Tesla's Cybercab fleet could earn far more lifetime profit per vehicle from repeat rides than from selling the car, if the vehicles stay busy and costs stay low. Cybercab and Robotaxi should provide most of Tesla's long-term value, so today's valuation extremely underestimates their earnings potential. Scaling still requires safety, approvals and profit after vehicle, charging, cleaning, insurance and maintenance costs. Letting owners add cars to the network would be checkmate. x.com
A 3-4% annual dividend could help memory stocks rerate by attracting dividend investors and trillions in equity-income strategies, if the big three start paying one. Micron, Samsung Electronics and SK hynix should generate enormous operating profits in 2027 despite slower growth than in 2026. The big three will buy back at least $300-400B in 2027, possibly more, though the amount depends on the split with special dividends. x.com
Apple's iPhone upgrade cycle is just getting started because the full iPhone 18 Pro launch and $1,999 foldable have yet to arrive. iPhone sales grew 22% last quarter; the latest quarter brought $57.6bn in iPhone revenue despite just nine days of iPhone 18 Pro sales, while revenue of $114.5bn and EPS of $2.10 beat expectations. Rising memory costs still test margins, and December guidance is the next test of whether the cycle can carry into 2027. Overweight, $380 target. x.com x.com
A stock-for-stock SpaceX offer may not deliver its headline premium to Tesla holders because merger arbitrage selling could depress SpaceX shares before closing. The Marvell-Lumentum deal illustrates the risk: an initial 24% premium shrank as Marvell shares fell, leaving Lumentum below its pre-rumor price. A SpaceX-Tesla deal could take as long; even a guessed 20-25% initial premium may be whittled down. x.com x.com x.com
Tesla's AI5 chip will enable unsupervised FSD and lift its robotics portfolio. Once shipped in mid-2027, vehicle sales will surge to 4M+ a year, Robotaxi will expand exponentially and Tesla revenue will reach $200B+ a year. Growing FSD subscriptions and Robotaxi revenue should push gross margin past its 25.6% peak in 2027, with $30B in gross profit projected. Current numbers are better than they appear because high-margin tax-credit revenue has nearly vanished. x.com x.com x.com x.com x.com
Intel's EMIB-T slip should be brief because a systemic process bottleneck looks likelier than a severe MediaTek design error. MediaTek's CEO said the key yield issue was identified and is being fixed with Intel and the substrate maker; the market prices the design-error case. Switching to CoWoS would take 12-18 months and require supply. With external customers and financing secured, plus improving 18A/14A yields, Intel's rise is unstoppable despite the setback. x.com x.com x.com
Ethereum's growing on-chain financial base makes $10K ETH look attainable. Some $158B in stablecoins already lives on Ethereum, and tokenized stocks there reached $827M, up 170% in a year. Wall Street is choosing the chain; dismissing $10K could mean buying at $8K instead. x.com
Tesla's sudden Robotaxi launch in Fort Worth is a monumental development that Wall Street is about to recognize. The city became a Robotaxi market seemingly overnight, taking everyone by surprise; more surprises may follow. x.com x.com x.com
Gold's different returns make iShares Gold Trust Micro the top diversifier for VOO or QQQM. It rose in nine of the S&P 500's ten worst quarters since 1971, but does not always rise when stocks fall. Next: Avantis U.S. Small Cap Value adds profitable small caps; iShares Bitcoin Trust offers upside at a small 1-5% weight but may raise volatility; Schwab U.S. Dividend Equity adds dividends/value, not a crash hedge; Invesco International Developed Momentum adds overseas momentum. x.com
Fears after the FTX crash did not end crypto exchanges or stop Bitcoin's multiyear bull run. The Binance hack should bring a similar wave of crypto-market FUD over the next few weeks, including claims that Satoshi's holdings or ETF holdings could be stolen, but this time should be no different. x.com