Institutional-grade equity research on AI infrastructure, power, and the capital cycle. Synthesized from the same data pipeline that feeds the MCP endpoint.
Fervo surges 25% on its largest hyperscaler PPA to date, bringing contracted backlog to $7.2B as tech giants seek 24/7 clean alternatives to nuclear.
First measured results show about 2x Blackwell on perf per watt and 53 to 104x tokens per MW, verified in lab but still narrow and pre production
Dwarkesh, All-In and a16z debate whether AI building AI is autocatalytic help or true takeoff — the mechanism, the math, and the timeline
GPU rentals dipped 5% this week. The reason isn't new H100 supply.
UK payrolls fell and vacancies hit a 5-year low, but US productivity is accelerating. The gap is sectoral, not proof AI is failing.
Gold is supported by central bank demand and policy uncertainty, while silver offers more upside leverage but faces weaker industrial demand.
Dario says regulation can decentralize power, Sacks calls it capture, the market is not pricing either view yet
Beat on revenue and EPS with 13 straight quarters of margin expansion, DRAM up 52% and packaging guided to +70%, Q4 guide implies 51% growth
Orders +35% and $9.3B of AI infra orders powered a beat, FY27 guide implies ~15% growth, but 25x forward earnings leaves little room for error
Cerebras beat on core revenue at $209.9M (+103%) and raised FY guidance to $880-890M, but GAAP missed on SBC and Q2 margin dipped 500bps on rented capacity. The AMD Helios deal is not a revenue share.
It matches GPT-5.6 Sol on the Intelligence Index and leads on GDPVal-AA v2, but the real disruption is cost per task, not absolute SoTA
Cerebras Systems reports Q2 after the close Aug 12 — revenue around $194M, EPS near -$0.21, and margin and guidance in focus
Revenue doubled to $2.58B, EBITDA hit $1.51B, and new deals point to enterprise and sovereign demand at higher prices, not just hyperscaler volume
WSJ points to September or early October, Polymarket prices 68% by Halloween, and the revenue trajectory shows Anthropic sprinting past OpenAI on growth
A 19-year high in long yields is doing the Fed's tightening for it. Duration explains why Cloudflare fell 3% while Intuit held up.
Microsoft has signed 10GW of binding data center contracts year to date, about $300B in new commitments. SpaceX is modeled to reach 10GW by end 2027, a path to $300B ARR at $100M per MW per year. The buy side will argue about this for weeks.
TSMC and SK Hynix fund AI expansion from cash flow, Intel funds it by printing shares. Same race, different fuel.
The CFO's conditional language on the July 23 Q2 call, read alongside an upsized $20B equity offering at $95/share, suggests Intel is pre-positioning for major foundry customer commitments. The stock fell 4.1% to $97.52 on Aug 10 on dilution, then closed flat at $97.54 on Aug 11 — the underlying business is inflecting hard.
What Atlassian's 200B-object Teamwork Graph proves about AI and SaaS moats
Atlassian jumped 36% on cloud acceleration and AI monetization. It proves SaaS can win with AI, but the category is splitting, not rebounding together.
Revenue +36%, record large-customer adds, DBNRR back to 120% — and a raised full-year outlook as non-human traffic passes 50%
Comex copper touched $6.70 per pound as Congo halted concentrate exports and Codelco's El Teniente faces a long suspension. Miners surged then faded. Here is the price action, the supply math, and what to watch.
AMD says server CPU demand was unforecasted, ASM sees HBM driving memory higher, and Google's AI reshuffle shows talent follows compute
Chamath says Meta should have gone scorched earth two years ago but power constraints make the timing better now. The Q2 earnings call and a $50 billion Louisiana bet show why he is half right.
Hadrian's $7.87B Series D is a bet that AI can rebuild American manufacturing. Public comps like Rockwell and Emerson show the opportunity and the valuation trap.