FUNDA (@FundaAI) / X

FUNDA

1,872 posts

FUNDA

@FundaAI

The full-stack research platform for public equity investors. funda.ai

substack.com/@fundaai

Joined November 2012

Pinned
FUNDA
@FundaAI
Jun 8
SpaceX is reportedly moving toward an IPO — and investors are starting to ask which public-market tickers stand to benefit most as the commercial space sector draws fresh capital. This is what Aerospace Catalyst Tracker is built to answer. The Play tracks the operational signals
00:00
11K
FUNDA
@FundaAI
11h
Research| $LITE : CEO Remarks Further Prove that Optics Players Have a Supply Problem, not Demand Lumentum CEO Michael Hurlston’s comments at the Mizuho conference further strengthen our view on the optics cycle. The market is misreading the normal engineering ramp for CPO as a
Lumentum Holdings Inc
LITE
$853.26
+3.83%
4.4K
FUNDA
@FundaAI
11h
Research|Commentary on Recent Discussion on CPO/800V HVDC Delay CPO - Concerns Likely Overblown; NPO Acceleration a Key Highlight There were several bearish views in the market recently on CPO and the broader optics supply chain. We believe concerns around the CPO timeline are
Wolfspeed Inc
WOLF
$43.42
-10.99%
5.9K
FUNDA
@FundaAI
11h
There's often a gap between what filings report and what behavior implies. How engagement patterns shift ahead of announcements. Whether accounting policy choices create comparability issues across peers. How incentive structures evolve when strategic priorities change. Where
3.5K
FUNDA
@FundaAI
Jun 8
Amazing work!
Paradis Labs
@ParadisLabs
Jun 8
Thrilled to have crossed over 50,000 followers last week! I have personally matched that total with a £50,000 donation to Action for Children. They do fantastic work supporting vulnerable kids in the UK, helping them live happy and fulfilling childhoods. As many you know, I
11K
FUNDA
@FundaAI
Jun 7
Weekly|Hightened Volatility, Coherent Lite + OCS, NVL576 NPO Optics Doubling, Glasswing Reshapes the Cyber Value Chain, Kioxia NAND Supercycle, PANW, PL, MRVL It’s an understatement to call the past week eventful. As Computex unwrapped in Taiwan, AI semi continued its relentless
Coherent Corp
COHR
$354.77
-0.33%
Lumentum Holdings Inc
LITE
$853.26
+3.83%
6.4K
FUNDA
@FundaAI
Jun 4
Deep|Glasswing/Mythos: AI-Native Cyber Capability Drives a Reshaping of the Cybersecurity Value Chain and Sector Divergence On June 2, Anthropic expanded Project Glasswing to nearly 200 partners. We do not view this as a simple expansion of a frontier-model pilot. Rather, we see
Palo Alto Networks Inc
PANW
$263.22
+1.04%
Microsoft Corp
MSFT
$397.36
-1.50%
CrowdStrike Holdings Inc
CRWD
$647.74
+0.44%
11K
FUNDA
@FundaAI
Jun 4
Most research stops at "what happened." The edge comes from understanding why — which drivers are repeatable, where concentration risk hides, how tone shifts quarter over quarter. 27 new SKILLs are now live on FUNDA reseaech platform — revenue decomposition, margin attribution,
5.4K
FUNDA reposted
Freda Duan
@FredaDuan
Jun 3
Capex/FCF -> Debt/Leverage Most ROI analysis on AI has focused on Big Tech capex and FCF. But as more companies approach zero or negative FCF, I think the focus needs to shift toward net debt and leverage. Given the ROI we are seeing from AI investments, I suspect companies
Alphabet Inc
GOOGL
$356.38
-2.16%
Meta Platforms Inc
META
$570.98
-2.33%
Amazon.com Inc
AMZN
$238.00
-2.53%
Freda Duan
@FredaDuan
Jan 16
Capex & FCF Tracker | 4Q25 Capex: $450B FY25E → $600B FY26E Capex as % of cash flow from operations (“CFO”): 60-80% for GOOGL, META, AMZN, MSFT; over 100% for ORCL Capex as % of Rev: more than doubling vs. pre-2023 CFO as % of Rev showing improving trends FCF Margin: Other
53K
FUNDA
@FundaAI
Jun 3
Deep|Coherent Lite Reshapes AI Optical Interconnects The industry’s prevailing narrative of Coherent Lite still largely centers on DCI/LR/campus interconnect: the 2–20 km reach segment, where a lower-cost, lower-power coherent solution replaces the conventional IMDD, which is
Lumentum Holdings Inc
LITE
$853.26
+3.83%
Coherent Corp
COHR
$354.77
-0.33%
AXT Inc
AXTI
$85.29
+8.84%
14K
FUNDA
@FundaAI
Jun 3
The semiconductor memory cycle has a timing problem. Sell-side consensus models for the DRAM supply-demand inflection largely ignore yield ramp realities, HBM wafer diversion, and the structural lag between capacity announcements and actual bit output. The gap between when the
00:00
11K
FUNDA
@FundaAI
Jun 3
This is absolutely thanks to Illiquid, who quickly conducted the research and built the model.
Illiquid
@illyquid
Jun 2
Funda sat me down in March and told me to spend less time on microcaps because there were companies called Kioxia and Marvell.
16K
FUNDA
@FundaAI
Jun 1
These past few days, I've been playing with our new Play every day. I keep scanning the strength and stage changes of different Narratives, and analyzing whether each one is in the ignition phase, spreading phase, crowded phase, or some other stage... Clearly seeing how each
00:21
FUNDA
@FundaAI
May 29
Markets don't move on data alone — they move on stories. The question is not just whether a narrative is right, but where it is in its lifecycle: just beginning to spread, already fully priced in, or somewhere in between. Most investors sense this intuitively, but lack a
11K