$NBIS outlook is pretty insane yet again.
$582.3M revenue (+454% Y/Y, +46% Q/Q) off ~50% adjusted EBITDA margin (AI Cloud). $8.04B cash on hand.
Reiterates financial guide (2026 revenue: $3.0–$3.4B
2026 EoY ARR: $7–$9B), I was hoping for a raise, but it's already massive growth.
Not really about this quarter financials, but these signals:
- "We could sell our entire 2027 capacity on these terms today." massive visibility on demand
- "4 customer agreements averaging over $1B+ each in contract value"
- Around 70% of Q2 deals included customer prepayments
- Contracted power guidance was raised again, from more ~4+ GW to 5 GW. (this used to be a concern vs. $IREN debate, but Nebius power guidance keeps going through the roof).
- Expects $9B+ of prepayments in 2026 and says it has $40B+ of commitments.
- annual contract value per MW keeps going brrr (>$40M/mw for Q3 short term capacity deals)
Same bear story will always be there (eg. large $5.66B of capex with current GAAP net loss), but demand is extreme with massive visibility, with increasing AI Cloud adjusted EBITDA margins ( 24% -> 45% -> 50% progression)
We kinda got this read through from all your hyperscaler cloud earnings and $CRWV backlog yesterday, but glad it's showing up in Weebius's earnings.
"We are, together, going to make America bigger, better, stronger, wealthier, healthier, and more religious, than it has ever been before!!! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA!!!" –President Donald J. Trump 🇺🇸
People keep saying $Ski is the next $Wif or $Shib, but I truly believe $Ski can outperform both of them. I’ve just never seen engagement from any meme community like the $Ski gang. It truly is unreal.
Mask on. Get ready for the move up…
$toshi a base meme coin got listed on Coinbase last week and it ran up to $800m market cap very quick in this choppy sideways market.
Few takeaways:
1. Coinbase listing effect is strong. Plays can run up just from getting listed.
2. Coinbase is also starting to list more base plays.
Instead of chasing the pump, look for the next rotation.
There’s a few base plays that I think will have similar effects this cycle.
I believe the number 1 best memecoin on base is still $ski for this cycle.
We had a good healthy shakeout the last few weeks and I believe the next leg up will be violent.
Message to all CEX:
$SKI Mask Dog is the top dawg on BASE! No big exchange has listed $SKI and yet we have a huge holder count and one of the biggest meme coin on base chain. We’ve had high volume without easy accessibility. Why wouldn’t you want to make money off fees from us.
We have demonstrated time after time high, consistent volume. Make the right business move. Billions upon billions of volume, TAKE ADVANTAGE!!!
@CoinbaseWallet@coinbase@CoinbaseAssets@binance@BinanceFutures@krakenfx@Bybit_Official
My message to every business in the world is very simple.
Come make your product in America, and we will give you among the lowest taxes of any nation on earth. But if you don't make your product in America, you will have to pay a tariff.
🚨UPDATE: $TRUMP is primed for a breakout to $100M+
The $SOL ETF likely to be approved tomorrow (Jan 23)
The accumulation phase is ending
Prepare for all time highs 🚀