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Saturday, November 7, 2026

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Tower Semiconductor Update, Part Two

Tower Semiconductor reported $526 million in quarterly revenue and extended photonics contracts through 2029, while its low-loss silicon photonics reduces costly external lasers in…

TSEM $15B
CV's Substack 1 click

From X

@ActAccordingly 6 clicks

PAA Research on X

If you're buying $META here after hours and you're not sure if you're exit liquidity, take a look at this from the share class filing: " Representatives of Moelis also noted that the Company had not yet provided its long-range plan for the Moelis and Special Committee Counsel teams to review, but that the Company’s management had orally conveyed to Special Committee Counsel and Moelis that management had previously presented three forecast cases to the Board during a regularly scheduled Board meeting in May, and that, in each case, these long-term forecasts showed the Company’s need to raise hundreds of billions of dollars over a period of several years beginning as early as fall 2026." https://t.co/Mvc3znfrtS
@BlueDuckCap 8 clicks

BDC on X

Muse is cool. But the most talked about consumer use case seems to be agentic commerce which I struggle to see as solving a real problem for people. Consumers don't mind shopping. Whether I tell Muse what I want to buy or whether I tell Amazon, I still have to think about it and decide. And I doubt most people will be OK with Muse proactively buying stuff for them. To be fair, researching travel and price comparing on big ticket things is definitely helpful, but not sure why Muse more uniquely qualified for that use case than any other LLM. Most important metric for $META over next 12-18 months will be Muse users.
@orrdavid 11 clicks

David Orr on X

The next 5 years could be an incredible stock picker's market. Long the companies that win from AI efficiencies but whos business is not threatened by AI. Companies who get to fire their lawyers and accountants etc but already have an impossible to beat scale advantage (because AI does not attack that scale advantage). Short the companies that lose from big AI threats. $RSP $SPY $IWM etc could go nowhere for 5 years while half the stocks trade down 70%, half trade up 70%.
@ParadisLabs 1 click

Paradis on X

Zuck on Muse monetization: "My guess I think that we are going to work on monetization somewhat sooner on this than our normal playbook for a couple of reasons." "One is just the size of the numbers that we're talking about in terms of both the costs and the opportunity. I think make it kind of important to make progress on that in order to be able to scale it. The other is just that such a large part of what people are doing is commerce." Ads ads ads x100 $META
@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

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