$NBIS Up 30% — And Why I Just Bought 700 Shares of $SOFI

The trade I made on $NBIS back in early May has started to show strong results. The stock is already up over 30% since my purchase, and I want to give credit to anyone who followed me on that move. It’s always rewarding to see research-backed conviction pay off.

But I am not cashing in just yet. I continue to hold $NBIS as an infrastructure bet on the future of AI. I believe the company is well-positioned in a rapidly expanding space, and I plan to stay invested for at least the next 12 months or possibly longer depending on how the landscape evolves.

A New Addition: $SOFI

Outside of that, I haven’t made too many moves lately but mostly because I was away on vacation. However, I did take a position earlier this week: 700 shares of $SOFI at $13.50/share.

Unfortunately, I may have mistimed this move by a day, as it looks like the markets will pull back in response to renewed tariff threats from President Trump, this time targeting the European Union with a proposed 50% tariff (rolls eyes). This kind of geopolitical headline risk tends to spook the markets short term, but it also creates attractive entry points for investors who can look beyond the noise.

Right now, $SOFI is trading in the $12–13 range, and I see it as a compelling opportunity.

Why I’m Bullish on SoFi

SoFi (Social Finance) is not your traditional bank. It’s a digital-first, asset-light financial platform built for scale. Here’s what stood out to me:

• End-to-end financial services: loans, mortgages, credit cards, and investing all in one app.

• Lead monetization model: instead of turning customers away, SoFi sells leads to partners and collects fees, minimizing credit risk while still profiting from user demand.

• Asset-light strategy: the digital model allows SoFi to scale rapidly without the cost burden of a physical branch network.

• Explosive member growth: from 3.4 million in 2021 to 10.9 million in 2025, representing a 52% CAGR.

• Ambitious long-term goal: aiming for 50 million members by 2035, which would position it in the same tier as major U.S. banks.

Let’s put it in perspective:

Bank	Market Cap
JPMorgan Chase (JPM)	$700B
Bank of America (BAC)	$313B
Wells Fargo (WFC)	$238B
SoFi	$15B

The upside potential here is massive especially when you factor in their relatively small market cap today.

Leadership Matters

Leadership is another reason I’m confident in SoFi’s vision. We all know I love growing companies with charasmatic leaders, (like Karp at PLTR) and SoFi's  CEO, Tony Noto (what a name!) brings deep experience, having served as:

• Managing Director at Goldman Sachs

• CFO of the NFL

• COO of Twitter

This is a team that understands both finance and tech, and that’s a rare but powerful combination in the fintech world.

The Risk: Profitability Still in Progress

To be clear, SoFi isn’t without challenges:

• Revenue is strong, but they’re still in investment mode, spending heavily on growth.

• Net income remains low, but that’s not unusual for a company aggressively scaling in a competitive space.

That said, if they continue to execute and hit their goal of 50 million members, I believe $SOFI has 10x potential over the next decade.

Final Thoughts

Right now, I’m not rushing into many new positions. But $SOFI felt like the right opportunity at the right time, especially with the market giving us a temporary discount due to macro headlines.

As always, I’ll keep you updated as new opportunities emerge.

My Latest Pick: An AI Company with a Bright Future $NBIS

Hello fellow investors.

How's the market treating you so far in 2025? 

Well, the S&P500 is still negative for the year, but it looks like Trump maybe easing up on tariffs, so that may bring us into positive territory soon. We'll see. 

But if you've been following along here and investing like I have, you are likely doing far better than 95% of investors out there, even in a rough year like this. My personal YTD return is over 20%, I am VERY proud of this specifically in a year where everybody has been struggling and losing money. 

The best hedge funds in Manhattan tend to unofficially promise returns between 10-20% in a year, so for me to consistently beat them puts a huge grin on my face. 

In the last year, I am up over 100% in my portfolio. I spend a lot of time reading market news, researching companies, and devote a lot of time to this. But I genuinely love doing this and it doesn't even feel like work to me, so I am very happy to be at least rewarded financially for all of this. 

Now, that being said a lot of this is due to my high conviction in PLTR which I have been promoting since 2021 here, but my very recent pick, HIMS has also taken off like I expected. 

So naturally, some of you are already asking me what's next. I've been working on this one for a while, but here is my latest investment: 

It’s called Nebius, ticker symbol $NBIS, and it just might be the best kept secret in AI.

So What Is Nebius?

$NBIS is a next-gen cloud provider. Not just your typical storage and compute shop either. Nebius builds highly specialized AI infrastructure, offers developer tools, and runs one of the most impressive hardware-software stacks I’ve seen outside of hyperscalers. Think AWS and Azure, but streamlined for AI workloads and far more cost efficient.

The company is founder-led. It carries no debt, holds 2.4 billion dollars in cash, and is quietly building a monster. They own three high-potential subsidiaries and a meaningful stake in ClickHouse. And somehow, they’re still trading at just a 6.6 billion dollar valuation.

The core business alone could 4x or more from here. And that’s before even accounting for the other units.

The Big Picture

Nebius is gunning for dominance in the AI infrastructure race. The total addressable market for AI cloud is expected to grow at a 35 percent CAGR through 2030. Everyone wants compute power, and Nebius is offering some of the most cost-effective, high-performance solutions in the game.

They operate two key platforms:

• Nebius AI Cloud — optimized for AI training and inference

• Nebius AI Studio — a platform for researchers and developers to fine-tune, test, and deploy models

And now they’ve introduced TractoAI, a serverless platform that makes deploying AI workloads even easier, priced by usage instead of cluster time.

This isn't just a "cool tech" company. This is an extremely well-funded, engineering-heavy operator that designs its own servers, racks, and even motherboards. They run world-class data centers in Finland, the US, Paris, and Iceland. Their Finland site ranks among the top 20 supercomputers globally.

Let that sink in.

Why It Stands Out

A few things make Nebius unique:

• They’re a preferred Nvidia partner, meaning they get early access to top GPUs like Blackwell. That’s a massive edge in the AI compute wars.

• Their infrastructure is 20 to 25 percent cheaper to operate compared to others.

• They’ve got over 15 years of experience in server optimization.

• They’re expanding hard. By the end of 2025, Nebius expects to have 100 megawatts of capacity in the US and over 400 megawatts globally.

Let’s talk about scale for a second. At full capacity, their Finland data center alone could generate 1 billion dollars in annual recurring revenue. Add Missouri, Iceland, and Paris, and you get a path to 2.5 billion dollars ARR by mid-2026.

Apply even a modest 9 times ARR valuation, and that core business alone could be worth 22.5 billion dollars.

But that’s just part one.

Now Enter the Subsidiaries

Avride — The Sleeper in Autonomy

I was shocked this company wasn’t getting more attention.

Avride is Nebius' autonomous vehicle arm. Think robotaxis and delivery robots. They were the first to launch robotaxis in Europe and have already driven 22 million kilometers. That’s more than Cruise, Zoox, or Motional in some cases. Zero accidents.

They’re already operating in Moscow and testing in the US and South Korea. Starting this year, they’ll be running paid rides in Dallas through Uber. They’ve partnered with Hyundai to move toward full autonomy.

This is serious. Cruise raised money at a 30 billion dollar valuation. Zoox sits around 6 billion. Motional, which hasn’t even tested highway driving, was last valued at over 4 billion. Avride is at least on par,  or maybe even further ahead.

They also have autonomous delivery bots already deployed in the US, UAE, and Korea. Over 200,000 deliveries completed. Uber Eats integration. They expect to scale to 1,000 units by the end of the year.

Serve Robotics, which is doing something similar, is valued at 500 million with half the deployment. So conservatively, the delivery division alone should be worth a few hundred million. The robotaxi unit? Could be 6 to 10 billion by itself once it scales.

Toloka — Data Is the New Oil

Toloka is one of the world’s top AI data labeling platforms. Clients include Microsoft, AMD, Amazon, and more.

They’ve evolved from basic crowdsourcing to offering high-quality, targeted data for training large language models. This is one of the biggest bottlenecks in AI development right now, and Toloka is well positioned to dominate.

2024 revenue is projected at 60 million dollars, growing at over 40 percent annually. That puts 2030 revenue at around 322 million. At just 5 times sales, you’re looking at a 1.6 billion dollar valuation.

Again, that’s conservative.

TripleTen — Educating the AI Workforce

TripleTen is a fast-growing online bootcamp focused on AI and software training. Over 1,000 students enroll monthly, and they’ve recently expanded into B2B training for companies looking to reskill employees in AI.

They expect 50 million dollars in revenue by 2025 and are growing rapidly. The educational tech market is projected to grow at over 26 percent annually. If TripleTen hits 160 million dollars in revenue by 2030 and trades at 2 times sales (like Coursera), that’s another 320 million dollars in value.

ClickHouse Stake

Nebius owns 28 percent of ClickHouse, an open-source columnar database built for fast analytical queries. It’s used by giants like Microsoft, Spotify, Lyft, Block, Meta, and more.

ClickHouse was valued at 2 billion dollars in 2021. Since then, it’s only expanded. That makes Nebius’ stake worth around 560 million dollars, minimum.

Valuation Summary

So what do we have here?

• Core cloud business could be worth 22 to 27 billion by 2026 to 2028

• Avride could reach 6 to 10 billion in value

• Toloka could be worth 1.6 billion by 2030

• TripleTen around 320 million

• ClickHouse stake valued around 560 million

And all of that... is bundled into a company that today is valued at just 6 billion dollars.

Yes, There Will Be Dilution

Let’s be real. The cloud business is CapEx intensive. Avride will need funding. Nebius raised 700 million in December and has 235 million shares outstanding, plus 126 million shares held in treasury for incentive plans and future financing.

Even if total dilution reaches 53 percent (I think that’s the ceiling), the upside is still massive.

Where This Could Go

I believe $NBIS could be worth 10 billion dollars by the end of this year. They’re expected to hit 750 million dollars in ARR and are on track to break even on adjusted EBITDA.

By 2026? The company could conservatively be worth 35 to 40 billion.

By 2030? I wouldn’t be surprised to see a 50 billion dollar valuation, maybe more, depending on how AI compute demand evolves and how Avride scales.

Even if you assume full dilution, you’re still looking at a 5 to 10x return over five to seven years.

At sub $30, I find this to be a bargain. I think this can reach $50 within this calendar year. 

Final Thoughts

$NBIS is my highest conviction pick right now after PLTR & HIMS. 

It’s got strong fundamentals, massive growth, an unbeatable TAM, and one of the most talented engineering teams in AI. They’re building everything from the ground up, solving multiple bottlenecks in AI: compute, data, and talent all under one umbrella.

This is the kind of company that becomes obvious only in hindsight. But I’m not waiting for hindsight.  

We'll see. 

PLTR & HIMS Deliver Strong Q1 2025 Results

Both Palantir Technologies (PLTR) and Hims & Hers Health (HIMS) reported their Q1 2025 earnings on Monday after hours, and both showed signs of rapid, and impressive growth. 

However, the market’s reaction (especially to Palantir) suggests investors may be weighing more than just numbers with today's complex market. 

PLTR: Great, But Not “Stellar”? Market Reacts with a Pullback

Palantir delivered VERY strong results:

• Revenue: $884M (+39% YoY)

• Net Income Margin: 24% (profitable for the 7th consecutive quarter)

• U.S. Commercial Revenue: $255M (on a $1B run rate)

• FY 2025 Guidance: $3.89B to $3.902B (vs. consensus of $3.74B)

• Rule of 40: 83

Despite these metrics, the stock dropped more than 12% after hours.

This may seem confusing to retail investors, but it reveals something deeper: expectations were sky-high. With CEO Alex Karp declaring “Palantir is on fire,” many investors were expecting stellar numbers not just great ones.

Some skepticism may also stem from the slower growth in Palantir’s European commercial segment. Based on my experience, European companies tend to be slower in adopting new technologies, especially platforms as disruptive as Palantir’s. That friction may have led to a perception that international commercial acceleration could lag behind the U.S. and hinder future growth. 

Investors may also fear Palantir is approaching an era of decelerating growth. While I strongly disagree with that narrative, it could explain the reaction. Once a growth stock trades at a high multiple it’s held to extremely high standards. Any perceived slowdown triggers concerns about valuation. And thats what we have here. 

That said, I remain highly confident in Palantir’s long-term trajectory. Their AI and defense edge, combined with increasing commercial adoption in the U.S., will catapult them into $1 trillion territory in the next 2–3 years. If that happens, a stock price of $400 is within reach. 

It might seem far-fetched now, but remember just a few years ago, companies like Meta, Netflix, and Nvidia faced similar skepticism over their valuations. Those doubts didn’t age well. If anything, it highlights how often Wall Street’s institutional investors lag behind in understanding and valuing transformative technologies like PLTR. 

I am still bullish as ever especially with these guys, especially considering where I think they are headed with the FDEs. 

HIMS: More Than Just a GLP-1 Play

I recently posted that my latest high conviction investment was in fact HIMS. And wow was that an awesome pick. 

Hims & Hers delivered a standout quarter:

• Revenue: $586M (+111% YoY)

• Net Income: $49.5M

• Adjusted EBITDA: $91.1M (nearly tripled YoY)

• Subscribers: 2.4M (+38%)

• Average Revenue per Subscriber: $84 (+53%)

• FY 2025 Revenue Guidance: $2.3B to $2.4B

Much of the media coverage focused on the company's rollout of GLP-1 weight-loss drugs, including oral and injectable options. That’s a significant growth driver but there’s more to be excited about.

I’m extremely bullish on three key developments:

1. New COO from Amazon: Amazon alumni often bring exceptional operational discipline and scaling experience. This hire could unlock significant efficiencies and execution capabilities.

2. International Expansion Plans: With 2.4M subscribers largely concentrated in North America, HIMS has massive untapped potential overseas (Australia, New Zealand, UK seem like logical places for expansion).

3. Expanding Treatment Portfolio: They’re preparing to roll out targeted treatments for low testosterone in men and menopause in women. These are pressing social and health issues that affect millions and they fit naturally within the HIMS brand and telehealth infrastructure.

Combine these with their GLP-1 offerings, and HIMS is building a comprehensive wellness platform. Their growth is just getting started.

Two Winners, Two Market Reactions

Both companies are growing at an extraordinary pace, this is growth that legacy firms would envy. A 40% & 110% year-over-year revenue increase isn’t just impressive; it’s rare. I still remember in business school, we were taught that 10% annual growth was considered excellent. By that standard, what PLTR and HIMS are achieving is nothing short of phenomenal. 

But the initial remark response saw PLTR drop about 10% and HIMS pop almost 20%. 

The difference in market response speaks volumes about investor psychology:

• PLTR fell due to sky-high expectations, possible misinterpretations about European growth, and valuation concerns.

• HIMS surged due to positive surprises, operational momentum, and a clear vision for growth.

I put partial blame on this due to the market uncertainty we have with tariffs, if this news was given after a green day, I think both companies stocks would pump significantly more. But anyways, as long-term investors, we must look beyond the short-term price action. 

Fundamentals, leadership, and product-market fit will ultimately win, and both these companies are positioning themselves at the center of massive, long-term trends.

TLDR: Bullish on PLTR, bullish on HIMS.