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 Update - Nov. 5, 2025 Perplexity AI deal completely changes the investment story when combined with subscriptions. The AHs trade at $9 is just the start of the AI rally.  -Starting in early 2026, Perplexity will appear in the chat interface for Snapchat users around the world, the companies said. -Perplexity will pay Snap $400M over one year, through a combination of cash and equity, as the company rolls the service out globally. Snap expects revenue from the partnership to begin contributing in 2026. Original article posted on Aug. 8 Snap's post-earnings slump is overdone; the market is ignoring strong subscription growth and undervaluing future revenue streams. The social messaging subscription business is gaining traction, with nearly 16 million subscribers and new higher-priced tiers like Lens+ and Platinum boosting potential revenue. Despite weak ad growth, Snap's Q3 guidance beats consensus, and the stock trades at a deep discount compared to peers like Pinterest and Re...

  Roku is positioned for strong growth, turning $100 into a solid support level after robust Q3'25 results. ROKU's platform revenues surged 17%, outpacing user engagement growth, with monetization initiatives expected to drive higher ARPU and revenue. The streaming platform is accelerating profits, with EBITDA nearly doubling by 2027 and a substantial cash hoard supporting share repurchases and future investments. Investors should view any pullback to $100 as a buying opportunity, given ROKU's multi-year growth trajectory and innovative monetization strategies. Roku, Inc.  ( ROKU ) traded at $100 heading into earnings, and the stock appeared doomed to another selloff. The market appeared disappointed with the guidance for the current quarter, but the company highlighted strong growth driver turning the  resistance at $100 into strong support going forward. My  investment thesis  remains ultra Bullish on Roku, with the streaming platform continuing to drive stron...

Update - Oct. 30, 2025  Roblox reported massive Q3'25 growth with bookings up 70% to $1.9 billion. The stock is down roughly 10% with the market lost focusing on GAAP revenue and net loss metrics, which don't fully incorporate billings.  Q3 Net loss of $257M Revenue of $1.4B (+23.9% Y/Y)  misses by $300M . Bookings up 70% Y/Y to $1.9B Average Daily Active Users 151.5M (+70% Y/Y) The mobile gaming platform reported bookings grew nearly $500 million above the record levels in Q2. The market cap has dipped to $82 billion and the company is likely to see 2026 bookings estimates reach $8+ billion next year, so the stock trades at ~10x forward bookings.  Roblox isn't historically cheap, but this level of bookings growth will warrant higher valuation multiples.  Original article posted on Sept. 9  Roblox remains a top growth story, but the stock is now priced for perfection after a major run. The immersive gaming platform faces more child safety lawsuits and ...

Update - Oct. 28, 2025  The big AI deals just keep coming. -TeraWulf shares jumped 20% in Tuesday morning trading after the company said it struck a 25-year AI compute joint venture with Fluidstack to build 168 megawatts of high-performance computing ("HPC") capacity at its Texas campus. -The deal represents about $9.5B in contracted revenue to the joint venture, with TeraWulf holding a 51% stake. It's possible the lease term may be shortened to 20 or 15 years. The total cost of the project is expected to be $8M-$10M per MW of critical IT load. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Original article posted on Oct. 9  TeraWulf is quickly transitioning from bitcoin mining to a digital infrastructure provider, securing major AI hosting contracts and Google backing. WULF's expanded deal with Fluidstack and a $3.2 billion Google commitment position the company for $...

Update - Oct. 23, 2025 Intel  beats weak guidance and hardly grows during an AI chip boom, market cheers anyway with weak guidance for Q4. The market just seems to get dumber and dumber. -Q3 Non-GAAP EPS of $0.23 beats by $0.22. -Revenue of $13.7B (+3.2% Y/Y) beats by $560M. Q4 Guidance  Revenue guidance of $13.4B vs. consensus of $13.37B EPS guidance of $0.08 consensus of $0.08 Original article posted on Oct. 7 Intel has surged despite no fundamental improvements in its foundry business or AI capabilities, making the rally appear irrational. The chip company has signed deals with Nvidia and the U.S. government for cash infusions provides liquidity but do not solve the lack of HPC foundry customers or AI solutions. IFS continues to report massive losses, and competitors like AMD and TSMC show no signs of meaningful collaboration with INTC on premium chips. The stock is extremely expensive at over 30x '27 EPS targets, investors are advised to use the rally to exit positions as ...

Update - Oct. 22, 2025 Avride gets a $375 million investment from Nebius Group (NBIS) and Uber Tech. (UBER). The company owned by Nebius is actively planning to launch a robotaxi service with Uber in Dallas and already has delivery robots in Jersey City, Austin and Dallas.  Nebius has slipped below $100 as the hot stocks continue to selloff this week. The stock is cheap compared to the large AI growth opportunities in the next few years with Avride and other investments mostly overlooked.  The stock definitely has some short-term trading risk on whether the gap is closed all the way to just above $60. The Microsoft home-run deal would seem to provide more support, but possibly not.  Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Update - Oct. 2, 2025 Nebius jumps over $120 on more details from the big Microsoft deal. The market appears overly concerned Microsoft isn't...