Alpha Scope

Trump Bessemer Group boosted its position by 248.3%, adding an additional 1,281,915 shares. This brings their total holdings to 1,798,162 shares, valued at approximately $275.46 million at the end of the reporting period. Bank Julius Baer & Co. increased its stake by 290.8%, purchasing an additional 205,486 shares. They now hold 276,155 shares worth roughly $42.38 million. Trump's ServiceNow purchase was part of a cluster of high-conviction tech trades, with the transaction value landing in the $1 million to $5 million range.

$NOW is catching some ROCKET FUEL as Trump, Bessemer Group, and Bank Julius Baer & Co. Ltd Zurich disclosed large stakes in Service Now! Looking at $NOW here is why it's looking like a strong buy. FCF, Cash from Operations, EBITDA, and Revenue they resemble textbook, linear graphs, increasing every year consistently. Debt to equity: 0.2 with rock sold balance sheet. PE ratio is 53 TTM but historically it has traded at much higher PEs, and sometimes negative PEs. Its current PE is roughly 45% cheaper than its 12-month average of 96.4x and 82% lower than its 7-year historical average. Also, this is the longest that NOW has been profitable and consistently churning out positive, growing earnings. So even though its stock price has been falling its earnings have been rising. Strong Financial Performance: ServiceNow grew its Q1 subscription revenue by 22% year-over-year to $3.67 billion. Profitability: The firm maintains a strong non-GAAP operating margin of 32% and a stellar gross margin of 76.6%. Market Divergence: Despite consistently beating corporate guidance and expanding its autonomous AI footprint, macro sector rotation and a compression of software multiples have dragged the stock price down into a historically cheap buying territory.

$MRAM doubled its market cap in 3 days to almost $1B!!! Trading at over 3,000 times earnings. All hype or exponential potential? This is definitely a sympathy play for those that missed the memory stocks. Everspin is also benefitting from having he word "RAM" in its ticker symbol. But MRAM (the memory) is NOT like DRAM. However! There is an edge case that could see Everspin exponentially BOOM and gain market share in the long term. Let us explain. MRAM is a niche product used in industrial and aerospace sectors. The exponential potential is the transition of MRAM into high-volume AI hardware. AI systems at the "edge" (robots, autonomous cars, smart sensors) require memory that is instant-on, non-volatile (remembers data when power cuts), and extremely durable. Traditional Flash memory wears out too fast for these frequent AI updates, and SRAM is volatile (loses data). If MRAM becomes the standard for Edge AI devices, Everspin's TAM expands from hundreds of millions to multibillions. Capturing even 1% of the legacy NOR Flash or SRAM market (valued at ~$3-4B) would imply a revenue increase of 60%+ for Everspin. Another use case for growth comes from licensing. As major chipmakers (TSMC, Samsung, Intel) build their own embedded MRAM for AI chips, they may need to license patents to avoid infringement. Everspin holds a massive portfolio of foundational MRAM patents. Licensing revenue is nearly 100% profit margin. If MRAM becomes standard in AI chips, Everspin could collect royalties from the entire industry, similar to how ARM Holdings collects royalties on mobile chips. But both of these cases are definitely best case scenarios. Be careful and size accordingly.

$INTC up 237% YTD > Declining FCF, EBITDA, Cash from Operations, Net Income, Profit, Gross Profit Margin. > P/E -200 > Revenue CAGR: 3y -29%, 5y -41%, 10y -6.7% Priced for perfection and hyper growth. Can Intel get back on track?