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Saturday, November 7, 2026

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@leevalueroach 3 clicks

Lee Roach on X

Meta Platforms $META is literally, and I mean LITERALLY, named after its last mistake and now they are about to raise equity to fund more AI nonsense. They are spending so much Capex. Capex was more than cash from operations this quarter and will be more in the full year based on their guide. How did a capital lite tech company turn into a Capex pit? Kind of wild. There is no cash flow anymore. And they are raising equity that won't dilute Zuck's supervoting shares. Pretty terrible corporate governance if you ask me.

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Axon 3Q26 Business Update

Axon cut full-year guidance after delayed federal Dedrone contracts slowed 3Q revenue growth to 28%, while software and services grew 43%.

AXON $31B
Speedwell Memos 3 clicks

AMD Q3 FY26, Annotated

AMD's Q3 revenue rose 45% to $13.4 billion as data center reached $8.5 billion, 64% of sales, driven by EPYC and Instinct ramps.

AMD $660B
Chipstrat 2 clicks

ARM Q2 FY3/27 Earnings Review

Arm reported Q2 revenue of $1.443 billion, up 27%, as licensing rose 50% while royalties grew 8%; Q3 guidance calls for $1.54 billion.

ARM $181B
Cestrian Capital Research

AppLovin 3Q26: Business Update

AppLovin's 3Q26 revenue rose 55% year over year and margins reached 78.2%, driven by AXON model gains, while publisher bidding pressure…

APP $118B
Speedwell Memos 2 clicks

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