CompX International: RSI Overbought, Bollinger Bands Narrowing on 15min Chart

As per the 15-minute chart for CompX International, the RSI indicator has reached overbought levels, while the Bollinger Bands have narrowed on 10/02/2025 at 15:00. This suggests that the stock price has experienced a rapid increase, exceeding fundamental support levels, and that the magnitude of price fluctuations has decreased.

Nebius Group, a neo-cloud provider specializing in AI-native cloud infrastructure, has seen its stock price soar following a significant Microsoft AI infrastructure deal. The stock, which resumed trading on Nasdaq in October 2024 at around $14.29, has climbed to approximately $110 on October 2, 2025, nearing its record high of $117.65 Nebius Group Stock Soars on Microsoft AI Deal, $3B Funding Plan & Analyses: What You Need to Know on 2 October 2025^[1]. This rapid increase has been driven by a series of strategic developments and financial milestones.

In early September 2025, Nebius announced a five-year AI infrastructure contract with Microsoft worth $17.4 billion, potentially expanding to $19.4 billion. This deal, which provides Microsoft with access to over 100,000 Nvidia GB300 chips, has been hailed as a long-term revenue anchor and validation of Nebius' AI cloud platform . The contract has sparked a 44% jump in Nebius' share price, highlighting investor confidence in the company's technological prowess and market demand for high-performance data centers.

To finance its expansion, Nebius launched a $3 billion capital raise, including $2 billion in convertible notes and $1 billion in a public offering. The proceeds will fund additional compute hardware, land acquisitions, and data center construction . This funding round follows the surge in share price triggered by the Microsoft deal, with shares rising roughly 245% year-to-date before the offering .

Analysts remain bullish on Nebius, with Wall Street's consensus rating being "Buy". BWS Financial increased its price target from $90 to $130, Goldman Sachs maintained $120, and DA Davidson kept $75 . Arete Research upgraded the stock to strong-buy, citing the Microsoft partnership and robust growth trajectory . Despite the optimism, analysts caution about Nebius' aggressive growth prospects and potential dilution from continued share issuance or debt financing .

Nebius reported Q2 2025 revenue of $105.1 million, more than doubling sequentially and beating consensus estimates. The company achieved a net margin of 99.34% and return on equity of 6.14%, reflecting strong financial performance despite generating negative earnings per share . Analysts expect full-year 2025 EPS of -1.10, reflecting continued investment in capacity .

The Microsoft AI infrastructure deal is the most significant catalyst for Nebius, positioning the company as a credible alternative to hyperscalers like Amazon or Microsoft's Azure. The partnership enables Microsoft to outsource a portion of its AI workloads, signaling confidence in Nebius' technology stack . Analysts expect the deal to anchor revenue and attract additional hyperscaler or AI lab customers .

However, investors should be aware of several risks. Execution risk and capital intensity are significant concerns, as building new data centers and procuring GPUs require substantial capital and may lead to dilution or increased leverage . Customer concentration is another risk, with the Microsoft contract representing a large portion of projected revenue, making Nebius vulnerable to partnership issues . Furthermore, regulatory and geopolitical risks, as well as market volatility, pose additional challenges .

In conclusion, Nebius Group is poised to benefit from the surge in generative AI and high-performance compute infrastructure demand. The Microsoft AI infrastructure deal has validated the company's platform and propelled its stock price to new heights. However, investors should carefully consider the risks associated with Nebius' aggressive growth strategy and potential dilution.