Where the Money Went — Week Ending Nov 13, 2026
Chips, AI data center builders, energy, space and local TV broadcasters led a reversal week, while last week's gold, solar and housing winners fell back on a hot inflation report.
HROW Deep Dive
Q3 2026 (11/9 after close): record revenue $99.3M (+39% YoY), GAAP EPS $0.25; FY26 adj. EBITDA guidance cut to >$40M from $80-100M, revenue guide $350-365M reaffirmed
NBIS Deep Dive
Q3 2026 (11/12 before the open): revenue beat ($980.8M vs $907.5M) and 2027 revenue guide $12-13B above consensus, but 2026 revenue moved to the low end of $3.0-3.4B, ARR dropped as a metric, 2026 capex raised to ~$27B and 2027 capex set at $40-45B
NBIS Deep Dive
Sympathy rally on CoreWeave Q3 beat-and-raise (11/10 AMC) a day before its own Q3; NBIS Q3 on 11/12 then beat revenue ($980.8M vs ~$907.5M) and guided 2027 sales $12-13B
CRWV Deep Dive
Q3 2026 beat (revenue $3.66B, +168% YoY vs $3.55B est.) + raised FY26 revenue and adj. operating income guide, backlog $132.5B, 2027 funding plan built on ~$9B customer prepayments; up ~11-16% premarket 11/11 after a -52% slide on credit fears
SATL Deep Dive
Q3 2026 (11/10 after close): record revenue $16.0M, +342% YoY vs ~$12.4M consensus, 2nd straight positive adj. EBITDA, plus largest-ever ~$37M sovereign deal for 3 in-orbit satellites; the 11/6-11/9 +37% pre-earnings run was a space-sector rebound with no company news
RXRX Deep Dive
No company news behind the Nov 5 / Nov 9 / Nov 10 swings: AI-drug-discovery basket and market moves after a positive-but-distant Q3 (Nov 2) and a $200M offering at $3.25 (Oct 16)
Where the Money Went — Week Ending Nov 6, 2026
Gold miners, solar, airlines and ad-tech earnings winners led as Democrats swept Congress, Brent fell about 13% and chip stocks had their worst day since March 2020, breaking the energy trade and deepening the AI hardware slide.
WULF Deep Dive
Q3 revenue $76.2M vs ~$62.5M est, HPC leases 83% of revenue; Google credit support for $19B Anthropic lease (11/4); Texas JV sold
SEZL Deep Dive
Q3 2026 (11/4 after close): revenue +42.6% to $166.5M vs $155.7M consensus, adj EPS $1.37 vs $0.70; FY26 revenue growth raised to ~42.5% from 35%, FY27 adj EPS $7.20 vs ~$6.53-6.65 expected
DDOG Deep Dive
Q3 beat (revenue $1.197B +35%, adj. EPS $0.81) and full-year raise, but Q4 revenue guide $1.19-1.20B is flat on Q3 and adj. operating income guide $280-290M is below Q3's $334M
Neocloud Bounce: Which of 18 AI-Hosting Stocks Have the Cleanest Options
The group jumped 5-17% on Nov 3. We scored every January 2027 call chain, mapped the earnings calendar, and checked whether the bounce is more than a relief rally.
BRUN Deep Dive
No BRUN news on Nov 3 (+10.9%, neocloud group bounce). Since Oct 6: Oct 26 PR (first phase delivered, $600M+ project financing), resale S-1 updated (POS AM effective Oct 19), Oct 5 8-K $76M exec RSUs
The AI 5-Layer Cake: Which Stocks Get the Most Revenue From AI Data Centers
Energy, chips, infrastructure, models, applications: 30 companies ranked by the share of revenue they actually report from data centers and AI
TEM Deep Dive
Q3 2026: revenue $411.5M (+23%, in line), adj EBITDA $25.6M vs $1.5M, data +33%, >$550M data bookings YTD, FY rev guide nudged up; stock +13% intraday
NXT Deep Dive
Q2 FY27 beat and raised FY27 guide (10/28), stock -2.7% next day; -49% since 5/29 with the solar group (TAN -46%)
GDYN Deep Dive
Q3 (AMC 10/29) beat: rev $114.3M +9.7% (above $112-114M guide), non-GAAP EBITDA margin 20.0% vs 12.2%; Q4 guide rev $113.5-115.5M / EBITDA $20-22M above consensus; AI = 31% of revenue
PRCH Deep Dive
Q3 (AMC 10/28): rev $143.9M +13% (Porch-owned +22%), Insurance Services +39%, adj EBITDA $44.5M +116%; FY26 adj EBITDA guide raised to $135-140M from $119-125M
VRT Deep Dive
Q3 (BMO 10/28): sales $4.31B +61%, organic orders >100% YoY, adj EPS $2.21 vs $1.82 est; FY26 guide raised: sales $14.45-14.85B (+$650M), adj EPS $7.10-7.20 vs $6.73 consensus
GEN Deep Dive
FQ2 FY27 (AMC 10/28): rev $1.369B +12%, bookings +10%, FY27 guide raised (rev $5.465-5.515B, EPS $2.93-2.98); CFO: outlook does not depend on an acquisition, not pursuing a transformative deal (after Sept GoDaddy-bid report)
PENG Deep Dive
Re-check of the FQ4 beat/raise (AMC 10/6): the whole earnings gap reversed in the AI-hardware / memory selloff (-35.5% from the 10/13 high); no company news found since 10/7
CLS Deep Dive
Q3 (AMC 10/26): rev ~$5.83B +83%, adj EPS $3.30 +109%, both above guide high end; 2026 outlook raised to $21.0B rev (from $20.5B), adj EPS ~$11.55 (from $11.30); investor day 10/27
FLEX Deep Dive
FQ2 FY27 (BMO 10/28): rev $8.49B +25%, record adj EPS $1.18 vs $1.06 est; FY27 adj EPS guide raised to $4.84-5.16 from $4.42-4.74; Cloud & Power Infrastructure (Axiom spin) guided +75-85%
UCTT Deep Dive
Q3 (AMC 10/27): record rev $759M +49% YoY (above $700-750M guide), non-GAAP EPS $1.15 vs $0.94 est; Q4 guide rev $800-860M, non-GAAP EPS $1.11-1.35; gap fully sold by 10/30
VICR Deep Dive
Q3 (BMO 10/20): rev $197.1M +78.5% YoY / +37.5% QoQ, GM 68.3%, backlog $406M (+166% YoY), $100M bookings in first 2 weeks of Q4 incl. large 2nd-gen VPD order from lead customer
CDNS Deep Dive
Q3 (AMC 10/26): rev $1.633B +22%, non-GAAP EPS $2.11 vs $2.05 est; record backlog $8.2B; 2026 guide raised 3rd time to $6.387-6.417B rev (~21%), EPS $8.37-8.43; new $2.5B buyback
ABT Deep Dive
Q3 2026 comparable sales +7.0% (best of 2026, EP +15.5%), adj EPS $1.42 +9.2%; tax-free spin of $8.5B Nutrition by end-2027; FY comparable sales guide cut to ~6% but stock +5.7% vs SPY -2.2% since 10/21
NOW Deep Dive
Q3 2026 in line (sub rev $3.99B +20.5% cc, adj EPS $1.00 vs $1.02) but Q4 cRPO guided to +18.5% from +21% (half of Q3 beat = renewals pulled from Q4), sub gross margin 80% vs 83%, GAAP net income -45%; worst day on record -27%
BE Deep Dive
Q3 2026 beat and raise (rev $1.24B +138%, adj EPS $0.94 vs $0.69, FY guide $4.4-4.6B) but operating cash flow turned negative (FCF -$181M) on $618M YTD contract-asset build, 69% customer concentration, no backlog update
Where the Money Went — Week Ending Oct 30, 2026
Restaurants, AI power equipment and oil drillers led the week and healthcare diagnostics stayed the most durable trend, while software cooled and Intel's guidance set off a Friday chip rout.
ALNY Deep Dive
Q3 2026: revenue beat ($1.458B) but 2026 TTR guided to the low end of $4.2-4.5B (implied flat/down Q4), new 340B/UnitedHealth MA/net-price headwinds; 2nd disappointment after the July cut
INSM Deep Dive
Q3 2026 beat: revenue $524.4M vs $500.4M est, BRINSUPRI $400.1M (+29% q/q), 2026 BRINSUPRI guidance raised to $1.35-1.40B; EPS -$0.46 missed
CRM Deep Dive
Q2 FY27 (8/26 AMC): non-GAAP EPS $5.90 vs $3.27 incl. $2.6B Anthropic mark-up; revenue +10.8% (~6.4% ex-Informatica); GAAP op income flat Y/Y; Claudeforce launch; stock +22.6% on 8/27
GOOGL Deep Dive
Q3 2026 (Oct 28 after close): revenue +24.7% to $127.6B (slight miss), Cloud +103%, operating income +30%, but capex $51.4B pushed free cash flow to -$9.1B, buybacks $0 (vs $11.5B), Search and YouTube below estimates; about -8.6% after hours
TER Deep Dive
Q3 beat (rev $1,306M vs ~$1.26B est, non-GAAP EPS $2.29 vs ~$2.08) but Q4 guide $1.25-1.35B is flat sequentially (~+20% YoY at midpoint vs +70% in Q3); shares -6.7% on the open while chip peers trade up
HOOD Deep Dive
Q3 2026 (reported 10/27 after close): record revenue $1.42B (+12%, about in line), GAAP EPS $0.51 missed ~$0.55 (incl. $0.07 Ventures Fund mark), crypto revenue -55%, net interest -9%; CFO flagged tighter Q4 spreads and October volumes ~5% below the Q3 peak
CIFR Deep Dive
$850M 0% convertible notes due 2032 (conversion ~$15.31) plus a 40.7M-share exchange of 2030 notes, announced 10/13 and priced 10/14, inside an AI-infrastructure and bitcoin-miner selloff
XTND Deep Dive
Preliminary 9M 2026 revenue $24.5-26.5M, AI Robotics backlog ~$84M at 9/30, ex-Navy SEAL Matt McGraw named U.S. CEO (8-K 10/26); stock +72% intraday off all-time low
XP Deep Dive
Lula won Brazil's 10/25 runoff 51.8%-48.2% over Flavio Bolsonaro, unwinding the first-round election rally; Brazil ADRs gap down (EWZ -25% premarket), XP -45% to -50% premarket
Where the Money Went — Week Ending Oct 23, 2026
Software and cybersecurity snapped back, staffing and IT services rallied on earnings, biotech and offshore drillers bounced, while chips, gold and uranium kept sliding.
TER Deep Dive
No Teradyne news; chip-equipment selloff after Lam Research (10/21 AMC) capped its Dec-quarter guide on component shortages and lower China; TER reports 10/27 AMC
FPS Deep Dive
CFO Ryan Fiedler steps down effective immediately (8-K 10/22); EVP Finance Amy Ard named CFO; no guidance update
INOD Deep Dive
Software-sector rally (IGV +1.8%); no company news; Q3 results Nov 5 AMC
HGRAF Deep Dive
Corporate progress update: 30+ sample customers, first orders expected 'in coming months', unnamed defense talks, Oct 29 US redomicile vote, new equity grants at $2.78
HOST Deep Dive
Board authorizes discretionary $15M share buyback (Oct 20 PR) after an ~87% post-merger collapse
How Druckenmiller Built Natera: A 13F Case Study
From a 1% starter after a short-seller crash to his largest holding: every Duquesne quarter since 2022, lined up against Natera's margin turn
CLF Deep Dive
Q3 2026 beat: adj. EPS $0.28 vs ~$0.22 est., adj. EBITDA $612M (strongest in 3 yrs, above $575M guide), back to GAAP profit $165M; Q4 EBITDA guided ~$715M, 2027 EBITDA seen above $4B
Where the Money Went — Week Ending Oct 16, 2026
AI hardware broke hard and money moved into restaurants and apparel, oil producers, IT services, credit bureaus and insurance brokers, while refiners stayed the most durable trend.
XLAB Deep Dive
8-K (10/15): $8.2M sale of 12 NVIDIA HGX B300 GPU servers + 36 months of IT operations to Sunon Inc. (Sunonwealth, TWSE 2421)
Options Expiration Day: 7 Myths Tested on 28 Years of S&P 500 Data
Is opex really more volatile? Monthly opex is about 10% quieter than a normal Friday, the Monday "vol unclamp" is a myth, and triple witching leans red, but less than SPY charts suggest.
CYPH Deep Dive
No company news; stock tracks Zcash (ZEC): 6x run Aug-Sep with ZEC, then -36% from the 9/25 high as ZEC fell ~27% from its late-Sep peak
HOOD Deep Dive
Wolfe Research downgrade to Peer Perform (valuation) + Wells Fargo PT cut to $120 on 10/14, inside a fintech/AI risk-off selloff; Q3 earnings 10/27
The AI Debt Stack: Who Lent the Money, and Where It Is Cracking
Seven layers of AI financing, from hyperscaler profits to OpenAI and SoftBank: sizes, lenders and the credit signals that broke on Oct 15, 2026
DOCN Deep Dive
No company news; fell in sympathy with CoreWeave's financing scare (bond yields ~15%, $3B convert + ATM) and hot Sept CPI (3.7% vs 3.6%)
INTC Deep Dive
Down 20.6% from the 9/24 high: TSMC-in-Terafab talks (confirmed by Musk 10/3) plus semis profit-taking; Intel says it stays in Terafab
FNMA Deep Dive
Michael Burry weekend Substack: sold FNMA/FMCC common, bought junior preferreds; warns $388B Treasury senior-pref conversion could dilute common >=90%. Stock -14% to new 52-wk low
RDDT Deep Dive
Initiatives review: AI search (Reddit Answers 15M weekly), Google/OpenAI AI-data licensing renewals unresolved, logged-out personalization merge Q3; Q2 rev +61% but stock -12.5% on US DAU dip
Where the Money Went — Week Ending Oct 9, 2026
Software and cybersecurity take the baton from chips, nuclear power IPPs rip on the Google–Constellation deal, vaccines wake up, and Brazil stays hot into the Oct 25 runoff.
RDW Deep Dive
No gap; -5.2% today in AI/hardware rotation, breaking below Oct 7 low 9.90; recent news positive (Axiom ROSA contract 10/5, NITE-STAR IDIQ 9/24, Honda robotics 10/1) but stock falls on good news; $500M ATM + AE Industrial selling overhang
LAES Deep Dive
Theme dive (Post-Quantum Cryptography), no gap: -5.3% today with semis -3.5%; news = $10M related-party PIPE into WISeSat (SAIQ) 10/1, IQT keynote 10/27, VP 10b5-1 sale
TEM Deep Dive
No company news: -18% in 3 sessions (83.55 Oct 5 close -> 68.13) inside an AI-bio/spec-biotech theme flush; XBI below its 100MA
AEHR Deep Dive
Pre-earnings dive: -11.7% Oct 6 on no found news (SMH -0.2%); FQ1 FY27 report moved to Nov 2 AMC due to fiscal-year change May->June
BLZE Deep Dive
No fresh catalyst; last 10%+ move = Aug 19 gap-down on $175M 0% convert (conv $21.94) after Aug 4 Q2 beat/raise (+27%); since then -31% bleed into a 4-week 12.15-14.64 base
PENG Deep Dive
FQ4 (AMC 10/6) beat: rev $567M +68% vs ~$516M est, adj EPS $1.00 vs $0.78; FY27 guide rev $2.25-2.60B vs $2.20B, EPS $3.75-5.15 vs $3.25; Integrated Memory +158% on AI inference demand
RKLB Deep Dive
No company news: space/high-beta selloff (-5% to -7% group-wide); backdrop Q2 rev +62%, backlog $2.36B, Iridium deal financed (bridge cancelled, $1.94B ATM) and approved 9/24
Where the Money Went — Week Ending Oct 6, 2026
AI optical networking and power/analog semis lead the week, refiners and AI storage/genomics stay the durable monthly themes, and Brazil's election plus the Schneider–PTC deal drive one-off spikes.
BRUN Deep Dive
Oct 6 8-K/PR: 5-year $525.6M AI cloud compute agreement (NVIDIA GB300 NVL72) with an unnamed sovereign AI company; acceptance from early Q2 2027; TCV now >$2.6B
DNA Deep Dive
Ginkgo Datapoints x Lilly TuneLab data-generation agreement (Sep 15-16); +112% in 13 sessions, 10/5 +21% on 10x call volume
GENB Deep Dive
AI-bio theme rotation; RXRX +16% 10/5 as story names start to join; GENB lagging (no company news)
AI Drug Discovery: Every Step, Every Timeline, and Who Leads (October 2026)
How AI compresses discovery but not trials, US vs China/EU/Japan/Australia timelines, the AI-designed drugs in the clinic, and 24 tickers ranked
WDEF Deep Dive
No single-day catalyst: a 7-week sector-wide grind lower in European defence (-16.3% from the Aug 14 close) driven by Ukraine-peace headlines (Rubio inviting Putin to the G20, Sept 24), a "show me the orders" de-rating, French fiscal stress (OAT-Bund spread at its widest since 2012) and a European gas-price shock
EWZ Deep Dive
Brazil 1st-round election upset 10/4: Flavio Bolsonaro 47.0% vs Lula 45.2% (polls had Lula ahead) -> runoff Oct 25; Ibovespa +8.7%, BRL through 5.00-5.16, EWZ best day since Mar 2020
How to Value a Biotech Stock: A Step-by-Step Beginner's Guide
Cash, runway, enterprise value, trial odds and napkin pipeline math: valuing companies with no profits
How to Value a Tech Stock: A Step-by-Step Beginner's Guide
Market cap vs EV, P/E vs P/S, gross margin, Rule of 40, and the 'what's priced in' trick, explained from zero
OUST Deep Dive
+8.6% Fri 10/2 to $44.39 (+35.4% since 9/15 close $32.79) on a string of small Rev8 OS1 Max drone-lidar partnership PRs (Seneca 10/1, Flyability 9/9); no material news on 10/2 itself or since
Earnings Gap-Up Review: July 9 – September 25, 2026 (85 Names, 20%+ Gaps)
A beaten-down biotech's comeback from an FDA panel rejection anchors this follow-through study across the heart of summer earnings season.
Earnings Movers — August 17, 2026
1 stocks moved 20%+ on earnings today (0 up, 1 down). Which reactions were justified?
Earnings Movers — August 14, 2026
13 stocks moved 20%+ on earnings today (4 up, 9 down). Which reactions were justified?
Earnings Movers — August 13, 2026
13 stocks moved 20%+ on earnings today (6 up, 7 down). Which reactions were justified?
Earnings Movers — August 12, 2026
6 stocks moved 20%+ on earnings today (3 up, 3 down). Which reactions were justified?
Earnings Movers — August 11, 2026
3 stocks moved 20%+ on earnings today (1 up, 2 down). Which reactions were justified?
Earnings Movers — August 10, 2026
5 stocks moved 20%+ on earnings today (0 up, 5 down). Which reactions were justified?
Earnings Movers — August 7, 2026
17 stocks moved 20%+ on earnings today (9 up, 8 down). Which reactions were justified?
August Second Half: The Bear Market Myth vs. 16 Years of /ES Data
Everyone fears the back half of August. The base rate says 68% of the time, you're leaving money on the table by hiding.
September: The One Month That's Actually Bearish — But Not for the Reason You Think
September has a 50% win rate in /ES futures but a -0.78% average return. The edge is in asymmetry, not direction.
Theme Leaders: A PEG/TAM Valuation Pass — Cheap, Fair, or Rich?
Companion to the correction split: PEG/TAM-Adj scoring on 61 theme leaders across 13 themes. 11 Very Cheap, 5 Cheap, 10 Fair, 8 Fair-Rich, 3 Rich, 15 Very Rich, 9 Option-like. Data Storage added Aug 11; Fintech/Payments added Aug 21 after a value-screen conversation found XLF's all-time high was a narrow fintech/payments story, not a broad re-rating.
Semis, Quantum, Rare Earth, Nuclear, Space, Robotics: Broken Thesis or Just Oversold?
95 names down 25-88% off 52-week highs while the index sits near all-time highs. Researched, name-by-name split: 44 intact/accelerating, 40 mixed/early-stage, 11 genuinely broken. Now includes Defense Drones, Optical Interconnect, Power/AI Data Center Demand, Security Software, and Cloud Software.
Market-Wide Gap Report: April–July 2026, Every 15%+ Move Outside Healthcare
349 names across 8 sectors (Technology, Industrials, Financial Services, Consumer Cyclical, Communication Services, Energy, Basic Materials, Consumer Defensive, Real Estate, Utilities) gapped 15%+ in 14 weeks — 217 up, 132 down. Full sector/industry breakdown with earnings-date flags.
Technology Sector Gap Report: April–July 2026, Every 15%+ Move by Industry
102 Technology names gapped 15%+ in 14 weeks — 65 up, 37 down. Full industry breakdown with market cap, valuation, and the confirmed catalyst behind every large-cap move.
Earnings Gap-Up Review: April 9 – July 8, 2026 (58 Names, 20%+ Gaps)
Follow-through ratio analysis — which post-earnings pops kept running, and which round-tripped. Anchored on the BAND trade.
July 4th Week: 81% Win Rate in /ES Futures (2010–2025)
How the holiday calendar creates one of the most consistent seasonal edges in S&P 500 futures