Meta CEO Revisits Coding to Grasp AI
$META: Interesting read how CEO has returned to coding to better understand AI. https://t.co/qavUkYoGyt via @businessinsider
AVGO Secures Longer AI Chip Deals with Meta, Google
$AVGO: another extension of the partnership on custom XPUs with $META follows last week's deal with $GOOGL. The incremental is the longer duration of both partnerships. Whatever $META $GOOGL spend on AI - both intend to spend alot...
Bank of America Beats Estimates, ROTCE Hits 16%
$BAC: strong results with beats in EPS/TR. NII +9%, NIM +8bps, IB +18%, WM +11%. Provisions for credit losses fell 9% and loans grew 9% -- consistent with H.8 data. ROTCE 16% - a nice 150...
Morgan Stanley Delivers Record Q1 Beats Across
$MS: Best in class 1Q with beats across the board. TR +16% y/y driven by Trading +26%, IB +35%, GWM +16%, NII +14%. Cap Mkts beat peers by 9%. ROTCE 27.1% - wow.
Exploring Emerging Electrification Opportunities From Personal Experience
This was a fun discussion on what I've been owning for the past few years but the important new electrification story opportunities https://t.co/r9i05c4jwy
Record‑high Loans Boost Outlook for Bank Earnings
Looking forward to strong bank eps this week. This will help: Federal Reserve H.8 report show both loans and deposits ended 1Q26 at record highs. In 1Q26 loans jumped 7.5% y/y - its fastest pace in 3 years....
Quantum Computing Sales Surge 68% MoM, 88% YoY
Quantum computing is the next big technology revolution solving hours/days/weeks problems into minutes. Quanta Computing - just posted March sales up 68% m/m and 88% y/y. Likely 2029 event but CTOs are starting spend now.
Major Averages Rise, Growth and Value Split Evenly
Nice day for the major averages today and interestingly was very evenly split between growth and value. $RLG +2.54% and $RLV +2.44%. Catch up in many sectors.
Anthropic Teams with Cyber Industry for Security Safety
Project Glasswing - big news that Anthropic partners with cyber/software industry on cyber security safety. https://t.co/rGKMOgcvTc
Private Credit Market Nears Size of High‑Yield Bonds
Learned alot from the annual shareholder letter from Jamie Dimon on tailwinds/headwinds to economy including perspective on Private Credit. PC Mkt is $1.8T, HY Bond Mket is $1.5T, Bank Syndicated Leverage Loan Mkt $1.7T. Total IG Bond Mkt...
Market Sentiment Swings Wildly; Consensus Overreacts Each Side
My homework this weekend - went from max optimism in Jan: tax refunds, tariff repeal, easy Lliberation Day comps & resilient consumer. To extreme pessimism in April: higher gas prices, war, global growth slowdown and higher inflation....
Markets Rise Amid Volatility; Seize Long-Term Opportunities
Despite the volatility this week: $SPX +3.4%, $DJIA +3% and $CCMP +4.5%. Solid econ data as well. Volatility is expected to continue until war ends but if you wait for certainty you will miss some great LT...
PWR Targets $10‑12B Free Cash Flow by 2030
$PWR analyst day: raising 2030 targets for revenue, EBITDA, EPS and ROIC. FCF is expected to go from $1.67B today to $10-$12B aggregate. #electrification #grid #infrastructure
VRT Expands Ohio Plant as AI Cooling Demand Surges 109%
$VRT announces expansion at Ohio facilities to boost US production of critical thermal management technologies for AI data centers. They wouldn't be doing this if demand wasn't off the charts. It is - backlog rose 109% y/y last...
S&P 500 Valuation Drops 17% as Earnings Surge 14%
Worth pointing out that the $SPX multiple has compressed 17% and now stands at 19x forward estimates. And at the same time earning are accelerating and are now expected to grow 14% y/y.
