Sandisk’s elevation to market superstardom has been so abrupt that I half-expected someone to quietly admit they’d uploaded the wrong ticker. A 513% year-to-date return, a near-vertical three-month rally, and the red carpet rolled out for S&P 500 admission — it’s all very glamorous. But as investors cheer its coronation, I find myself more interested in what happens when the music stops, the lights come back on, and the industry returns to something resembling normality. That, in my view, is when we find out whether Sandisk is a genuine AI-era heavyweight or simply the accidental beneficiary of a very tight NAND market and a lot of index-driven enthusiasm. Sandisk surges as AI demands push storage into overdrive Margins Rebound — Real, But Fragile Sandisk’s margin improvement has been

A company minting money at Ferrari speed while being priced as if it’s due for retirement. $Tencent Holding Ltd.(TCEHY)$ continues to present one of the most entertaining mismatches between perception and reality in global tech. The market clings to a narrative of a fatigued Chinese conglomerate, yet the numbers depict a company in full command of its cash engine and quietly reorienting itself toward higher-margin, lower-regulation business lines. This isn’t a repair job. It’s a deliberate strategic shift carried out by a business that was already functioning beautifully. A giant quietly reshaping itself beneath the market’s gaze Valuation, Cash Flow, and the Persistent Mispricing Problem The latest million-share buyback on 26 November adds anoth

From Pandemic Pin-Up to Profit Powerhouse Zoom just reported 196% earnings growth on 4.4% revenue growth—and the market barely blinked. Only in tech could a company multiply its profits almost threefold and still be treated like yesterday’s novelty item. But beneath the market’s aloof shrug lies one of the most dramatic and, dare I say, underrated corporate evolutions of the post-pandemic era. Reinvention begins quietly, then reshapes everything beneath the surface Rather than chasing its former hyper-growth identity, $Zoom(ZM)$ has reimagined itself as something more stable, more efficient, and frankly more investable. The top line may now grow at a leisurely 4.4%, yet the company has become a masterclass in translating incremental revenue into out

If the last decade of tech was defined by who could build the biggest data centres, the next decade will be defined by who can run the most intelligence for the least money. And on that measure, I’m increasingly convinced $Alphabet(GOOGL)$ has engineered a structural advantage the market still only half understands. While competitors parade models like catwalk fashion, Alphabet has been busy constructing an AI machine room where it owns—and optimises—every wrench, cog, wire and circuit. In an industry finally waking up to the economics of inference efficiency, this matters immensely. What makes Alphabet interesting isn’t simply that it’s enormous. It’s that its vastness is now cohering into an economic engine: models designed for its own silicon,

How Holding a Decade-Old SG Dividend Champion Like Sembcorp Shapes My Compounding Engine I’ve held $Sembcorp Ind(U96.SI)$ for ten years, and somewhere along the way, my steady dividend stock became a teenager who quietly excels at everything I didn’t expect. What began as a reliable dividend play in Singapore has evolved into a subtle yet powerful growth engine for my portfolio. Thanks to tax-free dividends, every dollar I’ve received over the years has been able to reinvest at full strength, quietly compounding while the market chased flashier headlines elsewhere. A decade of quiet compounding pushing outward with deliberate strength The Compounding I Didn’t Realise I’d Built Reinvesting dividends sounds dull until you do the maths. A $10,000 p

Why the Sell-Off Happened Despite Both Companies Posting Excellent Quarters When $XIAOMI-W(01810)$ and $XPENG-W(09868)$ reported earnings, I half-expected a polite round of applause from the market. Instead, both stocks were thrown down the nearest lift shaft. Xiaomi delivered nearly 200% auto revenue growth with margins climbing to 25.5%. XPeng crossed 20% gross margin for the first time, hit record deliveries and narrowed its net loss. Yet the share prices behaved as if both firms had announced a surprise pivot into artisanal candle making. When great earnings meet markets in a particularly dramatic mood This was pure sentiment, not fundamentals. Investors came in hoping for immaculate guidance in an

CoreWeave’s backlog isn’t a sales forecast — it’s a revenue conveyor belt. And the striking thing, at least to me, is how few investors seem to grasp just how defensible that makes the business. This isn’t a polite queue of potential buyers; it’s a multi-year commitment from companies that literally cannot operate without the infrastructure $CoreWeave, Inc.(CRWV)$ provides. With revenue already growing at triple-digit rates and the AI infrastructure market still starved of supply, the backlog behaves less like future interest and more like revenue scheduled for arrival. In a sector where demand keeps sprinting ahead of supply, that’s as close to structural inevitability as you get. Where demand outruns supply, inevitability becomes the real advant

Racing Ahead While Others Change Tyres Solana has spent the past year reminding the market that speed still matters, even in an industry that often congratulates itself for progress that would make a snail impatient. With the token hovering around 136 dollars after a choppy stretch, it has not been the easiest asset for anyone prone to checking price charts before breakfast. Yet beneath the volatility sits a network evolving into something more substantial than a speculative trade. Solana is quietly carving out the rarest commodity in crypto: practical utility. Speed shaped into structure, revealing Solana’s emerging economic momentum Throughput That Isn’t Just a Party Trick Many blockchains claim to be fast, cheap and scalable in the same way every start-up claims to be revolutionising so

Why this rare-earth revival hinges on geopolitics, grit, and a dash of luck—rather than exponential economics. $MP Materials Corp.(MP)$ has become the unlikely star of 2025’s market drama—a rare-earth miner whose share price has rocketed more than 270% year-to-date, eclipsing the S&P 500’s modest 14% rise. It’s a performance more fitting of an AI darling than a company that literally digs things out of the desert. Yet investors appear convinced that MP sits at the crossroads of two irresistible forces: geopolitical urgency and the green-energy transition. The question is whether this is a sustainable business model—or just a policy-fuelled mania wrapped in patriotic packaging. Where geology meets geopolitics — and valuation defies gravity From D

AppLovin's September inclusion in the S&P 500 brought automatic prestige and passive inflows—but not immunity from gravity. Index membership signals scale and credibility, yet it doesn’t guarantee that growth can continue at breakneck pace. For a company that has grown from a mobile gaming adtech upstart to a $200 billion behemoth, the pressing question is whether Axon 2.0, its high-margin AI engine, can drive durable expansion beyond its core niche. S&P Inclusion: Momentum Versus Fundamentals The stock’s recent performance is remarkable. Shares have climbed more than 100% over the past year and a staggering 3,350% over three years, largely fueled by pandemic-era gaming demand and a rapid monetisation pivot via the original Axon platform. That extraordinary surge illustrates both t

Flipping houses at industrial scale sounds efficient in theory, but in practice it can feel a bit like juggling chainsaws while riding a unicycle. That’s Opendoor Technologies in a nutshell: a company demonstrating operational growth while still wrestling with the messy economics of home flipping. Its recent quarterly revenue of $915 million impressed the market, yet profitability remains elusive, and structural challenges have not disappeared. Innovation teeters where precision meets chaos — Opendoor’s daily reality Revenue beats, but the profit puzzle persists Opendoor’s revenue performance demonstrates the operational discipline the company has developed, yet margins remain thin. Gross profits reached $378 million, while operating margins lingered at roughly -7%, net losses totalled $31

BigBear.ai looks every inch the market darling, with a 224 per cent one-year return and a valuation that usually belongs to polished, enterprise-scale AI platforms. Yet the fundamentals tell a very different story. Revenue over the past twelve months sits at roughly $153 million, and quarterly sales are shrinking at an 18 per cent year-on-year pace. I see a company trying to grow into a valuation that assumes momentum it hasn’t yet earned, and the widening gap between its slowing top line and expanding cost base feels like a warning that ambition is outrunning execution. This is a business that has built a fast-moving narrative, but the financials haven’t kept pace with the headlines. Momentum dazzles — until the numbers start whispering doubt The numbers whisper caution while the price sh

From Eli Lilly’s metabolic muscle to Viking’s speculative edge, I’m pivoting towards a sector that feels less like a gamble and more like a prescription for market resilience. The market, much like a marathon runner who’s overtrained, is starting to wheeze. Valuations in tech are stretched, margins are thinning, and investors are once again pretending AI efficiency can outrun interest rates. I’m not buying it. Where markets tire, biology invents the next growth cycle With the Fed likely done cutting and tech multiples still stretched, investors are beginning to rotate into sectors with genuine pricing power and predictable cash flows — healthcare ticks both boxes. The next phase, in my view, will favour earnings resilience over multiple expansion, and few sectors combine pricing power, dem

Archer Aviation’s electric air taxis are no longer science fiction—they’re in production. The question isn’t whether they can fly. It’s whether they can make money. Where imagination meets engineering — the dream of flight reborn The Californian start-up has turned its futuristic vision into a tangible aircraft, and the market loves it. The stock is up more than 260% in the past year. But while Archer’s sleek eVTOLs (electric vertical take-off and landing aircraft) are edging closer to reality, the investment case still hinges on one thing: can the company make the leap from prototype to profitable business before gravity catches up? Scaling the Prototype Problem Archer’s future depends less on aerodynamics and more on execution. The company has proven its Midnight aircraft can fly; now it

Its membership flywheel and crypto comeback could unlock long-term compounding — once valuation and regulation stop arm-wrestling each other. When I look at $SoFi Technologies Inc.(SOFI)$ today, I see a company finally graduating from its glossy fintech phase into something resembling a credible digital bank. The numbers impress — revenue up 37.8% year-on-year, profit margins nearing 20%, and a 172% share price surge over the past year. But let’s be clear: this isn’t a buy-now story. It’s a buy-when story — a conditional long-term opportunity that depends on valuation cooling and regulation catching up with ambition. SoFi’s ecosystem spins, connecting banking, investing, and crypto seamlessly The Membership Engine: Where Growth Meets Margin SoFi’s

‘While Wall Street chases shiny AI newcomers, PayPal is quietly rebuilding its future—one algorithm at a time.’ When most investors hear AI stock, their minds jump to the usual suspects—$NVIDIA(NVDA)$, $Microsoft(MSFT)$, or perhaps OpenAI’s latest whisper partner. Rarely does anyone mention PayPal, that somewhat bruised fintech pioneer of the 2010s. Yet, while the market obsesses over the front-end glamour of generative models, $PayPal(PYPL)$ has been quietly engineering something altogether different: a back-end, intelligence-driven payments infrastructure that might just outlast the hype cycle. Quiet algorithms, loud results: where unseen intelligence moves the

This isn’t your average data centre story—it’s an evolving option on the world’s hunger for AI compute. When a stock climbs 350% in a single year, my first instinct is to check if I’ve already missed the party. Usually, I am. But $APPLIED DIGITAL CORP(APLD)$ stopped me mid-eye roll. Here’s a company that isn’t just selling exposure to AI—it’s selling the ground beneath it. In a world where $NVIDIA(NVDA)$ builds the brains of AI, Applied Digital is quietly assembling its body: land, power and modular campuses that hyperscalers can lease, scale, and pay handsomely for. Digital infrastructure becomes an option, not just concrete and wires That, to me, makes APLD less a tech stock and more a structured option

Q3 2025 shows a company quietly fixing its finances while investors wake up to more than just a short squeeze. --- It’s been a long nap for $Leggett & Platt(LEG)$ investors, but the latest quarter might finally be their wake-up call. The stock has sprung more than 15% in a single session, defying the usual logic of a 'sales miss equals sell-off' narrative. Instead, this mid-cap manufacturer of bedding components, furniture systems, and automotive interiors delivered something far more meaningful than revenue growth: balance-sheet credibility. A quiet spring awakening: balance sheets can bounce too As someone who has watched this company slide more than 60% in three years, I see Q3 2025 as less about beating expectations and more about proving t

Why Meta’s Earnings Tomorrow Could Reveal the Awkward Truth About AI Returns That Wall Street’s Been Avoiding There’s a certain irony about Meta. The company that popularised virtual reality may now be offering investors a reality check on artificial intelligence. As $Meta Platforms, Inc.(META)$ prepares to report earnings, I can’t help but think tomorrow’s results could do more than move the share price — they might quietly redefine how we value AI investment itself. AI reflections: where perception meets profit in Meta’s mirror Meta has quietly become the most defensible fortress in big tech. While competitors like Amazon and Microsoft have been racing to monetise AI infrastructure, Meta has let its advertising empire foot the bill. Its ad machi