Microsoft Corp. (MSFT)
Pitch Summary: At this stage, I find myself genuinely conflicted about Microsoft, given its valuation and uncertainty about its future returns. On the one hand, I recognize the hype surrounding AI and acknowledge that excitement alone could continue to drive the stock higher. However, the company’s substantial spending on data centers to support its AI […]
Applied Digital Corp (APLD)
Pitch Summary: Pivoted from a potato farm to a failed bitcoin miner and then to a low-cost AI service provider; the stock promotion by a significant shareholder; BSD Analysis: Applied Digital develops data centers catering to high-performance computing and crypto mining. The short case points to overreliance on volatile crypto demand, questionable long-term contracts, and […]
Applied Digital Corp (APLD)
Pitch Summary: The actual transaction was for the benefit of the CEO, who deceived investors by getting rid himself of a failing business plus his personal debts; lofty and missing financial forecasts; BSD Analysis: Applied Digital develops data centers for high-performance computing and crypto mining. Shorts cite overreliance on volatile crypto demand, capital intensity, and […]
