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Thursday, November 5, 2026

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@BrokenMoats 1 click

Broken Moats on X

Something unholy with price action in the market lately. $GM crushed on earnings, subsequently raises 25%+ in a week to a new high, because well rates. $CAVA went 54 to 65 to now 54 again in the past 5 sessions because well oil but then earnings ?? Pick anything, pick AAPL or AMZN post earnings to a few days later. These are not tiny stocks. seems there is almost no room for fundamentals or valuation. he only determinant is if its AI on or off and rates and is it moving? Who cares what they say on earnings.....Market structure seems to be broken by passive giving away all prices determination to pod shops and short dated options. This is beyond stretched but who knows when/where it ends in thees being the leading catalysts daily but doubt it ends well
@AsifSuria

Asif Suria on X

When we write about insider transactions for our weekly Insider Weekends articles, we are often focused just as much as the insider buying the stock as the company they are buying. Earlier this year, when writing about insider purchases at GeneDX $WGS, we wrote the following about Keith Meister of Corvex Management and his excellent track record with insider purchases. Last night we noticed that he picked up an additional $51.74 million worth of $MGM stock now that the acquisition saga with People $PPLI is over.
@aleabitoreddit

Serenity on X

Cyberoffense/defense is probably going to eat up a TON of compute and end up a continuous compute-intensive arms race. Even $AMZN CEO thinks cybersecurity would take up 20% of tokens consumed for the next year. It's literally a problem of how much you throw at compute for vulnerability discovery + model capability, from of my chats w/ Horizon3. And this is going to become a nation state issue, as seen with the implications already with PHP to vulnerabilities with banks/infrastructure from AI swarms. But people see this and throw money at $CRWD, $NET, and others, which I was saying was a bubble. If it's a compute issue, the economics go to the infra, from neoclouds to $NBIS to networking like $AAOI. We'll likely see swarms go wild from aggressor nation states in the next few years. And any country, whether that's Japan or EU that don't have their own capabilities might suffer severe damage. US spent $11T+ cumulatively (inflation adjusted) on Nuclear weapons and we're like ~$1.8T into the the "cyber-nuclear weapon" equivalent of that And this is not even including the endless other economic implications from AI in other fields from advancing cancer discovery to workforce automation with physical AI. It's hard to measure AI sustainability if $50K in compute spend from a foreign actor can take down $10B of your own infrastructure. AI has become a bipartisan national security issue, and even Democrats would not want China overtake the US in this field.

Investor Letters

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Problems at Twist Bioscience (TWST)

Twist Bioscience’s $200 rebound followed an Anthropic-linked short squeeze, yet its DNA and protein services face broad competition while…

TWST $8B
Hunterbrook 4 clicks

VSH Earnings Review

Vishay reported record Q3 revenue of $979 million, up 24%, and guided Q4 to about $990 million as rising backlog and margins contrast with…

VSH $3.6B
Cestrian Capital Research 3 clicks

Thursday Tailwinds #13: Nov 5, 2026

Florida marinas are 92% full as boat counts rise and permits constrain new supply, creating pricing power for existing operators such as…

SUI $14B
Trade Ideas Flow 6 clicks
CHWY · long

Chewy INC

Chewy (CHWY) is presented as a long opportunity after a prior 2022 short thesis played out.

CHWY $9.2B
Value Investors Club 5 clicks

New Ideas From The Road

Aurelion Research increased healthcare exposure and sees opportunities in banking and defense, alongside research on Alcoa, Nike, ONON and…

AA $10BNKE $60B
Aurelion Research 4 clicks

Site Centers (NYSE:SITC)

Site Centers' $3 per-share return-of-capital distribution and December delisting leave a discounted liquidation stub, with two properties…

CURB $3.6B
Real Assets, Real Value 4 clicks

Coupang: 3Q26 Business Recap

Coupang’s product-commerce growth rose 9% as data-leak effects fade, while management expects margins to return to pre-incident levels by…

CPNG $27B
Speedwell Memos 3 clicks

update on Gartner

Gartner’s growth has stalled after federal contract losses and cautious commercial spending, raising questions about its competitive…

IT $13B
scuttleblurb 1 click

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