The Company Scope

Investing news, company deep dives, and market breakdowns. No hype, just the numbers.
Charts I use:

[The Company Scope @TheCompanyScope]

A deep dive on $BE.
Bloom Energy just posted a record quarter.
Revenue up 138%. Guidance raised for the 3rd time this year.
The AI power trade, by the numbers:

[The Company Scope @TheCompanyScope]

@KobeissiLetter Breadth is the tell: rallies that broaden last longer than ones carried by 10 names. 61% above the 50-day is healthy — the question is whether it holds through the next CPI print.

[The Company Scope @TheCompanyScope]

@BrianFeroldi Fair valuation for a 2.7/5 business is the trap — at $28 you're paying for the brand, not a moat. The buy case needs energy growth to re-accelerate. That's the whole bet.

[The Company Scope @TheCompanyScope]

@StockMKTNewz A $750M cash deal for boxed mac and cheese. Incumbents aren't innovating anymore — they're buying growth off the shelf. And the employees got rich doing it.

[The Company Scope @TheCompanyScope]

@BrianFeroldi Buffett's whole filter in one image: gross margin >40%, net margin >20%, cash > debt. Most stocks fail at line one — which of these does your portfolio actually pass?

[The Company Scope @TheCompanyScope]

@KobeissiLetter 17 people captured $87B in 9 months. The US-China split is nearly even — $132B to $89B. That's the whole AI trade.

[The Company Scope @TheCompanyScope]

@BrianFeroldi EBITDA pretends capex is free. EBT charges for interest and taxes first. That's the whole difference — and why Buffett trusts one and not the other.

[The Company Scope @TheCompanyScope]

@StockMKTNewz @Fiscal_ai 13.6M subscribers, up from 7.2M a year ago. Nearly doubled in a year — the quiet compounding machine inside SpaceX.

[The Company Scope @TheCompanyScope]

@KobeissiLetter Net long down to $1.7B from $8.5B. When the short side gets this crowded, the risk flips — the squeeze becomes the trade.

[The Company Scope @TheCompanyScope]

@BrianFeroldi Studying teaches you the setup.
Doing teaches you the drawdown.
Most investors only learn the second lesson with real money.

[The Company Scope @TheCompanyScope]

@StockMKTNewz The top 10 are worth $29.6T, down from $29.99T.
That's ~$390B erased in a week.
Concentration giveth, concentration taketh.

[The Company Scope @TheCompanyScope]

Family premiums: $28,303, a record
Up 26% vs CPI +13%
That's not inflation. That's a pay cut, compounding since 1999.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The average cost of a family’s annual health insurance premium in the US is up +$1,303 YoY, or +5%, to a record $28,303.

This marks the 4th consecutive annual increase of at least +$1,300.

Over this period, the average annual premium for family coverage has surged +$5,884, or +26%.

To put this into perspective, CPI inflation has risen +13% over the same period, or half as much.

Since 1999, the average health insurance premium for a family has soared +$22,494, or +387%.

This represents an average annual growth rate of +6.1%, well above CPI inflation at +2.6% over the same period.

Health insurance has never been more expensive.

[The Company Scope @TheCompanyScope]

@StockMKTNewz Leveraged ETFs aren't investments, they're daily bets that decay. $10K to $0.04 is the math working exactly as designed — never hold them.

[The Company Scope @TheCompanyScope]

@KobeissiLetter 27 years of chip deflation, reversed in one AI cycle. PPI +26% YoY isn’t a blip — it’s the cost of the buildout landing on every buyer downstream.

[The Company Scope @TheCompanyScope]

@StockMKTNewz That's concentration in one stat. The index isn't the market anymore — a handful of winners are carrying the other 9 sectors.

[The Company Scope @TheCompanyScope]

@BrianFeroldi Valuation 2/5 is the whole story. ROST rarely trades cheap — the question is whether Phase 4 quality is worth paying up for.

[The Company Scope @TheCompanyScope]

@stevenfiorillo Comparing $SOFI's growth to $HOOD only works if you adjust for the model — lending revenue and trading revenue behave nothing alike in a drawdown. Same growth rate, different risk.

[The Company Scope @TheCompanyScope]

@stevenfiorillo Core PCE at 3.01% and the Fed already hiked in September.
Back-to-back hikes in six weeks — that's the whole trade.

[The Company Scope @TheCompanyScope]

@StockMKTNewz When heads of state are the marginal buyer, the cycle isn't over.
$NVDA
Sovereign AI demand is a bid nobody modeled.
Who's next in line?

[The Company Scope @TheCompanyScope]

@StockMKTNewz 388 filings since mid-August
That's ~6 per day
Single-theme ETFs are the industry's new fee machine —
the product is the marketing.

[The Company Scope @TheCompanyScope]

@StockMKTNewz Scalpers don't pay $448 over retail for a flop.
$AAPL
Beijing just delivered the foldable's first demand data point.