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Tuesday, October 6, 2026

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New Position (ONON): Game is On

On Holding (ONON) is gaining sportswear share, expanding store space and launching soccer with Kylian Mbappé as investors debate U.S. consumer weakness and China growth.

ONON $11B
Aurelion Research 3 clicks

From X

@calvinblissett

Calvin Blissett on X

Yes, obviously some nuance depending on what site but I see what you mean, one listing 1,217 complaints. They did have a 100% resolution rate which was nice to see. Also the article in June 2026 about a women’s complaint. This is a risk to watch as it mostly stems from them selling low priced first month policies (0-1RMB) which then go to say 100RMB a month that people get blindsided by. This is also a regulatory risk as regulators have mentioned against this. $YB
@convequity 3 clicks

Convequity on X

Inference repeatedly reads the same model weights, with far fewer writes than training. 1. In training, weights are constantly updated, so the memory sees heavy read and write traffic. 2. In inference, the dominant pattern is repeated reading of the same weights, and the key-value cache alongside them, with far fewer writes. That is the case for putting AI model weights on flash. Flash has traditionally been weaker than DRAM on write endurance and write speed. A read-heavy, write-light workload plays to its strengths and gets around exactly those weaknesses. Today AI chips sit beside HBM built from stacked DRAM, and it is the expensive part of the memory bill. High-Bandwidth Flash (HBF) is the product built on the read-heavy observation. It aims to deliver HBM-like read bandwidth at far higher capacity and lower cost by using NAND flash instead of DRAM. Two caveats. These are aims, not measured specifications. As of our early-August note, the first prototype from Sandisk ($SNDK), developed with SK Hynix, was expected later in the year. HBF is also more specialised than commodity NAND, where Chinese producers are expanding capacity aggressively.

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Canterra Minerals: Research Note

Canterra Minerals increased Lundberg indicated tonnage 55% to 26.1Mt, with 226.2Kt of contained copper equivalent, supporting a Buchans…

EQX $13B
Atrium Research - Equity Research

Kenorland Minerals: Research Flash

Franco-Nevada bought 10.0 million Kenorland shares, a 12.4% stake, for C$22.2 million in a secondary transaction that issued no new shares.

FNV $46B
Atrium Research - Equity Research 1 click

Solid Power Still Has Promise

Solid Power reported a $0.11 Q2 loss and $419.3 million of cash, with its electrolyte pilot line and BMW and SK On validation central to…

SLDP $528M
Quad 7 Capital 2 clicks
ZOOZ · long

Zooz Strategy LTD

ZOOZ Strategy trades at a roughly 37% discount to the market value of its Bitcoin holdings and cash on a fully diluted basis.

ZOOZ $56M
Value Investors Club 2 clicks

British American Tobacco: Harvest

British American Tobacco’s U.S. reset revives combustibles and rebuilds its nicotine-pouch portfolio after legacy-brand writedowns and Velo…

BTI $120B
Invariant 5 clicks

Practical Parametric Yield

Cerebras’s WSE-3 faces parametric-yield constraints that could restrict supply, making power and clock-speed tradeoffs central to its next…

CBRS $39B
Irrational Analysis 3 clicks

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