Celestica guided 2027 revenue to $40 billion, banks and Blackstone formed a $63 billion vehicle to buy Broadcom chips for Anthropic, Microsoft offered buyouts to roughly 60,000 staff, and Gavin Baker argued Anthropic's margins can rise as token prices fall.
Celestica reported Q3 revenue of $5.83 billion, up 83% year over year, and adjusted EPS of $3.30, both above the high end of guidance, per @CKCapitalxx's recap. It raised 2026 revenue guidance to $21.0 billion and issued an initial 2027 outlook of $40.0 billion, up 90%, with $21.50 of adjusted EPS. Its free-cash-flow outlook was lowered to $460 million on working capital for the 2027 ramp.
Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion transaction through a newly formed special purpose vehicle with committed financing to buy Broadcom XPU AI accelerators and networking for Anthropic, per the press release posted by @TheValueist; deliveries are expected to start in calendar 2027. Separately, S&P Global's Mark Habib said hyperscalers' leased data-center capacity and chip purchase commitments can sit outside reported liabilities.
Microsoft is offering voluntary exit packages to roughly 60,000 staff, per CNBC, and Bloomberg said it is retooling its workforce for AI. @FinnStockinger wrote that the reported offer covers over 25% of the workforce and is meant to free up cash for AI infrastructure spending. @jiahanjimliu called it Oracle's playbook of cutting headcount to raise free cash flow and borrowing against it to buy GPUs, and argued wider substitution would mean lower inflation and rates.
Gavin Baker argued that revenue per GPU can rise as token prices decline if per-GPU token throughput rises enough, so Anthropic's revenue and margins can both increase if GPU prices rise less than the product of the token-price decline and the throughput increase. He pointed to more performant GB300s and inference optimizations, starting from 90% inference gross margins. @frankdegods countered that models have never been more commoditized, which compresses margins.
An r/ValueInvesting author disclosed a recently built long position, arguing a ~$700m market cap against ~$300m of cash and ~$180m of TTM free cash flow is too cheap if earnings merely stabilize.
An r/wallstreetbets commenter reported a large lump-sum purchase of Micron shares at around $510.
An r/UraniumSqueeze sum-of-the-parts argues Cameco at $78.60 is above even a moon-case valuation; the author watches for entries near $44 and $32 and discloses long LEU and URNM calls.
@ren_stocks argued Nebius is the only neocloud with a balance sheet like a hyperscaler's, at 0.22x debt to market cap versus 1.17x for CoreWeave, and is waiting for earnings on November 12.
An r/StockMarket author flagged extreme customer concentration and $450B of near-non-cancellable cloud commitments in the S-1 and prefers waiting until after the IPO.
An r/wallstreetbets author holds 20 December $17.50 puts, arguing a 160% six-month rally on only 5% growth is unjustified, with mid-November earnings as the catalyst.
@goodalexander sold his entire bond position flat, saying he thought the "$38/hour" GPU story would de-risk things but it did not.