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Nebius Group (NBIS) posted third-quarter gross of $146.1M with 355% year-over-year growth.
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D-Wave Quantum (QBTS) tripled gross successful 2025 with gross margins improving 1,500 ground points to 71.4%.
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IREN (IREN) precocious signed a $9.7B mact with Microsoft for hosting operations that could acceptable the AI unreality banal up for years to come.
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The banal marketplace has been a rollercoaster this year, marked by geopolitical tensions, commercialized wars, and shifting Federal Reserve policies that person near investors connected edge. Yet definite stocks person delivered blockbuster gains, surging hundreds of percent oregon much connected the backmost of AI hype, crypto rebounds, and tech breakthroughs. Sectors similar quantum computing and information centers person led the charge, with shares rocketing arsenic superior flooded in.
However, galore of these winners person outpaced their underlying net and currency flows, prompting Wall Street to slap connected terms targets good beneath existent levels -- signaling imaginable pullbacks for overextended names. Still, not each high-flyer is overvalued. Nebius Group (NASDAQ:NBIS), D-Wave Quantum (NASDAQ:QBTS), and IREN (NASDAQ:IREN) person posted stellar runs, climbing 170% to 242% year-to-date. Analysts spot much upside ahead, too, with targets implying astatine slightest 68% maturation from here, betting connected their roles successful the AI and integer plus booms.
Nebius Group has transformed into a pure-play AI unreality supplier since its 2024 rebrand of Russia's Yandex. Its banal has rocketed 242% successful 2025, driven by explosive request for GPU clusters amid the planetary AI rush.
Third-quarter gross deed $146.1 million, up 355% year-over-year, fueled by large deals with Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) to big their AI workloads. The company's enlargement successful Finland and Kansas City has ramped capacity, targeting a $7 cardinal to $9 cardinal annualized run-rate by precocious 2026.
Investors piled successful arsenic Nebius positioned itself arsenic a cost-effective alternate to hyperscalers similar Amazon's (NASDAQ:AMZN) AWS, with its full-stack level drafting developers for easier AI deployment.
Analysts stay upbeat, with a statement "Buy" standing from six firms and an mean 12-month people of $159 per stock -- 68% supra the caller $95 close. Citing Nebius's borderline successful European information sovereignty, a $20 cardinal bid backlog, and partnerships that fastener successful multi-year revenue, the company's pivot to neutral infrastructure has eased concerns implicit its Russian pedigree.

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