Fundamental company research covering business quality, financial performance, valuation, competitive advantages, and material risks.
NVIDIA, AMD, and Broadcom offer three different paths into AI infrastructure. Compare their growth, margins, free cash flow, ROIC, valuation assumptions, and risks.
SK hynix became much easier for U.S. investors to access when its American Depositary Shares began trading on Nasdaq in July 2026. The Korean company is a major producer of DRAM, NAND flash, enterprise SSDs, and high-bandwidth memory. It does not design AI accelerators like NVIDIA or AMD. Instead, it manufactures the memory that feeds … Read more
Arm Holdings is one of the most important companies in computing, but it is also easy to misunderstand. Arm usually does not manufacture chips. It usually does not sell finished processors in the way NVIDIA or AMD does. Instead, it designs the instruction-set architecture, processor cores, and reusable system technology that other companies put inside … Read more
AMD’s latest results show a company changing scale: quarterly revenue reached $11.5 billion and Data Center revenue more than doubled year over year. The harder question is whether that growth will become durable free cash flow per diluted share—and whether the return on the capital and research required to produce it can justify the expectations … Read more
How do Microsoft, Alphabet, Amazon and Meta compare on AI-related capital spending? Start with the table below, which keeps each company’s reported period and spending definition visible. The figures cover company-wide infrastructure and do not isolate every AI dollar. Use the analysis that follows to connect investment with cash flow, margins and evidence of returns. … Read more
Eli Lilly and Novo Nordisk are the two defining companies in the modern incretin market. Both have powerful franchises in diabetes and obesity, both are spending heavily to expand supply, and both have late-stage candidates intended to extend their leadership. Yet their latest results describe very different operating trajectories. Lilly entered 2026 with accelerating tirzepatide … Read more
Deere combines an iconic machinery franchise with precision technology, connected equipment, aftermarket support, and customer financing. This analysis examines its latest results, recurring-revenue ambitions, competitive advantages, cycle risks, and valuation framework.
Intuit is combining QuickBooks, TurboTax, Credit Karma, Mailchimp, proprietary data, AI agents, and human experts into a financial platform. We examine fiscal 2026 results, competitive advantages, growth risks, and a valuation framework.
A fundamentals-first analysis of Exxon Mobil (XOM), covering upstream production, product solutions, low-carbon businesses, cash flow, capital allocation, commodity exposure, valuation, and principal risks.
A fundamentals-first analysis of Adobe (ADBE), including its subscription model, Creative Cloud and Acrobat moat, AI strategy, recurring revenue, cash flow, valuation, and risks.