Nebius Is Past The Narrative Phase

Group 1 - The core message emphasizes that demand for Nebius Group (NBIS) is strong, with confirmed interest from hyperscalers as real clients, indicating that capacity will sell once it goes live [1] - Pythia Research focuses on identifying multi-bagger stocks in the technology sector, utilizing a blend of financial analysis, behavioral finance, and alternative metrics to find companies with high potential for growth [1] - The investment strategy is based on understanding market sentiment and psychological factors that drive investor behavior, which can lead to mispricing and create breakout opportunities [1] Group 2 - The approach includes analyzing psychological noise in the market, assessing whether volatility is driven by emotion or fundamentals, and identifying companies that are redefining their categories [1] - The research process looks for early signals of growth, such as shifts in narrative, social traction, and momentum in user adoption, which can precede significant market moves [1] - The focus is on conviction plays with a favorable risk/reward profile, aiming for limited downside and significant upside potential, based on the belief that the best returns come from recognizing where belief lags behind reality [1]