⁠App Economy Insights
🛡️ Cybersecurity Earnings

Earnings season revealed AI tailwinds across all layers of the tech stack:

🤖 Chips $NVDA $AMD
☁️ Cloud $AMZN $MSFT $GOOG
📱 Applications $META $CRM $ADBE

Now, cybersecurity has become one of the most impacted categories. 👇
https://t.co/hqyautS6Xt
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⁠Quiver Quantitative
Canada just released images of a UFO shot down over Alaska last year. The object appears to be a small balloon with a payload, with similarities to the Chinese spy balloon over the US in 2023.

With more objects being sent into space daily, incidents like this will rise, and the need for reliable tracking is growing fast.

BlackSky ( $BSKY ) is one company that is trying to meet this demand. Earlier this year, they secured a multi-million dollar Department of Defense contract to track space objects in real time.

They recently raised $40 million through a share offering, diluting existing shareholders and lowering their market cap to $75 million. It should be noted that competition in the satellite imagery space is growing, making it tough for companies to stand out.

We’ll be keeping an eye on this. Follow along here for updates.
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⁠Stock Analysis Compilation
Artisan Partners on Elastic $ESTC US

Thesis: Elastic’s robust AI-driven solutions and flexible platform make it a promising bet in the evolving AI and data analytics landscape

(Extract from their Q2 letter) https://t.co/GOsMY9SfS4
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⁠Librarian Capital
"Google ordered to open Android to app store rivals after court loss" (FT)

$GOOG cannot:

Pay dev. to launch app 1st or only in Play Store
Force customers to use in-house billing system
Strive revenue share deals with mobile makers to pre-install Play Store or not install rivals https://t.co/w0wvQDXwmq

Google ordered to open Android to app store rivals after court loss https://t.co/zxN2EMG0Fk - Financial Times
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⁠Librarian Capital
Hypothesis: $IWG is leveraged bet on non-prime office

Only unwanted properties sign with IWG
No scale advantage beyond city-level
So tough competition, tight margins
Downside partly limited by SPVs

For IWG to make money, rent must rise more than what their own leases priced in https://t.co/XOgpl72foU
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⁠Quiver Quantitative
Wisconsin's Senate race is now a toss-up.

The GOP challenger, Eric Hovde, might be the first member of WallStreetBets in Congress.

He had capital gains of up to $2M from GameStop, $GME, last year.

He had gains of up to $3.1M from $AMC.

He also traded stock in Bed, Bath, and Beyond and PacWest Bank.

It looks like he has sold almost all of his GameStop and AMC stock.

We estimate that his net worth is ~$320M.

You can track politicians' portfolios live on Quiver.
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⁠Stock Analysis Compilation
Broyhill AM on Baxter $BAX US

Thesis: Baxter’s durable portfolio and expected 4-5% organic growth present a significant re-rating opportunity, as the stock is trading at a substantial discount to peers.

(Extract from their Q2 letter) https://t.co/8HpT74g7Vz
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⁠Quiver Quantitative
RT @InsiderRadar: 🚨Insider Trading Alert

Shattuck Labs Inc, $STTK, sees large insider buy:

🔹CEO: ~$44,220 purchase on Oct 7
🔹Largest insider purchase by the CEO in 3+ years

Shares are up 14.16% today since the purchase https://t.co/MNxQ02E2zA
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⁠Librarian Capital
Asset mgmt. businesses are driven by AUM
Alpha's only one of many ways to get AUM

Ideas pitched by promoters often crash, because they are typically bad stockpickers

But they may have made the right decision in which skill to develop

That said, you don't have to listen to them
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⁠Quiver Quantitative
Hindenburg Research just shorted Roblox stock and called it a “hellscape for kids”

Nancy Pelosi owns $160K of Roblox stock, per our estimates.

This could be interesting. https://t.co/BlOSaQfnHq
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