Growth can decelerate without destroying the investment case. A delayed milestone or a back-half-weighted year matters, but it is not automatically a broken thesis. The key distinction is between timing and economics. Investors should separate the path from the destination. A slower ramp changes present value, financing needs, and the amount of patience required. It […]
Growth Can Decelerate Without Breaking the Thesis Read More »
$DGXX is following the exact $APLD playbookabout 18 months behind. The pattern institutional investors are not pricing yet is the identical progression: both companies started as crypto miners, pivoted into AI data centers, and signed transformative anchor tenants. That matters because the pivot is not a story change; it is a monetization change. Once a
DGXX Is Following the APLD Playbook: 18 Months Behind Read More »
🚨This is the most bullish thing that's happened to AI infrastructure all year – it’s financial validation! Google isn't dumping shares. It's doing a textbook raise-to-GROW. There's a difference between raising equity to SURVIVE and raising to fund demand you physically can't meet. $GOOGL is the second kind and the tell is Berkshire. Buffett's shop
The most bullish thing for AI infrastructure Read More »
Outside post-recessionary rebounds -> but we did have a recession! It just rolled through manufacturing (26 straight months of ISM contraction <50 – the longest on record), freight and goods rather than hitting all at once. Cap-weighted EPS hid it. The rebound fits the S&P 500 earnings are now expected to increase by 24% this
Outside post-recessionary rebounds: but we did have a recession! Read More »
Credo Technology just closed a year most companies will never seeand the market response was red. That disconnect is the thesis: investors are treating extraordinary growth as if it is already decelerating. Revenue more than tripled to $1.3 billion for FY26, while non-GAAP net income increased more than fivefold to $662 million. Q4 revenue reached
Credo’s Triple-Digit Growth Is Being Priced Like a Slowdown Read More »
Talent migration IS the leading indicator! Long $OPEN Everyone gave up on $OPEN. That’s usually the tell. Talent migration is the leading indicator of a turnaround -> where the best operators move signals the comeback long before the financials do. And look who migrated to $OPEN : A $SHOP -pedigree CEO @nejatian on a $1
Talent Migration Is the Leading Indicator Read More »
The space shakeout flushed the tourists. $ASTS dropped 15% on a rocket that wasn’t even theirs.$RKLB, the whole group got hit. But the contracts didn’t change. The launches didn’t stop. The thesis didn’t move. Shakeout over? Or just the discount before liftoff? I know The SPACE sector is moving. Here’s the FULL stack: THE LAUNCH
The space shakeout flushed the tourists. Read More »
New AI Chokepoint -> Photonics Long $AAOI $SIVEF $SIVE $CRDO The optical layer just became AI infrastructure’s strategic priority. $MRVL CEO Matt Murphy tonight (Q1 FY27): “It’s been just a HOME RUN getting the Celestial team in here combining them with our optics team. End to end solutions from XPU to switch with any type
New AI Chokepoint: Photonics Read More »
A large FLNC options trade offered a useful glimpse into how sophisticated capital can express a long thesis without simply chasing shares. The structure involved roughly $19 million of premium: puts sold, a straddle sold to open, and $30 calls bought. The common thread is willingness to own the stock at $30 while being paid
FLNC Options Flow: Paid to Wait, Willing to Own Read More »
Big $FLNC flow this morning Someone just sold ~$19M of premium on Jan 2028 $30s: Sold puts (x2) Sold a straddle to open Bought $30 calls Translation: a large player is getting PAID to wait and is willing to own $FLNC at $30, betting it doesn’t break down, with an
FLNC options flow: a large player is paid to wait Read More »
