Bullpen.News From Edwin Dorsey
Get Daily Recap Feedback

Latest News

Market capAny size
All Over $50MOver $300MOver $2BOver $10B
All Under $1BUnder $10BUnder $100BUnder $500B
SectorsAll
Filter by sector
Thursday, October 15, 2026· 10148 stock ideas· 217 writers·
15,003 views· 7,143 clicks

October 2026 Random Ramblings

October 2026 market commentary covers SOLS’s cancelled merger, a hypothetical Starbucks-Chipotle deal, Russell 2000 weakness and AI premiums for Oura and home builders.

SOLS $9.7BSBUX $103B
Yet Another Value Podcast 65 clicks

From X

@aleabitoreddit 2 clicks

Serenity on X

$TSM released earnings today. I was more curious about commentary given recent the market panic. For analyst Q&A rounds: Q: Citi explicitly challenged TSMC on AI financing, HBM, CoWoS, lasers and the risk of overbuilding capacity A: $TSM assessed CSP capex, DC construction conditions, customer financial conditions, and supply of critical components. Management's conclusion is still that "demand exceeds supply". As well as that AI accelerator revenue growth could exceed its previous 50%+ CAGR projection through 2029. This is a more meaningful statement since it addresses some concerns regarding recent selloff. Q: JPM asked if wafer supply could be tighter in 2027 than in 2026 (demand visibility) A: Wei (Chairman/CEO) stated $TSM even sends staff to verify DC construction progress on site. And after assessing all the factors, TSMC believes gap between supply and demand remains substantial. It could not determine whether the extent of the gap given customers continues to increase demand. Q: On pricing power: A: Wei responded that there is "no ceiling on TSMC's profitability" but that profits will not surge dramatically overnight. (Source: NextApple, Taiwanese press) Regarding earnings, very strong: as usual - TSMC record profits of $23.6B (68% Y/Y growth), and revenue jumping to $46.72B, beating expectations. - Q4 Guidance was $52.3-$54.3B revenue off 65-67% gross margins. TLDR: - No signs of any slowdown or collapse as AI demand far exceeds supply for foreseeable future. $TSM is probably the fundamental proxy/canary to how the overall AI semi trade is doing. - On financing concerns and fear of overcapacity showing up in semiconductor demand: $TSM specifically examined the risks investors are concerned about now and assessment still points to unmet demand. During the Q&A session, Wei said AI demand was "very, extremely strong," with absolutely no signs of slowing. Underlying AI semi supply chain growth is healthier than recent market panic suggest.
@aleabitoreddit 1 click

Serenity on X

Clearly a macro related drop after CPI numbers came out today and further US rate hike anticipation. Since $KOSPI, $SPY, and Nikkei ended up plummeting. There's too many potential second/third order effects that's hard to map due if $CRWV goes down or frontier labs struggle (given contractual obligations). Rate hikes understandably amplifies a lot of those fears. But I do think everything getting sold off together presents opportunities. If $LITE has take/pay contracts + sold out until 2029 for lasers and is being financed by hyperscalers for 2031 demand. The demand visibility + financing (with counterparties like $MSFT or $AMZN) are too solid that I wouldn't bunch companies in the optical sector together (that already have cash on hand via ATMs or private placement). With a neocloud that requires billions in future toxic financing in high rate environments. I think markets will eventually distinguish nuances from actual profitability, financing, and long term demand sustainability rather than just treating everything as one "bubble".
@aleabitoreddit

Serenity on X

It's interesting to see Elon interacting with finance X accounts out of the blue. Then amplifying $CRWV financing concerns, Chinese memory flooding, to AI investors being gamblers recently. With $SPCX and $TSLA, I do think Elon is a visionary but from how it looks from the outside... Amplifying concerns about competitors does make their financing more difficult as a self-fulfilling prophecy. And multiple posts about Chinese memory flooding after calling Samsung/SK Hynix pricing extortion does harm these supplier valuations... The economic incentives of doing so probably benefits Tesla/SpaceX more in the long run, even if everything goes down together. There's merit to a lot of things (I've been voicing Coreweave concerns about debt interest + rate hikes for the longest time...). But much like high end memory flooding to nuances of "No crying in a Casino" when the $AVGO CEO comments were regarding OpenAI ARR datapoints... were missed. You can throw rocks at others when a glass house is propped up by passive index flows

Investor Letters

All letters

Free Recaps of the best new stock ideas, delivered every morning.

Read past recaps

My 2028 numbers

ASML’s €11.7 billion quarter benefited from €3.3 billion in installed-base sales and operating leverage, while the MATCH Act threatens…

ASML $660B
Best Anchor Stocks 18 clicks

Lennar, Part One: The Story

Lennar grew from a Miami builder into one of America’s two largest homebuilders, controlling land largely through options and land banks…

LEN $17B
Latticework by MOI Global 7 clicks

Lennar, Part Two: The Deep Dive

Lennar’s second audio program examines the homebuilder’s business for professional investors and housing analysts.

LEN $17B
Latticework by MOI Global 9 clicks

ASML Q3 FY12/26 Earnings Review

ASML reported Q3 sales of €11.7 billion, up 55% year over year, and guided Q4 sales to €14.2 billion to €15.2 billion amid capacity…

ASML $660B
Cestrian Capital Research 3 clicks

Insider activity September 2026

Asian insider buying rose 19% to US$2.4 billion across 930 September transactions, led by Grab CEO Anthony Tan’s US$30 million purchase…

GRAB $12B
Asian Century Stocks 6 clicks
SRTA · long

Strata Critical Medical INC

Strata Critical Medical, SRTA, supplies organ-transport products tied to U.S. transplant growth.

SRTA $404M
Value Investors Club 2 clicks

Expert Call | Corning

Corning’s NVIDIA-backed 10x fiber expansion, enterprise connector demand and carrier capacity plans frame its optical communications…

GLW $126B
P Equity Research 36 clicks

Have a source we’re missing? Send your pick

Recent recaps

Latest recap

Tuesday, October 13 64 stock ideas
  • Expert Call | Corning P Equity Research
  • Rollins (ROL), Verisure (VSURE), and the cost of standing still (Part 2, Verisure) Best Anchor Stocks
Read the recap

All recaps

Publications we follow

Every publication on this site, hand-picked.

129 publications

Newsletters 107

YouTube 4

Blogs 17

Seeking Alpha 49 of 225

Nominate a publication

X accounts we follow

Every account on this site, hand-picked.

88 accounts
Nominate an account

Investor letters we follow

189 firms

Sectors

Ordered by how often our editor reaches for them.

Anything we’re missing?

Send us a pick