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Thursday, October 22, 2026· 10011 stock ideas· 219 writers·
23,299 views· 11,072 clicks

Lam Research Q1 FY6/27 Earnings Review

Lam Research reported $8.22 billion in Q1 FY6/27 revenue, with systems up 62% and operating margin reaching a record 40% as memory spending accelerated.

LRCX $326B
Cestrian Capital Research

From X

@BrokenMoats 1 click

Broken Moats on X

Dispersion trade creating opportunities of fundamentals not matching price: $FDS now higher than the before SaaS (apocalypse) took off. Hard to argue they are not one of the most disrupted names across data services / software $PAYC $PCTY $WDAY - same challenges across software names and pricing / seat pressures. These names also face heavy increased competition from Rippling $EXPE - Hotels going direct has already started and OTAs should see supply pressure and take rate pressure $RNG - Does anyone legitimately believe they're an AI play? Agents don't need calls, don't need phones, and you don't need RNG to provide those agents - especially as every sb and up software provider and crm/erp Many others across software but also in financials, industrials and consumer
@convequity

Convequity on X

Kimi K3 open source just made local frontier inference a different game 1.56TB download. 2.88T total / 104B active. Recommended: 64-chip supernode. Individual users are effectively locked out of running the new frontier open-source models at home. The only realistic path left is hoping Apple’s M7 Ultra with Thunderbolt-based RDMA can handle it — and that still depends on memory pricing from Samsung/SK Hynix/Micron or whether Washington lets Apple source from CXMT/YMTC. The bigger shift is on the enterprise side. If you run K3 on an NVL72 rack without stuffing the batch with enough concurrent users, your inference cost can easily run 5x+ versus an API provider that aggregates queries. Most companies will need an orchestration layer that either: - pools multiple user requests in real time, or - parks non-urgent demand for overnight runs to maximize hardware utilization. That reality makes GPU rental structurally more attractive than buying and operating the iron yourself. Which is an uncomfortable implication for $DELL’s enterprise GPU server business. Curious how many enterprises will actually choose to run models at this scale on-prem without sophisticated batching. The economics are no longer obvious.
@convequity

Convequity on X

Rocket Lab just won its biggest launch contract ever: $266 million from the U.S. Space Force The deal covers 12 guaranteed suborbital test launches (with options for 6 more) for missile-defense work. First flight no earlier than the end of 2026, mostly from a brand-new Rocket Lab site in Alaska. This locks in real multi-year defense work and a new U.S. launch site. Solid backlog signal for $RKLB — and exactly why we keep the position in the Convequity portfolio.
@convequity 2 clicks

Convequity on X

Samsara and the physical-AI narrative We exited $IOT. The market is still pricing it as a core beneficiary of the coming wave of AI-enabled robots in warehouses, offices, and homes. Our read is different. Samsara’s real differentiation is software orchestration for distributed IoT fleets, not proprietary sensors or hardware. The physical sensors are outsourced to Asian manufacturers, and the orchestration layer itself is exactly the part of the stack that AI coding tools are making easier to replicate. As a result, the competitive position looks less durable than the current narrative suggests.

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Mosaic, Part One: The Story

Mosaic’s history traces the 2004 Cargill-IMC merger and the phosphate and potash mines that shaped NYSE: MOS.

MOS $5.7B
Latticework by MOI Global 6 clicks

Mosaic, Part Two: The Deep Dive

Mosaic, NYSE: MOS, is the subject of a second audio program for professional investors analyzing fertilizer producers.

MOS $5.7B
Latticework by MOI Global 4 clicks

Unicycive (UNCY):

Unicycive’s oxylanthanum carbonate NDA earned a March 25, 2027 PDUFA date after two manufacturing-related rejections, with no FDA clinical…

UNCY $110M
Triple S Special Situations Investing 2 clicks
EXPE · long

Expedia Group INC

Expedia Group, one of the largest online travel companies, has roughly 3.6 million lodging properties and is expanding internationally.

EXPE $35B
Value Investors Club

Moon River Moly: Research Note

Moon River Moly’s updated Davidson PEA lifts after-tax NPV to $1.24 billion as flotation raises tungsten output 350% and cuts molybdenum…

MRIVF $16M
Atrium Research - Equity Research 1 click

GLOO, part two

Gloo faces related-party deals, insider-heavy IPO ownership, acquisition losses and $84.5 million of CEO-backed puts as it burns cash and…

GLOO $291M
Guardian Research 3 clicks

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