as of 2026-10-27
Report date
Oct 27, 2026
Web data generated
2026-10-27 10:40 AM PDT
Alpha report generated
2026-10-27 10:39 AM PDT
Alpha web build revision a0db9018688dAlpha web package 20261027T174132245783Z-8f3a46c3207d

Research

Research

Research notes

2
  • Is AI a Bubble?

    • Neocloud rent for an NVIDIA H100 rose from $2.00 an hour in December to $2.88 in October. In 2000, transit prices fell 16%. data
    • The five biggest spenders put $1,134.9B into capex from January 2023 to June 2026, and guide about $800B for 2026 alone. filing
    • Oracle closed 62% below its peak and CoreWeave 70% below on Oct 23; insuring Oracle's debt costs about 295bp a year. calculated
    • OpenAI has signed about $665B of purchase commitments, against revenue running at about $50B a year. press
    • SOXX, the main US chip fund, is 27% below its June peak; the S&P 500 is 2.5% below its record. calculated
  • The AI Money Loop

    • NVIDIA's guarantees equal 36% of a year's revenue, against Lucent's 24% in 2000. One $105B OpenAI lease guarantee is 35 points of that. calculated
    • Anthropic's vendors have put in or promised $103B, or $118B counting Microsoft's and NVIDIA's reported stakes. Anthropic has signed for about $810B of compute. filing
    • $72.4B of Anthropic's $80.7B first-half net loss is the rise in value of convertible notes held by Amazon. filing
    • Capex ran above operating cash flow at Amazon (119%), Alphabet (115%) and Meta (103%) in their latest quarter. calculated
    • OpenAI's own plan, as the FT reported it, spends $856B on compute against $840B of revenue through 2030. press

Stock research

46
Bear to bullSummary
RDDTReddit, Inc.Strong Buy56% below fair value$311$138.45Oct 26$115 – $72390 Meridian score+31.7%at $138.47 · Report price $138.47 · Oct 26, 2026 · Source: Robinhood last trade 15:59:59 ET 2026-10-26 (regular session; official close 2026-10-23 $144.25) · captured 2026-10-26T19:59:59ZOct 26restated Oct 26Oct 26
APPAppLovin CorporationStrong Buy48% below fair value$504$260.74Oct 26$223 – $82475 Meridian score+26.0%at $279.20 · Report price $279.20 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:59:59ZOct 15restated Oct 26Oct 22
NFLXNetflix, Inc.Strong Buy28% below fair value$88.72$63.90Oct 26$49.65 – $14620 Meridian score+16.2%at $68.66 · Report price $68.66 · Oct 20, 2026 · Source: FMP quote, regular-session close (Robinhood last regular trade $68.67 at 19:59:59Z; after hours $64.66 at 20:59:02Z; previous close $69.85 on 2026-10-19) · captured 2026-10-20T20:00:00ZOct 20restated Oct 26Oct 22
UBERUber Technologies, Inc.Strong Buy27% below fair value$90$66.13Oct 26$35 – $14056 Meridian score+15.5%at $71.22 · Report price $71.22 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:59:59ZOct 15Oct 22
AMZNAmazon.com, Inc.Strong Buy24% below fair value$327$249.09Oct 26$120 – $55865 Meridian score+16.5%at $248.47 · Report price $248.47 · Oct 26, 2026 · Source: Robinhood last regular-session trade $248.47 at 2026-10-26 16:16:15 UTC; official close 2026-10-23 $248.00 (sip-list-exchange-close) · captured 2026-10-26T16:16:15ZOct 26restated Oct 26Oct 26
CRMSalesforce, Inc.Buy15% below fair value$291$247.61Oct 26$107 – $57286 Meridian score+14.2%at $247.55 · Report price $247.55 · Oct 26, 2026 · Source: Robinhood last regular-session trade 15:59:59 ET 2026-10-26 ($247.545; official close 2026-10-23 $248.57) · captured 2026-10-26T19:59:59ZOct 26restated Oct 26Oct 26
NVDANVIDIA CorporationBuy14% below fair value$251$216.00Oct 26$73.64 – $54479 Meridian score+15.2%at $214.91 · Report price $214.91 · Oct 16, 2026 · Source: Robinhood last trade (intraday; prior official close $217.23 on 2026-10-15, SIP) · captured 2026-10-16T19:20:54ZOct 16restated Oct 26Oct 22
CLSCelestica Inc.Buy12% below fair value$281$246.65Oct 26$111 – $62092 Meridian score+13.1%at $246.65 · Report price $246.65 · Oct 26, 2026 · Source: FMP historical-price-eod close, 2026-10-26 (alpha fmp fetch); FMP quote 246.40 at 20:00 UTC · captured 2026-10-26T20:00:00ZOct 26restated Oct 26Oct 26
MSFTMicrosoft CorporationHold3% below fair value$549$532.60Oct 26$298 – $80144 Meridian score+11.0%at $529.78 · Report price $529.78 · Oct 26, 2026 · Source: Robinhood last regular-session trade 2026-10-26 16:16:14 UTC (official close 2026-10-23: $524.51, sip-list-exchange-close) · captured 2026-10-26T16:16:14ZOct 26restated Oct 26Oct 26
MAMastercard IncorporatedHold3% below fair value$629$613.50Oct 26$362 – $96714 Meridian score+9.9%at $612.41 · Report price $612.41 · Oct 26, 2026 · Source: Robinhood last trade 2026-10-26 15:24:39 UTC (official close 2026-10-23: 623.60) · captured 2026-10-26T15:24:39ZOct 26restated Oct 26Oct 26
CRDOCredo Technology Group Holding LtdHold1% below fair value$153$151.15Oct 26$29.17 – $40688 Meridian score+13.4%at $147.98 · Report price $147.98 · Oct 23, 2026 · Source: Robinhood last regular-session trade at 10:13:45 ET; previous official close $162.77 (2026-10-22) · captured 2026-10-23T14:13:45ZOct 23restated Oct 26Oct 23
VSTVistra Corp.Hold1% below fair value$143$141.73Oct 26$63.88 – $2461 Meridian score+9.9%at $143.17 · Report price $143.17 · Oct 26, 2026 · Source: Robinhood last trade 13:21:38 ET 2026-10-26 (regular session; official close 2026-10-23 $140.16) · captured 2026-10-26T17:21:38ZOct 26restated Oct 26Oct 26
METAMeta Platforms, Inc.Hold3% above fair value$611$630.56Oct 26$265 – $97113 Meridian score+8.7%at $641.76 · Report price $641.76 · Oct 26, 2026 · Source: Robinhood last trade $641.7642 at 2026-10-26 16:24:39 UTC (official close 2026-10-23 $642.62) · captured 2026-10-26T16:24:39ZOct 26restated Oct 26Oct 26
AVGOBroadcom Inc.Hold4% above fair value$318$329.17Oct 26$164 – $63375 Meridian score+9.7%at $329.29 · Report price $329.29 · Oct 26, 2026 · Source: Robinhood last trade 12:57:08 ET 2026-10-26 (regular session; official close 2026-10-23 $321.68) · captured 2026-10-26T16:57:08ZOct 26Oct 26
GOOGLAlphabet Inc.Hold4% above fair value$304$316.80Oct 26$131 – $52768 Meridian score+9.3%at $319.65 · Report price $319.65 · Oct 26, 2026 · Source: Robinhood last trade (regular session) 2026-10-26 16:16:17 UTC; 2026-10-23 official close 320.21 · captured 2026-10-26T16:16:17ZOct 26restated Oct 26Oct 26
QCOMQUALCOMM IncorporatedHold5% above fair value$171$179.60Oct 26$56.51 – $32266 Meridian score+10.0%at $178.40 · Report price $178.40 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:59:59ZOct 15restated Oct 26Oct 22
LMTLockheed Martin CorporationHold7% above fair value$595$635.20Oct 26$322 – $90288 Meridian score+8.8%at $584.15 · Report price $584.15 · Oct 22, 2026 · Source: Robinhood last trade, intraday after the Q3 release (previous close $551.51 on 2026-10-21) · captured 2026-10-22T14:01:36ZOct 22restated Oct 26Oct 22
VEEVVeeva Systems Inc.Hold7% above fair value$296$318.18Oct 26$172 – $46889 Meridian score+7.7%at $318.34 · Report price $318.34 · Oct 26, 2026 · Source: Robinhood last trade 2026-10-26 17:15:55 UTC (official close 2026-10-23: 323.04) · captured 2026-10-26T17:15:55ZOct 26restated Oct 26Oct 26
ASMLASML Holding N.V.Hold8% above fair value$1,473$1,590.90Oct 26$580 – $2,61087 Meridian score+8.9%at $1,658.52 · Report price $1,658.52 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:59:59ZOct 15restated Oct 26Oct 22
TSMTaiwan Semiconductor Manufacturing Company LimitedHold14% above fair value$373$424.37Oct 26$186 – $62464 Meridian score+9.4%at $421.14 · Report price $421.14 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:01:47ZOct 15restated Oct 26Oct 22
NOWServiceNow, Inc.Hold17% above fair value$135$158.18Oct 26$53.39 – $23449 Meridian score+7.4%at $155.62 · Report price $155.62 · Oct 26, 2026 · Source: Robinhood last trade 2026-10-26 15:24:43 UTC (official close 2026-10-23: 158.96) · captured 2026-10-26T15:24:43ZOct 26restated Oct 26Oct 26
BRK-BBerkshire Hathaway Inc. (class B)Avoid18% above fair value$465$548.56Oct 26$369 – $56468 Meridian score+5.8%at $525.68 · Report price $525.68 · Oct 15, 2026 · Source: TradingView NYSE:BRK.B close · captured 2026-10-15T20:00:00ZOct 15Oct 22
MRVLMarvell Technology, Inc.Avoid24% above fair value$188$233.78Oct 26$32.77 – $44194 Meridian score+9.2%at $223.47 · Report price $223.47 · Oct 22, 2026 · Source: Robinhood last regular-session trade at 15:59:59 ET; the official close was not yet published. Previous close $244.76 (2026-10-21) · captured 2026-10-22T19:59:59ZOct 22restated Oct 26Oct 22
TEAMAtlassian CorporationAvoid31% above fair value$171$223.42Oct 26$63.17 – $37391 Meridian score+3.3%at $223.40 · Report price $223.40 · Oct 26, 2026 · Source: Robinhood last trade 15:59:59 ET 2026-10-26 (regular session; official close 2026-10-23 $227.61) · captured 2026-10-26T19:59:59ZOct 26restated Oct 26Oct 26
MUMicron Technology, Inc.Avoid34% above fair value$677$903.70Oct 26$213 – $1,575100 Meridian score+4.8%at $878.67 · Report price $878.67 · Oct 16, 2026 · Source: Robinhood last regular-session trade; official 2026-10-16 close not yet in the feed when read (re-read 2026-10-17) · captured 2026-10-16T19:59:59+00:00Oct 16restated Oct 26Oct 22
HPEHewlett Packard Enterprise CompanyAvoid39% above fair value$42.17$58.72Oct 26$14.72 – $64.9099 Meridian score+4.7%at $54.72 · Report price $54.72 · Oct 22, 2026 · Source: Robinhood last trade (intraday; official close $58.17 on 2026-10-21, SIP) · captured 2026-10-22T16:15:46ZOct 22restated Oct 26Oct 22
AMATApplied Materials, Inc.Avoid45% above fair value$268$387.59Oct 26$125 – $45342 Meridian score+1.4%at $409.29 · Report price $409.29 · Oct 16, 2026 · Source: Alpaca SIP daily bar close of the regular session ending 2026-10-16T20:00:00Z; Robinhood last regular-session trade 409.38 at 2026-10-16T19:59:59Z, +0.02%; FMP quote 409.29; read 2026-10-18 · captured 2026-10-16T20:00:00+00:00Oct 16restated Oct 26Oct 22
HOODRobinhood Markets, Inc.Avoid45% above fair value$64.14$92.84Oct 26$14.18 – $14340 Meridian score-0.7%at $98.54 · Report price $98.54 · Oct 20, 2026 · Source: FMP quote (intraday; previous close $96.52 on 2026-10-19) · captured 2026-10-20T17:58:43ZOct 20restated Oct 26Oct 22
LRCXLam Research CorporationAvoid45% above fair value$163$237.50Oct 26$62.38 – $27781 Meridian score+2.2%at $230.16 · Report price $230.16 · Oct 22, 2026 · Source: Robinhood get_equity_quotes, last regular-session trade 2026-10-22 19:59:59 UTC (15:59:59 ET); previous official close 260.81 on 2026-10-21; read 2026-10-22 21:29 UTC · captured 2026-10-22T19:59:59+00:00Oct 22restated Oct 26Oct 22
KLACKLA CorporationAvoid49% above fair value$100$149.21Oct 26$49.38 – $17321 Meridian score-0.9%at $165.74 · Report price $165.74 · Oct 16, 2026 · Source: Alpaca SIP daily bar close of the 2026-10-16 regular session, split-adjusted; Robinhood last regular-session trade 165.75 at 2026-10-16T19:59:59Z; both read 2026-10-18 · captured 2026-10-16T19:59:59+00:00Oct 16restated Oct 26Oct 22
BEBloom Energy CorporationAvoid49% above fair value$137$203.92Oct 26$27.38 – $36598 Meridian score+0.2%at $217.77 · Report price $217.77 · Oct 22, 2026 · Source: Robinhood, official close 2026-10-22 (SIP listing-exchange close); after the Q3 release it traded at $211.27 after hours (Robinhood, 2026-10-23 02:20 UTC) · captured 2026-10-22T20:00:00ZOct 22restated Oct 26Oct 22
CRWVCoreWeave, Inc.Avoid57% above fair value$35.26$55.19Oct 26$0 – $27148 Meridian score+1.7%at $63.33 · Report price $63.33 · Oct 19, 2026 · Source: FMP quote (intraday; previous close $61.39 on 2026-10-16) · captured 2026-10-19T15:40:58ZOct 19restated Oct 26Oct 22
MCHPMicrochip Technology IncorporatedAvoid59% above fair value$47.59$75.90Oct 26$17.66 – $91.0684 Meridian score+2.5%at $75.85 · Report price $75.85 · Oct 20, 2026 · Source: FMP quote, regular-session close (Robinhood official close $75.85, sip-list-exchange-close, 2026-10-20; previous close $74.43) · captured 2026-10-20T20:00:01ZOct 20restated Oct 26Oct 22
SITMSiTime CorporationAvoid62% above fair value$287$464.70Oct 26$31.62 – $77794 Meridian score+0.2%at $494.71 · Report price $494.71 · Oct 20, 2026 · Source: FMP quote (intraday; previous close $495.75) · captured 2026-10-20T17:20:42ZOct 20restated Oct 26Oct 22
SNDKSandisk CorporationAvoid67% above fair value$751$1,255.58Oct 26$406 – $1,16899 Meridian score-12.8%at $1,385.92 · Report price $1,385.92 · Oct 21, 2026 · Source: FMP quote, intraday (Robinhood read-only: last trade $1,385.15 at 18:48:06Z; official close 2026-10-20 $1,365.38) · captured 2026-10-21T18:47:51ZOct 21restated Oct 26Oct 22
DELLDell Technologies Inc.Avoid73% above fair value$270$467.09Oct 26$130 – $57999 Meridian score-1.6%at $461.30 · Report price $461.30 · Oct 16, 2026 · Source: Robinhood last trade (intraday; prior official close $473.39 on 2026-10-15, SIP) · captured 2026-10-16T19:20:50ZOct 16restated Oct 26Oct 22
PLTRPalantir Technologies Inc.Avoid73% above fair value$115$198.84Oct 26$41.96 – $22496 Meridian score-0.9%at $200.51 · Report price $200.51 · Oct 15, 2026 · Source: Robinhood last trade · captured 2026-10-15T19:59:59ZOct 15restated Oct 26Oct 22
ALABAstera Labs, Inc.Avoid74% above fair value$149$259.51Oct 26$38.50 – $36498 Meridian score+0.9%at $261.24 · Report price $261.24 · Oct 23, 2026 · Source: Robinhood last trade 10:18:23 ET, regular session; previous official close $257.82 (2026-10-22) · captured 2026-10-23T14:18:23ZOct 23restated Oct 26Oct 23
WDCWestern Digital CorporationAvoid78% above fair value$201$356.13Oct 26$60.41 – $48624 Meridian score-3.8%at $354.19 · Report price $354.19 · Oct 22, 2026 · Source: Official close 2026-10-22 (FMP quote; Robinhood read-only, SIP exchange close $354.19), before the results. After the results, Robinhood last extended-hours trade $337.63 at 2026-10-23T02:13:49Z · captured 2026-10-22T20:00:01ZOct 22restated Oct 26Oct 22
SPCXSpace Exploration Technologies Corp.Avoid80% above fair value$81.61$146.90Oct 26$31.37 – $298Not rated · failed the financial checks-2.4%at $147.79 · Report price $147.79 · Oct 20, 2026 · Source: FMP quote, regular-session close (Robinhood read-only: last regular trade $147.95 at 19:59:59Z, after-hours $150.95 at 20:44Z) · captured 2026-10-20T20:00:01ZOct 20restated Oct 26Oct 22
SHOPShopify Inc.Avoid103% above fair value$83$168.18Oct 26$36 – $13268 Meridian score-5.8%at $168.51 · Report price $168.51 · Oct 23, 2026 · Source: FMP quote; current snapshot · captured 2026-10-23T14:43:32ZOct 23Oct 23
AMDAdvanced Micro Devices, Inc.Avoid117% above fair value$245$531.28Oct 26$56.96 – $52595 Meridian score-2.8%at $529.95 · Report price $529.95 · Oct 26, 2026 · Source: Robinhood last trade 12:38:50 ET 2026-10-26 (regular session; official close 2026-10-23 $516.79) · captured 2026-10-26T16:38:50ZOct 26restated Oct 26Oct 26
INTCIntel CorporationAvoid190% above fair value$31.23$90.47Oct 26$1.91 – $65.0397 Meridian score-10.5%at $95.37 · Report price $95.37 · Oct 15, 2026 · Source: Robinhood, official 2026-10-15 close (SIP); last regular trade $95.30 at 19:59:59 UTC · captured 2026-10-15T20:00:00ZOct 15restated Oct 26Oct 22
SNOWSnowflake Inc.Avoid252% above fair value$95.22$334.95Oct 26$20.33 – $19987 Meridian score-12.0%at $320.28 · Report price $320.28 · Oct 23, 2026 · Source: Robinhood last regular-session trade at 13:07:37 ET; previous official close $313.96 (2026-10-22) · captured 2026-10-23T17:07:37ZOct 23restated Oct 26Oct 23
PEverpure, Inc.Avoid281% above fair value$34.50$131.33Oct 26$16.45 – $72.1096 Meridian score-18.8%at $122.30 · Report price $122.30 · Oct 23, 2026 · Source: Robinhood last regular-session trade; official settled close $121.20 on 2026-10-22 from SIP · captured 2026-10-23T14:18:56.879556614ZOct 23restated Oct 26Oct 23
MXLMaxLinear, Inc.MissingMissing$58.25Missing$2.28 – $155Not rated · not in the rated universe+10.7%at $63.12 · Report price $63.12 · Oct 23, 2026 · Source: Robinhood Trading MCP get_equity_quotes last_trade_price at 10:20 EDT during regular trading; official prior close $65.28 on 2026-10-22 · captured 2026-10-23T14:20:50.789874566ZOct 23restated Oct 26Oct 23