Analysis

Test the case

Analysis tests a claim against evidence and risk. The Wire names the signal; this desk holds the longer case.

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Research header — HBM rent before app monetisation

Analysis

Infrastructure Rent Prints Before App Revenue

The physical stack invoices first. Memory and packaging bill scarcity long before app software proves paid retention — and here is what would prove that wrong.

Speed to power research header — Second Order by TKN

Analysis

Speed to power: the AI trade's real bottleneck is a 2028 grid queue

Power queues, contracted nuclear and grid equipment are becoming AI's decisive bottleneck. This research maps speed-to-power beneficiaries and access routes for investors.