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23:00
Jun 23
IPO 1ST
Unitree will dominate via cheap scale moat.
Unitree is building cheap, capable humanoid and quadruped robots, dominating the research/hobbyist market with 67% gross margins at $27k pre‑tax. They aggressively price, iterate rapidly, and leverage China's Shenzhen supply chain ecosystem (similar to DJI and BYD) to create a durable economies‑of‑scale moat. As robotics demand explodes, Unitree is positioned to lead the global humanoid market and deliver strong business performance.
IPO LONG
MED
23:00
Jun 01
AMZN 1ST
AWS token-as-a-service margins are superior.
AWS's operating margins are rising because of a growing mix of token-as-a-service (Bedrock) driven by Anthropic, which has much higher margins than GPU-as-a-service. Amazon's workload mix advantage allows it to expand margins even during massive capacity expansion, unlike competitors facing margin pressure from asset-heavy GPU service models.
AMZN LONG
HIGH
00:55
May 06
META 1ST
Meta's compute advantage will widen gap.
Meta will pull away from Chinese AI companies like DeepSeek and Kimi because they have a massive compute advantage, having signed huge deals and rebuilt their AI team, and the amount of compute is a key input to model quality. This gap will become evident in the second half of 2026 or first half of 2027.
META LONG
MED