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Citron hits the table, Nebius skyrockets, and the CEO declares it as "authentic."
Citron Research, focusing on artificial intelligence technology companies, harshly criticized Nebius (NASDAQ: nasdaq) NBISand CEO Arkady Volozh stated that it is "real", causing the company's stock price to surge by over 8% on Tuesday.
"Citron is massively publicizing that $NBIS will become the next darling of AI Wall Street," the research firm reported to X Social NetworkWritten."An untapped entity that analysts have not yet investigated, the market may not have realized its significant potential or underestimated CoreWeave." The stock price has risen by almost 35% in the past month.
Cut ties with Russian companies.Before.Nebulous, formerly known as Yandex,Is likely to go public next year.CoreWeave, a cloud service provider, likened to the highly likely Citron company that will go public.
"If $NBIS were to trade at a 50% discount to Coreweave's P/E ratio, it would be $60 (roughly calculated)," added Citron, comparing it to Nvidia (NVDADescribed the investment in Nebius by (someone) as not "outrageous".
On Monday, Nvidia became one of the investors in the $0.7 billion private funding round by Nebius.Among other investors are specific accounts managed by Accel and Orbis Investments.This funding will support further development plans for Nebius's full-stack AI infrastructure.
"Citron is massively publicizing that $NBIS will become the next darling of AI Wall Street," the research firm reported to X Social NetworkWritten."An untapped entity that analysts have not yet investigated, the market may not have realized its significant potential or underestimated CoreWeave." The stock price has risen by almost 35% in the past month.
Cut ties with Russian companies.Before.Nebulous, formerly known as Yandex,Is likely to go public next year.CoreWeave, a cloud service provider, likened to the highly likely Citron company that will go public.
"If $NBIS were to trade at a 50% discount to Coreweave's P/E ratio, it would be $60 (roughly calculated)," added Citron, comparing it to Nvidia (NVDADescribed the investment in Nebius by (someone) as not "outrageous".
On Monday, Nvidia became one of the investors in the $0.7 billion private funding round by Nebius.Among other investors are specific accounts managed by Accel and Orbis Investments.This funding will support further development plans for Nebius's full-stack AI infrastructure.
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