TSMC: Early Signs Of Formidable Foundry Competition (Archive)
Exceptional AI-driven growth, but rising competition and 2nm expansion pressure margins.
Vish (Hunting Alphas)
Meta: I'm Nervous About The Fundamentals But Reasonable Valuations Make It A Hold (Archive)
Meta’s ads are slipping versus peers and rising AI capex clouds free-cash-flow visibility.
Palantir: A Golden Opportunity To Accumulate More Shares (Archive)
Strong US demand, AIP-driven growth, and raised guidance amid consolidation.
Celestica: Hyperscaler Capex May Cool, But Revenue Momentum Still Looks Explosive (Archive)
Celestica rides explosive AI-driven hyperscaler demand, but massive capex compresses near-term free cash flow.
Microsoft: Reasons To Be Concerned About Capex ROI (Archive, Full Access)
Microsoft’s surging AI capex erodes margins without delivering clearly superior growth or returns.
1 May'26 Portfolio
Bullish on global industrials
Portfolio Performance - Apr'26
Apr'26: ~7.7% annualized alpha, Sortino 2.0, IR 0.73, low drawdowns. Live, real-money portfolio.