🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

$ITRI - Nice business that doesn't get much attention "Itron is a market leading Industrial IoT company that is innovating new ways for utilities and cities to manage energy and water"

Some selected slides from new Ben Evans presentation.

GAME - the Golden Age of Margin Expansion. Step 1, Mag 7 “got fit.” Step 2, Mag 7 now truly leveraging the benefits of AI to grow top lines while holding the line on headcount. On the flip-side, labor OpEx being replaced w GPU Capex. 📈🧐

The opportunity in Global Technology ex-US (and also a good interview with Beeneet Kothari of Tekne Capital Management) "What's happened to the technology landscape in the US is it's absolutely ballooned. Tech is now not only the largest component of the S&P, but it's almost 35%

It’s also been a terrific tailwind for corporate (mostly Mag7) earnings. As the rapidly increasing investments are capitalized by the buyers, but recognized as revenues and profits immediately by the sellers. Same as in Dot.com networking/telecom buildout.

Mag 7 still set to dominate the earnings growth story

Tons of good lessons/thoughts here

$STX LT earnings power waterfall (per MS)

Vendors Best Positioned to Benefit from Agentic AI Opportunity - MS

This is a great read

A few more related charts on dilution: Software SBC Adjusted Rule of 40 I've posted this before but there's a hell of a lot of software management teams bragging about achieving Rule of 40. But when you bake in SBC as a real expense the number of companies >40% drops from 23 to