Latest news with #JeffBezos
Business Insider
6 hours ago
- Business
- Business Insider
Diversification Strategy Sparks Bullish Impetus in Nebius Group Stock (NBIS)
When I first invested in Nebius Group (NBIS) earlier this year, I approached it with cautious optimism—hyper- growth stocks carry inherent risk. Today, with the stock up over 50%, I remain confident and recently raised my 12-month price target to $60, implying further upside of over 50%. Confident Investing Starts Here: While its EV/Sales multiple above 50x may appear steep, it's less relevant for a vertically integrated AI infrastructure leader positioned to capitalize on current momentum. In my view, Nebius remains one of the most compelling growth stories in tech today. Nebius's Unstoppable Growth Drives Investor Frenzy Nebius's recent growth is off the charts. Nebius posted exceptional growth in Q1 FY2025, reporting $55.3 million in revenue —a 385% year-over-year increase—driven by surging global demand for AI and generative computing solutions. Management projects annual recurring revenue (ARR) between $750 million and $1 billion by year-end, underscoring the company's ambitious trajectory. What sets Nebius apart is its diversified, vertically integrated approach. Beyond its core AI cloud services, the company operates in several high-growth areas: Avride, an autonomous mobility venture; Toloka, a data-labeling and AI development platform backed by Jeff Bezos's venture arm; and TripleTen, an edtech startup focused on tech career reskilling. This strategic breadth positions Nebius to tap into multiple revenue streams within the expanding AI ecosystem. While some still associate the company with its Yandex origins, Nebius has taken definitive steps to establish its independence, restructuring in 2022, relocating its headquarters to Amsterdam, and relisting on Nasdaq. Its $700 million funding round in December, led by investors including NVIDIA and Accel, affirms growing confidence in Nebius as a credible and emerging leader in global AI infrastructure. Investors Await Rewards as Profitability Approaches While Nebius continues to invest aggressively, it is beginning to demonstrate operating leverage. In the same quarter that delivered standout revenue growth, the company reduced its adjusted EBITDA loss from $70.9 million a year ago to $62.6 million—an encouraging sign of improving cost efficiency. A year ago, operating expenses stood at an unsustainable 827% of revenue; that figure has since declined to 334%. Though still high, the downward trend points toward greater operational discipline. Nebius's cloud-based model is inherently scalable, allowing margins to expand as revenue grows and fixed costs are spread across a larger customer base. Management is targeting adjusted EBITDA profitability in the second half of FY2025—a goal that appears increasingly attainable given the company's accelerating top-line growth and improving cost structure Valuation Is Always Relative Let's tackle the elephant in the room—valuation. Based on an EV/Sales multiple of approximately 50x, Nebius appears expensive. For reference, Snowflake (SNOW) had a near-peak multiple of around 150x EV/Sales in early 2021 and fell rapidly to around 20x as revenues scaled. It's reasonable to expect Nebius's valuation will experience a similar development. Currently, Nebius stock exhibits extreme bullishness, as indicated by technical indicators, including the 14-day RSI, which stands at around 70. High volatility and irrational exuberance are typical among rapidly growing stocks, so investors should prepare for volatility, even when it's unlikely or difficult to ascertain, by examining the stock's price performance relative to its peers. Sentiment is always a risk with highly valued hyper-growth plays. However, when I consider the company's peers, Databricks or CoreWeave, Nebius's valuation is not entirely out of sync with the valuation models I commonly see across the AI infrastructure space. High multiples today can come back to earth in the near future as revenues move on up, making the current premium worthwhile. Is Nebius a Good Stock to Buy? On Wall Street, Nebius has a consensus Strong Buy rating based on three Buys, zero Holds, and zero Sells. The average NBIS stock price target of $52.33 indicates a 37% upside potential over the next 12 months. However, if it reaches $60, we're looking at a return of over 50% within 12 months. I'm Sticking to My Guns on Nebius I continue to view Nebius stock as one of the more compelling high-growth opportunities in today's market. While the stock may appear volatile and expensive by traditional metrics, its strong revenue growth, improving margins, strategic geopolitical positioning, and diversified revenue streams justify the current valuation. I maintain a bullish price target of $60, reflecting my confidence in management's execution capabilities and the potential for a favorable macro environment next year. For investors seeking high-risk, high-reward opportunities, Nebius stands out as a resilient and promising player in the AI space.
Geek Wire
10 hours ago
- Science
- Geek Wire
Watch six globe-spanning travelers take a quick space trip on Blue Origin rocket ship
The lineup for Blue Origin's 12th crewed New Shepard suborbital space mission includes, from left, Paul Jeris, Jaime Alemán, Gretchen Green, Aymette Medina Jorge, Mark Rocket and Jesse Williams. (Blue Origin Photo) Six well-traveled adventurers are due to go where they've never gone before when Jeff Bezos' Blue Origin space venture sends them on a suborbital space trip. The mission, expected to last about 10 minutes, is due for liftoff from Blue Origin's Launch Site One in West Texas as early as 8:30 a.m. CT (6:30 a.m. PT) Saturday. Blue Origin plans to stream coverage of the mission via its website, starting at T-minus-30 minutes. This will be Blue Origin's 32nd New Shepard suborbital launch, and its 12th crewed mission. The flight plan for the NS-32 mission calls for New Shepard's booster to send the crew capsule beyond the 100-kilometer (62-mile) altitude that marks the internationally accepted boundary of space. After separation, the reusable booster is designed to descend to a landing pad under autonomous control. Meanwhile, the spacefliers will experience a few minutes of weightlessness and get an astronaut's-eye view of Earth beneath a black sky. At the end of the ride, the capsule will make a parachute-aided descent to the rangeland surrounding the launch site. Since 2021, Blue Origin has flown 58 suborbital space travelers, including 'Star Trek' captain William Shatner and Jeff Bezos himself. The most recent New Shepard flight, in April, sent up an all-female crew including pop superstar Katy Perry, CBS morning-show host Gayle King and Lauren Sanchez, a helicopter pilot and journalist who is Bezos' fiancée. That mission generated celebrity buzz as well as backlash. The lineup for the NS-32 mission includes: Jaime Alemán , a Panamanian attorney, business executive and former ambassador to the U.S. Blue Origin says this flight will make Alemán the first person to travel to all 193 U.N.-recognized member states, the North and South Poles and outer space. , a Panamanian attorney, business executive and former ambassador to the U.S. Blue Origin says this flight will make Alemán the first person to travel to all 193 U.N.-recognized member states, the North and South Poles and outer space. Gretchen Green , a radiologist specializing in women's imaging with more than 20 years of clinical experience. She's an alumna of Space Camp and now serves on the U.S. Space & Rocket Center Education Foundation Board. , a radiologist specializing in women's imaging with more than 20 years of clinical experience. She's an alumna of Space Camp and now serves on the U.S. Space & Rocket Center Education Foundation Board. Paul Jeris , a real estate developer and entrepreneur based in Ohio. He has visited more than 149 countries so far and says he aims to see every nation. , a real estate developer and entrepreneur based in Ohio. He has visited more than 149 countries so far and says he aims to see every nation. Aymette (Amy) Medina Jorge , a high-school and middle-school STEM teacher at Odyssey Academy in Galveston, Texas. She has led more than 60 space experiments and zero-gravity projects. She was born in Puerto Rico, and her seat is sponsored by Farmacias Similares, a Mexican company that's committed to social impact and accessible health care across Latin America. , a high-school and middle-school STEM teacher at Odyssey Academy in Galveston, Texas. She has led more than 60 space experiments and zero-gravity projects. She was born in Puerto Rico, and her seat is sponsored by Farmacias Similares, a Mexican company that's committed to social impact and accessible health care across Latin America. Mark Rocket , an entrepreneur and tech leader from New Zealand. He's the CEO of Kea Aerospace and the president of Aerospace New Zealand. He was a seed investor in Rocket Lab, where he served as co-director from 2007 to 2011. , an entrepreneur and tech leader from New Zealand. He's the CEO of Kea Aerospace and the president of Aerospace New Zealand. He was a seed investor in Rocket Lab, where he served as co-director from 2007 to 2011. Jesse Williams, a Canadian entrepreneur and adventurer who has reached the summits of six of the seven highest peaks on Earth, including Mount Everest and Antarctica's Mount Vinson. Saturday's scheduled launch could be delayed due to weather concerns or technical issues. We'll be updating this report with further developments. Blue Origin is also providing online updates
Daily Mail
11 hours ago
- Entertainment
- Daily Mail
Inside Lauren Sanchez's brutal exercise regime ahead of her wedding to Jeff Bezos
In just a few short months, Lauren Sanchez will walk down the aisle to marry Amazon tycoon Jeff Bezos in a lavish Italian ceremony - with a star-studded guest list that reportedly features several members of the Trump family. While Sánchez appears to be keeping much of her wedding planning close to her chest, she is most likely getting ready to flaunt her toned physique in whichever gown she chooses. During her and her husband's 2023 interview with Vogue, the former journalist revealed that Bezos is a 'monster' in the gym, and that they do much of their training together. Though, they can't do everything together, as she noted that he was on a 'whole different level' than she is. And, with their wedding just weeks away, it would only make sense that Sánchez and her man are getting shredded together for their upcoming nuptials. In the past, the Blue Origin astronaut, now 55, has taken to her Instagram page to share various videos of her workouts, which often include weight training and a lot of abdominal work. Previously, she shared a video of her quick, twenty-minute workout with a trainer, which included Nordic hamstring curls, step-up knee drives, thrusters ad bench step-overs. 'I only had 20 minutes to workout before taking kids to school. [Celebrity fitness trainer] Wes Okerson said it was enough time. He was right. Here it is,' Sánchez wrote in the caption at the time. While Sánchez appears to be keeping much of her wedding planning close to the chest, she's most likely getting ready to show off her toned physique in whichever gown she chooses During her and her husband's 2023 interview with Vogue , the former journalist revealed that Bezos is a 'monster' in the gym, and that they do much of their training together Around the same time, she showed off a similar routine, this time working on her upper body with dumbbell presses, barbell bench presses, push ups and dips on parallette bars. And it looks like Sánchez is already ahead of schedule with her workouts, according to Nofar Hagag, owner of celebrity-loved New York and Miami Pilates studio Nofar Method. Hagag recommends that brides begin their fitness journey at least a few months before their wedding date. 'I recommend starting your bridal fitness journey at least three to six months ahead of your wedding day,' Hagag told exclusively. 'This allows time to build strength, improve posture, and develop long lean muscle tone without the stress of last-minute changes and crash diets,' she continued. 'That said, even a few weeks of consistent work can make a meaningful difference, especially in posture and core strength, which look beautifully in photos and more importantly help with the way you feel confident and carry yourself on your special day.' The workouts that Sánchez has documented over the years on her Instagram page are definitely good ones to go by, Hagag said. 'I love that Lauren chose to focus on weight training, especially by combining it with HIIT cardio and bodyweight exercises,' the Nofar Method founder shared. 'It's such an effective way to build tone and definition while keeping the body lean, sculpted, and strong without getting bulky.' For a weekly routine, Hagag suggests three days of weight training to 'build strength and tone,' two days of Pilates on equipment to 'refine posture' and create an 'elonaged, sculpted look,' as well as one day of light cardio, like a walk in the park, to help your mental health. 'This mix helps you feel confident, grounded, and empowered in your body not just for your wedding day, but for life,' she said. But as you are preparing for the big day, as Sánchez is, it's important to keep in mind that there's not necessarily a 'one-size-fits-all workout,' per Hagag. 'The most important thing is to find movement that you genuinely enjoy that's the key to staying consistent. If it feels fun, you'll keep showing up,' she offered. Sánchez and Bezos's three-day celebration that will reportedly take place between June 24 and 26. There will be 200 people at the wedding of the year this summer, Mayor of Venice Luigi Brugnaro confirmed in a statement. Sánchez and Bezos's three-day celebration that will reportedly take place between June 24 and 26 Last month, shared that the couple is not getting married on a boat. 'The wedding will not take place on Jeff's yacht, that has been ruled out,' a source shared with Bezos and Sánchez went public with their relationship in 2019 and got engaged in May 2023. He proposed with a $2.5 million pink diamond ring so large that Sánchez admitted during an interview with Vogue that she 'kind of blacked out' when she saw it. The loved-up couple then celebrated their engagement with a star-studded party at Diane von Furstenberg and Barry Diller's Beverly Hills mansion in November 2023, with guests including Kim Kardashian, Robert Pattinson and Oprah.
Daily Mail
11 hours ago
- Entertainment
- Daily Mail
Secrets behind Ivanka Trump's glowing Miami style revealed as she embraces socialite circles
Ever since Ivanka Trump made the move to Miami, Florida, it seems like she's been glowing more than ever - and now, makeup and tan artists are revealing all the secrets behind her dazzling visage. Since leaving politics in 2021, Ivanka and her husband, Jared Kushner, made the decision to move to Surfside with their three children, daughter Arabella, 13, and sons Joseph, 10 and Theodore, eight. And, after moving away from Washington, D.C., Ivanka has slowly started to open up on her Instagram page, giving viewers a peek into her personal life with glimpses at glamorous nights out, family time and even her workout routine. Ivanka and Jared seem to have been reembraced by their socialite friends in recent months, too, as they've been snapped hanging out at hotspots all across Miami with famous friends like Kim Kardashian. This year, they appear to be back in the fold and have been pictured at several glamorous events in Miami. It's even been rumored that Ivanka and Jared are on the guest list of Jeff Bezos ' Italian wedding to Lauren Sanchez this summer. However, with her return to socialite life, there is something that her Instagram followers can't get over, and it's her style and makeup. 'LOVE your outfits!!! Such bangers, every one! And look at you such a stunner!!' one person commented on Ivanka's recent post, as she stood next to her husband in a high-necked, gold knit dress. Another typed, 'Stunning and classy as usual.' So, what's really behind Ivanka's Miami glow? According to professional makeup artist Alexa Persico, Ivanka has 'mastered the art of restraint' when it comes to her looks. 'Ivanka's glow is never greasy or overly done... it's refined, hydrated, and healthy,' Persico, who is the founder of namesake makeup brand Alexa Persico Cosmetics, told exclusively. 'I imagine she uses a mix of skincare-forward products with subtle light-reflecting finishes,' Persico continued. It's something that would have been learned over all the years of being in the public eye, and working with various makeup and beauty experts. 'Instead of piling on layers, she likely focuses on key areas think very hydrated skin, a soft cream blush and targeted radiance on the high points of the face,' Persico said. 'A hydrating mist is likely always in her bag to refresh her always throughout the day,' she shared. 'That kind of effortless polish comes from years of knowing what works best for your features and keeping the routine streamlined.' Persico also noted that Ivanka has changed up her makeup looks as she's aged, now focusing on having a 'natural, fresh-faced glow.' 'Early on, she leaned into more structured glam matte finishes, defined eyes, and heavier coverage,' the professional makeup artist explained. 'Her current look is all about clean skin, soft color, and that perfect balance between beauty and minimalism. It's refined and modern exactly what we see trending right now,' Persico said. If you're looking to re-create her look at home, Persico suggests using a tinted moisturizer and a cream blush for a 'natural flush.' 'Skip the powder, and finish with another layer of mist to lock in that dewy finish,' she said. But besides makeup, there's another beauty tool that Ivanka may be using to her advantage. 'As a celebrity spray tanning artist, I can confidently say that Ivanka's signature glow very likely comes from regular spray tans,' Mishel Chernyavskiy, founder and CEO of MSK Tans in New York, told 'Over the years, I'd guess she's learned to stay out of the sun and rely on sunless tanning to keep her skin looking youthful, radiant, and even-toned,' Chernyavskiy said. Chernyavskiy also noted that spray tans after a 'safer alternative' to going out in the sun, and can also give an 'airbrushed' finish that we typically see in Ivanka's photos. 'To achieve a flawless glow like hers, she'd need to be diligent about exfoliating before tanning and either have a skilled spray tan artist or use a high-quality gradual self-tanner,' the tan artist offered. However, not everything around her makeup routine is shrouded in mystery. During a January appearance on The Skinny Confidential Him & Her podcast, Ivanka revealed a few of her favorite makeup products with the audience, including what foundation she reaches for. 'I have been using this makeup product from Estée Lauder since I was like 14 years old, and it's a concealer... it's called Maximum Coverage,' Ivanka revealed during the episode. She explained that the $55 bottle was quite large, and joked that she's only been through about three of them since she was young. 'I don't love so much foundation,' the former Presidential Advisor admitted, explaining that she dabs the makeup under her eyes. When it comes to her favorite skincare products, Ivanka loves to use serums and moisturizers, she said. 'I am addicted to lip moisturizer,' the former model confessed. 'Wherever I go, on my bedside table, there's a lip moisturizer,' she continued. 'My favorite one was by Glossier, the Balm Dotcom, and they've changed the formula, so I'm like, on a mission to find the original. I have a few bottles left.' For body moisturizers, she uses one called The Lymphatic Drainage Effect by the brand Gente, which she says was actually started by one of her friends. 'It is so good and it smells so delicious, it's a Brazilian formulation, it's amazing, it's beautiful,' she shared of the $34 product.
Time of India
14 hours ago
- Entertainment
- Time of India
Jeff Bezos and Lauren Sanchez's ultra-luxury Italian wedding plans in peril as reports of trouble begin to swirl
The biggest wedding of the century apparently seems to be in great jeopardy. Jeff Bezos and Lauren Sanchez's wedding in Venice has triggered more than just excitement. Residents and activists are angry about the lavish party scheduled to take place in late June. People in Venice say that the billionaire's big day is turning their city into a playground for the wealthy, with blocked streets and luxury takeovers. Why are Venetians protesting the Bezos wedding? Jeff Bezos and Lauren Sanchez's $10 million wedding in Venice has sparked protests. Activist groups are preparing massive protests against Bezos and the local government. The incensed residents claim that the "richest and most dangerous man in the world" is holding their home hostage, as per a report by the Daily Mail. ALSO READ: Blake Lively's business takes a hit as Taylor Swift fans boycott products over allegations in Baldoni lawsuit Live Events The couple's much-anticipated wedding is scheduled for the weekend of June 24 in the Floating City. For the wedding day itself, Jeff Bezos is reportedly occupying the island of San Giorgio Maggiore, completely reserving five opulent hotels and every water taxi in Venice. Just as Venice's busiest travel season begins, heavy police presence, closed streets and airspace, and enhanced security are all necessary for the anticipated attendance of A-list celebrities, politicians, and business executives, as per a report by the Daily Mail. Although Bezos owns four Gulfstream jets, guests are likely to arrive at local airports in gas-guzzling private aircraft. However, the 61-year-old is unable to dock his $500 million superyacht Koru because it is too large to anchor near Venice. What impact is the wedding having on Venice? With Venice's canals filthy and the city's delicate lagoon being destroyed by mass tourism, the enormous carbon footprint of Bezos and his laden guests will only aggravate the locals. Self-described as a "anti-fascist, anti-capitalist, anti-racist, and trans-feminist political space," the Laboratorio Occupato Morion is already organising a protest event for Friday at its social center, which is just a short stroll from the city's historic St. Mark's Square. Why is the backlash growing? With the slogan, 'No space for Bezos, No space for oligarchs!' and a picture of Bezos' head atop a rocket, the group has already started promoting the protest online. "Jeff Bezos believes he can purchase the entire city, let's throw him a party!" the flyer says, adding information about Friday's protest. The flyer states, "Those who live in Venice on a daily basis are left with discomfort, exclusion, and precariousness, while Venice is transformed into yet another playground for billionaires." The group states, "Bezos embodies what this city and global movements have been fighting against for decades, a financial and technological oligarchy that exploits workers, the planet, and entire territories and populations." "The event is just the beginning and will culminate in a 'big demonstration' on the actual wedding day," Alice Bazzoli, a spokesperson for Laboratorio Occupato Morion, told Daily Mail. In the week leading up to the wedding, they intend to hold a variety of small-scale events, culminating in a large-scale protest on the wedding day. FAQs Why are people so upset about Jeff Bezos' wedding in Venice? Locals believe the rich are taking over their city, with tight security, closed spaces, and environmental concerns disrupting life during peak tourist season. Is a protest planned? Yes, activists are planning events and a large demonstration on the wedding day to protest the disruption and Bezos' presence.
