Sam Badawi
NEBIUS DEEP DIVE | The Pitch to Amit
5/15/2025, 9:36:45 AM
Economic Summary
- Revenue beats and strong earnings lifts multiple tech names
- Cisco margins boosted by tariff exemptions
- Nebius targeting $750M-$1B ARR in 2024
- Saudi Aramco announced $90B in MOUs with US firms
- Qatar Airways ordered record batch of Boeing jets
- Potential market melt-up towards SP500 7000
Bullish
- CoreWeave beat revenue estimates by $100 million
- Cisco double beat with higher margins than expected
- Nebius growing at 462% year over year
- Nebius backed by Bezos, NVIDIA, and Shopify CTO
- Grab benefits from potential GoTo merger removing main competitor
- Robinhood expanding internationally and innovating features
- Bullish macro setup with AI investment accelerating
- Institutions holding cash may fuel market melt-up
Bearish
- CoreWeave had a major EPS miss despite revenue beat
- Nebius faces geopolitical risk due to Russian origins
- High momentum stocks like Hims could face pullbacks
- AI infrastructure investments require heavy CapEx and capital raises
- Iris Energy missed EPS and revenue estimates
- Potential competition for HIMSS from Amazon and other entrants
Bullish tickers
CORECSCONEBIGRABHOOD
Bearish tickers
COREIRENHIMS
People mentioned
Donald TrumpJerome PowellTom LeeScott HerringJeff BezosVlad Tenev