Analysis & Explainers
Longer reads on stocks, crypto and markets - the context behind the headlines.
AMD: the pricing of a market-share story
AMD designs the chips inside data centers and PCs, and its valuation assumes those designs keep winning work.
Netflix: Subscription Economics and the Cost of Content
Netflix's recurring subscription fees fund a global content machine; the valuation hinges on whether growth still justifies the spending.
Meta Platforms: Advertising, Attention, and the Next Chapter
Meta's ad business is a powerful machine, but its future depends on defending attention from rivals and navigating regulation.
How Netflix Makes Money and What Drives Its Valuation
How Netflix's subscription model, content moat, and premium valuation could be tested.
Apple: The Ecosystem Behind the World's Most Valuable Company
Apple's profit comes from selling hardware and then charging for services, and its valuation rests on that loop holding.
Coca-Cola: The Concentrate Business Behind the Iconic Brand
A look at how Coca-Cola makes money, the sources of its durable advantage, and the risks to its steady story.
Oracle's Moat, Cloud Pivot, and the Price the Market Pays
Oracle's database franchise has a rare moat; the cloud transition is the test.
Broadcom: How Custom AI Chips and Software Drive Growth
Broadcom combines custom AI chips and sticky infrastructure software. Here is how it makes money, why investors pay a premium, and what could break the story.
Walmart: The Retail Machine That Runs on Scale
Walmart's edge is scale and logistics, but its profit mix and valuation assumptions matter as much.