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Robinhood (HOOD): A Q&A Ahead of an Earnings Print That Already Happened
Robinhood grew net deposits 31% and converts 65% of revenue to free cash flow, yet trades at 44 times earnings with growth decelerating. A Q&A on the call.
SK Hynix Just Posted a Record Quarter — and the Stock Fell 14.7% Anyway
SK hynix beat every record on the books and still dropped 14.7% on an operating profit miss. Why this looks like an expectations reset, not a cycle turn, and wh…
AMD: A Genuinely Better Business, at a Price That Assumes It Wins
AMD is up 197% in a year on 14 gigawatts of AI deals, yet earns 7.8% on invested capital against a 17.8% cost. Why the price, not the business, is the problem.
Coinbase (COIN): The Bull Case, the Bear Case, and Why Neither Wins Yet
Coinbase shares fell 57% from their high as Bitcoin dropped and revenue shrank. A bull-versus-bear breakdown of why the call is Watchlist, not Buy, near $167.
Apple (AAPL): Three Numbers That Make This a Hard Buy Right Now
Apple grew revenue 16% and expanded margins this quarter, yet its earnings yield sits below the 10-year Treasury. Three numbers behind the Watchlist call.
Marvell (MRVL): A Growth Story Still Mid-Unwind From Its Own Blow-Off
Marvell grew revenue 28% and raised its fiscal 2028 target, yet the stock still trades at 49 times earnings after a 41% drawdown. Why the call is Watchlist.
Samsung and SK Hynix's $950 Billion Bet: What the Memory Mega-Deals Mean for Chip Stocks
Samsung and SK Hynix signed roughly $950 billion in supply deals with Nvidia and Broadcom, reversing a $1.5 trillion memory selloff. What it means for Micron, e…
CoreWeave (CRWV): Real Demand, but the Equity Sits Behind $35 Billion of Debt
CoreWeave has a $99 billion backlog and 146% expected growth, yet depreciation and interest already erase its entire cash margin. The case for patience.
Datadog (DDOG): A Q&A on the Best Operator in Software, at a Full Price
Datadog's revenue growth accelerated for four straight quarters to 32%, yet the stock trades at 19.5 times forward sales. A Q&A on whether that's a Buy.
Intel (INTC): A Real Turnaround, Priced Like a Sure Thing
Intel is up 170% in 2026 on foundry turnaround hopes, trading near 90x forward earnings while the foundry loses $2 billion a quarter. The call is Watchlist.
Alphabet and Tesla Report Q2 2026: A Capex Bet and a Margin Miss
Alphabet beat on revenue and raised capex guidance to $205 billion. Tesla beat on revenue but missed on profit. What both prints mean for AI and chip stocks.
Lemonade (LMND): Three Reasons for Caution, Three Reasons the Story Has Changed
Lemonade's loss ratio improved 16 points in a year and growth reaccelerated, yet the stock still trades at 4-5x sales. Weighing the bull and bear case.
NVIDIA (NVDA): The Rare Case Where the Price Is Not the Problem
NVIDIA grew revenue 85% with 75% gross margins and a $1 trillion order backlog, yet trades at just 21x forward earnings. Buy, not Strong Buy, and here is why.
SpaceX (SPCX): The Best Assets in the Market, at the Wrong Price
SpaceX trades 47% below its post-IPO peak, weighed down by an $18 billion cash-burning xAI bet and a looming wave of lock-up share supply into year-end.
Broadcom (AVGO): The Bull Case, the Bear Case, and a 20% Discount
Broadcom fell 13% on a clear earnings beat, then dropped another 20% from its June high on AI chip strength. The bull case, the bear case, and the verdict.
Affirm (AFRM): Proven Profitable, Priced for It
Affirm turned durably profitable this quarter with 35% GMV growth and contained credit losses. The business earned an upgrade; the price has not.
Airbnb (ABNB): A Wonderful Business, But Is the Price Right?
Airbnb generates 37% free cash flow margins and carries no debt, yet trades at nearly double the multiple of Booking Holdings. Quality is not the question.
Palantir (PLTR): A Q&A on a Great Business at a Demanding Price
Palantir grew Q1 revenue 85% and posted a 145% Rule-of-40 score, yet trades at 41x forward sales and 90x earnings. Why the call lands on Watchlist, not Buy.
Microsoft (MSFT): The Bull Case, the Bear Case, and What the Price Already Assumes
Microsoft fell 22% in a year despite accelerating Azure growth. The bull case, the bear case, and why the spending controversy looks priced in.
Netflix (NFLX): Three Reasons to Worry, Three Reasons the Sell-Off Went Too Far
Netflix is down 45% on back-to-back guidance misses, trading at a multi-year-low multiple. Three reasons for caution, three reasons it looks overdone.
SK hynix (SKHY): A Great Business, Priced Wrong on This Exchange
SK hynix leads the AI memory market, but its new Nasdaq ADR trades 24% above the Seoul shares it represents. Why that gap, not the cycle, is the risk.
Meta (META): Five Questions on the Cheapest Megacap Growth Stock
Meta grew revenue 33% and cut buybacks to zero in the same quarter. Five questions on why the stock still looks like a Buy at 19.8x forward earnings.
Alphabet (GOOGL): The Best Business on the Internet, Trading Like a Question Mark
Alphabet grew revenue 22% and Cloud 63%, yet the stock sits 15% below its high on capex fears. Why the sentiment-fundamentals gap looks like an opening.
Circle (CRCL): The Bull Case, the Bear Case, and the Verdict In Between
Circle's USDC franchise is strong, but 94% of revenue rides on reserve rates now under attack from a rival coin. The bull case, bear case, and verdict.
Lumentum (LITE): A Top AI-Optics Franchise, Priced for Perfection
Lumentum posted 90% revenue growth and a NVIDIA anchor investment, yet trades at 44x forward earnings. Great business, demanding price — call it Watchlist.
Adobe (ADBE): Three Reasons to Worry, Three Reasons the Market Might Be Wrong
Adobe trades at 9x forward earnings, a third of its historical average, after losing its CEO and CFO. Three reasons to worry, three reasons it may be overdone.
Chip Stocks Are Bleeding — Is This the Top, or a Sale?
Chip stocks lost $1.3 trillion in weeks after a record quarter. Here is why this looks like a valuation reset, not a demand collapse, and where to look next.
ServiceNow (NOW): Five Questions Before You Buy the Dip
ServiceNow is down nearly 50% on AI fears, yet renewals held near 97% and demand kept accelerating. Five questions on whether the dip is worth buying.
TSMC Just Posted a 77% Profit Surge — What It Means for AI
TSMC posted 77% profit growth and record margins in Q2 2026, with advanced chips driving 77% of sales — a strong signal for AI and chip demand.
IBM: Its Worst Trading Day in 115 Years, and Why the Street Is Split on What It Means
IBM shares fell 26% in a day, the worst drop since 1987, after a surprise earnings warning. The balance sheet is fine, the moat holds, and one week settles it.
SoFi (SOFI): A Genuinely Great Business That Still Isn't a Genuinely Cheap Stock
SoFi posted record revenue, profit, and loan growth this quarter, yet the stock is still down 31% for the year — and it still isn't obviously cheap.
Tesla (TSLA): A Genuinely Good Quarter Trading at a Price That Assumes a Great One
Tesla just posted record deliveries and real margin recovery. The car business looks solid. The $1.48 trillion price tag assumes a lot more than that.
Micron (MU): A Record Quarter, and a Stock in a Bear Market Anyway
Micron just posted its best quarter ever and beat estimates. The stock fell 22% anyway. Here is why the drop has almost nothing to do with the business.
Oracle (ORCL): A Real AI Boom Sitting on a Genuinely Stressed Balance Sheet
Oracle beat estimates and raised guidance, yet the stock is down nearly 60% from its peak. The problem is not demand. It is how the boom is being financed.
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