CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2667. 21, down 4. 0% (-111. 91) since 4 p. m. ET on Thursday. All 20 assets are trading higher. Leaders: BCH (-2. 3%) and BTC (-3. 3%). Laggards: APT (-8. 8%) and NEAR (-7. 8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
https://bitcoinethereumnews.com/bitcoin/bitcoin-btc-price-falls-3-3-as-index-declines/
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Nebius: The Hype Overwhelms Sobriety (Upgrade)
**Nebius: The Hype Overwhelms Sobriety (Upgrade)**
*Nov. 07, 2025 | 10:14 AM ET*
**Nebius Group N.V. (NBIS) Stock Analysis**
Nebius Group N.V. has surged over 100% since July, but this rally is not supported by improved fundamentals or profitability outlook. Despite a 30% increase in revenue estimates, NBIS’s EPS forecasts have declined, raising concerns about its business model and valuation.
NBIS stock’s forward price-to-sales (P/S) ratio has soared to 51, making the current $27 billion market cap appear unjustified by near-term growth potential.
We are upgrading NBIS stock to **Hold**, driven primarily by persistent AI hype, CEO-centric sentiment, and potential Federal Reserve rate cuts, which may sustain elevated valuations through 2025.
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I believe the 100%+ rally of Nebius Group N.V. (NBIS) since mid-July — when I shared my bearish take — was triggered by factors other than fundamentals. This observation is not merely stubbornness but based on careful analysis.
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### About the Author
With a decade at a Big 4 audit firm specializing in banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy.
I have been an active investor in the U.S. stock market for 13 years, starting with my very first paycheck. Over time, my portfolio has evolved to reflect a balanced approach, with a growing focus on value stocks while maintaining solid exposure to growth opportunities.
My investment philosophy is rooted in thorough research and a long-term perspective, which has helped me navigate various market cycles successfully. I aim to bring value to Seeking Alpha readers by uncovering promising under-the-radar stocks that may not yet be on the broader market’s radar.
My background in auditing and finance, combined with years of hands-on investing experience, allows me to provide unique insights and actionable ideas for fellow investors.
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### Analyst’s Disclosure
I/we have no stock, option, or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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### Seeking Alpha’s Disclosure
Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole.
Seeking Alpha is not a licensed securities dealer, broker, U.S. investment adviser, or investment bank. Our analysts are third-party authors that include both professional and individual investors who may not be licensed or certified by any institute or regulatory body.
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https://seekingalpha.com/article/4840243-nebius-the-hype-overwhelms-sobriety-upgrade?source=feed_all_articles
Council proposes limited eligibility for dual-use projects in Horizon Europe
EU governments are seeking to change the eligibility rules for Horizon Europe in order to limit the countries that can participate in dual-use and defence projects. This proposed adjustment would introduce additional safeguards to the European Commission’s plan to allow dual-use start-ups to receive grant funding and equity investment through the European Innovation Council (EIC).
At present, all Horizon Europe research and innovation projects—including those supported by the EIC—must focus exclusively on civilian applications. However, when the Commission proposed granting dual-use start-ups access to the EIC starting in 2026, it did not propose any changes to the existing eligibility rules. This approach effectively left the decision-making power to the programme committees responsible for drafting each year’s work programme.
Now, the EU Council has intervened to provide clearer guidance. An amendment to the Commission’s ReArm Europe Plan is under consideration, which would restrict participation in dual-use and defence projects to a limited set of countries.
This move signals the EU’s intent to balance innovation support with strategic security considerations, ensuring that the sensitive nature of dual-use technology remains safeguarded within the Horizon Europe framework. Further details on the exact eligibility restrictions are expected as the amendment progresses.
https://sciencebusiness.net/news/r-d-funding/dual-use/council-proposes-limited-eligibility-dual-use-projects-horizon-europe
