To The Moon

Vale’s Q3 iron ore production reached 90.97 million metric tons, the highest since 2019, up 12.9% quarter-over-quarter. Production gains in copper and nickel rose 9.3% and 68.8% respectively, supported by operational improvements in Sossego and Sudbury. Declining iron ore prices, driven by reduced Chinese demand, cut realized prices 7.7% quarter-over-quarter to $90.6 per ton. Rising freight and operational costs, alongside a $956 million provision for the 2015 Mariana dam incident, pressured margins. Premium adjustments on high-grade iron ore mitigated some losses, helping Vale offset declining market prices amid demand fluctuations. Monty Rakusen Investment Thesis Since our last coverage, V

Palantir’s customer base grew 71% from December 2022 to September 2024, reaching 629 customers, driven by strong commercial demand. Commercial customer growth surged 91.5% from Q4 2022 to Q3 2024, positioning Palantir to reduce reliance on government contracts. U.S. commercial customers saw 124.5% growth over the same period, highlighting Palantir’s successful expansion in its domestic market. SBC remains high, reaching $142.4 million in Q3 2024, limiting profitability and diluting shareholder value. With RSI at 81.66, Palantir's stock is overbought, suggesting a potential pullback; current valuation offers a profit-booking opportunity. piranka Investment Thesis As a long-time bull on Palantir (NYSE:PLTR), I’ve seen my conviction in this i

Data Center revenue hit $3.5 billion in Q3 2024, growing 122% year-over-year, fueled by AI demand. Ryzen processors drove Client segment revenue to $1.9 billion, a 29% year-over-year increase, bolstering AMD’s profitability. Data Center operating income soared 240% to $1.041 billion, reflecting strong margins and high-demand products like EPYC CPUs. Gaming revenue dropped 69% to $462 million, while Embedded fell 25%, impacting AMD’s growth diversification. AMD trades near $140, with a technical target of $196, bolstered by November’s favorable seasonality and momentum indicators. da-kuk/E+ via Getty Images Investment Thesis Since our last coverage, Advanced Micro Devices, Inc. (NASDAQ:

PYPL's technical target is revised to $96 by year-end, supported by recent earnings momentum and alignment with key Fibonacci levels. PayPal’s transaction volume grew by 1.47 billion from Q1 2022 to Q3 2024, showing stable user growth and engagement. EPS increased 146% from Q1 2022 to Q3 2024, reflecting effective cost management and improved profitability margins. The forward price-to-sales ratio of 2.5 is 58.52% below its five-year average, highlighting significant undervaluation potential. Non-GAAP operating income grew by 18% YoY in Q3 2024, despite a slight revenue growth deceleration to 6%. JasonDoiy Investment Thesis Since our last coverage, PayPal Holdings, Inc. (NASDAQ:

Meta’s Q3 revenue surged 19% year-over-year to $40.6 billion, driven by strong ad performance and AI integration. Operating margin improved to 43% from 40% last year, reflecting operational efficiency despite high CapEx guidance of $38-40 billion. AI and Reality Labs investments remain central to Meta’s growth, with AI enhancements boosting ad relevancy and user engagement. Meta’s stock target stands at $625, supported by technical levels and improving fundamentals within its core advertising business. grinvalds/iStock via Getty Images Investment Thesis Meta Platforms, Inc. (NASDAQ:META) recently announced surprisingly strong Q3 2024 results, inc

Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management improvements. Core Ultra 200V and 200S processors address AI demand in mobile and desktop markets, with a projected 100 million AI PCs by 2025. The x86 Ecosystem Advisory Group boosts software compatibility, accelerating the adoption of AI-compatible Intel-based systems. Intel’s independent foundry unit targets new clients backed by AWS investments and U.S. government funding. Intel faces intense competition from Nvidia, production delays, and financial strain from workforce cuts and unproven foundry ventures. tupungato Investment Thesis Intel Corporation (NASDAQ:INTC) is stepping up its game with a powerful combinatio

SMCI's stock fell over 45% following governance issues and auditor EY’s resignation, highlighting significant risks. Ernst & Young cited concerns over SMCI's "integrity and ethical values," heightening scrutiny on financial controls and governance. Scenarios range from appointing a Big Four auditor and timely filing to regulatory scrutiny and potential NASDAQ delisting. A loan amendment with Cathay Bank grants SMCI until Dec. 31 to file financials but requires $150M in cash reserves. SMCI’s ongoing issues suggest a wait-and-see approach until governance is improved, and a credible auditor is appointed. peshkov Investment Thesis Since our last coverage of Super

Visa achieved an 8% YoY increase in Q4 payments volume, driven by stable U.S. demand and strong international growth. Cross-border volume rose 13% YoY, with e-commerce fueling a 15% increase in card-not-present transactions, underscoring digital demand. Processed transactions grew 10% YoY, strengthening Visa’s market dominance and aligning with its FY 2025 growth guidance. Value-added services reached $2.4 billion, a 22% YoY increase, highlighting Visa's successful diversification beyond traditional payment processing. Regulatory scrutiny over Visa’s market dominance, particularly in U.S. debit transactions, poses ongoing legal and revenue risks. FinkAvenue Investment Thesis Since our last cove

Q2 2024 sales fell sharply to $15.1 million from $35.9 million, primarily due to ACP funding cuts. Gross profit dropped to a -$3.4 million loss in Q2 from a $10 million profit in Q2 2023. Transition to non-subsidized LinkUp Mobile raised costs to retain 280K subscribers, straining cash reserves and profit margins. SG&A expenses surged 101% year-over-year in Q2, driven by stock compensation and consulting fees, worsening cash flow. The announced $5 million stock buyback (~16.5% of market cap) signals management’s confidence, despite ongoing financial challenges. Black_Kira Investment Thesis Given recent developments, we update our investment thesis for SurgePays (NASDAQ:SURG) to reflect heightened caution. Our

Summary Intel targets over $10 billion in savings by 2025, reducing OpEx to $17.5 billion — a 20% cut. Plans to decrease workforce by over 15% by 2025, aiming to streamline operations and boost profitability. Intel’s Panther Lake and Lunar Lake CPUs target the AI PC market, which is expected to exceed 50% by 2026. Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Intel aims to regain process leadership with Intel 18A by 2025, but execution risks lead to a hold rating. tupungato/iStock Editorial via Getty Images Investment Thesis Last month, we evaluated whether Intel Corporation (NASDAQ:INTC) has