New Ask Claude or ChatGPT about any stock, using Bullpen. Bullpen in Claude or ChatGPT. 7 days free
Bullpen.News From Edwin Dorsey
Get Daily Recap Feedback

Thursday, November 12, 2026

Back to the front page

Peloton: Beyond The Bike

Peloton’s connected-fitness subscribers fell 9% year over year to 2.475 million, with another high-single-digit holiday decline forecast as management pursues a turnaround.

PTON $2.6B
TSOH Investment Research 1 click

From X

@calvinblissett 1 click

Calvin Blissett on X

Honestly my English and prose is sometimes poor, leading to me missing things that are frankly really important. $ARKO was a good example see comments by NA. I read all the reports and calls on $TLK for weeks I started looking 10/20 during the initial crash. I dictated key points and audited it thoroughly for days, editing it how I saw fit and removing things I didn’t like. I can find messages with time stamps to prove this. Would love your thoughts on this in terms of using AI as someone who isn’t a Warren Buffett level writer to help with the English and prose/structuring style of things. All quotes and case studies are from me. I would say it’s a good writeup I wonder if you agree?
@StableBread 1 click

Fajasy on X

Two things I’m watching could change my read on the U.S. economy: → Fed’s December 8-9 meeting and core PCE: Another 0.25% hike with core PCE at 3.1%, or core PCE below 2.9% with the fed funds rate unchanged, pushes the real rate (the Fed’s policy rate minus core PCE inflation) above 1%, which Growth × Policy calls late cycle. That favors commodities, value stocks, emerging markets and banks over long-term Treasuries and growth stocks. Futures put the odds of a December hike at ~75%, and October’s core PCE comes out November 25. → Bank-held AI debt: In September, the Financial Times reported that ~$18B of bank loans for Project Jupiter, a data center $ORCL is leasing in New Mexico to serve OpenAI, were being quoted at 89-91 cents on the dollar, and the banks were stuck holding more of the debt than they had planned. At its October 28 Investor Day, $ORCL said its capex peaks in FY2027-2028 and steps down in FY2029 (years ending in May), when it expects at least $30B of free cash flow.

Investor Letters

All letters

DoorDash’s FBA Moment

DoorDash’s $17 billion Instacart deal targets DashMart warehouse scale, where 99%+ order accuracy and faster delivery address the limits of…

DASH $78BKR $41B
MBI Deep Dives 2 clicks

Cat-Scratch Fervo

Fervo Energy raised $2 billion in its May IPO, then fell nearly 70% below issue price after a Morpheus short report, despite targeting 1 GW…

FRVO $3.8B
Doomberg 4 clicks
OSW · short

One Spa World

OneSpaWorld (OSW) faces about 37% downside as its valuation requires unattainable growth in average revenue per customer after major-market…

OSW $3.1B
Value Investors Club

Sea Ltd Earnings Update: Q3 2026

Sea Ltd reported Q3 2026 revenue of $8.6 billion, up 43.4% year over year, while net income rose 34.0%.

SE $45B
SixSigmaCapital: Navigating the Financial Markets 6 clicks

Publications we follow

Every publication on this site, hand-picked.

130 publications

Newsletters 110

YouTube 4

Blogs 15

Seeking Alpha 82 of 286

Nominate a publication

X accounts we follow

Every account on this site, hand-picked.

91 accounts
Nominate an account

Investor letters we follow

375 firms

Sectors

Ordered by how often our editor reaches for them.