, and the stock fell 24% to $6.24. Here are the factors that I think drove this reaction: Slight revenue miss. A net loss of $13.3M, because of impairments. ADJ EBITDA of $0.4M, down from $4.8M a year ago. Brazil banned online betting, and Meridian wrote off its licence there. The 2026 revenue guide was cut to $195-198M, below the $209M analysts expected. On the surface, this looks like a company whose growth story has ended. However, Brazil was less than 1% of Meridian's revenue. The market just took $25M off the market cap of a company for losing a business that brought in less than $2M a year. Most of the net loss is a non-cash write-down, and most of the revenue miss comes from fo

On Thursday, $NEBIUS(NBIS)$ released its Q3 2026 results, and the stock closed at $128.64. In short, Nebius reported: Revenue, profit and margins beat Higher prices Prepayments covering more than 100% of the capex 2026 revenue at the low end of guidance 2027 revenue Guidance of $12-13B The market hated this report, but in my opinion, it's an overreaction! Nebius lost $7.6B of market value in a day, because 2026 revenue will now land 4-10% below what analysts expected. The power at a leased site in New Jersey arrived late, so part of this year's revenue moves into 2027. Also, the stock had jumped 29% in the 4 trading days before the report, mostly after CoreWeave's strong results, so Thursday's fall only took it back to where it was a week ago. Mea

$CoreWeave, Inc.(CRWV)$ is down 59% from its high 🔴 Yet, Revenue is up 168%, backlog hit $132.5B, and demand is 10x capacity. Here is my $CRWV Investment Thesis:🧵 1/ What does $CRWV do? CoreWeave is a cloud company built for AI. It rents out huge clusters of Nvidia GPUs to AI labs, hyperscalers and enterprises. It also sells the software to train, run and improve AI models on them. Amazon, Microsoft and Google rent out computing for everything, from websites to storage. CoreWeave only does AI, so every data center it builds is designed around GPUs. CoreWeave investor presentation slide: The Essential Cloud for AI 2/ The best AI cloud in the world SemiAnalysis rates every GPU cloud in its ClusterMAX ranking. $CRWV is the only provider to get the to

1. Retail activity $Robinhood(HOOD)$ traders apparently felt fine fighting the Fed by buying the dip: net daily purchases of single stocks [on Tuesday] were the third highest on record, trailing only June 12 (#1, $SpaceX(SPCX)$ 's IPO) and September 23 (#2). 2. SPY 200DMA Th $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ could spend the next 69 trading sessions going sideways between $730 and $780, and its 200-day moving average would keep rising every day. Even if every close was at the bottom of that range. 3. AI spend AI spending rose to a new peak in October, rising 1.65% from September. Spend also in