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MarketBeat
MarketBeat
Thomas Hughes

Nebius Partners With Meta—AI Growth Could Send Stock to New Highs

Nebius Group’s (NASDAQ: NBIS) stock price rally is only half over because this company is still in the earliest phases of hypergrowth, and the outlook is swelling. While the Q3 results fell slightly short of the consensus estimate, the bar was set high, the company grew at a high triple-digit pace, and the guidance is fantastic.

Among the highlights is a new deal with Meta Platforms (NASDAQ: META) to supply AI computing power.

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