CoreWeave, Inc.

Nebius Group N.V.

NVIDIA Corporation

Investor Jim Chanos, who predicted the collapse of Enron, one of the largest US companies, during the dot-com bubble, has warned of the warning signs he sees in the artificial intelligence market. He worries that cloud services that rent out servers to power AI are racking up loans secured by Nvidia chips, with most lacking a sustainable business model and a clear trajectory to profitability. This makes debt repayment problematic.

Investor who predicted Enron's collapse warned of cloud services default risks

SoftBank Corp.

Meta Platforms, Inc.

This week saw the end of the longest government shutdown in US history. Investment gurus sounded the alarm: Michael Burry accused Big Tech of artificially inflating profits, and Mark Mobius warned of an impending correction in the AI sector. The announcement of the stake sale to Nvidia caused SoftBank's stock price to decline, reflecting market doubts about the return on large-scale AI investments. At the same time, Arkady Volozh's Nebius signed a $3 billion contract with Meta, following an agreement with Microsoft. You can read about the main events from November 10 to 14 in our review.


Highlights of the week: US shutdown finale, Burry vs Big Tech, SoftBank sold to Nvidia

Advanced Micro Devices, Inc.

Coinbase Global, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Fed signals in focus

Nebius' capital expenditures soared even more in the third quarter, up 455%

Nebius closed a $3 billion deal with Meta and reported 355% revenue growth

Tesla, Inc.

Apple Inc.

Ferrari N.V.

Bitcoin fell below $100,000 this week for the first time in more than four months, and Ark Invest head Cathie Wood cut her target price for it by 20% to $1.2 million by 2030, citing the rapid growth of stablecoins. "The Buffett Indicator and the Barclays Overheating Index warn that the U.S. stock market is overvalued. Meanwhile, shareholders agreed to a record $1 trillion compensation for Musk, and Apple is preparing for a $1 billion deal with Google to speed up Siri updates. The main events of November 3-7 are in our review.

Highlights of the week: Apple and Google deal, Musk approved $1 trillion, US market overheated

The new product is a competitor to a solution from Microsoft, a key partner of Nebius

Nebius has launched a platform for scaling AI models. Shares jumped 5%

Microsoft Corporation

Amazon.com, Inc.

Alphabet Inc.

Arkady Volozh can be called the "champion of leaving Russia" - after his "divorce" from Yandex, he managed to get $5.2 billion for his stake and several foreign businesses and assets, get out of sanctions and use his Russian connections to establish business in the West

The Secret of Nebius: How Arkady Volozh launched a second global startup - already in the West

Uber Technologies, Inc.

Unmanned transportation technology developer Avride is part of the Dutch holding company Nebius Group

Volozha's Nebius is teaming up with Uber to invest $375 million in the robotaxi developer

Microsoft needs the deal with Arkady Volozh's startup to free up its own commercial capacities

"In the active expansion phase": Bloomberg named the target of the Microsoft and Nebius deal

CoreWeave "destroys rather than creates shareholder value," claims investment firm Kerrisdale Capital

'Lacks uniqueness': short-seller calls CoreWeave's share price 12 times overvalued

Oracle Corporation

The week of September 8-12 was rich in big deals. Nebius signed a contract with Microsoft for $17.4 billion and raised $3.75 billion in funding, Oracle signed an agreement with OpenAI for $300 billion, and ASML invested €1.3 billion in French startup Mistral AI - the deal raised its valuation to €11.7 billion. At the same time, investors were not impressed by Apple's new products, and Kering postponed the buyout of fashion house Valentino until 2028. The main events of the week are in our review.

Highlights of the week: new iPhone, Nebius deal, Oracle takes off

Nebius increased its convertible bond offering by $0.75 bln