Finance
The Economy and Technology Sector of Modern Uzbekistan
An overview of modern Uzbekistan's economy with an emphasis on the tech sector, IT, and foreign investment.
Finance
Finance
Kratos Defense, After the CCA Loss: Funded Backlog, Dilution, and the Affordable Mass Thesis
Kratos grew revenue 18.5% to $1.35B in FY2025 yet posted a 1.9% operating margin and negative free cash flow. A skeptical look at the growth thesis.
Finance
The Liquidity Illusion: Reconciling Marginal Pricing with Fundamental Valuation in Constrained Float Scenarios
Market cap reflects marginal pricing, not liquidation value. IPO floats inflate valuations and fundamental analysis reveals true worth.
Finance
The Economy and Technology Sector of Modern Vietnam
In-depth analysis of Vietnam's 2026 economy: semiconductor surge, $200bn tech revenue, FDI shifts, and regulatory updates.
Minerals
Gentung Browns Lake Tungsten Mine (2026): Non-China Supply, Defense Demand, and Allied Tungsten Reindustrialization
Gentung–Browns Lake offers investors a strategic U.S. tungsten restart tied to defense demand, but permitting and technical gaps remain.
Industry
Mongolia Economy & Technology Sector Report 2026: Mining, Fintech & Digital Growth
Mongolia's mining-driven economy faces a pivotal shift as fintech and digital infrastructure accelerate. Analysis of Oyu Tolgoi, 5G rollout, and geopolitical strategy.
Finance
SanDisk's NAND Flash Bet: The Storage Pure-Play Riding the AI Memory Shortage
SanDisk, the flash pure-play spun off from Western Digital, rides the AI NAND shortage on a $42B backlog. Cyclicality is the risk.
Finance
Kyrgyzstan Economy & Tech Sector 2026: GDP Growth, IT Exports, and Digital Code Analysis
Kyrgyzstan's 2025 GDP surged 11.1% as IT exports hit $186M. Full analysis of the Digital Code, investment risks, and market dynamics.
Finance
Shanghai Sinyang (SZSE:300236): A Wet-Chemicals Compounder Priced as a Photoresist Bet
Sinyang's copper-plating and wet-clean franchise drives real earnings; its ArF photoresist is qualification-stage optionality, not scaled revenue.
Science
Ultrasonic Full-Body Scans, Wellness Spas, and the Science Behind the Spectacle
Ultrasonic CT uses no X-rays, and the prototype runs about 20 minutes, not the 60 seconds claimed. We separate the science from the pitch.
Aerospace
EHang's EH216-S and VT35: Inside the World's Only Certified Pilotless Passenger eVTOL Program
EHang holds the world's only certified pilotless passenger eVTOL. We assess the EH216-S, the VT35, and whether autonomy can scale beyond China.
Finance
SpaceX IPO: What $1.77 Trillion Actually Buys (SPCX)
Our sum-of-the-parts finds $700B–$1.1T of reasonable value in SPCX. The remaining trillion rests on Starship, orbital compute, and Grok.