The Index
400 dossiers
A research screener for every company we cover. Search a name or ticker, then sort and triage dossiers by coverage freshness, our conviction and trading relevance.
| The FY26 10-K turns the bull narrative into audited fact and the bear narrative into a footnote you can now read — $67.4B revenue, $638B RPO, but only 12% converts inside a year, −$23.7B FCF, $129.5B debt, a 13% workforce cut, and a $19B post-quarter purchase commitment; good news kept beating and the stock kept falling (~$166, −52% from peak), which is the whole thesis in one line. | — | 8 | |
C CoreWeavecatalyst in 45d | The story got bigger AND riskier since Jun 14. RPO leapt $60.7B→$99.4B and the cost of capital genuinely improved (first IG-rated HPC debt, A-, <6%); but net loss widened to $(740)M, capex guidance jumped to $31–35B, ~$8.5B of fresh 8.5–9.75% debt was raised post-quarter, and the prior "regulatory: clean" call is WRONG — multiple securities-fraud class actions are now live over concealed data-center delays. Still a leveraged bet on the AI-capex cycle wearing an infrastructure costume; fairly-to-richly priced at ~$96 (EV ~$86B). WATCH; the de-risking (IG debt, <30% non-IG backlog) is real but does not change direction — want a cheaper entry or a GAAP/FCF inflection before paying up. | — | 1 |