Lumen's AI Narrative Meets Its Hard Revenue Reality (Archive, Full Access)
Lumen’s AI ambition confronts declining revenue, leverage, and a demanding EBITDA-growth hurdle.
Communication Services
AST SpaceMobile Is Far Too Risky To Invest In (Archive)
AST SpaceMobile faces high cash burn, execution risks, and potential satellite launch delays.
SpaceX: Is The Starlink TAM Overstated? A Critical Valuation Review (Archive)
SpaceX faces significant valuation risks despite its growth potential and Starlink market share.
Alphabet Is Managing AI Capex Well And Seems Highly Underrated (Archive)
Alphabet’s aggressive AI capex and equity raise are mispriced, leaving shares clearly undervalued.
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.
Meta: A Deeper Look At Its Capex Burdens (Archive)
Meta’s rising self-funded power infrastructure and youth social-media bans create mounting, underappreciated headwinds.
Why I'm Betting Big On Meta This Year (Archive)
AI-fueled ad momentum, custom chips, and supportive technicals make Meta a high-conviction buy.