IREN trades down 6% year to date while NBIS surged 150%, creating a contrarian entry if Roberts delivers Horizons 2-4 on schedule.
Customer prepayments funded 96% of IREN's Microsoft GPU capex, a capital-efficiency signal masking a $684M GAAP loss tied to scrapped mining hardware.
Nebius landed four contracts averaging over $1 billion each and holds $37 billion in obligations, but three customers generate 59% of its revenue.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nebius Group didn't make the cut. Grab the names FREE today.
IREN Limited (NASDAQ:IREN) and Nebius Group (NASDAQ:NBIS) just reported earnings that read like two chapters of the same AI buildout. IREN is closing a Bitcoin-to-AI pivot. Nebius is stacking billion-dollar contracts on a full-stack cloud. One quarter looked painful. The other looked pristine.
#iren #nbis
Customer prepayments funded 96% of IREN's Microsoft GPU capex, a capital-efficiency signal masking a $684M GAAP loss tied to scrapped mining hardware.
Nebius landed four contracts averaging over $1 billion each and holds $37 billion in obligations, but three customers generate 59% of its revenue.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nebius Group didn't make the cut. Grab the names FREE today.
IREN Limited (NASDAQ:IREN) and Nebius Group (NASDAQ:NBIS) just reported earnings that read like two chapters of the same AI buildout. IREN is closing a Bitcoin-to-AI pivot. Nebius is stacking billion-dollar contracts on a full-stack cloud. One quarter looked painful. The other looked pristine.
#iren #nbis
2 months ago
