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Everything R40 has published, grouped by sector

347 pieces · updated Sep 30, 2026

Mega-Cap Tech70AI Infrastructure64Fintech44Consumer37Semiconductors36Enterprise SaaS35Healthcare19Energy & Materials14Networking & Security14Banking & Finance13Other1

Mega-Cap Tech

70 pieces
META News Meta's Disclosed Hyperion Exposure Is $46.03bn, Nearly Twice the Bond at a Record Low MSFT News Microsoft's 30% Copilot Discount Is Already on Sale and Expires 30 September TSLA News The Largest US Electric Truck Order Names Four OEMs. Only Tesla Counted All 2,500. META News Meta Sized the Muse VM With the Word 'Enough'. X Posts Made It 1.58 Million Chips. TSLA News Tesla's Texas Fleet Grew 149% and Waymo's Grew 43%. Waymo Added More Cars. TSLA News Australia's First Eight-Hour Battery Is 144 Four-Hour Megapacks Capped at 50 MW TSLA News Zurich Discounts Australian Teslas for Having FSD. Tesla's 7x Counts Only Miles With It Engaged. TSLA News Morgan Stanley Prices Tesla Semi Autonomy at 83% to 97% of the Driver It Replaces GOOGL News Oppenheimer Puts $19 Billion of TPU Revenue Into 2026. Alphabet's Entire Inventory Is $9.99 Billion. NVDA News NVIDIA Filed an 8-K to Buy Hugging Face for $11.9 Billion. It Filed Nothing to Pay Groq $17 Billion. TSLA News Tesla's 69,000 Powerwall Owners Sent California 500 MW. The Whole Fleet Holds About a Gigawatt-Hour. META News JPMorgan Cut Meta Twice on AI Spending, Then Upgraded With Its 2027 Capex Forecast $41 Billion Higher NVDA News Huawei's Best AI Chip Is Indicated at 250,000 Yuan. The B200 Comparison Came From One Unnamed Source. NVDA News Nvidia's Up-To-2GW Australian Buildout by 2027 Names an 800MW Campus IREN Energises From 2028. AMZN News Amazon Told Its Banks It Was Done Borrowing, Then Sold £4.25 Billion of Sterling Bonds AAPL News Apple Priced Its Foldable at $1,999. Its Last Seven Annual Reports Never Mention a Selling Price. TSLA News Terafab's Eight Texas Tax Agreements Forgo $1.66 Billion of School Revenue. The Job Floor Is Eighty. TSLA News Cybercab's First Receipts Agree on $31 to $33 an Occupied Hour. Our Model's Question Is the Hours. TSLA News Tesla Has 420 Robotaxis Registered in Texas. Our Year-End Range Is 2,500 to 14,100. AMZN News Europe's Cloud Is 70% U.S.-Run. AI Is Concentrating the Next Wave of Capacity. GOOGL News Anthropic Is Helping Google Build a $67.9B Answer to Nvidia's $108.5B Financing Machine. META News Meta's 14 GW Is Not One Revenue Pool. One GW Spans $0 to a $50B Analyst Upside Case. TSLA News Tesla Has 548,000 FSD-Capable Cars in Europe. The 440,000 That Cannot Use It Need a Vote, Not Hardware. NVDA News Nvidia's Megawatt Got 60% More Expensive and 30 Times More Productive in One Generation. NVDA News Nvidia Put $158.5 Billion Behind the AI Labs. It Expects to Sell Them $167 Billion Next Year. NVDA Earnings Nvidia Guided a Year Ahead for the First Time — and Cut Its Margin Floor to 71% TSLA News Tesla's Brandenburg Shuttle Talks Are Not a Minivan. They Could Rebuild European Goodwill. NVDA News Nvidia Returned a Record $26 Billion. At 44 Times Free Cash Flow, a Full Payout Would Still Yield 2.3%. NVDA News A Gigawatt of Data Centre Costs $60 Billion. Nvidia Says $40 Billion of It Is Nvidia. META News Meta Will Book $10 Billion of an $18 Billion Settlement. Its Expense Guide Still Says $165–169 Billion. NVDA News OpenAI’s Jalapeño Beat GB300 on Its Test. NVIDIA’s $63 Bear Case Needs Three More Things. BABA News Alibaba Raised 1.4 Years of Its AI Revenue, Not Two. Neither Named Use of the Money Is the Model. META News If Hatch Launches, Meta Finally Enters the Paid AI Agent Market BABA News Alibaba Called Its Placement a 3.6% Discount. Hong Kong Priced It at 8.37%. BABA News Alibaba Is Selling 710 Million New Shares to Fund AI. Is Baidu Next? NVDA Preview NVIDIA Q2 FY2027 Earnings Preview TSLA News Tesla Targets 2,500 Robotaxis. Our Model Needs 3,315; the Measured Rate Is 601. TSLA News Tesla Retired Solar Roof. Our Model Prices the Entire Solar Business at $3.63 a Share. TSLA News Nevada Granted Tesla All 5,000 Robotaxis. On Our Model That Is Worth 33 Cents. GOOGL News Waymo's Custom Chip Cuts Cost, but a $125,000 Car Is Still No Threat to Tesla's Scale. BABA Earnings Alibaba Cloud Grew 45% as Free Cash Flow Fell to −$6.6B and Revenue Missed Our Range. AMZN News Amazon and Uber Both Promised a Million Drone Deliveries This Week. Amazon Means a Year, Uber Means a Day. BABA Preview Alibaba Burned $6.6B on AI and Retail. This Quarter Can Show Whether Either Is Paying. NVDA News China Admitted 20,000 H200s. NVIDIA's Outlook Assumes Zero Revenue From Them. MSFT News GitHub Was Microsoft's Best Acquisition. SpaceX Just Shipped Cursor's First Gem At It. TSLA News Tesla Will End 2026 With About Six Cybercabs Built for Every One Carrying a Passenger TSLA News Tesla's Largest Semi Order Is 500 Trucks. Nevada Could Build That in Four Days. TSLA News Tesla Has About 34 Million Square Feet. SpaceX Has About 5. Terafab Alone Is 100 Million. BABA News Alibaba Joins Coverage With a Rule of 40 of About One NVDA 13F Nvidia's Disclosed Stock Portfolio Grew $45 Billion Last Quarter. It Bought One Thing. TSLA News 79 Robotaxis Is $5.5 Million a Year. Tesla Needs About 14,800 to Move Revenue by 1%. TSLA News Tesla's 50 GWh Megapack 3 Line Is Worth $10 Billion of Revenue. The Question Is Which Year. GOOGL News Alphabet's Rule of 40 Moved Six Hundredths of a Point in a Year. Both Halves Moved More Than Ten. META News Meta Fell Below 40 Because It No Longer Behaves Like a Rule of 40 Company NVDA News In February We Warned That Beating Wouldn't Be Enough. Nvidia Beat, Then Grew Another 20%. AAPL Earnings Apple Q3 FY2026: Tim Cook's Final Quarter as CEO — a Beat That Still Cost Investors Billions AMZN Earnings Amazon Q2 2026: AWS Reaccelerates to 37% Growth, Stock Jumps 8%+ After Hours AMZN News The AI Capex Bet, Six Months In: What the Mag 7 Actually Spent (and What the Market Learned) META Earnings Meta Q2 2026: Revenue Beat, Profit Fell 14%, Free Cash Flow Cratered — Stock Down 9% MSFT Earnings Microsoft Q4 FY2026: Azure Hits 43% Growth, Stock Jumps 8.9% — the Hyperscaler That Got It Right GOOGL Earnings Alphabet Q2 2026: Cloud Grew 82% and Margins Expanded — Stock Fell 7% Anyway TSLA Earnings Tesla Q2 2026: Record Revenue, Record Deliveries — Stock Falls 14% on Margin Collapse AAPL News Apple Just Posted Its Best Quarter Ever. Buffett Kept Selling. NVDA Preview Nvidia Reports Next Week. Wall Street Has Never Been This Confident. META News Bill Ackman Drops $2B on Meta, Calls It 'Deeply Discounted' AMZN News Amazon's $200B AI Bet Triggers Worst Selloff in a Year TSLA News Tesla's Robotaxi Fleet Is Growing Quietly — And the Numbers Are Starting to Matter AMZN Earnings Amazon Q4 and Full Year 2025 Earnings Analysis AMZN News The $700B AI Bet: Inside the Mag 7's Record 2026 CapEx Arms Race AMZN Preview Amazon Q4 2025 Earnings Preview: Why Wall Street Keeps Underestimating Bezos's Machine

AI Infrastructure

64 pieces
BE News Bloom's Oracle Order Is 1.2, 2.4, 2.45 or 2.8 GW. Its Plant Is Sized for One a Year. SPCX News Grok Bot Hit 418,000 Weekly Users. It Has No Seat Price and a Documented Free Trial. RKLB News Rocket Lab Terminated Its $3.6bn Bridge and Paid for Iridium With 4.90% Dilution. RKLB News Peter Beck's $350 Million Napkin Has to Beat Thales, Not SpaceX ORCL News Oracle's Landlord Borrowed the $18 Billion Quoted at 89 to 91 Cents SMCI News Supermicro Is Capacity-Bound. Its Rack Ceiling Is Worth $12 to Our Fair Value. CRWV News CoreWeave Adds a 35-Million-Share ATM. Its Third Convert Is Marketed to Strike Below the Last Two. NBIS News A Nebius Notice Lifts On-Demand GPU Prices Up to 21%. Its Shareholder Letter Never Says On-Demand. ORCL News Oracle's 1.7 GW of Texas Wind Averages 630 MW. A Year of It Is More Energy Than Oracle Used in Fiscal 2025 IREN News JPMorgan's IREN Upgrade Quotes $15-20 a Watt. IREN Disclosed Contracts Above $20 Eighteen Days Earlier. ORCL News Oracle's GAAP Margin Rose 612 Basis Points and Its Own Measure 35. The 10-Q Added $700 Million of Severance. RKLB News Raymond James Sees $300m of Iridium Cash Flow at Rocket Lab. The Debt That Buys It Costs $285.7m a Year. SPCX News SpaceX's New Contract Annualises to $13.3 Billion. Its CFO Says These Deals Are Six-Month Commits. ORCL Earnings ORCL Q1 FY2027 reported earnings analysis ORCL Preview ORCL Q1 FY2027 earnings preview GLW News Corning's Recycled $1.05 Billion Verizon Figure Is From 2017 and Prices the New Deal at Half the Old Floor SPCX News India's Proposed Satellite Rate Takes 13% of Starlink's Revenue. SpaceX Asked for Under 1%. SPCX News SpaceX Borrows at 5.35%. Its New $220 Target Needs 20 to 50 Flights From Ships That Have Never Flown Twice. BE News The S&P 500 Adds Bloom Energy at 337x Trailing Earnings. Two Weeks Ago We Wrote 269x. DELL Earnings DELL Q2 FY2027 reported earnings analysis DELL Preview DELL Q2 FY2027 earnings preview SPCX News SpaceX May Cut Turbine Delays by 18 Months. Musk Says 15 GW of 2027 AI Could Still Sit Dark. SPCX News Starlink Matched Seven Rivals' 2025 Revenue. Our 2027 Case Is 2.7 Times That Total SPCX News Our Weekly-Starship Model Takes Starlink From $4.29 Billion to $9.04 Billion a Quarter IREN Earnings IREN Q4 FY2026 reported earnings analysis NBIS News Nebius Sold Stock at $223.60 and Its Newest Converts Strike From $313.46. The Shares Sit Between Them. GLW News Corning Joins Coverage at 45.4, Its First Quarter Above 40 — and It Took a $1.3 Billion Cash Swing. CRWV News Anthropic Has Contracted 1.19 GW. Half of It Costs $2.37M per MW-Year, the Other Half $15.46M. IREN Preview IREN's $4B ARR Target Is Not This Quarter's Revenue RKLB News Rocket Lab Values Iridium's Spectrum at $3.32B—More Than the Entire Constellation. BE News Bloom Energy Joins the Site at a Rule of 40 Score of 182, With the Stock 42% Off Its June High SPCX News Deutsche Bank's $100 Billion SpaceX Run Rate Implies a December Bigger Than All of Q2 RKLB News Rocket Lab Is Buying $884 Million of Iridium Revenue at 9x Sales. Its Own Enterprise Value Sits at 58x. SPCX News SpaceX Paid $19.6B for Pre-Revenue Spectrum. Our Model Breaks Even at 23M Handsets. SPCX News SpaceX Has 28 Starlink Gateway Applications. They Cover 9%–20% of Our Modeled Growth. SPCX News SpaceX's 8,000-Launch Ladder Is Worth $314 a Share in Our Model. Next Year's Rung Is $7.47. SMCI News Supermicro's Board Cleared Current Management—One Less Blocker to Our $60.79 Base Case. CRWV News CoreWeave Owes $64.6B in Rent Against $35.1B of Debt—and One $14.7B Lease Is Excluded. NBIS News Nebius Added $4.5B of Converts. Existing Notes Carry 1%–3% Coupons but Cost Up to 7.06%. SPCX News Taking Half of Anthropic and OpenAI's Revenue Would Be Worth $27.84 a Share to SpaceX CBRS News Cerebras Shipped a 132GB Wafer-Scale Inference Machine Without HBM. Its Models Need 50,000. IREN News The Neocloud "Revenue per Megawatt" Ranking Is Measuring Contract Length, Not Efficiency SPCX News What 2.25M Tonnes a Year Buys: Half Starlink, Half Compute and 31 Starship Launches a Day SPCX News Starlink's 7,000 Aircraft Are Not 7,000 Aircraft, and the 1,400 Everyone Quotes Is From Last Year's Report CBRS Earnings Cerebras' First Full Quarter as a Public Company Cost 30 Points of Gross Margin NBIS Earnings Nebius's Run Rate Says $3 Billion. Its Income Statement Says $582 Million and a Loss. CRWV Earnings CoreWeave's Operating Leverage Arrived. So Did $640 Million of Interest. SMCI Earnings Supermicro Beat Every Estimate on the Street. Then It Guided the Margin Away. CRWV Preview CoreWeave Earned $21 Million of Adjusted Operating Income Last Quarter and Paid $536 Million of Interest SMCI Preview Supermicro Already Told Us the Revenue Missed and the Margin Doubled. Tonight Is About Which One Matters. ASTS News AST SpaceMobile Burned $695M in One Quarter. Its $3.7B Cash Covers Five More. SPCX News SpaceX Has Bought $835 Million of Megapacks. Musk's 10 GW Target Needs Nine to Twenty-Four Times That. SPCX Earnings SpaceX's First Print Answered the AI Question and Made the Cash Question Unanswerable SPCX News Shotwell Put the Big Three at $600B. Revenue Is $352B, and the Traffic Math Says They Survive. DELL News Dell Nearly Doubled Its Revenue and Booked the Thinnest Gross Margin in Its Series in the Same Quarter ORCL News Oracle Burned $23.7 Billion Building the AI Boom. We Wrote the Capex Retrospective and Left It Out. SPCX Preview SpaceX (SPCX): What We Know Before Its First Earnings Report as a Public Company NBIS News Nebius and IREN: How Two AI Infrastructure Highfliers Fell 40–60% From Their Highs VRT Earnings Vertiv Q2 2026: Guidance Raised, EPS Beat — Stock Falls on a Revenue Timing Miss SMCI News Super Micro Books $60 Billion in New Orders — Even as Full Q4 Revenue Lands Near the Low End DELL Earnings Dell Q1 FY2027: AI Server Revenue Grew 757% to $16.1B, Stock Posts Its Best Day Ever VRT News Vertiv's Orders Just Grew 252%. The AI Infrastructure Supercycle Has a Receipt. NBIS News Nebius Just 6x'd Its Revenue. Wall Street Yawned. IREN News IREN Joins the MSCI USA Index. A Year Ago It Was a Bitcoin Miner.

Fintech

44 pieces
AFRM News Affirm Priced Amazon UK at 0% or 22%. Its Merchant Fee Rate Fell as Free Volume Grew. SOFI News SoFi Settles Its Cards in Its Own Stablecoin. One Day of That Flow Is $68 Million. HOOD News Robinhood Says RVI Investors 'Now Have a Stake in Crusoe.' That Is 92 Cents a Share. UPST News Upstart Has Spent $277.9 Million Buying Its Own Stock. The Share Count Still Rose. HOOD News Robinhood Rose on an SEC Order That Excludes Its Own Tokens HOOD News Robinhood Says Voting Is Coming for Stock Tokens. Its Prospectus Waives the Vote on Any Share It Lends. HOOD News Robinhood Chain's Last Thirty Days Annualise to $365.6 Million. Citizens' 2027 Estimate Is $365 Million. HOOD News Robinhood's Event Contracts Fell 23% in August. September Only Has to Clear 2.8 Billion. LMND News Lemonade Added Florida and Missouri. An Infinite Car Market Is Worth 38 Cents to Our Model. KLAR Earnings KLAR Q2 2026 reported earnings analysis MSTR News Strategy Joins Coverage With a Rule of 40 of 2.1, Scored on 0.9% of Its Balance Sheet. BMNR News BitMine Joins Coverage and Its Rule of 40 Scores Nothing at All. KLAR News Klarna Joins Coverage and Its Rule of 40 Score Swung 375 Points in Four Quarters. AFRM Earnings AFRM Q4 FY2026 reported earnings analysis HOOD News Robinhood's $1.5 Billion Chain Number Looks Cumulative Against a $42 Million Float HOOD News Robinhood Event Contracts Cross $1B in 2028 in Our Model—and the Line Is Worth $14.80 a Share. AFRM Preview Affirm Guided to an 11.5% Margin. The Street's Top Estimate Needs 15% and a One-Off to Bridge It. XYZ Earnings Block's Rule of 40 Says 20. Its Gross Profit Grew 25%. Only One of Those Describes the Business. UPST Earnings Upstart Returned to GAAP Profit and Burned $139M Doing It COIN News Coinbase's Revenue Has Fallen 40% in Five Quarters. Our Last Piece Led With the Mix. HOOD News Robinhood's Newest Revenue Line Is Now Almost Exactly the Size Its Most Famous One Used to Be PYPL News We Covered PayPal Firing Its CEO, Then Covered a Quarter Under the New One Without Ever Naming Him SOFI News We Published Four Bank Capital Ratios in One Week. The Highest One Got the Most Sceptical Adjective. HOOD News A Prediction Market Priced Robinhood's Own Launch at 24% — One Quarter Later That Line Booked $156M SOFI News SoFi Did Not Join the S&P 500 in March. We Named the Company That Took Its Slot. XYZ Preview Block (XYZ): The AI-Efficiency Rebound Faces Its Next Test on August 5 COIN Earnings Coinbase Q2 2026: Bitcoin Is Down to 12% of Revenue — and the Stock Still Fell on the Miss HOOD Earnings Robinhood Q2 2026: A 38% EPS Beat, Record Revenue — and Still a Two-Day Slide LMND Earnings Lemonade Q2 2026: The Numbers Were Fine. A CFO Transition Wasn't — Stock Down 24% SOFI Earnings SoFi Q2 2026: Record $1.22B Revenue, Guidance Raised — Stock Falls 10% Anyway PYPL Earnings PayPal Q2 2026: Volume Beats, Guidance Raised, Margins Slip — Stock Shrugs PYPL News PayPal Fired Its CEO, Missed Earnings, and a Senator Bought the Dip COIN News Coinbase Lost $667M Last Quarter. The Stock Rallied 16%. HOOD News Cathie Wood Just Bet $50M on Robinhood While Wall Street Runs for the Exits LMND Preview Lemonade Q4 2025 Earnings Preview: AI Insurance Has a Profitability Problem HOOD Earnings Robinhood Q4 2025: Record $1.28B Revenue, $1.9B Annual Profit — The SuperApp Era Begins HOOD News Robinhood Launches Ethereum L2 Testnet — Building the Rails for Tokenized Finance HOOD Preview Robinhood Q4 2025 Earnings: What X Is Saying Ahead of Tonight's Report UPST News Upstart's Quiet Revolution: Paul Gu Takes the Helm UPST Preview Upstart Q4 2025 Earnings: AI Lending's Turnaround Quarter? HOOD News Robinhood's February Dip: Gift or Trap? HOOD Surges 14% After Crypto-Driven Selloff SOFI News SoFi's Post-Earnings Crash: Was the 17% Dip a Gift? Noto 'Takes It Personal' SOFI News SOFI: S&P 500 Inclusion — March 2026 the Date? AFRM Preview Affirm Q2 FY2026 Earnings Preview: The BNPL Turnaround Story Wall Street Is Still Underpricing

Consumer

37 pieces
WMT News India's UPI Fee Caps at $4.5 Billion. Walmart's Cut of the Estimate Is $385 Million. GRAB News Grab's CEO Sold 16.8 Million Shares at $4.50. He Bought 10.35 Million Back at $2.89. XIACY News Xiaomi Is Training Its Next Model in Public. Its AI Revenue Sits in a RMB1.0bn Line. GRAB News Grab's New 2028 Target Adds $1.58bn of Revenue. Atome's Own Figures Cover $470m to $800m of It Before Growing. GRAB News Grab Will Add 40 Robotaxis Over Six Months. It Added 212 Ordinary Taxis in the Six Months to July. UBER News Uber's CEO Bought $10 Million of Stock and Directly Owns 53,868 Fewer Shares Than in May 2022 XPEV News China's Car Exports Rose 78%. XPeng's Best Export Month Is 27% Short of Its Own Target. NIO Earnings NIO Q2 2026 reported earnings analysis NIO Preview NIO Q2 2026 earnings preview NIO News NIO Joins Coverage With No Rule of 40 Score, Because It Publishes Cash Flow Twice a Year. XPEV News XPeng's Deliveries Were Flat. Half Its Gross Profit Came From 14% of Revenue. XIACY News Xiaomi Unveiled Three Chips. Our Model Still Prices the Entire AI and EV Segment as 104,199 Cars. UBER News Uber Has Been Fined €1.13B by the Dutch Regulator—and 73% Landed This Week. WMT Earnings Walmart's Two EPS Measures Landed a Penny Apart as a Loss and Tax Benefit Cancelled Out. WMT Preview Walmart Reports Against $0.74 Adjusted EPS. Its GAAP Gap Has Swung $0.41 in Four Quarters. HD Earnings Home Depot's Gross Margin Rose 25 Basis Points. A $685 Million Customs Refund Was Worth 145. XIACY Earnings Xiaomi Raised Phone Prices 26%. Its Phone Margin Fell to 8.5% Anyway. BIDU Earnings Baidu Tripled Its Capital Spending and the Rule of 40 Fell 18 Points BIDU Preview Baidu Reports Tuesday With 13 Points of Gross Margin Gone DASH Earnings DoorDash Broke Out of Its Rule of 40 Band and Missed on EPS Anyway DASH Preview DoorDash Reports Tonight With a Rule of 40 Score Stuck in the Mid-Forties and an EPS Line That Keeps Falling UBER Earnings Uber's Rule of 40 Score Did Not Move. The Stock Fell 5% and the Market Cap Is Now 1.1x Waymo. GRAB Earnings Grab's Cash Flow Turned Positive. Its Record Profit Barely Came From Operations. COST News Costco's Fourth Quarter Is Sixteen Weeks Long. That Is Why Its Revenue Appears to Jump 36% Every Summer. GRAB Preview Grab Tripled Its Gross Margin and Still Cannot Hold Free Cash Flow Above Zero PG News P&G's Fastest Growth in Twenty-One Quarters Landed in a Quarter Its Revenue Fell. Both Halves Are Artifacts. UBER News Uber's Gross Margin Jumped 5.5 Points. Most of It Was an Accounting Change. NFLX News Netflix's Rule of 40 Fell 32 Points in a Quarter. The Margin It Actually Steers On Went Up. WMT News What Walmart's February Preview Missed—and Why Our Data Would Show a 27% Miss. UBER Preview Uber Heads Into Q2 2026 Earnings on August 5: Ads Scale, AV Bets Multiply, GAAP EPS Stays Noisy CVNA Earnings Carvana Q2 2026: Record Everything — Revenue, Profit, Units — and the Stock Still Fell 20% KO Earnings Coca-Cola Q2 2026: World Cup Boost Drives a Beat, Full-Year Guidance Raised, Stock Hits an All-Time High NFLX Earnings Netflix Q2 2026: The Numbers Were Fine — the Disclosure Cut Wasn't. Stock Hits 52-Week Low CVNA News Carvana Reports Tonight With a $1B Accounting Cloud Hanging Over It WMT Preview Walmart Reports Tomorrow as the World's First $1 Trillion Retailer DASH Preview DoorDash Reports Today Down 28%. Wall Street Still Says Buy. NFLX News Netflix Hits 52-Week Low at $79 as Warner Bros Deal Drama Drags On

Semiconductors

36 pieces
MU Earnings MU Q4 FY2026 reported earnings analysis MU Preview MU Q4 FY2026 earnings preview AVGO News China Counted Broadcom's Switches. Broadcom's 17.5% China Line Is a Shipping Label. INTC News The US Stake in Intel Is Up $29 Billion, Not $43.3 Billion. The Rest Sits in Escrow. MU News CXMT Raised $9.9 Billion in July and Spent Less on Plant Than a Year Earlier MU News Intel's CEO Says Memory Prices Rose Five to Seven Times. The Quarterly Rate Is 8-18%. MU News Microsoft's Code of Conduct Contains No Capex Number. The Market Repriced Capacity Prices Anyway. MU News Micron Offered Taiwan 68 Months of Pay. Its Unions Want 15% of Operating Profit, or $5bn a Quarter. INTC News Intel Sold Control of Altera and Booked $2.1 Billion on the Half It Kept. An IPO Would Mark Only New Shares. TSM News TSMC Has Filed Two Thirds of Its Quarter. September Has to Fall 6.1% for the Guide to Hold. INTC News Northland Hung a $120 Target on Terafab, Which Intel's Own Latest Filing Does Not Mention Once QCOM News Amazon Pays $4.03 Billion to Exercise. Our Model Sits 25% Under Qualcomm's $5 Billion Target. INTC News Intel's CFO Said It Will Still Be Behind in Q4. A Price Rise Into That Is Rationing, Not Margin Defence. AVGO Earnings AVGO Q3 FY2026 reported earnings analysis AVGO Preview AVGO Q3 FY2026 earnings preview MRVL Earnings MRVL Q2 FY2027 reported earnings analysis MRVL Preview Marvell Q2: The Next $3B Matters More AVGO News Broadcom May Raise $60B for AI Deals. Its 10-Q Already Disclosed a $29B Lease Backstop. MU News China's Largest Memory Maker Earned a 49% Margin. It Is Profiting From the Memory Cycle. MRVL News Google's $12.2B Marvell Warrant Vests Against $120B of Revenue—Not Equity Value. SKHY News SK hynix Approved ₩54T of Fabs Before a ₩40T Buyback. That Is Not Capacity Discipline. SKHY News SK hynix Tripled Its Revenue in a Year and Listed on Nasdaq a Month Ago TSM News TSMC Added 14 Points of Gross Margin While Tripling Its Quarterly Revenue AMD Earnings AMD's Best Growth Quarter Was Its Worst Cash Quarter, and the Rule of 40 Barely Moved SNDK Earnings Sandisk Guided to $8.25 Billion and Printed $8.97 Billion at an 84.6% Gross Margin MU News Micron's Rule of 40 Swung From −884 to 388. The Same Metric Failed at Both Ends. MU News Micron's HBM Gross Margin Rose From 37.7% to 84.6%. The Cyclical Thesis Is Broken. AMD Preview AMD Reports Q2 on August 4, and the Number That Looks Like a Stall Isn't One SNDK Preview Sandisk Heads Into Q4 FY2026 Earnings After a Record Quarter and a Brutal July Selloff QCOM Earnings Qualcomm Beat Its GAAP EPS Ceiling by $0.41. Investments Contributed $0.57. QCOM Preview Qualcomm Guided Two Earnings Numbers for the Same Quarter, 84 Cents Apart. The Consensus Is on Neither. INTC Earnings Intel Q2 2026: Best Revenue Quarter in 15 Years — and an $11 Billion GAAP Loss AVGO Earnings Broadcom Q2 FY2026: AI Revenue Grew 143%, Guided to Grow 200%+ Next Quarter — Stock Still Fell MRVL Earnings Marvell Q1 FY2027: Record Revenue on Custom AI Silicon, Nvidia Calls It a Future Trillion-Dollar Company MU News Micron Just Sold Out Its Entire 2026 HBM Capacity INTC News Intel's Supply Paradox: Record CPU Demand Meets Empty Shelves Under Lip-Bu Tan

Enterprise SaaS

35 pieces
ADBE Earnings ADBE Q3 FY2026 reported earnings analysis ADBE News Adobe's Last Two Quarters Are Beats on One Feed and Misses on Another. Tonight the Bars Are $1.21 Apart. ADBE Preview ADBE Q3 FY2026 earnings preview PLTR News Palantir's Nebius Deal Names No Dollars and No Megawatts, and Lands on Its Only Vertical With Published Units SNOW Earnings SNOW Q2 FY2027 reported earnings analysis PATH Preview PATH Q2 FY2027 earnings preview DOCU Preview DOCU Q2 FY2027 earnings preview GTLB Earnings GTLB Q2 FY2027 reported earnings analysis SNOW Preview SNOW Q2 FY2027 earnings preview MDB Earnings MDB Q2 FY2027 reported earnings analysis GTLB Preview GTLB Q2 FY2027 earnings preview MDB Preview MDB Q2 FY2027 earnings preview GTLB News GitLab Joins Coverage: It Bought Its Own Stock at $21.04 and Trades at $46.54 the Day Before Earnings. ADBE News Adobe Joins Coverage: Ten Straight Quarters Above 40 and a Multiple Cut by Two Thirds. DOCU News Docusign Joins Coverage Passing the Rule of 40 With Eight Points of Growth. PATH News UiPath Joins Coverage at 48.2, Three Days Before a Quarter Its Own Guidance Puts Near 21. ZETA News Zeta Says Rule of 64. On Cash It Is 58, and Half the Growth Was Bought. MDB News MongoDB Joins Coverage With the Same Rule of 40 It Had in 2020, Built From the Opposite Half. CRM Earnings Salesforce Earned $4.29 a Share and Its Operating Income Fell by $1 Million PLTR News Palantir Is Scoring 155 on the Rule of 40 — and Both Halves Are Still Rising CRM Preview Salesforce Spent $27.1B on Buybacks Funded by $25B of Debt. Its 12% EPS Growth Is Share Count. SNOW News Snowflake's Rule of 40 Went From 37 to 90 to 50 Without the Business Changing. DDOG Earnings Datadog's Growth Accelerated to 36% and Its Rule of 40 Went Down SHOP Earnings Shopify's Best Rule of 40 Score in Five Quarters, and Its Gross Margin Kept Falling U Earnings Unity's Rule of 40 Doubled to 61. A Third of the Revenue It Didn't Grow, It Sold. CRM News We Named Three Companies That Would Answer the AI Demand Question. Salesforce Was the Missing One. PLTR Preview Palantir Reports Tonight, and the Only Number We Can Update Is the One That Was Never the Problem PLTR News Palantir's Q2: Revenue Up 92.8%, Cash Margin 62%, Rule of 40 of 155 DDOG News Our Own Explainer Says the Rule of 40 Captures Stock Compensation 'Not Perfectly'. Here Is How Imperfectly. U Preview Unity's Best Rule of 40 in Years Came Out of the Quarter Its Gross Margin Fell to 31% DDOG Preview Datadog: Growth Reaccelerated to 32% Last Quarter — Q2 2026 Earnings Land August 6 NOW Earnings ServiceNow Q2 2026: A Beat That Cleared the Real Bar, Not Just the Official One NOW News ServiceNow Is Down 45% While Beating Every Estimate. The Market Is Scared of the Wrong Thing. U News Unity Beat Earnings and Crashed 34%. Here's Why. SHOP Earnings Shopify Q4 2025: $3.67B Revenue Beat, $2B Buyback — So Why Is the Stock Down?

Healthcare

19 pieces
UNH News UnitedHealth Guided Revenue Down 2% and It Went Up 1%. The Gap Is Worth 40 Cents of a $2.00 EPS Raise. JNJ News J&J Won the First-Ever wAIHA Approval on Nine Responders in 38. The Effect's Lower Bound Is 0.1 Points. ABCL News AbCellera Joins Coverage and Five of Its Last Eight Quarters Cannot Be Scored. HIMS News A $75,000 Visa Fee Caps Hims's July Card Charges at 625,000. Hims Has 2.9 Million Subscribers. HIMS News Hims's Cancer Test Costs $699, Not $250. WHOOP Sells It for $799 Without a Subscription. MRNA News Moderna Doubled on Phase 3 Data. The Business Books $2.2B and Burns $1.2B a Year. HIMS Earnings Hims Got Its Growth Back. The Profit Guidance Went Down. LLY Earnings Lilly's $3.80 Consensus Range Was a Disagreement About One Line. The Business Printed $8.38. LLY Preview Eli Lilly Reports This Morning and the Consensus Is $5.28 to $9.08 HIMS Preview We Covered Hims Four Times in Eight Days, Then Went Quiet for Six Months. It Reports Monday. ABBV Earnings AbbVie Q2 2026: Skyrizi and Rinvoq Keep Compounding — Stock Falls on a Narrow EPS Miss JNJ Earnings Johnson & Johnson's First $25 Billion Quarter Produced $3 Million Less Net Income Than the Year Before. JNJ Preview Johnson & Johnson Guided to $100 Billion. It Has Never Reported a $25 Billion Quarter, and It Now Needs Three. UNH News UnitedHealth's First Revenue Decline in Decades. The $439B Guidance Problem. HIMS News HIMS Perfect Storm: FDA, DOJ, and Novo Nordisk Close In — Stock Down 75% From Highs HIMS News HHS Refers Hims to DOJ for GLP-1 Drug Investigation HIMS News HIMS Enters Cancer Diagnostics with $250 Galleri Test HIMS News Hims Launches $99 GLP-1 Pill, Undercuts Novo Nordisk by 90% HIMS News FDA Reversal on Semaglutide Pill Compounds: What It Means for HIMS

Energy & Materials

14 pieces
XOM News Exxon's 11 Million Gallons of Gasoline and Diesel at Joliet Is Nearly All the Crude GNRC News Amazon Is Expected to Take $1.2 Billion a Year of Generac Generators. That Is Half Generac's Commercial Sales. OXY News Crude Settled 7.8% Above Both Our Oil Price Decks. Occidental Has 100,000 Barrels a Day Capped at $75.89. CVX News Distillate Cracks Tripled to $106 a Barrel While Crude Fell. Our Refining Models Assume the Reverse. SIEGY News Siemens Joins Coverage and the Dollar Does Half of Its Growth. GE News GE Joins Coverage: Two Revenue Histories for the Same Quarters, and Why We Store the Smaller One. GEV News GE Vernova Joins Coverage: Nine Quarters, One Basis, and a Cash Inflection Nobody Guided To. VIST News Vista Energy Joins Coverage: The Growth Is Bought, and the Cash Only Shows Up Between Deals. OXY News Occidental's Earnings Went Up Tenfold. The Debt Paydown Explains 5% of the Increase. VST News Vistra's Rule of 40 Has Printed −36 and +70 in the Same Ten Quarters. XOM News Guyana's Stabroek Share Jumped 25 Points. Exxon Had Already Priced the 100,000-Barrel Cost. AMCR Earnings Amcor Grew Sales 57% in a Year Its Volumes Fell. Now the Fiscal Year Itself Is Changing. CVX Earnings Chevron Q2 2026: Profits Nearly Quadruple as Middle East and Venezuela Turmoil Send Oil Prices Soaring OXY Preview Occidental (OXY): Oil-Price Spike Meets the Buffett-OxyChem Cleanup Ahead of August 5 Earnings

Networking & Security

14 pieces
ZS Preview ZS Q4 FY2026 earnings preview PANW Earnings PANW Q4 FY2026 reported earnings analysis PANW Preview PANW Q4 FY2026 earnings preview ZS News Zscaler Joins Coverage: Thirteen GAAP Losses in Fourteen Quarters and No P/E to Print. OKTA News Okta Joins Coverage Scoring 38.8 on the Print That Moved It 27%. NOK News Nokia Joins Coverage With a Rule of 40 That Fell 34 Points and No Growth Miss. CRWD Earnings CrowdStrike Cleared the $285M Bar by $47M — Then Raised the Raise CSCO News Cisco Added Supermicro to Its AI Factory. CRWD Preview CrowdStrike's EPS Guide Fits Inside One Post-Split Cent. The Surprise Must Come From New ARR. NET News Cloudflare Is Still Growing 36%. It Has Paid Six Points of Gross Margin to Do It. CSCO Earnings Cisco Guided Fiscal 2027 to Grow Faster Than Fiscal 2026. Its Gross Margin Went the Other Way. CRWD Earnings CrowdStrike Q1 FY2027: Record Net New ARR, Raised Guidance, and a First-Ever Stock Split PANW News Palo Alto Beat on Everything. The Stock Dropped 6%. CSCO News Cisco's AI Networking Bet Is Paying Off — Wall Street Doesn't Care

Banking & Finance

13 pieces
BRK-B News Berkshire's New Chairman Holds 0.0016% of the Votes NDAQ News Nasdaq Put $100 Million Into Kraken's Parent. Its Tokenized Share Can Only Move Between DTC Participants. NDAQ News Nasdaq Joins Coverage and 41% of the Revenue It Reports Never Belongs to It GS News Two Platform Segments Collapsed. One Was Planned; the Other Was a Customer Leaving. BRK-B Preview We Said Buffett's Apple Selling Was the Statement. Apple Then Became the Most Valuable Company in the World. MA Earnings Mastercard Q2 2026: Beat and Raised Margins — Stock Barely Moves V Earnings Visa Fiscal Q3 2026: Payments Volume Crosses $4 Trillion — Then the Company Cut Jobs SCHW Earnings Charles Schwab Q2 2026: Record Revenue, Guidance Raised — Stock Fell Anyway MS Earnings Morgan Stanley Crossed $10T. Half the Record $148B Came From Its Clients' IPOs. BAC Earnings Bank of America Q2 2026: EPS Up 34%, Every Segment Firing — Stock Barely Moves GS Earnings Goldman Sachs Q2 2026: Record Revenue, EPS Up 92% — And the Stock Got the Memo JPM Earnings JPMorgan Q2 2026: Record $21.2B Profit — and Dimon Warns It 'Feels Like 2007' MS Preview Morgan Stanley Needs a $787 Billion Quarter to Reach $10 Trillion. It Added $1 Trillion in the Last Four.

Other

1 piece
News The Boring Company Raised $3 Billion at $23 Billion. Its Own Numbers Put the UAE Target at $3.6 Billion.