Azimuth Research

Strategic US Equities Quant | Deep Value Investor | Prediction Market Arbitrageur

[Azimuth Research @AzimuthRsrch]

Ahead, this week:

5 days. 5 catalysts. This is a monster week for the U.S. economy. Here’s what moves markets. A thread 👉🏼

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

*BESSENT THREATENS TO GIVE IRAN FREE SUBSCRIPTION TO JIM CRAMER INVESTING CLUB AS ECONOMIC WAR ESCALATES - NY POST.

[based16z @based16z]

Permanent Underclass Meetup at the Amex Centurion Lounge

[Azimuth Research @AzimuthRsrch]

@GMN_watch Pre earnings

[Shane Parrish @shaneparrish]

My interview with @nejatian, CEO of Opendoor.

This is a rare look inside a turnaround, while it's happening. It's raw, real, and violent.

Kaz took over $OPEN when it was months away from bankruptcy. His wife shipped a mattress to the office and told him not to come home until he had a plan to break even.

Some of what he told me:
• "All success is unique, but all failures rhyme."
• The most dangerous people in a company are competent but not mission aligned.
• Meetings are a bug in the system.
• The comfortable lies that sink a company are the same ones that sink careers (and countries).

(Shane and guests may hold positions in assets discussed in this episode. Nothing in this conversation should be considered investment advice, financial guidance, or a recommendation to buy or sell any security.)

[Rob Moore @robprogressive]

If your parents made 40k in the 1990s, you’d need to make 170k to have the same lifestyle in 2026

So 170k is the new 40k
This should absolutely shock you

[Azimuth Research @AzimuthRsrch]

@Polymarket How has no one asked: WHERE in Texas?

[michael @mchlhess]

House hunting in SF is going great

[Montana Magnet @USAC_Bull]

$UAMY JUNE 2026

[Azimuth Research @AzimuthRsrch]

@USAC_Bull Why stock down

[Montana Magnet @USAC_Bull]

The government keeps ordering antimony from $UAMY.

$10M last fall. $15.4M June 9th. Another $30M last Friday.

Biggest single order yet. 😤

[Azimuth Research @AzimuthRsrch]

“I will be buying anyone shares if they sell”

No, you won’t, broke bitch 🤡
$nbis

[Kaz Nejatian @nejatian]

I just counted and half the folks at @opendoor eng leadership meeting now are ex @ycombinator founders.

[Vu Tran @vu0tran]

Why I joined Opendoor and why you should too if you want to work on AI.

Few industries stand to gain more from AI than real estate.

Closing a single home takes 30-60 days. Why? One transaction touches law, insurance, title, contractors, utilities, inspections, phone calls and emails across dozens of parties.

And the complexity is ancient. Property law LITERALLY traces back nearly a thousand years to medieval England. Records and rules differ county by county. There are ~50,000 (!!!) water systems alone in the US, each with its own process to turn service on.

It's one of the messiest, most human, most coordination heavy markets there is. Which is exactly why it's a great place to build AI

[david friedberg @friedberg]

if @elonmusk paid 100% of his net worth ($1.4 trillion) as a tax it would only cover federal government spending for 77 days. this isn’t a tax problem…

[@jason @Jason]

RIP @JoshuaBaer

Joshua was a relentless supporter of founders and Austin

He was positive, fun, and filled with joy.

A true friend who relentlessly supported me over the past 20 years we knew each other.

[TrendSpider @TrendSpider]

2025 revenue

Amazon $AMZN: $747 billion
SpaceX $SPCX: $18 billion

[Azimuth Research @AzimuthRsrch]

But hey “check your 401k,” right?

[The Kobeissi Letter @KobeissiLetter]

American consumers are now facing 7%+ mortgage rates, 4.2%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.

Meanwhile, US CPI inflation continues to follow a similar trajectory as the late 1970s.

Will history repeat itself?

[Azimuth Research @AzimuthRsrch]

@FeroceResearch Incredibly interesting point about memory shortage

[Azimuth Research @AzimuthRsrch]

@jimcramer Dude. Unexpected? You mean that these companies fell to multi-year lows from AI fears that in many cases are at least paused or unsubstantiated in how they threaten the software companies

[Azimuth Research @AzimuthRsrch]

@elonmusk @Indian_Bronson We just also have to reproduce much faster than the bottom 5-10%, too