1 of 1
Story summary
- Nebius, a company spun off from Yandex, provides GPUs for AI training.
- Nebius secured a $27 billion deal with Meta Platforms, boosting growth prospects and backlog that includes contracts with Microsoft and Meta.
- The stock market faces pressure from U.S.-Iran tensions and rising oil prices, pushing investors toward long-term opportunities.
- Analysts from J.P. Morgan and Bank of America rate Amazon and SanDisk as buys, citing AI demand and AWS growth.
