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Michael Burry Isn’t Buying The AI Story.
The Flip Side…
✱ Record earnings.
✱ Then Michael Burry disclosed a short position.
✱ Two days later, the stock fell 15%.
Earlier this week, we covered Micron’s record quarter:
→ $41.46 billion in revenue,
→ 346% year-over-year growth, and
→ a forward P/E of just 7.4x.
It was one of the strongest earnings reports we’ve seen from a major semiconductor company this year.
Around the same time, Michael Burry disclosed that he had taken the opposite side of the trade, calling Micron a company that “defines cyclical like no other.”
The market quickly reacted.
Micron fell roughly 15% over the next two trading sessions.
Here’s what happened—and why the debate over Micron is only getting started. ⇩
SPONSOR BREAK presented by MarketWise*
Get rid of overpriced AI stocks before a scheduled announcement on July 31st threatens to reshuffle the stock market’s winners and losers. Smaller, lesser-known names are now showing the overwhelming potential to dethrone AI’s Magnificent 7. On July 31st , this little-known stock in particular could soar while Tesla faceplants.
Get the name and ticker of this stock on your radar now…
What Burry Actually Shorted…
✱ Burry’s biggest bearish bets all struggled after his positions became public—but not necessarily because of him. Most were already under pressure as investors questioned whether AI spending and semiconductor valuations had become too optimistic.
→ Applied Materials: -17%▼ — The largest decline among Burry’s disclosed shorts, reflecting broad weakness in chip equipment stocks.
→ SK Hynix: -15%▼ — The AI memory leader sold off sharply in Seoul, extending the semiconductor weakness beyond U.S. markets.
→ Micron: -15%▼ — The stock at the center of Burry’s thesis, reinforcing his long-held view that memory remains one of the market’s most cyclical businesses.
→ SOXX ETF: -12%▼ — The selloff wasn’t isolated. The broader semiconductor ETF, which includes Nvidia, Micron, Broadcom, AMD, and other major chip companies, also declined.
→ Samsung Electronics: -9%▼ — Another major memory producer that joined the broader sector pullback.
→ Tesla: -6%▼— One of Burry’s other high-profile shorts also moved lower, though for reasons largely unrelated to semiconductors.
“I do not believe there is a Burry effect.”
— Michael Burry, in an email to Business Insider
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
Was It Actually His Doing?
→ The honest answer: Partly.
Semiconductor stocks were already losing momentum before Burry’s short positions became widely discussed. Investors had begun questioning how long the AI spending boom could continue, and money was already flowing out of the sector.
That selling wasn’t limited to the U.S.
Memory giants Samsung and SK Hynix fell sharply in Seoul as concerns spread across global chip markets.
✱ Burry’s disclosures landed in a market that was already leaning bearish.
As Wealth Club chief investment strategist Susannah Streeter put it, the effect is almost the opposite of the “Buffett effect.” Warren Buffett’s investments often attract new buyers. Burry’s bearish calls tend to reinforce doubts that investors already have, accelerating an existing trend rather than creating one.
!!! When sentiment is already shifting, one respected investor can make that shift happen a little faster.
SPONSOR BREAK presented by Paradigm*
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Executive Order #14153 outlines what Jim Rickards believes are Trump’s intentions to unleash the largest mineral reserve in the country.
According to Jim’s research, he estimates it contains up to $2.7 trillion in gold, silver, copper, and other precious elements
This single company – trading for just $2 per share – holds 100% of the rights to this asset.
But you need to act before November 3 to take advantage before the President makes his next move…
That’s when a landmark policy decision could reprice this $2 stock, overnight.
This opportunity is so explosive, it’s possible shares could skyrocket 50-times or more by the end of Trump’s term.
But – time’s running out.
Go here to get the full details before this stock soars.
The Bull & The Bear.↓
Both of these can be true at once.
Micron’s latest quarter was undeniably strong. Revenue reached a record $41.46 billion, up from $9.30 billion a year earlier, and investors initially rewarded the results with a 15% rally. CEO Sanjay Mehrotra pointed to the growing strategic importance of memory in the AI era, and the numbers backed him up.
Burry isn’t disputing any of that.
His thesis is that memory has been one of the market’s most cyclical businesses for decades, and exceptional quarters don’t eliminate that history. Today’s AI boom may be real—but so is the possibility that demand eventually normalizes.
In other words, the debate is about what today’s record results are worth once the cycle turns.
SPONSOR BREAK presented by BrownstoneResearch*
Nvidia poured over $7B into this
Take a look at this…
It’s a radical “light-speed” device that’s turning AI as we know it into “Accelerated AI”, making it 100 times faster and 100 times more energy efficient.
In fact, Jensen Huang, Nvidia’s founder and CEO, says this device is shattering the limitations of AI and without it, AI can’t scale.
If you want to discover what this technology is, why Nvidia is betting billions on it…
And the one stock we believe could be the biggest winner when “Accelerated AI” goes mainstream…
What Burry’s Palantir Trade Shows?
The pattern worth knowing: ↓
When Michael Burry’s Palantir short became public last week, many investors treated it like a new trade.
It wasn’t.
The filing revealed a position that had been opened months earlier, and by the time investors saw it, Burry had already bought back half of the borrowed shares, locking in part of the profit before the market even knew the trade existed.
That’s an important distinction.
Public filings reveal what investors own—not when they bought, sold, or trimmed a position.
It’s also consistent with how Burry has invested for years. He often enters trades long before the consensus changes, then waits patiently while the thesis develops. His famous bet against the housing market took years to play out.
And that’s the part no filing can show.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
What Burry’s Doing Today?
On Friday, Burry publicly backed Hong Kong stocks, arguing that “the shine comes off Korea, Japan & the Soxx”—the very markets that have been this year’s biggest winners.
He has already added to his stake in Chinese e-commerce giant JD.
Morgan Stanley has reached a similar conclusion, pointing to improving earnings expectations in Hong Kong.
The common thread: Burry is once again looking away from what’s leading and toward what’s being overlooked.
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Following SpaceX? Ready For Tonight?
The Biggest Test Yet…
SpaceX briefly fell to $132.75 on Wednesday, marking the first time shares traded below their IPO price. The stock recovered to close at $135.27, but sentiment has clearly cooled after four straight losing sessions.
Meanwhile, short sellers are sitting on roughly $3.8 billion in unrealized gains.
Now comes the next catalyst.
Tonight, SpaceX launches Starship Flight 13—the company’s first Starship mission since going public. Whether the launch succeeds or stumbles, it is likely to shape investor sentiment far more than another ordinary trading day.
Here’s what investors should know before liftoff. ⇩
SPONSOR BREAK presented by MarketWise*
Get rid of overpriced AI stocks before a scheduled announcement on July 31st threatens to reshuffle the stock market’s winners and losers. Smaller, lesser-known names are now showing the overwhelming potential to dethrone AI’s Magnificent 7. On July 31st , this little-known stock in particular could soar while Tesla faceplants.
Get the name and ticker of this stock on your radar now…
The Four-Day Skid…
✱ A Reuters review of 50 major US IPOs since 2010 found something worth sitting with tonight: companies whose shares traded below their IPO price within the first two months of trading generally went on to deliver weaker long-term performance than companies that stayed above their offering price.
→ SpaceX briefly crossed that line Wednesday, a little over a month after its debut. One data point isn’t a verdict — but it’s the kind of historical pattern that makes tonight’s launch matter more than a routine test flight normally would.
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
The Short Sellers.
→ $3.8 billion in gains.
→ 28% of the tradeable float bet against the stock.
That’s a big number for a company barely a month old.
Why 28% short interest is a genuinely large number.
Most large-cap stocks carry short interest in the low single digits as a percentage of float.
Nearly 28% means more than a quarter of every share currently available to trade is a bet that the price falls further.
That level of bearish positioning, this early in a company’s public life, reflects real skepticism about the valuation — but it also means any piece of good news (like a clean launch tonight) could trigger a sharp short-covering rally, since a lot of traders would suddenly need to buy back shares to close their positions.
SPONSOR BREAK presented by Paradigm*
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Executive Order #14153 outlines what Jim Rickards believes are Trump’s intentions to unleash the largest mineral reserve in the country.
According to Jim’s research, he estimates it contains up to $2.7 trillion in gold, silver, copper, and other precious elements
This single company – trading for just $2 per share – holds 100% of the rights to this asset.
But you need to act before November 3 to take advantage before the President makes his next move…
That’s when a landmark policy decision could reprice this $2 stock, overnight.
This opportunity is so explosive, it’s possible shares could skyrocket 50-times or more by the end of Trump’s term.
But – time’s running out.
Go here to get the full details before this stock soars.
What Actually Happens Tonight ↓
1 Starship Flight 13 – The second flight of the larger Starship V3 design. The first V3 mission ended with the vehicle exploding after splashdown in May.
2 Booster recovery – Super Heavy Booster 20 must complete launch, stage separation, and a controlled return to its offshore landing zone in the Gulf of Mexico.
3 First V3 satellite deployment – Starship will attempt to deploy 20 next-generation Starlink V3 satellites—the first operational deployment from a Starship mission
4 Heat shield performance – Six of those satellites carry cameras designed to monitor Starship’s heat shield during reentry, providing critical data for future reuse.
5 Controlled splashdown – Ship 40 is scheduled to complete the mission with a controlled descent into the Indian Ocean.
✱ Wall Street is watching for data on how fast and how cheaply the second stage can be refurbished and reflown. That is what actually determines whether Starship becomes a profitable commercial vehicle or an expensive science project.
SPONSOR BREAK presented by BrownstoneResearch*
Nvidia poured over $7B into this
Take a look at this…
It’s a radical “light-speed” device that’s turning AI as we know it into “Accelerated AI”, making it 100 times faster and 100 times more energy efficient.
In fact, Jensen Huang, Nvidia’s founder and CEO, says this device is shattering the limitations of AI and without it, AI can’t scale.
If you want to discover what this technology is, why Nvidia is betting billions on it…
And the one stock we believe could be the biggest winner when “Accelerated AI” goes mainstream…
The Next Catalyst — More Shares.
Why the float is about to change
SpaceX’s IPO made less than 5% of the company available for public trading, creating one of the tightest floats of any mega-cap stock. That scarcity helped amplify every move in the share price.
In early August, that begins to change.
The first lockup expiration is expected to make roughly 911.5 million shares—worth about $123 billion at current prices—eligible for sale by employees and early investors. That’s more stock than the entire ~$86 billion float currently trading in the market.
One important nuance: eligible doesn’t mean sold. Many insiders may choose to keep holding their shares. But the market knows the potential supply is coming, and that’s enough to change how investors think about the stock. The float won’t double overnight—but the ceiling on available shares rises meaningfully over the next several months.
An additional 455.8 million shares could also unlock if SpaceX trades above $175.50 for at least five of the ten trading days before earnings. With the stock currently well below that level, the performance trigger appears unlikely for now. Elon Musk’s holdings remain locked until mid-2027, regardless of the other lockup schedules.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
How Expensive Is SpaceX?
Both figures describe the same company—they simply measure it against different points in time.
✱ The 110× multiple compares today’s valuation with last year’s reported revenue.
✱ The 49× multiple uses analysts’ estimates for future revenue, assuming the business continues growing rapidly.
Both are mathematically legitimate ways to describe the same valuation — they just tell very different stories.
→ The forward multiple asks, “What if SpaceX delivers on expectations?”
→ The trailing multiple asks, “What is investors’ optimism worth today?”
Even on the more forgiving forward measure, SpaceX trades at a substantial premium to most large technology companies. For context, Tesla trades at roughly 15× expected revenue. SpaceX remains valued at several times that level, reflecting investors’ willingness to pay today for growth they expect years from now.
Q1 as a Public Company?
✱ Wall Street currently expects full-year 2026 revenue near $38.2 billion, climbing to roughly $69.2 billion in 2027 — but earnings are projected to stay negative through that stretch as the company keeps investing aggressively across Starship, Starlink, and its AI ambitions via xAI, which has already secured long-term infrastructure agreements with Anthropic and Google.
One Launch Won’t Answer The Big Question.
Tonight’s launch will give investors something tangible: telemetry, video, and a simple pass-or-fail outcome. But that’s never been the real debate.
The market isn’t trying to decide whether Starship can reach space. It’s trying to decide whether a company valued at roughly $2 trillion deserves that price while still losing billions of dollars each quarter, with most of its shares still locked up and a business model that depends on flying the same rocket again and again—not simply launching it once.
Infrastructure Capital Advisors’ Jay Hatfield summed up the current mood well. From a trading perspective, he says it’s “relatively safe to at least be involved,” but not enough to overweight the stock with the first lockup expiration approaching.
In other words, tomorrow’s headlines may be about the rocket.
The stock’s next big move may depend on August’s earnings instead.
Don’t forget to cast your vote 👇
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The Stock Buffett Never Stops Buying.
The Confession…
For decades, Warren Buffett stayed away from Alphabet GOOG ( ▲ 3.61% ).
This week, he admitted that was a mistake.
He also cleared up something investors had been debating since Berkshire first disclosed the position.
→ The decision to buy Alphabet wasn’t Greg Abel’s.
→ It was Buffett’s.
Here’s the story.⇩
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
Built In Just One Year…
✱ Berkshire’s Alphabet stake is already worth nearly $21 billion—and it isn’t finished growing.
→ ~$21B — Value of Berkshire’s Alphabet stake (Bloomberg, Tuesday’s close)
→ $10B — Private placement still expected to close
→ 8.8% — Of Berkshire’s $348 billion equity portfolio
→ Top 5 — Now one of Berkshire’s largest holdings
What makes this remarkable isn’t just the size—it’s the speed.
Berkshire didn’t spend a decade building this position the way it did with Coca-Cola or American Express. It started buying Alphabet just last year and, in roughly twelve months, assembled a stake worth nearly $21 billion, making it one of the five largest holdings in the entire portfolio. That isn’t gradual portfolio drift. It’s a high-conviction allocation.
And the position isn’t finished.
The current ~$21 billion figure reflects Berkshire’s publicly traded shares at Tuesday’s close. It doesn’t yet include the $10 billion private placement that’s still expected to close. Berkshire agreed to invest $5 billion in Class A shares at $351.81 each and another $5 billion in Class C shares at $348.20 each.
Once that transaction settles, Berkshire’s Alphabet exposure will climb again—without purchasing another share on the open market.
In other words, one of Berkshire’s biggest bets is still being built in real time.
SPONSOR BREAK presented by Paradigm*
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Executive Order #14153 outlines what Jim Rickards believes are Trump’s intentions to unleash the largest mineral reserve in the country.
According to Jim’s research, he estimates it contains up to $2.7 trillion in gold, silver, copper, and other precious elements
This single company – trading for just $2 per share – holds 100% of the rights to this asset.
But you need to act before November 3 to take advantage before the President makes his next move…
That’s when a landmark policy decision could reprice this $2 stock, overnight.
This opportunity is so explosive, it’s possible shares could skyrocket 50-times or more by the end of Trump’s term.
But – time’s running out.
Go here to get the full details before this stock soars.
The Other Half Of The Story.
Here is Alphabet’s $80 Billion capital raise:
✱ $10B – Berkshire private placement
→ $5B of Class A shares at $351.81
→ $5B of Class C shares at $348.20
✱ $30B – Public offering of common and convertible preferred shares
✱ $40B – At-the-market share sale program beginning in Q3
Berkshire’s $10 billion investment isn’t an ordinary stock purchase.
It is part of a coordinated $80 billion capital raise that Alphabet is using specifically to fund its AI infrastructure buildout.
That makes Berkshire more than just a shareholder.
It becomes one of the largest financial backers of Alphabet’s AI ambitions.
The decision is particularly notable because issuing new shares dilutes existing investors. Rather than sitting on the sidelines, Berkshire chose to participate directly—signaling confidence that the long-term returns from Alphabet’s AI investments will outweigh the near-term cost of dilution.
SPONSOR BREAK presented by BrownstoneResearch*
Nvidia poured over $7B into this
Take a look at this…
It’s a radical “light-speed” device that’s turning AI as we know it into “Accelerated AI”, making it 100 times faster and 100 times more energy efficient.
In fact, Jensen Huang, Nvidia’s founder and CEO, says this device is shattering the limitations of AI and without it, AI can’t scale.
If you want to discover what this technology is, why Nvidia is betting billions on it…
And the one stock we believe could be the biggest winner when “Accelerated AI” goes mainstream…
How Buffett Fixed His Mistake…
The timeline ↓
1 Pre-2025 – Buffett overlooks Alphabet entirely — by his own admission, a mistake, made while the stock was “still asset-light and a markets darling.”
2 Q3 2025 – Berkshire initiates its first Alphabet position — entering, per Motley Fool’s analysis, at under 20x forward earnings.
3 Q1 2026 – Greg Abel increases the position by roughly 200% and opens a new stake in Class C shares — at a higher valuation, still considered reasonable.
4 Jul 2, 2026 – Reuters reports Alphabet’s $80 billion capital raise, including the $10B Berkshire private placement.
5 Jul 15, 2026 – Buffett tells CNBC he personally initiated the original Alphabet bet — not Abel.
Not His Favorite. Still One of His Biggest.
Buffett isn’t putting Alphabet at the top of Berkshire’s list. In his view, there are still several businesses he prefers. Yet Alphabet has become one of Berkshire’s five largest holdings—a reminder that investing isn’t about finding the single best opportunity. It’s about owning enough great businesses at the right price.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
30% of Berkshire Is Now In Two AI Stocks…
Apple alone once accounted for roughly half of Berkshire Hathaway’s entire equity portfolio.
Today, that concentration has been spread across two technology leaders with very different businesses.
Why This Is Actually More Diversified, Not Less.
At first glance, Berkshire appears to be making an even bigger bet on AI. But the portfolio is actually less concentrated than it was a few years ago.
In mid-2023, Apple alone accounted for roughly 50% of Berkshire’s equity portfolio.
Today, Apple and Alphabet together represent 29.4%—spread across two businesses with very different economics.
Apple is driven by hardware and services. Alphabet is powered by digital advertising, cloud computing, and AI.
The headline may be “more AI exposure,” but the portfolio is now less dependent on a single company. That’s a meaningful reduction in concentration risk, even as Berkshire doubles down on two long-term winners.
What’s Actually Driving The Bull Case?
Alphabet’s fundamentals continue to strengthen.
✱ Google Cloud grew more than 60% year over year last quarter, while its backlog nearly doubled to about $460 billion. Company-wide revenue reached $77.25 billion, and management said AI helped drive record search activity—important because more searches create more advertising opportunities, the core engine of Alphabet’s business.
✱ The stock no longer trades at the bargain Berkshire found last year. Its forward P/E has risen from under 20x when Berkshire first bought shares to roughly 24x today. Even so, the valuation remains modest compared with the company’s growth profile, especially as AI continues to accelerate both Search and Cloud.
In Hindsight.
Worth remembering from three weeks ago:
Berkshire sold out of Amazon entirely — 10 million shares down to zero — around the same window that Tepper, Ackman, and Klarman were all building large, conviction-sized Amazon positions.
At the time, that looked like Berkshire stepping away from Big Tech concentration altogether.
Today’s news complicates that read: Berkshire didn’t step away from Big Tech. It stepped away from Amazon specifically, and reallocated hard into Apple and Alphabet instead.
Don’t forget to cast your vote 👇
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First Publicly Traded Fusion Company…
Fourteen years wait for a stock ticker…
General Fusion debuted on the Nasdaq Monday — the first pure-play publicly traded fusion power company.
Jeff Bezos made his first investment in General Fusion in 2011.
→ Fourteen years,
→ several near-death funding crises, and
→ one 25% staff layoff later, the company rang the Nasdaq bell Monday as GFUZ ( ▲ 25.09% ) — the first pure-play publicly traded company betting it can commercialize nuclear fusion.
The stock popped hard on debut day. The company’s own technology is currently running at less than a tenth of the temperature it needs to work.
Both of those things are true at once.
Here’s the story.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Forget SpaceX. Elon’s next BIG bet is a radical “light-speed” device that’s turning AI into “Accelerated AI” – and making it 100 times faster and 100 times more energy efficient.
The mainstream hasn’t caught on yet. But “Accelerated AI” stocks are breaking out as we speak: 133%, 217%, or even 320% or more… and it’s just getting started.
Click here to learn more about Elon’s next play and how to get ahead of it.
How it got here — not a smooth ride…
✱ In short….
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
What $150 million actually buys.
The SPAC was supposed to provide up to $230 million in cash.
It didn’t.
After heavy shareholder redemptions, less than $30 million is estimated to have remained in the trust. Private investors filled much of the gap by committing an additional $108 million alongside the merger.
General Fusion finished the transaction with roughly $150 million in cash—enough, according to CEO Greg Twinney, to fund the company through 2028.
Heavy SPAC redemptions are common; investors who backed the original blank-check company often cash out rather than roll into the new public entity.
What’s notable here is how much of the total came from private investors rather than the SPAC structure itself — a sign the deal was closer to a “public listing with extra steps” than a traditional SPAC windfall.
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
What They’re Actually Trying To Build?
General Fusion is trying to recreate the reaction that powers the Sun—inside a machine on Earth.
Instead of burning fuel like a conventional power plant, the goal is to fuse hydrogen atoms together. If successful, that reaction would release enormous amounts of clean energy.
Magnetized Target Fusion, Explained
1 Create plasma
Magnetic fields generate an ultra-hot cloud of charged gas called plasma—the same state of matter found inside stars.
2 Contain it
The plasma sits inside a chamber surrounded by liquid lithium.
3 Compress it
Dozens of mechanical pistons fire at the same time, squeezing the liquid lithium inward and crushing the plasma.
4 Trigger fusion
If the temperature and pressure become high enough, hydrogen atoms fuse together, releasing energy.
Unlike many competitors that rely on massive superconducting magnets or powerful lasers, General Fusion uses a combination of mechanical compression and magnetic fields.
The company believes that approach could make future fusion power plants simpler and less expensive to build.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
How Close Are They?
General Fusion’s biggest challenge is making fusion actually work.
Three major scientific milestones still separate today’s machine from a commercial reactor.
The most important number isn’t 100 million°C.
It’s 8.4 million°C.
That’s the company’s current best result—still below its own first milestone.
Reaching 100 million°C would represent another order-of-magnitude leap. Beyond that comes the industry’s defining hurdle: the Lawson Criterion, the point where a fusion reaction produces more energy than it consumes.
That milestone is targeted for 2028.
It simply mean investors are buying a company that still has several major scientific breakthroughs ahead of it before anyone can talk about commercial electricity.
Even CEO Greg Twinney describes the company’s 2035 power plant target as an “optimistic scenario.”
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
Another Long-Term Bezos Bet.
General Fusion isn’t Jeff Bezos’ first investment built around patience.
On July 8, Blue Origin completed its first-ever outside funding round at a $130 billion valuation after more than two decades of private funding from Bezos himself.
Just six days later, General Fusion—a company he first backed in 2011—became the world’s first publicly traded pure-play fusion company.
Different industries. Different technologies.
The common thread is simply the same investor, backing two capital-intensive, multi-decade energy and infrastructure bets in the same month.
The Fusion Race.
General Fusion isn’t running alone:
1 General Fusion – Jeff Bezos (since 2011) | Public since July 13, 2026 — first pure-play fusion stock
2 TAE Technologies – Google; announced $6B+ all-stock merger with Trump Media & Technology Group | Not yet public — merger deal announced but trailing GFUZ to market
3 Helion Energy – Sam Altman | Still private.
The honest risk — nobody has done this yet
✱ No commercial fusion reactor exists anywhere on Earth.
Every operating nuclear power plant today uses fission — splitting atoms apart — not fusion, which fuses them together.
In 2022, the US government’s National Ignition Facility achieved net energy gain in a laboratory experiment, a genuine milestone, but one that has not yet translated into any viable commercial pathway.
GFUZ currently has zero analyst coverage — no professional price target exists for the stock, leaving investors to evaluate a highly technical, multi-decade bet largely on their own.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
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First Publicly Traded Fusion Company…
Fourteen years wait for a stock ticker…
General Fusion debuted on the Nasdaq Monday — the first pure-play publicly traded fusion power company.
Jeff Bezos made his first investment in General Fusion in 2011.
→ Fourteen years,
→ several near-death funding crises, and
→ one 25% staff layoff later, the company rang the Nasdaq bell Monday as GFUZ ( ▲ 25.09% ) — the first pure-play publicly traded company betting it can commercialize nuclear fusion.
The stock popped hard on debut day. The company’s own technology is currently running at less than a tenth of the temperature it needs to work.
Both of those things are true at once.
Here’s the story.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Forget SpaceX. Elon’s next BIG bet is a radical “light-speed” device that’s turning AI into “Accelerated AI” – and making it 100 times faster and 100 times more energy efficient.
The mainstream hasn’t caught on yet. But “Accelerated AI” stocks are breaking out as we speak: 133%, 217%, or even 320% or more… and it’s just getting started.
Click here to learn more about Elon’s next play and how to get ahead of it.
How it got here — not a smooth ride…
✱ In short….
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
What $150 million actually buys.
The SPAC was supposed to provide up to $230 million in cash.
It didn’t.
After heavy shareholder redemptions, less than $30 million is estimated to have remained in the trust. Private investors filled much of the gap by committing an additional $108 million alongside the merger.
General Fusion finished the transaction with roughly $150 million in cash—enough, according to CEO Greg Twinney, to fund the company through 2028.
Heavy SPAC redemptions are common; investors who backed the original blank-check company often cash out rather than roll into the new public entity.
What’s notable here is how much of the total came from private investors rather than the SPAC structure itself — a sign the deal was closer to a “public listing with extra steps” than a traditional SPAC windfall.
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
What They’re Actually Trying To Build?
General Fusion is trying to recreate the reaction that powers the Sun—inside a machine on Earth.
Instead of burning fuel like a conventional power plant, the goal is to fuse hydrogen atoms together. If successful, that reaction would release enormous amounts of clean energy.
Magnetized Target Fusion, Explained
1 Create plasma
Magnetic fields generate an ultra-hot cloud of charged gas called plasma—the same state of matter found inside stars.
2 Contain it
The plasma sits inside a chamber surrounded by liquid lithium.
3 Compress it
Dozens of mechanical pistons fire at the same time, squeezing the liquid lithium inward and crushing the plasma.
4 Trigger fusion
If the temperature and pressure become high enough, hydrogen atoms fuse together, releasing energy.
Unlike many competitors that rely on massive superconducting magnets or powerful lasers, General Fusion uses a combination of mechanical compression and magnetic fields.
The company believes that approach could make future fusion power plants simpler and less expensive to build.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
How Close Are They?
General Fusion’s biggest challenge is making fusion actually work.
Three major scientific milestones still separate today’s machine from a commercial reactor.
The most important number isn’t 100 million°C.
It’s 8.4 million°C.
That’s the company’s current best result—still below its own first milestone.
Reaching 100 million°C would represent another order-of-magnitude leap. Beyond that comes the industry’s defining hurdle: the Lawson Criterion, the point where a fusion reaction produces more energy than it consumes.
That milestone is targeted for 2028.
It simply mean investors are buying a company that still has several major scientific breakthroughs ahead of it before anyone can talk about commercial electricity.
Even CEO Greg Twinney describes the company’s 2035 power plant target as an “optimistic scenario.”
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
Another Long-Term Bezos Bet.
General Fusion isn’t Jeff Bezos’ first investment built around patience.
On July 8, Blue Origin completed its first-ever outside funding round at a $130 billion valuation after more than two decades of private funding from Bezos himself.
Just six days later, General Fusion—a company he first backed in 2011—became the world’s first publicly traded pure-play fusion company.
Different industries. Different technologies.
The common thread is simply the same investor, backing two capital-intensive, multi-decade energy and infrastructure bets in the same month.
The Fusion Race.
General Fusion isn’t running alone:
1 General Fusion – Jeff Bezos (since 2011) | Public since July 13, 2026 — first pure-play fusion stock
2 TAE Technologies – Google; announced $6B+ all-stock merger with Trump Media & Technology Group | Not yet public — merger deal announced but trailing GFUZ to market
3 Helion Energy – Sam Altman | Still private.
The honest risk — nobody has done this yet
✱ No commercial fusion reactor exists anywhere on Earth.
Every operating nuclear power plant today uses fission — splitting atoms apart — not fusion, which fuses them together.
In 2022, the US government’s National Ignition Facility achieved net energy gain in a laboratory experiment, a genuine milestone, but one that has not yet translated into any viable commercial pathway.
GFUZ currently has zero analyst coverage — no professional price target exists for the stock, leaving investors to evaluate a highly technical, multi-decade bet largely on their own.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Beyond the Magnificent Few
Unusually relaxed…
Wall Street expects one of the strongest earnings seasons in years.
And for the first time in a while, the biggest story isn’t just Big Tech.
→ Analysts are raising estimates across the market,
→ profits are spreading beyond the Magnificent Seven, and
→ investors may finally learn whether this year’s rally has real breadth.
Here’s the story.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
The Bar Has Rarely Been Higher.
Earnings season is often described as a test of corporate America.
In reality, it’s usually a test of expectations.
Analysts spend months adjusting their forecasts before companies report. In a typical quarter, those estimates drift lower, making it easier for companies to “beat” expectations.
That hasn’t happened this time.
According to JPMorgan, earnings estimates continued climbing throughout the second quarter while corporate earnings warnings remained well below normal levels.
✱ Wall Street now expects S&P 500 earnings to increase 23.3% from a year ago—well above both the five-year average of 16.4% and the ten-year average of 10.3%.
If realized, it would mark the second consecutive quarter above 20% earnings growth and the seventh straight quarter of double-digit profit growth.
Q2 Earnings Growth Expectations
→ Q2 2026: 23.3%
→ 5-year average: 16.4%
→ 10-year average: 10.3%
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
Follow the AI Money.
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
This Isn’t Just Another AI Story.
For much of the AI boom, earnings growth came from a familiar group of companies.
→ Nvidia.
→ Microsoft.
→ Meta.
→ Amazon.
The market rewarded a handful of technology giants while much of the rest of corporate America struggled to keep up.
This quarter looks much broader.
Ten of the eleven S&P 500 sectors are expected to report earnings growth, led by Energy, Technology and Materials. Massive AI infrastructure spending has benefited memory manufacturers, semiconductor equipment companies, utilities, power producers and industrial firms—not just the hyperscalers writing the checks.
The AI boom has created winners well beyond Silicon Valley.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
The Other 493.
Morgan Stanley believes something important is changing beneath the surface.
The firm’s strategists point out that the median company in the S&P 1500 is now growing earnings per share by more than 10%, the strongest performance since the post-pandemic recovery. Analysts are also raising profit forecasts for consumer discretionary and transportation companies—industries closely tied to the broader economy rather than AI alone.
Even the market’s leadership is beginning to reflect that shift.
The equal-weight S&P 500—where every company carries the same weight instead of letting the largest stocks dominate—is outperforming the traditional market-cap weighted index for the first time since 2022.
That’s often one of the clearest signs that a rally is becoming healthier.
Market Breadth Is Improving
→ Equal-weight S&P 500 outperforming
→ Median S&P 1500 EPS growth >10%
→ Profit estimates rising across multiple sectors
SPONSOR BREAK presented by MarketWise*
“Biggest Breakthrough in the History of Stock Trading”
A Maryland computer whiz recently created a new form of “Predictive AI” that can foresee the future prices of any of 2,334 stocks – to the penny – with 73% historical accuracy. It’s led to a huge anomaly that would’ve turned every $5,000 into over $15,000 in the 16 months following its creation in one study.
Click here for your free demo here (no purchase required).
The Catch.
Higher expectations make success harder.
When Wall Street expects very little, companies can rally simply by being “less bad.”
When Wall Street expects one of the strongest earnings seasons in years, merely meeting expectations may not be enough.
Investors will be looking beyond headline earnings.
Questions they’ll ask include:
→ Are AI investments beginning to generate meaningful returns?
→ Can margins continue expanding?
→ Are executives raising guidance for the second half of the year?
The answers may matter more than the quarter that just ended.
The Bigger Lesson.
One of the biggest investing mistakes is assuming markets reward good news.
They don’t.
Markets reward news that is better than expected.
That’s why stocks sometimes fall after reporting record earnings and rally after reporting results that still look disappointing on paper.
The benchmark isn’t perfection. It’s expectations.
This earnings season begins with some of the highest expectations in years.
✱ If corporate America clears that bar, it could strengthen the case that this year’s rally is becoming broader and more durable.
✱ If not, investors may once again retreat to the handful of companies that have carried the market for most of this decade.
The next few weeks will tell us whether the market’s leadership is finally expanding—or whether the Magnificent Few are still doing most of the heavy lifting.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Beyond the Magnificent Few
Unusually relaxed…
Wall Street expects one of the strongest earnings seasons in years.
And for the first time in a while, the biggest story isn’t just Big Tech.
→ Analysts are raising estimates across the market,
→ profits are spreading beyond the Magnificent Seven, and
→ investors may finally learn whether this year’s rally has real breadth.
Here’s the story.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
The Bar Has Rarely Been Higher.
Earnings season is often described as a test of corporate America.
In reality, it’s usually a test of expectations.
Analysts spend months adjusting their forecasts before companies report. In a typical quarter, those estimates drift lower, making it easier for companies to “beat” expectations.
That hasn’t happened this time.
According to JPMorgan, earnings estimates continued climbing throughout the second quarter while corporate earnings warnings remained well below normal levels.
✱ Wall Street now expects S&P 500 earnings to increase 23.3% from a year ago—well above both the five-year average of 16.4% and the ten-year average of 10.3%.
If realized, it would mark the second consecutive quarter above 20% earnings growth and the seventh straight quarter of double-digit profit growth.
Q2 Earnings Growth Expectations
→ Q2 2026: 23.3%
→ 5-year average: 16.4%
→ 10-year average: 10.3%
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
Follow the AI Money.
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
This Isn’t Just Another AI Story.
For much of the AI boom, earnings growth came from a familiar group of companies.
→ Nvidia.
→ Microsoft.
→ Meta.
→ Amazon.
The market rewarded a handful of technology giants while much of the rest of corporate America struggled to keep up.
This quarter looks much broader.
Ten of the eleven S&P 500 sectors are expected to report earnings growth, led by Energy, Technology and Materials. Massive AI infrastructure spending has benefited memory manufacturers, semiconductor equipment companies, utilities, power producers and industrial firms—not just the hyperscalers writing the checks.
The AI boom has created winners well beyond Silicon Valley.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
The Other 493.
Morgan Stanley believes something important is changing beneath the surface.
The firm’s strategists point out that the median company in the S&P 1500 is now growing earnings per share by more than 10%, the strongest performance since the post-pandemic recovery. Analysts are also raising profit forecasts for consumer discretionary and transportation companies—industries closely tied to the broader economy rather than AI alone.
Even the market’s leadership is beginning to reflect that shift.
The equal-weight S&P 500—where every company carries the same weight instead of letting the largest stocks dominate—is outperforming the traditional market-cap weighted index for the first time since 2022.
That’s often one of the clearest signs that a rally is becoming healthier.
Market Breadth Is Improving
→ Equal-weight S&P 500 outperforming
→ Median S&P 1500 EPS growth >10%
→ Profit estimates rising across multiple sectors
SPONSOR BREAK presented by MarketWise*
“Biggest Breakthrough in the History of Stock Trading”
A Maryland computer whiz recently created a new form of “Predictive AI” that can foresee the future prices of any of 2,334 stocks – to the penny – with 73% historical accuracy. It’s led to a huge anomaly that would’ve turned every $5,000 into over $15,000 in the 16 months following its creation in one study.
Click here for your free demo here (no purchase required).
The Catch.
Higher expectations make success harder.
When Wall Street expects very little, companies can rally simply by being “less bad.”
When Wall Street expects one of the strongest earnings seasons in years, merely meeting expectations may not be enough.
Investors will be looking beyond headline earnings.
Questions they’ll ask include:
→ Are AI investments beginning to generate meaningful returns?
→ Can margins continue expanding?
→ Are executives raising guidance for the second half of the year?
The answers may matter more than the quarter that just ended.
The Bigger Lesson.
One of the biggest investing mistakes is assuming markets reward good news.
They don’t.
Markets reward news that is better than expected.
That’s why stocks sometimes fall after reporting record earnings and rally after reporting results that still look disappointing on paper.
The benchmark isn’t perfection. It’s expectations.
This earnings season begins with some of the highest expectations in years.
✱ If corporate America clears that bar, it could strengthen the case that this year’s rally is becoming broader and more durable.
✱ If not, investors may once again retreat to the handful of companies that have carried the market for most of this decade.
The next few weeks will tell us whether the market’s leadership is finally expanding—or whether the Magnificent Few are still doing most of the heavy lifting.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
The Magnificent Two?
The Other Seven…
→ The Magnificent Seven ETF is down 0.5% this year.
→ Small-cap ETFs are up 17–21%.
→ Morgan Stanley says the valuation gap between the market’s biggest winners and everyone else has shrunk to its smallest level in a decade.
The Magnificent Seven carried the market for years. Buying them was almost a cheat code. The largest tech companies did most of the heavy lifting while the rest of the market came along for the ride.
Now the passengers are driving, and…
→ Five of the seven are trailing the S&P 500.
→ Three are in the red for the year.
→ Meanwhile, an iShares ETF holding more than 1,100 small companies is quietly beating them all.
Here’s what’s changing—and whether this rotation has legs.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
The Scoreboard — where each one stands.
The “Magnificent Seven” label hides a growing split.
✱ Apple (+16.5%) and Alphabet (about +15%) are outperforming the market.
✱ Microsoft (-23.3%) and Meta (-15.9%) are among the year’s biggest disappointments.
✱ Nvidia, Amazon, and Tesla sit in between, but all trail the S&P 500.
In short, buying the Mag 7 as a single trade isn’t working the way it used to.
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
What Actually Beat The Market in 2026.
Small caps are having the year that Mag 7 was supposed to have.
The market rewarded concentration for a long time. In 2026, it’s rewarding the opposite.
Every major ETF designed to reduce the Magnificent Seven’s influence is outperforming the S&P 500.
→ Equal-weight is ahead.
→ Mid-caps are ahead.
→ Small-caps are leading by a wide margin.
In short, the diversification trade is back.
Owning more of the market is finally beating owning more of the biggest stocks.
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
The Morgan Stanley Data.
✱ For most of the 2020s, investors were willing to pay a 30%+ premium for Mag 7 earnings relative to the rest of the S&P 500 — a reflection of the group’s superior growth, margins, and competitive moats.
That premium has now compressed to roughly 10%.
It is the most direct measure of what has changed: the market is no longer willing to pay as much for Mag 7 earnings relative to alternatives as it was a year ago.
The group has not gotten worse. The alternatives have gotten cheaper — and the capex story has made investors reconsider the premium.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
The reason — AI capex is eating the cash flow investors loved.
AI capital expenditures are expected to jump roughly 70% this year, topping $700 billion, with most of that investment coming from the largest hyperscalers. The goal is to build the infrastructure for the next decade of AI.
The trade-off is that today’s spending comes at the expense of today’s cash flow.
The group’s projected 12-month free cash flow is expected to fall sharply from its 2024 peak. Free cash flow is what funds buybacks, dividends, acquisitions, and the steady compounding that made the Magnificent Seven such attractive investments.
As Deutsche Bank strategist Jim Reid put it, investors are showing “growing apprehension” about the scale of AI spending by the largest hyperscalers.
Higher interest rates only add to the pressure. If borrowing costs rise, financing massive AI projects becomes more expensive, making investors even less willing to pay premium valuations today for profits that may not arrive until years from now.
SPONSOR BREAK presented by MarketWise*
“Biggest Breakthrough in the History of Stock Trading”
A Maryland computer whiz recently created a new form of “Predictive AI” that can foresee the future prices of any of 2,334 stocks – to the penny – with 73% historical accuracy. It’s led to a huge anomaly that would’ve turned every $5,000 into over $15,000 in the 16 months following its creation in one study.
Click here for your free demo here (no purchase required).
Who Is Winning?
The biggest winners in 2026 are… the chip suppliers.
✱ The Nvidia Paradox
Nvidia is the AI chip leader inside the Magnificent Seven. Yet in 2026, it has lagged much of the semiconductor industry.
Broadcom—another AI heavyweight that began the year among the S&P 500’s 10 largest companies—has also trailed many of its peers.
Instead, the biggest winners have come from less obvious corners of the AI supply chain.→ Memory makers like Micron, equipment suppliers like Applied Materials, and even Intel and AMD have delivered stronger returns.
Why Small Caps?
✱ One reason the Russell 2000 Growth ETF has outperformed is what it doesn’t own.
Its largest sector is healthcare, not technology. Industrials and financials together are bigger than tech, making the fund genuinely diversified rather than another version of the AI trade.
The market’s winning small-cap fund isn’t benefiting from AI capex. It’s benefiting from being largely insulated from it.
The Real Question
The Magnificent Seven didn’t dominate by accident.
They earned premium valuations through
→ faster growth,
→ wider margins,
→ sticky ecosystems, and
→ businesses that consistently generated enormous amounts of cash.
One year of underperformance doesn’t erase that. Even after this year’s stumble, the Mag 7 ETF has returned 29.7% annually over the past three years, compared with 18.3% for the Russell 2000 Growth ETF.
What changed in 2026 is more specific.
AI infrastructure spending exploded, eating into the free cash flow investors once prized. As those cash flows came under pressure, the market stopped paying the same premium it once did for every dollar of Mag 7 earnings.
→ If those billions of dollars invested in AI translate into faster cloud growth, new AI services, and higher profits, today’s valuation discount could prove temporary.
→ If they don’t, the market may continue rewarding companies that can grow without spending quite so aggressively.
That debate extends beyond Big Tech.
Fidelity argues U.S. small caps remain undervalued relative to large caps and could outperform over the next five to ten years—a structural case rather than a cyclical one.
And the market has already started voting.
Don’t forget to cast your vote 👇
Lesson Of The Day:
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The Magnificent Two?
The Other Seven…
→ The Magnificent Seven ETF is down 0.5% this year.
→ Small-cap ETFs are up 17–21%.
→ Morgan Stanley says the valuation gap between the market’s biggest winners and everyone else has shrunk to its smallest level in a decade.
The Magnificent Seven carried the market for years. Buying them was almost a cheat code. The largest tech companies did most of the heavy lifting while the rest of the market came along for the ride.
Now the passengers are driving, and…
→ Five of the seven are trailing the S&P 500.
→ Three are in the red for the year.
→ Meanwhile, an iShares ETF holding more than 1,100 small companies is quietly beating them all.
Here’s what’s changing—and whether this rotation has legs.⇩
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
The Scoreboard — where each one stands.
The “Magnificent Seven” label hides a growing split.
✱ Apple (+16.5%) and Alphabet (about +15%) are outperforming the market.
✱ Microsoft (-23.3%) and Meta (-15.9%) are among the year’s biggest disappointments.
✱ Nvidia, Amazon, and Tesla sit in between, but all trail the S&P 500.
In short, buying the Mag 7 as a single trade isn’t working the way it used to.
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
What Actually Beat The Market in 2026.
Small caps are having the year that Mag 7 was supposed to have.
The market rewarded concentration for a long time. In 2026, it’s rewarding the opposite.
Every major ETF designed to reduce the Magnificent Seven’s influence is outperforming the S&P 500.
→ Equal-weight is ahead.
→ Mid-caps are ahead.
→ Small-caps are leading by a wide margin.
In short, the diversification trade is back.
Owning more of the market is finally beating owning more of the biggest stocks.
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
The Morgan Stanley Data.
✱ For most of the 2020s, investors were willing to pay a 30%+ premium for Mag 7 earnings relative to the rest of the S&P 500 — a reflection of the group’s superior growth, margins, and competitive moats.
That premium has now compressed to roughly 10%.
It is the most direct measure of what has changed: the market is no longer willing to pay as much for Mag 7 earnings relative to alternatives as it was a year ago.
The group has not gotten worse. The alternatives have gotten cheaper — and the capex story has made investors reconsider the premium.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
The reason — AI capex is eating the cash flow investors loved.
AI capital expenditures are expected to jump roughly 70% this year, topping $700 billion, with most of that investment coming from the largest hyperscalers. The goal is to build the infrastructure for the next decade of AI.
The trade-off is that today’s spending comes at the expense of today’s cash flow.
The group’s projected 12-month free cash flow is expected to fall sharply from its 2024 peak. Free cash flow is what funds buybacks, dividends, acquisitions, and the steady compounding that made the Magnificent Seven such attractive investments.
As Deutsche Bank strategist Jim Reid put it, investors are showing “growing apprehension” about the scale of AI spending by the largest hyperscalers.
Higher interest rates only add to the pressure. If borrowing costs rise, financing massive AI projects becomes more expensive, making investors even less willing to pay premium valuations today for profits that may not arrive until years from now.
SPONSOR BREAK presented by MarketWise*
“Biggest Breakthrough in the History of Stock Trading”
A Maryland computer whiz recently created a new form of “Predictive AI” that can foresee the future prices of any of 2,334 stocks – to the penny – with 73% historical accuracy. It’s led to a huge anomaly that would’ve turned every $5,000 into over $15,000 in the 16 months following its creation in one study.
Click here for your free demo here (no purchase required).
Who Is Winning?
The biggest winners in 2026 are… the chip suppliers.
✱ The Nvidia Paradox
Nvidia is the AI chip leader inside the Magnificent Seven. Yet in 2026, it has lagged much of the semiconductor industry.
Broadcom—another AI heavyweight that began the year among the S&P 500’s 10 largest companies—has also trailed many of its peers.
Instead, the biggest winners have come from less obvious corners of the AI supply chain.→ Memory makers like Micron, equipment suppliers like Applied Materials, and even Intel and AMD have delivered stronger returns.
Why Small Caps?
✱ One reason the Russell 2000 Growth ETF has outperformed is what it doesn’t own.
Its largest sector is healthcare, not technology. Industrials and financials together are bigger than tech, making the fund genuinely diversified rather than another version of the AI trade.
The market’s winning small-cap fund isn’t benefiting from AI capex. It’s benefiting from being largely insulated from it.
The Real Question
The Magnificent Seven didn’t dominate by accident.
They earned premium valuations through
→ faster growth,
→ wider margins,
→ sticky ecosystems, and
→ businesses that consistently generated enormous amounts of cash.
One year of underperformance doesn’t erase that. Even after this year’s stumble, the Mag 7 ETF has returned 29.7% annually over the past three years, compared with 18.3% for the Russell 2000 Growth ETF.
What changed in 2026 is more specific.
AI infrastructure spending exploded, eating into the free cash flow investors once prized. As those cash flows came under pressure, the market stopped paying the same premium it once did for every dollar of Mag 7 earnings.
→ If those billions of dollars invested in AI translate into faster cloud growth, new AI services, and higher profits, today’s valuation discount could prove temporary.
→ If they don’t, the market may continue rewarding companies that can grow without spending quite so aggressively.
That debate extends beyond Big Tech.
Fidelity argues U.S. small caps remain undervalued relative to large caps and could outperform over the next five to ten years—a structural case rather than a cyclical one.
And the market has already started voting.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
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Welcome to Wall Street, SK Hynix.
Largest U.S. debut ever by a foreign company…
Every AI model depends on two critical pieces of hardware.
→ The processor does the thinking.
→ The memory keeps feeding the processor the data it needs to think. If that flow slows down, even the world’s fastest AI chip spends more time waiting than computing.
That’s why high-bandwidth memory—better known as HBM—has become one of the most valuable technologies in AI.
One company produces more than half of it.
And today, SK Hynix raised $26.5 billion in the largest U.S. market debut ever by a foreign company, surpassing Alibaba’s 2014 record.
Shares priced at $149, opened at $170, finished the day up 14%, and the offering was reportedly seven times oversubscribed.
The IPO made headlines.
The technology behind it is the bigger story.
Here is the story. ⇩
SPONSOR BREAK presented by MarketWise*
He Put Half His $9 Billion Into One Unusual AI Stock
One billionaire put over half his $9 billion fund into one unusual AI stock — then bought more shares nearly every day for 61 straight trading days.
It’s not Nvidia… a chipmaker… or a cloud giant.
Instead, it owns the assets the entire AI boom depends on…
And Trump signed emergency executive orders to protect them.
Right now it’s trading at a rare discount…
The same kind that’s previously turned $10,000 into $55,000. In just over 12 months
A New IPO Record.
The AI infrastructure boom has a new record holder.
✱ SK Hynix · 2026 | $26.5B — Largest U.S. debut ever by a foreign company
✱ Alibaba · 2014 | $25B — Held the record for 12 years
✱ SpaceX · 2026 | $86B — Largest IPO ever overall
Alibaba’s 2014 IPO captured one of the defining investment themes of its decade: the rise of e-commerce and the mobile internet.
Twelve years later, SK Hynix has taken the record at a very different moment.
This time, investors are chasing the companies building the infrastructure behind artificial intelligence.
SPONSOR BREAK presented by MarketWise*
Will You Survive the MAR-A-LAGO RESET?
Bloomberg calls it “a dire shift of fortunes for America” and The Wall Street Journal calls it a “New World Order.” Now, Dr. David Eifrig – a 40-year market veteran who traded through Black Monday and has recommended more than a dozen triple-digit winners – warns that you must make one of the most important financial decisions of your lifetime today. He strongly recommends this ONE step to potentially secure your retirement.
What HBM actually is — and why it is the bottleneck
High-bandwidth memory is the reason AI models can run fast.
Without it, Nvidia’s GPUs are significantly slower.
How high-bandwidth memory works:
1 The problem with regular memory
AI chips like Nvidia’s GPUs need to access data constantly to run AI models. Standard memory is too slow — the chip has to wait, which makes the whole process inefficient. It is like trying to recall your entire life history every time someone asks what you had for lunch.
2 What HBM does differently
HBM sits physically next to the processor — stacked on top of it — and transfers data at extraordinarily high speeds. It holds only the most immediately relevant data, feeding it to the chip instantly. The result: AI models run far faster and more efficiently.
3 Why supply cannot keep up with demand
Building HBM manufacturing capacity takes years — new facilities require extensive construction, tooling, and qualification. The current shortage is expected to persist into 2030. Every data center being built right now needs HBM. There is not enough of it.
SPONSOR BREAK presented by BrownstoneResearch*
Did Elon Musk Just Open America’s Last Retirement Window?
Jeff Brown believes by the end of this month, this Elon Musk new AI breakthrough will collide…
With a powerful market prophecy that has correctly predicted some of the biggest market booms going back to 1950…
Giving Americans a rare and perhaps last chance to turn a small stake into an entire six-figure nest egg in the next 12-18 months.
The last time something like this happened, investors had a chance to turn a small stake of $10,000 into as much as $366,000 in just 14 months.
Who makes HBM — three companies, one dominant
High-bandwidth memory is dominated by just three manufacturers—all key suppliers to Nvidia’s AI ecosystem.
✱ Why US investors had almost no way to own this until today.
SK Hynix and Samsung trade primarily on the Korea Exchange.
Most American retail investors and many institutional funds cannot easily access Korean-listed shares.
The ADR structure (each SKHYV ADR representing one-tenth of a Korean share) gives US investors a direct, dollar-denominated way to own the company that controls more than half the world’s HBM supply.
That access gap is part of why demand was 7x oversubscribed — the stock was already well-known; the US listing was what was missing.
SPONSOR BREAK presented by ParadigmPress*
Move your money NOW! – Former CIA Advisor
He predicted the 2008 financial crisis…
He predicted Trump’s election in 2016….
He even predicted the rise of COVID-19 writing:
“The chance we don’t have something on the scale of a national pandemic in the next few years is near zero”
That was three months before the first reported case.
If he’s right again, God Bless America…
Because this crisis will be tectonic in scale…and it’s going to begin with the bubble popping in AI.
The Korea Track Record…
SPONSOR BREAK presented by MarketWise*
“Biggest Breakthrough in the History of Stock Trading”
A Maryland computer whiz recently created a new form of “Predictive AI” that can foresee the future prices of any of 2,334 stocks – to the penny – with 73% historical accuracy. It’s led to a huge anomaly that would’ve turned every $5,000 into over $15,000 in the 16 months following its creation in one study.
Click here for your free demo here (no purchase required).
Where SK Hynix Sits In The AI Supply Chain?
Every major AI story we have covered this month runs through HBM memory.
→ Anthropic / Claude — trains and runs on Nvidia GPUs. Every GPU requires HBM. SK Hynix supplies the memory that makes Claude run.
→ SpaceX Colossus data centers — the AI compute infrastructure behind the $27.8B annual contracts with Anthropic and Google. Colossus runs on HBM-equipped processors.
→ Amazon AWS / Microsoft Azure — hyperscaler AI compute that Tepper, Ackman, and Klarman are betting on. Data center servers require HBM for every AI workload.
→ Apple MacBooks and iPads — raised prices this month due to memory cost inflation. The same HBM shortage driving AI demand is squeezing consumer electronics margins.
The Honest Risk.
The Bull Case:
→ Supply remains tight — Industry shortages are expected to persist through 2030.
→ Customers are locking in supply — Micron is signing five-year contracts, replacing the one-year agreements that were once standard.
→ Investors have noticed — SK Hynix shares climbed 634% on the Korea Exchange over the past year.
→ Demand spilled into the IPO — The U.S. debut was 7x oversubscribed, raising $26.5 billion.
→ Supply can’t catch up overnight — Building new HBM fabrication plants takes years, keeping the market structurally tight.
The Bust — the history:
→ Memory has been here before — Just a few years ago, oversupply pushed prices so low that some manufacturers were selling chips at or below cost.
→ Today’s shortage began with yesterday’s cutbacks — Producers reduced capital spending when margins collapsed, limiting the capacity now available for the AI boom.
→ Long-term contracts offer protection, not certainty — Five-year supply agreements may help smooth demand, but customers can still renegotiate or reduce commitments if market conditions change.
→ AI demand may not grow in a straight line — Spending could slow, consolidate among fewer buyers, or shift toward more efficient technology.
→ High prices attract new supply — The stronger today’s margins become, the more aggressively manufacturers invest in additional capacity.
That is the central risk.
The shortage supporting today’s boom is also encouraging the investment that could eventually end it.
⚠️ Every shortage plants the seeds of the next surplus.
That’s how the memory industry has worked for decades. High prices encourage manufacturers to build more capacity. The problem is that new factories take years to finish. By the time they’re ready, demand has often cooled, turning shortages into oversupply.
Analysts expect HBM to remain tight through 2030, giving producers several years of unusually strong conditions.
What comes next depends on two things:
1 how much new capacity is built—and
2 whether AI demand keeps growing fast enough to fill it.
That’s why Micron’s move toward five-year supply agreements is so closely watched. The industry is trying to smooth a cycle that has historically been anything but smooth.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
