I made some changes in the high growth portfolio this morning. I decided to sell 500 more shares of Nebius shortly after the opening and I got a fill at $167.29. There is an old Wall St. saying about trees not growing to heaven. Nebius is up 95% so far this year. I have presented my model…
Shares of Nebius have spiked significantly this week. The spike carried the shares to a portfolio weight that was simply too high for comfort. We sold 500 shares of Nebius in the high growth portfolio at $148.99 and that raised $74,495. We now have a 2700 share position in Nebius which is a weight of 22.7% in…
Nebius reported yesterday. Another strong quarter with a 20% beat on ending ARR and company wide positive EBITDA. The stock price has oscillated between a small gain and a small loss before showing some relative strength this morning. Some selling has been the result of the headline miss on revenue. These have been disagreeable times…
Thursday was just an awful day for investors in the enterprise software space and Friday hasn’t been much better. Our Ticker Target High Growth portfolio fell by almost 5% and is down by more than 4% today.. Not terribly surprisingly, the IGV ETF-extended tech software fell by a similar percentage while the WCLD ETF fell…
The market is once again suffering through a bout of what I might describe as bubble mania with aggressive selling of AI shares. In addition, the results of Netskope, while objectively very strong and better than anticipated, have seen some selling interest as well. Apparently issues with regards to Broadcom’s projected margins have somehow been readthrough…
Dear Subscribers: The editors at SA requested that I make some substantial changes to the article that I sent out last week. It proved to be far easier to write a new one than to try to deconstruct and reconnect an article. There are some updates and changes, but the thesis is the same. I liked…
I added 300 shares of Pure Storage to the high growth portfolio at $72.56. This brings the Pure Storage position to 2700 shares and a weight of 9.4% in the high growth portfolio. I was a bit precipitate and caught a falling knife. But I would rather be there than not, and I will remind myself about…
Summary Nebius is a leading competitor in the neocloud space. The company offers a full stack solution and the performance of its stack is said to be market leading. The company has recently acquired customers such as Meta and Microsoft who have contracted for billions of dollars of Nebius service. The company has also acquired…
As those of you who know me, I am not given to hyperbole. I see plenty of it in my role. I really don’t like to say something is incredible. But I do not know how else to describe the projections Nebius provided as part of this earnings release. As I write this, Nebius shares…
I know that many Ticker Target subscribers have positions in Nebius shares and are concerned about their consistent streak of losses over the last 10 days. That might have been particularly true yesterday, when the company announced that Uber was investing $375 million alongside Nebius to accelerate the roll-out of Avride’s autonomous transport deployment. The…