Analysis & Explainers
Longer reads on stocks, crypto and markets - the context behind the headlines.
Palantir: A Software Moat in Defense and Data
Palantir builds data software for governments and enterprises; here is how the business and its rich valuation work.
AMD's Business: Processors, GPUs, and a Premium Valuation
A deep look at how AMD makes money across data centers, PCs, and gaming, what its premium valuation assumes, and the threats to the story.
Netflix: How the Streaming Pioneer Earns and What Could Break
How Netflix turns subscriptions into cash, what underpins its valuation premium, and where the risks lie.
Nvidia's Business, Moat, and the Risks in Its AI Franchise
Nvidia's business, its software moat, and the risks that could break the AI story.
Netflix's Streaming Economics: Scale, Spend, and the Market's Verdict
Netflix makes money through global subscriptions and original programming. Here is how its expensive content model creates both leverage and risk.
Amazon: How Retail and Cloud Build the Profit Loop
Amazon's profit story rests on retail and cloud, and this analysis explains what holds them together.
Microsoft: Cloud, AI, and the Durable Windows Franchise
Microsoft's earnings rest on cloud infrastructure, subscription software, and a powerful ecosystem. Here's what drives the stock.
Alphabet: How the Search Machine Powers Everything Else
Google's parent makes money from search ads, then spends it on cloud, AI, and moonshots. Here is the full business story.
Salesforce: The CRM Leader's Business and Valuation
How Salesforce makes money from cloud subscriptions, what supports its moat, and what could break the story.