Nebius Q3: There's No AI Bubble

Core Viewpoint - Nebius Group N.V. (NBIS) reported strong earnings despite a slight revenue miss, with management guiding towards an Annual Recurring Revenue (ARR) of $7-$9 billion, exceeding expectations [1] Financial Performance - The company achieved earnings that were considered impressive, overshadowing a mild revenue shortfall [1] - Management's guidance of $7-$9 billion ARR indicates significant growth potential and market confidence [1]