3 posts
The AI industry has catastrophic concentration risk: 70% of hyperscaler AI revenue comes from Anthropic and OpenAI alone, and if either fails, the United States would enter a recession overnight.
Cisco’s revenue growth accelerated from a guided 5% to 18% in the latest quarter, and its fiscal 2027 guidance calls for 15% growth at the midpoint.
The 2000s subprime short was a once-in-a-century trade because Wall Street would sell cheap, illiquid insurance on bonds you didn’t own, and that opening is not coming back.