Analysts can push junk names like $NEBIUS(NBIS)$ and $CoreWeave, Inc.(CRWV)$ while manipulating estimates to crush stocks like NKE. Nike's earnings weren't bad at all. First-quarter revenue came in at $11.21 billion, missing analyst estimates of $11.33 billion. That's a miss of just a few million, almost nothing. Still big positive cash flow and dividends.
$NEBIUS(NBIS)$ Re-posting a comment from Seeking Alpha that I thought was worth sharing: "I think people are tremendously underestimating what Nebius is building with Token Factory. Fireworks, Baseten, CoreWeave and others are doing some of these individual pieces extremely well. But I don't see anyone attacking the entire problem from the underlying infrastructure all the way through production inference and integrating it as tightly as Nebius. Eigen, Clarifai and now Inferize aren't random acquisitions. Nebius is systematically optimizing the model, kernels, orchestration, utilization and scaling, all on top of infrastructure they control. Everyone is focused on GPUs, power and gigawatts. I think the eventual
$NEBIUS(NBIS)$ There were also some earlier analyst actions from August and July that stood out. DA Davidson, Citigroup, Baird, Northland Capital Markets, Freedom Capital Markets, and others all either raised price targets or initiated coverage on NBIS during the broader summer period.
$NEBIUS(NBIS)$ NBIS has picked up a few analyst upgrades and target raises this month. BNP Paribas led the way, moving it to Outperform with a $399 target. William Blair initiated coverage at Outperform on Sept. 30, and BNP Paribas upgraded NBIS from Neutral to Outperform on Sept. 24, raising its price target from $260 to $399. Truist Securities also started coverage at Buy with a $355 target on Sept. 9.
$CoreWeave, Inc.(CRWV)$ My guess is someone knew the algorithms were going to sell off AI stocks into the end of the month. That would explain the 3 million plus shares added short over the past two days. But it looks like buyers kept stepping in. They wanted a red close both days and couldn't pull it off.
$CoreWeave, Inc.(CRWV)$ This ticker is wild. Are we really supposed to believe it gets pumped and dumped every morning? I'm not happy about max pain sitting at $86 this Friday. Could that still play out even with $Micron Technology(MU)$ earnings coming up? $Micron Technology(MU)$ max pain is at $1015, with the current price at $1067. I want this to be bullish, but if we only look at max pain, it doesn't look great for bulls.
$AIB Data Centers(AIB)$ Slingshot is bouncing back to $1.60 with big volume. It has the biggest news in the market today with this massive deal involving NBIS.
$NEBIUS(NBIS)$ Market cap will end up bigger than PLTR. Just wait and see over the next couple of months. All the fud against AI trades will come crashing down.