Anthropic Is Worth $1.4 Trillion on Paper. The $895 Billion Bill Comes Later.
Revenue is surging. The compute commitments that enable it are the real variable traders need to price.
150 years ago, they built a secret Europe…
A note from our friends at The Agora Companies(ad) Back in the 1860s, settlers from France, Italy, and Germany built…
Siemens Has a €143 Billion Backlog. The Market Still Prices It Like a European Also-Ran.
Record orders, record free cash flow, and a raised growth outlook put Europe’s largest industrial in a category the market has yet to price correctly.
JetBlue Is Up 40% This Month. That’s Why You Don’t Buy the Stock.
A stock that moves 40% in eleven days is not a stock you buy outright. It is a stock you…
Micron Is Down 42% With a December Report Coming
Revenue nearly quadrupled in fiscal 2026. The stock is priced for a cycle bust that the data don’t yet support.
The AI Bubble has started to crack…
A note from our friends at The Oxford Club(ad) The Shocking Truth about the AI Bubble In just 48 hours,…
Siemens Energy Targets Triple Earnings by 2030. The Separation Makes It Cleaner.
A record €164bn backlog, ~€10bn of free cash flow guided for 2027, and a separation that sharpens the core business, here is what today’s numbers mean.
GPN’s Debt Load Is the Real Question in a $40B Buyout
The headline is seductive: Clayton, Dubilier & Rice, one of the largest private equity firms, is exploring a take-private of…
The Trade Desk Fell 73%. Now It Has Its Biggest Revenue Beat in Years.
An $85 million revenue surprise and 95% retention are forcing shorts to rethink 2026’s most punished ad-tech stock.
Circle November 11 on your calendar
A note from our friends at Brownstone Research(ad) Dear Reader, My name is Jeff Brown, founder and CEO of Brownstone…