5to9_M.J.

I just published my thoughts on todays earnings from Nebius ($NBIS). If you are tracking the AI infrastructure trade, you need to see this. I break down the Q4 numbers, the 2026 roadmap, and why I’m still bullish despite the dip. Read the full breakdown here: x.com/5to9_MJ/status…

@ParadisLabs Interested to hear your thoughts on Plan Optik AG also ✌️

LPKF Laser are kinda interesting. Initial notes are: -> Owns LIDE - only 2-step laser + etch process hitting 5µm vias at 50:1 AR on glass panels. -> Every serious glass substrate player (SEMCO, SKC Absolics, LG Innotek, DNP, Intel) is a customer, partner, or in qualification. -> Their LIDE process is the only one hitting the spec envelope $AVGO/ $AAPL/ $NVDA ASICs actually require? -> €337M MC - seems to be priced as a solar-drag industrial laser co. Not as a chokepoint of the packaging transition. -> Pretty ugly P&L. I started a small position yesterday which I'll build out next week depending on how I feel when the time comes.

@babyfolio Gonna research it for a bit. First glance looks very interesting

$CRDO is so underappreciated. It feels like $NBIS post $MSFT deal, where the grasp of what's to come isn't fully comprehended. $CRDO entering optics isn't new, but it was never priced in, the new acquisition proves it's not just noise, it's real TAM unlocked, and we all know how big it is thanks to @aleabitoreddit I'm long $CRDO and believe it should be trading at $200 TODAY.

@SJCapitalInvest Solid choice! Most people (including me) try to get away from the job, but having one you actually love and enjoy is worth everything. Good luck in your career, thanks for all you’ve done here and if it will start itching one day, just come back in a more relaxing way ✌️

@DrJebaim Should look into $OUST

Friends - give me 1 ticker to put the rest of my cash today and close the app for the next 2 weeks. Preferrably nothing too risky, with decent upside: - no prerevenue crap - low/no debt - healthy business - any MC - I beg you, no $SIVE or $P40.DE or similar crap. 🙏

@ecommerceshares 19x on 26% EPS growth is honestly not a bad deal for a company that owns 4 of the most used apps on the planet. I think people are pricing in tariff macro fear more than actual fundamental deterioration.

$META now right at 19x ‘26E consensus EPS, which sits at $29.6. Haven’t seen that for a while. Are people starting to expect major downward revisions in the next few weeks? Or did Q1 leak? 26% EPS growth expected this year, down to 16% in ‘27E due to more capex depreciation.

@SmallCapSnipa I don't think Mr. Market read the press release. This is noise

Data centers are RED today 📉 🔴 $CRWV -2.07% 🔴 $NBIS -4.81% 🔴 $IREN -5.57% 🔴 $WULF -6.94% 🔴 $CIFR -7.43% We are one day removed from Cipher Digital closing a 15 year hyperscaler lease and $200M revolving credit facility

@babyfolio $OUST

Looking for insanely under the radar, profitable, growing, and founder-led companies. Anyone has any idea?

@EndicottInvests I think there's real room for a leaner, hungrier hyperscaler to carve out serious share, especially in Europe where data sovereignty is becoming a massive deal. 🔥

$NBIS "Think about Nebius as a fourth hyperscaler." - Arkady Volzoh, CEO GOOD MORNING 🔥🔥

@pepemoonboy Never heard of it, what's causing this rally?

Correction* You’d now have roughly $160k if you had invested $10k into $VCX on Thursday. This is actually nuts…

@StockSavvyShay I get the read but I'm not sure I agree. Less memory per workload doesn't matter if the number of workloads scales 10x. I think the market is reacting to the wrong variable here, efficiency gains in AI have historically grown demand, not shrunk it.

$MU and $SNDK are getting hit hard at the open from the release of $GOOGL TurboQuant. The market is reading it as a potential headwind for memory names because long-context AI inference may now need far less memory per workload.

@StockSavvyShay A 15 year investment grade lease plus a $200M credit facility. I think people are still looking at $CIFR through the mining lens and completely missing what's being built here.

$CIFR signed a 15-year lease with an investment-grade hyperscale tenant to build a new HPC data center at one of its existing sites. The company also secured a $200M revolving credit facility with an option to expand it by another $50M.

@SmallCapSnipa 25-year contracts don't happen when you're uncertain about demand. The way I see it, hyperscalers are locking in compute for decades

$CIFR ANNOUNCES THIRD DATA CENTER CAMPUS LEASE: Cipher Digital just locked in its third hyperscaler tenant • AWS - 15 years/$5.5B • Fluidstack - 10 years/$9B with extensions • TBA - 25 years Demand for compute isn’t just strong, it’s being contracted for decades in advance

@unusual_whales When Meta starts handing out options to execs after 13 years, they're not being generous but locking people in. Zuck knows the next 3-5 years are make or break for AI dominance.

Meta is offering top executives stock options for the first time since its 2012 IPO, per Bloomberg

@aleabitoreddit Or both are true. SNDK flush with NAND cash AND legacy memory is underpriced. Those two things aren't mutually exclusive

Woah Nanya was my long earlier in the year... Did not expect $SNDK to take a $1B+ stake in it just now. Fact that Sandisk is taking stakes in companies like Nanya, means bottleneck in legacy memory might be bigger / more underpriced than marketes thought. Massive implications for others like Macronix + other TW companies. Or... $SNDK just has too much money from NAND price hiking and needed somewhere to spend it?

@aleabitoreddit The inference shift thesis is real but ARM at 143B already pricing in a lot of that 5x. If LLMs get lighter, who says edge devices don't cut out the middleman entirely?

FYI: I went long on $ARM at $139. Genuinely a compelling long at $143B MC as markets shift more from training -> inference. Then $ARM AI CPUs cannibalize the market for inference and $NVDA market share. Especially as LLMs get more lightweight. The projections to $25B/revenue (5x revenue) are already insane to justify risk-reward.

@YodaStockInvest Also Dutch here 🤓

What country are you from? It’s amazing to see such a widespread community. I’m from the Netherlands in Europe myself! Country better known as Amsterdam worldwide lol

@babyfolio $OUST

Outside of $NBIS, what other companies are you looking at that aren't getting enough attention here?

@daniel_koss Excellent review on their deal 👌

While working on my $NBIS deep dive, I'll drop free alpha daily. Later today I'll post a longer article about how I more than 10x'd my portfolio in the last 2 years and what my thesis for investing over the next decade looks like. But here's a quick $NBIS appetizer already that no account on X talked about: The market completely misread the $27B $META deal. The market thinks $META locked in $27B worth of capacity, Nebius has to pay capex upfront and lock in a fixed price over 5 years and has all the risk with low margins. Reality is the exact opposite! Here's how the deal actually looks: $12B = committed. Additional $15B = backstop. Meta promises to buy if Nebius wants to sell. Nebius has zero obligation. This means Nebius is the price maker here. Meta is locking in supply because they're terrified of a shortage... and they know most providers can't meet their standards (which are very high across all hyperscalers). Nebius earned that credibility by building for hyperscalers ( $META $MSFT ) and delivering. If you can read between the lines you also understand that Nebius' bare metal margins will be much higher than the market wrongly assumes. Very few companies can build AI factories on Nebius level. Nebius does NOT see the $15B as revenue backlog. For them it's a credit facility. Nebius borrows against Meta's guarantee, builds the compute, then sells to higher-margin customers.

@SJCapitalInvest Family above all, you’ve made a good choice :)

@MMMTwealth Can’t go wrong with $OUST :)

$OUST deep dive out in the next 24 hours. It's a good'n.