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Tuesday, November 10, 2026

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Convequity on X

I'm surprised $AMZN leadership ever judged performance on token usage. It's a primitive metric. Tokens tell you what the AI cost. They say nothing about what it delivered. The measure that matters is ROI: outcomes against tokens, set for each function. Developers: DORA metrics against tokens. Deployment frequency, lead time, change failure rate and recovery time. Sales and marketing: pipeline and closed deals against tokens. Project teams: revenue earned or costs cut against tokens. IT: network and system performance against tokens. Uptime, latency and incidents. Faros, LinearB, DX and Jellyfish already set token spend against engineering output. I haven't seen anyone do it across the whole business in a way a CFO would trust. Whoever builds that can sell to every company with a rising AI bill.
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Convequity on X

Strange short report on Cerebras $CBRS. Wafer-scale power and thermal constraints are longstanding engineering challenges. They can force compromises on clock speed versus a smaller die. That doesn't mean unacceptable overall performance. CS-4 is getting more out of WSE-3T, with the same core count and SRAM capacity as WSE-3, through higher clocks and improved I/O. Cerebras attributes the higher clocks to better power delivery. My read is that earlier systems left performance on the table to stay within power and thermal limits. Directionally, Cerebras looks to be working through those constraints better than I expected. Higher clocks alone don't answer the lifespan allegation. I’d still want to know how representative those failures are of current systems. I also give weight to Oracle, OpenAI and AWS choosing to work with Cerebras.

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The AutoNation Story

AutoNation shed rentals and megastores, focused on dealerships, and retired 91.1% of its shares through buybacks after its 1990s roll-up…

AN $6.1B
Cannibal Stocks 1 click

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SpaceX’s $24 billion Starbase power plant, Microsoft’s Oracle capacity cuts, Riot’s $72 billion AI lease and Quanta’s sell-off frame…

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Monte Independent Investment Research 1 click

Insider activity October 2026

Asian insider buying reached $2.9 billion in October, the highest since 2018, with South Korea and Thailand leading.

BKRKY $23B
Asian Century Stocks 1 click

STRL: 80 new electricians a week

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STRL $7.6B
Trade Ideas Flow 1 click

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 1 click

DoorDash and Google

DoorDash and Google.

DASH $79B
Stratechery by Ben Thompson – On the business, strategy, and impact of technology. 6 clicks

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