6/5/2025 03:41pm
The deep research logic is organized as follows:
Okay, let's tackle this question. The user is asking for stocks with business models similar to NBIS (Nebius Group) or CRWV (CoreWeave). First, I need to understand what NBIS and CRWV do. From the references, NBIS is in IT Services, and CRWV is in Software. Both seem to be involved in AI and cloud services.
Looking at the references, NBIS has no specific business model details, but CRWV is a cloud provider focused on AI workloads. The user is interested in AI, IDC, chips, etc., so I should focus on companies in similar sectors.
The user's profile mentions they like tech stocks, especially those with innovative business models. They also prefer ETFs like SOXL or TQQQ, which are tech-heavy. So, the answer should highlight companies that are leaders in AI, cloud computing, and have subscription-based models or similar revenue structures.
From the references, CoreWeave (CRWV) has a subscription model for AI cloud services. Globant (GLOB) also launched AI Pods, a subscription-based service. ServiceNow (NOW) provides cloud-based digital solutions, which might align with the user's interest in SaaS. Q2 Holdings (QTWO) offers digital banking solutions, which is a bit different but still cloud-based.
I should check if there are other companies mentioned. The references mention ServiceNow, Q2 Holdings, and Globant. Also, the user's profile mentions a preference for ETFs, so maybe include an ETF recommendation like XSW, which is a software ETF.
Need to structure the answer with a conclusion first, then detailed analysis. Use tables to present the companies, their business models, and why they fit. Also, include a visualization for the queries mentioned. Make sure to cite the references properly.
Wait, the user's question is about stocks similar to NBIS or CRWV. NBIS is IT Services, CRWV is Software. The references show that CRWV has a subscription model for AI cloud services. So, looking for other companies in IT Services or Software with similar models.
Globant (GLOB) is in IT Services and has a subscription model (AI Pods). ServiceNow (NOW) is in Software and offers cloud-based solutions. Q2 Holdings (QTWO) is in Software, providing digital banking solutions. CoreWeave (CRWV) is already mentioned.
Also, the user's profile mentions interest in ETFs, so including XSW as an ETF option makes sense.
Need to ensure each point is backed by the references. For example, CoreWeave's Q1 earnings mention their subscription model and partnerships with OpenAI. Globant's launch of AI Pods is in the news. ServiceNow's earnings calls talk about their cloud-based solutions.
Make sure to highlight the key points: subscription-based models, AI integration, cloud services, and why these align with the user's interests. Also, mention the competitive positioning and financial health where possible.
Finally, structure the answer with a conclusion, then detailed analysis with tables, and include the visualization for the queries mentioned. Ensure the language is professional but engaging, using emojis as per the format requirement.
🌟 Conclusion
Nebius Group (NBIS.O) and CoreWeave (CRWV.O) represent unique business models at the intersection of IT Services and Software, leveraging AI and cloud infrastructure. Based on the data, CoreWeave stands out as a leader in AI cloud services with a subscription-based model, while Globant (GLOB) and ServiceNow (NOW) offer comparable AI-driven solutions. For broader exposure, the SPDR S&P Software & Services ETF (XSW) aligns with the sector’s innovation trajectory.
📊 Analysis
1. CoreWeave (CRWV.O): AI Cloud Services Leader
CoreWeave operates as a hyperscaler for GPU cloud computing, specializing in AI workloads. Its subscription-based model (e.g., OpenAI partnerships12) and purpose-built infrastructure for AI4 make it a prime example of the future of cloud services.
| Metric | Q1 2025 Performance12 |
|---|---|
| Revenue Growth YoY | 420% |
| Subscription Contracts | $11.9B (OpenAI) + $4B (enterprise) |
| Infrastructure | 33 AI data centers, 1.6GW power |
2. Globant (GLOB): Subscription AI Pods
Globant introduced AI Pods56, a subscription model for AI-powered engineering. This aligns with the shift from traditional IT services to AI-driven solutions.
| Feature | Description |
|---|---|
| AI Pods Model | Token-based, metered capacity |
| Industries Served | Finance, retail, media |
| Revenue Growth YoY | 8.6% (Q1 2025)67 |
3. ServiceNow (NOW): Cloud-Based Digital Solutions
ServiceNow provides SaaS platforms for IT, HR, and customer service automation. Its subscription model and AI integration89 make it a key player in the Business-Software Services sector.
| Metric | FY 2025 Outlook9 |
|---|---|
| Revenue Growth YoY | ~18.6% |
| AI Integration | Now Platform (customizable AI tools) |
| Market Cap | $209.3B (mega-cap)9 |
4. Q2 Holdings (QTWO): Digital Banking Solutions
Q2 offers cloud-based digital banking platforms for financial institutions. Its subscription-based model1011 aligns with the demand for AI-driven financial services.
| Metric | FY 2025 Outlook1011 |
|---|---|
| Revenue Growth YoY | ~25% (deposit/loan growth)11 |
| AI Integration | Fraud detection, customer analytics |
| Analyst Rating | Overweight (Cantor Fitzgerald)12 |
5. SPDR S&P Software & Services ETF (XSW)
For broader exposure, XSW tracks the S&P Software & Services sector, including leaders like ServiceNow and Q2 Holdings. Its low expense ratio (0.35%)13 makes it an efficient way to capitalize on sector trends.
| Metric | XSW Details13 |
|---|---|
| AUM | $525M |
| Expense Ratio | 0.35% |
| Sector Focus | Software & Services |
📊 Why These Stocks Fit Your Profile
- AI Integration: CoreWeave, Globant, and ServiceNow leverage AI for competitive differentiation.
- Subscription Models: Align with your interest in recurring revenue and predictable cash flows.
- Tech-Sector Exposure: Fits your focus on AI, cloud, and digital transformation.
🌟 Final Takeaway
For direct exposure, prioritize CoreWeave (CRWV) and Globant (GLOB). For diversified exposure, consider XSW. These options align with your interest in AI-driven innovation and subscription-based business models.
