Research
Arguments built from the bottom up, in units.
Each piece takes one claim and tests it against the physical numbers — gigawatts, factory capacity, lead times, backlog — and names every source. If the claim fails, that is the finding.
Okta Fell 9.2% on an Anthropic Launch. Six Months Later, Anthropic Picked Okta
The February sell-off was wrong about Anthropic. Okta fell 9.2% in one day when Anthropic launched a security product. By August, Anthropic had named Okta the first identity provider for its new…
OKTAOct 10, 2026
Atlassian's 13% Guide Hides a Cloud Business Growing 31%
Atlassian guides FY27 revenue up 13%, yet its Cloud business grew 31% in the June quarter. Retiring the self-hosted Data Center product explains most of the gap, and the remaining lines are guided…
TEAMOct 10, 2026
Dell Took 3.7 Times More AI Orders Last Quarter Than It Could Ship
Dell booked $60.9B of AI server orders in the three months to 31 July 2026 and shipped $16.4B of them, leaving a backlog of $95B.
DELLSep 27, 2026
Moderna's 177% Day Now Needs $10.80 Billion of Revenue. The Data Lands 24 October.
Moderna traded at $22.28 within the last 52 weeks and closed at $198.88 on 26 September, after one cancer trial readout added roughly $45B of market value in a single session.
MRNASep 27, 2026
AMD Signed OpenAI, Meta and Anthropic. Consensus Already Has Every Gigawatt.
AMD has contracted 14 gigawatts of Instinct deployment: OpenAI 6 GW, Meta up to 6 GW, Anthropic up to 2 GW, first shipments H2 2026 to H1 2027.
AMDSep 21, 2026
$52.8 Billion of Free Cash Flow Buys Back a Fifth of Sandisk by 2028.
Sandisk is listed because SK hynix vetoed the merger Western Digital wanted. Four days after those talks collapsed in October 2023, WDC's board authorised the split instead.
SNDKSep 21, 2026
AI Booked 110 Gigawatts of Gas Turbines. The Factories Build 65 a Year.
Global data-center electricity demand is set to at least double this decade, from about 415 terawatt-hours in 2024 to somewhere between the IEA's conservative 945 and Goldman's and McKinsey's…
AIPOWERJul 15, 2026
SanDisk Locked In $42 Billion of Multi-Year Memory Backlog. Q4 Prints August 5.
SanDisk reported $5.95 billion in fiscal Q3 revenue (quarter ended April 3, 2026), up 251% year over year and 97% sequentially, with datacenter revenue up 233% as hyperscalers built out AI storage.
SNDKJul 14, 2026
AMD Just Locked In 12 Gigawatts of Committed AI Demand. Q2 Prints in 22 Days.
AMD entered July with two multi-year deployment commitments totaling 12 gigawatts of GPU capacity (Meta's 6GW MI450 deal announced February 24, 2026, plus OpenAI's 6GW deal announced October…
AMDJul 13, 2026
