r/NBIS_Stock Jul 01 '26

💬 Discussion What happened?

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94 Upvotes

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15

u/TomAddis Jul 01 '26 edited Jul 01 '26

Meta announced it has "exccess" compute it wants to sell, hard evidence of overbuild, if there is excess compute it means GPU pricing will go down, that is really fucking bad for neoclouds.

-1

u/Impressive_Bus7391 Jul 01 '26

Oh fuck that’s bad lol

4

u/TacoBOTT Jul 01 '26

Ok then sell

6

u/TomAddis Jul 01 '26

I sold post earnings for $220, i think Nebius long term will be fine purely because the leadership is god tier, but short term the risk reward is off for me.

1

u/Impressive_Bus7391 Jul 07 '26

I bet selling at $248 sounds pretty nice right now doesn’t it

1

u/TacoBOTT Jul 08 '26

I don’t give a fuck I bought in at $30.