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Thursday, October 15, 2026· 5070 stock ideas· 217 writers·
14,986 views· 7,128 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.

SBUX $103BCMG $38B
Yet Another Value Podcast 65 clicks

From X

@aleabitoreddit 1 click

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
@BrokenMoats

Broken Moats on X

Hottest trade in the past month.....retail stocks Seems odd with rates and oil and diesel moves over the same time frame. And these are not bounces from being oversold these are double digit moves in most cases to new highs while dpz struggled on their print this week, stocks like DKS collapsed around the time this trade started. Bifurcation in retail in recent weeks that seems to be favoring low quality. Something to watch for a reversal soon $KSS $FIGS $URBN $SHOP
@BrokenMoats 2 clicks

Broken Moats on X

Quickly back to very attractive levels to put back on short exposure on the software sector after the manic move in Q3 and digestion in September before the sudden crash up in the past 10 days..... AI wins software is in trouble - faster disruption more competition, pricing pressure AI trade is over, software is going to catch down as the market will tank and this won't sit that out (the are not cheap) Disruption and pricing is the tailwind, now valuation is too. Rates don't hurt either as up until recently these were considered long duration assets Recent results were status quo for most (no real acceleration) and pitch AI cohort growth as growing xx% but its not uplifting the total growth they are just changing what they charge for to show the street what it wants to hear) -- that phase is over, valuations are in many cases at year and multi year highs. SBC still a problem. Now comes renewals in the back of this year and thats where the issues will start to emerge on retention and pricing. An thats day 1 they will snowball overtime for the vast majority of these companies. Plenty of names to choose from: $PAYC $DOCU $TEAM $DDOG $PCTY $GDDY $RNG

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