Nvidia teams with six asset giants to mobilize $500B of third-party capital for AI infrastructure — residual-value backstops, off-balance-sheet commitments, insurance capital taking the paper. A structural teardown of a swelling credit chain and its trigger paths
Multi-dimensional deep dive into Adobe covering technicals, earnings, AI competition, management changes, peer comparison, and valuation — includes left-side trading framework and Buffett Indicator discussion
Warsh confirmed 'QT + rate cuts' dual-track policy; US-Iran ceasefire effective June 19, Hormuz reopens. Oil, inflation, gold, US stocks, Korea — all variables turning simultaneously
From war motivations to USD credit collapse, from gold valuation to Korea's circuit breakers — a deep dialogue on the current macro trap
From Burry's HSTECH thesis to gold's crash, from US debt to the Iran war — dissecting the self-reinforcing loop of the current macro environment
US Treasury maturity wall, rising interest payments, real rate-gold correlation breakdown — traditional framework needs updating
Data Center Infrastructure Bottleneck Series Follow-up: A deep dive into four industrial infrastructure beneficiaries, reassessing potential and risk with latest earnings data
Meta Platforms valuation, earnings, AI monetization logic, and risk analysis
AI Data Center Infrastructure Bottleneck Series Part 5: Constellation Energy as the nuclear renaissance leader providing carbon-free baseload power for data centers
AI Data Center Infrastructure Bottleneck Series Part 3: Cummins as the largest data center backup generator supplier in the 'behind-the-meter' power trend
AI Data Center Infrastructure Bottleneck Series Part 8: Eaton as the only company covering the full data center power stack
AI Data Center Infrastructure Bottleneck Series Part 1: EMCOR as the electrical/mechanical construction leader in the data center construction wave
AI Data Center Infrastructure Bottleneck Series Part 9: Equinix as the world's largest data center REIT with an unassailable interconnection density moat
AI Data Center Infrastructure Bottleneck Series Part 4: GE Vernova as the absolute gas turbine monopoly in data center power supply
AI Data Center Infrastructure Bottleneck Series Part 2: Hubbell as an electrical equipment manufacturer in data center power distribution
AI Data Center Infrastructure Bottleneck Series Part 10: Itron as the smart grid metering and load management leader in data center power dispatch
AI Data Center Infrastructure Bottleneck Series Part 6: NextEra Energy through its $67B Dominion merger, targeting Virginia's data center cluster
AI Data Center Infrastructure Bottleneck Series Part 11: nVent Electric as the liquid cooling connection solutions leader in the data center liquid cooling trend
AI Data Center Infrastructure Bottleneck Series Part 7: Southern Company in Georgia's data center cluster expansion
Weekly monitoring update on NVIDIA circular financing risk
overvaluedRisk of NVIDIA's clients using NVIDIA-financed capital to buy NVIDIA GPUs
overvaluedSystematic comparison of current AI investment热潮 with historical bubbles
overvaluedPayPal fundamentals and valuation analysis
The Trade Desk programmatic advertising platform analysis
Fundamental scan of core healthcare sector holdings