Meet the Next AI Darling That Citron Research's Andrew Left Says Can Double. Nvidia Is an Investor and Not a Single Wall Street Analyst Covers the Stock.

06.12.24 12:30 Uhr

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Citron Research's Andrew Left made some big calls as of late. Recently, Left went short on Michael Saylor's company, MicroStrategy, suggesting that the data company and large buyer of Bitcoin is now trading detached from Bitcoin fundamentals. The call is interesting because Citron and Left four years ago said MicroStrategy was the best way to gain exposure to Bitcoin, although part of the short thesis is due to expanding access to Bitcoin.Left is now making another bold call, claiming he's found Wall Street's next artificial intelligence (AI) darling. The call conveniently occurred on the same day that AI chip king Nvidia participated in a $700 million private placement for the company that also included the venture capital giant Accel and global investment firm Orbis Investments. Let's meet this new potential AI darling and see if it is as promising as Left says.Citron's shoutout and Nvidia's investment may have been the first time you heard of the AI infrastructure company Nebius Group (NASDAQ: NBIS). How is that possible? Well, Nebius has been on an interesting journey.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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21.11.2024NVIDIA HaltenDZ BANK
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11.06.2024NVIDIA HaltenDZ BANK
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04.04.2017NVIDIA UnderweightPacific Crest Securities Inc.
24.02.2017NVIDIA UnderperformBMO Capital Markets
23.02.2017NVIDIA ReduceInstinet
14.01.2016NVIDIA UnderweightBarclays Capital
26.07.2011NVIDIA underperformNeedham & Company, LLC

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