Big Tech Off-Balance Sheet Concerns
Big Tech’s $3 trillion AI commitments are disclosed and largely long-dated, with nearly 60% of Amazon’s $650 billion commitments falling after 2030.
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8h ago STNE $2.3B StoneCo: Deep Value Hiding Behind Brazil's Rate Fears - For Now
IWA Research 9h ago SBLK $3.4B Star Bulk Carriers: You Don't Need The Record Quarter
Kevin Avroutskii From X
David Orr on X
Citadel’s semiconductor bet depends on whether SOXX’s drop is technical or reflects weakening AI-chip fundamentals, with forced selling and redemptions shaping the near-term exit.
David Orr on X
@FixedIncQuant @nickgiva1 $IBIT has a $46 billion AUM.
BDC on X
Apple trades at 35 times earnings despite Services deceleration and slowing China revenue, with harder comparisons ahead and near-doubled market capitalization raising ownership risk.
BDC on X
A few mins to go, but this has been by far Andy Jassy's best call ever as CEO. Well done sir. $AMZN
BDC on X
$AMZN op margin of 13.7% is its highest quarterly margin ever by a pretty wide margin. ROIC showing itself.
BDC on X
In July the bubble moved over into $AAPL where it was hanging out during the semis blood bath. $AAPL with a so/so print is constructive since that there the bubble has been parked.
BDC on X
$AMZN incremental AWS margins are 57% and operating cash flow grew +40% against a much harder comp. These types of numbers show that ROIC is there on the capex.
BDC on X
I know I was poking some fun at $META last night but I think its a buy here in all seriousness. Not advice. But lots of ways to win in the end. Not advice, do own DD etc. I could be wrong.
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TTMI 2026-08-25 TTM Technologies: Priced Like A Board Shop, Booked Like A Defense Prime
Jaden Mealy 
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