Daily ideas

Nvidia's reported move from 12-high to 8-high HBM could yield about 1.5 times more stacks per scarce DRAM wafer, shifting demand toward packaging and inspection.

Prologis ended Q2 at 95.5% occupancy with 6.4% net-effective same-store NOI growth; Q3 must show whether its 17% lease mark-to-market can endure.

More than 1 million cars now run ADAS or autonomy features on Snapdragon Ride, showing scaled deployment while revenue impact remains undisclosed.

TSMC's Q2 2026 revenue reached US$40.2 billion with a 67.7% gross margin; the next results must show whether the fast 2nm ramp can preserve margins.

Equifax launched 54 AI-embedded products in the first half, expanding its customer offering, but it did not disclose their adoption or revenue.

U.S. Bancorp's Q2 net interest income rose 7.5% as margin reached 2.79%; Q3 will test whether deposits, BTIG and Amazon can sustain the gains.

IBEX says its AI customer service resolved over 40% of requests for BJ's Wholesale with CSAT above 4.7, but revenue and margin impact remain undisclosed.

Charles Schwab's Q2 net revenue rose 21% to $7.072 billion with a 3.00% net interest margin; Q3 will test whether lending can replace funding-cost repair.

Descartes' GroundCloud AI camera rollout added about $3.5 million in very low-margin Q3 hardware revenue, while future subscription gains remain unquantified.

RingCentral says ACE has more than 6,300 customers, up over 70% year over year, but it has not disclosed the product's standalone financial contribution.

Chewy posted 7.7% sales growth and a 7.5% EBITDA margin; its next results must test whether customer gains can fund veterinary expansion.

Alkami attached its Segment predictive marketing AI to 37 of 39 new client contracts in 2025, widening its commercial reach without proving usage or revenue.

ASML posted Q2 2026 sales of €9.326 billion at a 54.0% gross margin; the decisive Q3 question is whether EUV output, mix and service growth can hold.

AUTO1 Group linked faster trading with a 24% inventory reduction, but did not isolate the contribution from its AI pricing and trading system.

CarMax's fiscal Q1 revenue rose 6.2% while net income fell 11.8%; the decisive question is whether volume, finance and cost savings can offset lower unit margins.

Lemonade uses AI to allocate acquisition spending while Q2 2026 LTV/CAC stayed above 3x, though the algorithms' incremental return is undisclosed.

BlackRock ended Q2 with $15.3 trillion of AUM and a 45.9% adjusted margin; Q3 must show whether private markets and technology can sustain the mix shift.

Hitachi says AI improved domestic IT service productivity by 10%, expanding delivery capacity, but its revenue and profit impact remains unquantified.

Bank of America earned $9.07 billion in Q2 as revenue rose 15%; Q3 will test whether NII, fee durability, efficiency, and buybacks can coexist.