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Monday, November 9, 2026

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@convequity 3 clicks

Convequity on X

$META bulls say its ad cash flow lets it undercut the AI labs on price. The Muse Wonder launch shows Meta matching their prices instead. Meta released Muse Wonder and Muse Wonder Full on Monday and says they score level with Claude Fable 5.1 and GPT-6 Astra on its own tests. Three details from the launch. 1. Wonder costs $4 per million input tokens and $20 per million output tokens on Meta's API. TechCrunch puts that in the same price band as GPT-6 Sol and Opus 5.5. Meta is pricing with the labs, not under them. 2. The stronger model, Wonder Full, is not on the API at all. It is only available to Muse Code subscribers. A developer comparing API models is not buying the model Meta uses to claim the frontier. 3. Both models are distributed only through Meta's own API and Muse Code subscriptions, and the launch says nothing about releasing the weights. I read this as Meta adopting the labs' business model rather than attacking it. The frontier model is a subscription product, and the API is priced at the labs' level rather than below it. That weakens one part of the bull case. If Meta is not undercutting, the price pressure on the labs that bulls expected has not arrived with this launch. The question for the results on 21 October is what Muse subscriptions, Muse Code and the API are earning against the spend on the Prometheus data centre that trained these models, not whether Meta can take the labs' customers on price.
@aleabitoreddit 1 click

Serenity on X

$AGLT (Agility Robotics) has cleared SEC review for public listing through $CCXI If you want an estimate timeline: ~Oct 13 (today): SEC S-4 declared effective ~Nov 2nd (shareholder vote): for merger approval ~November: Merger closing and ticker goes live for trading. Company’s official statement was: “The business combination remains subject to approval by Churchill XI shareholders and other customary closing conditions, and is expected to close in November 2026.” So likely less than a month away for the first pure play US humanoid company to go live!
@leevalueroach 1 click

Lee Roach on X

GameStop $GME hits year to date highs as Wall Street hedge funds are left in the dust as they refuse to even look at the company given prior meme stock scarlet letter, despite the CEO buying $118 million worth over the past year. Every purchase a higher price than the one before it too. All indications that Pokemon market not slowing down and GameStop is sandbagging the back half of the year hard. I wrote up a thesis on the company a month or so ago back. It is about to hit my price target if this keeps up.

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Seed Corn

Chiron’s failed $49 million Beaumont sale and $178 million Pinnacle acquisition leave XRN with $70 million of liquidity and medical-office…

XRN $372M
Orphan REITs 3 clicks

STRL: 80 new electricians a week

Sterling’s $4.1 billion backlog faces Texas permitting risk after a governor proposed a moratorium, while Connexion, Capital Asset Planning…

STRL $7.6B
Trade Ideas Flow 2 clicks

Roblox: Capture This Moment

Roblox’s Q3 FY26 DAUs fell year over year for the first time, while bookings declined 12% to $1.7 billion.

RBLX $35B
TSOH Investment Research 2 clicks

DoorDash and Google

DoorDash and Google.

DASH $79B
Stratechery by Ben Thompson – On the business, strategy, and impact of technology. 8 clicks
FND · long

FLOOR & DECOR HLDGS

Floor & Decor operates 281 warehouse-format stores selling hard-surface flooring and accessories nationwide.

FND $5B
Value Investors Club 1 click

Diamond Estates: Research Note

Diamond Estates converts $4.7 million of Lassonde debentures at a 69% premium, cutting debt to $10.9 million and raising Lassonde ownership…

LSDAF $1.2B
Atrium Research - Equity Research 4 clicks

Vicor Update, Part Four

Vicor’s Federal Circuit hearing put Foxconn’s disputed patent license under pressure, reinforcing its AI server royalty model and licensing…

VICR $6.8B
CV's Substack 3 clicks

NEW POSITION: Google LEAPS

Alphabet bought long-dated GOOGL calls after a 12.6% earnings drop, betting AI monetization and distribution overcome capex pressure and…

GOOGL $3.5T
Hated Moats 1 click

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