{"name":"The Grant Bishop Index","count":294,"as_of":"2026-11-10","questions":[{"slug":"chips","group":"AI compute","question":"Who makes the chips, and the tools to make them?","deck":"The companies that design and make the chips the AI build runs on, and the machines, materials and software used to make them.","tests":["W-6","W-2"]},{"slug":"data-centers","group":"AI compute","question":"Who builds and equips the data centers?","deck":"The companies that build, cool, wire and run the data centers where AI computing happens.","tests":["W-3","W-2"]},{"slug":"power","group":"AI compute","question":"Who supplies the power?","deck":"The companies that generate it, move it, or fuel it: power plants, pipelines, uranium, solar, batteries, and the grid equipment in between.","tests":["W-3"]},{"slug":"defense","group":"AI compute","question":"Who supplies the rebuilding of defense?","deck":"The companies that make the aircraft, ships, electronics and systems that defense budgets are being rebuilt around.","tests":[]},{"slug":"tax-law","group":"AI compute","question":"Whose economics did the 2025 tax law change?","deck":"The companies whose costs or incentives the 2025 federal tax-and-spending law changed.","tests":[]},{"slug":"proprietary-data","group":"AI compute","question":"Who holds data the public web cannot reach?","deck":"The companies whose own data, in law, finance, health or information, is out of reach of the public web.","tests":["W-7"]},{"slug":"finance","group":"AI compute","question":"How are financial firms changing with AI?","deck":"Banks, asset managers and exchanges whose work AI tools are beginning to change.","tests":["W-7"]},{"slug":"ai-spreads","group":"AI compute","question":"Who may gain as AI spreads through other businesses?","deck":"The companies that may gain indirectly as AI spreads through the businesses they serve.","tests":["W-7"]},{"slug":"ai-itself","group":"AI compute","question":"Whose business is AI itself?","deck":"The companies whose business is building AI itself: the models, the chips designed for it, and the products built on it.","tests":["W-6"]},{"slug":"weight-loss-drugs","group":"Metabolic medicine","question":"Who makes the new weight-loss drugs?","deck":"The companies that make, or are developing, the GLP-1 medicines for weight loss.","tests":["W-7"]},{"slug":"drug-supply","group":"Metabolic medicine","question":"Who supplies the making and delivery of the drugs?","deck":"The companies that make the ingredients, devices and capacity the new drugs need to be made and delivered.","tests":["W-7"]},{"slug":"sales-shrink","group":"Metabolic medicine","question":"Whose sales may the drugs shrink?","deck":"Food, drink, tobacco and restaurant companies whose sales depend on habits the new drugs may change.","tests":["W-7"]},{"slug":"sales-grow","group":"Metabolic medicine","question":"Whose sales may the drugs grow?","deck":"The companies whose products may sell more as the new drugs and health trends spread: fitness, apparel, travel and healthier food.","tests":["W-7"]},{"slug":"care","group":"Metabolic medicine","question":"Whose care and services may the drugs change?","deck":"The providers of care, testing and treatment whose demand may change as the drugs spread.","tests":["W-7"]},{"slug":"customers-adjust","group":"Metabolic medicine","question":"Which businesses must adjust as their customers change?","deck":"Airlines, insurers, landlords and other businesses whose customers may change as the drugs spread.","tests":["W-7"]},{"slug":"beyond-us","group":"Metabolic medicine","question":"Who carries the drugs to markets outside the United States?","deck":"The drugmakers and distributors outside the United States through which the drugs reach new markets.","tests":["W-7"]},{"slug":"drug-science","group":"Metabolic medicine","question":"Whose science sits close to the new drugs?","deck":"The companies whose science, in peptides and hormone medicine, sits close to the new drugs.","tests":["W-7"]},{"slug":"longevity","group":"Metabolic medicine","question":"Who works on longer, healthier lives?","deck":"The companies working on extending healthy life.","tests":["W-7"]},{"slug":"minerals","group":"The rest of the frame","question":"Who mines and refines the minerals under the build?","deck":"The miners and refiners of copper, lithium, rare earths, uranium and the other minerals under computing and power, and the funds that hold them.","tests":[]},{"slug":"settlement","group":"The rest of the frame","question":"Who runs the new settlement rails?","deck":"The exchanges, brokers and issuers running stablecoins, tokenized funds and the new payment rails.","tests":[]},{"slug":"robotics","group":"The rest of the frame","question":"Who is taking AI into machines?","deck":"The companies building robots, the parts that move them and the software that guides them.","tests":["W-7"]},{"slug":"space","group":"The rest of the frame","question":"Who launches, and who builds in orbit?","deck":"The companies that launch rockets, build satellites and supply defense in orbit.","tests":[]},{"slug":"hard-assets","group":"The rest of the frame","question":"Who holds the hard assets?","deck":"Gold and silver miners, the funds that hold the metals, and the funds that hold bitcoin.","tests":["W-1"]}],"claims":[{"id":"W-1","claim":"This inflation is coming from broken supply, not from too much money. While it lasts, owning the broad market is not the hedge our earlier views assumed.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/inflation-from-broken-supply"},{"id":"W-2","claim":"The summer sell-offs on beat-and-raise reports are the market paying less for earnings, not the businesses failing. They reverse when the price of money stops rising.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/market-pays-less-for-earnings"},{"id":"W-3","claim":"Spare rented computing capacity moves work around; it does not cancel new power and cooling construction, which follows capital spending, not chip scarcity.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/spare-compute-does-not-stop-power-building"},{"id":"W-4","claim":"Candidate claim: windfall oil revenue in the Gulf is flowing into government-backed AI infrastructure, which is why that demand has separated from the rented-compute market.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/gulf-oil-money-and-the-ai-build"},{"id":"W-5","claim":"The Warsh Fed tightens into this inflation rather than looking through it, and the pressure on stock prices from the rising price of money continues at least through year-end.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/fed-keeps-raising-into-inflation"},{"id":"W-6","claim":"Spending on the AI build is running ahead of the revenue it produces.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/ai-spending-ahead-of-revenue"},{"id":"W-7","claim":"Businesses keep adopting AI, but the economy-wide productivity lift does not arrive before 2028.","status":"OPEN","url":"https://grantbishop.pages.dev/claims/ai-productivity-not-before-2028"}],"companies":[{"ticker":"AAON","name":"AAON","url":"https://grantbishop.pages.dev/index/AAON","sells":"AAON makes heating, ventilation and air-conditioning equipment for data centers and other large buildings, including the cooling systems that keep computing hardware running.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BUD","name":"AB InBev","url":"https://grantbishop.pages.dev/index/BUD","sells":"AB InBev brews and sells beer worldwide, including Budweiser and Corona.","why":"We follow it because its sales depend on drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-03-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AGCO","name":"AGCO","url":"https://grantbishop.pages.dev/index/AGCO","sells":"AGCO makes tractors and harvesting equipment for farmers.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AMD","name":"AMD","url":"https://grantbishop.pages.dev/index/AMD","sells":"Advanced Micro Devices designs processors and graphics chips for data centres and PCs, along with AI accelerator chips.","why":"We follow it because its business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ASX","name":"ASE Technology","url":"https://grantbishop.pages.dev/index/ASX","sells":"ASE Technology packages and tests semiconductor chips for other companies.","why":"We follow it because it makes the chips, or the tools and materials for chips, that the AI build runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"20-F","filed":"2026-04-01"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ASTS","name":"AST SpaceMobile","url":"https://grantbishop.pages.dev/index/ASTS","sells":"AST SpaceMobile builds satellites that let ordinary phones connect directly to cellular networks from orbit.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ABCL","name":"AbCellera","url":"https://grantbishop.pages.dev/index/ABCL","sells":"AbCellera sells antibody discovery services and drug-candidate platforms to biotech and pharmaceutical customers.","why":"We follow it because it may gain indirectly as AI spreads through the drug-research businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ABT","name":"Abbott","url":"https://grantbishop.pages.dev/index/ABT","sells":"Abbott makes diagnostic tests, medical devices, nutrition products and diabetes monitors that hospitals and patients use daily.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ABSI","name":"Absci","url":"https://grantbishop.pages.dev/index/ABSI","sells":"Absci is a clinical-stage drug developer that uses artificial intelligence to design its own antibody medicines, led by a candidate for hair loss and endometriosis.","why":"We follow it because it may gain indirectly as artificial intelligence spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-11"},"reports_next":{"date":"2026-11-12","kind":"expected"},"reports_next_text":"12 Nov · expected, per Nasdaq"},{"ticker":"ADBE","name":"Adobe","url":"https://grantbishop.pages.dev/index/ADBE","sells":"Adobe sells creative and document software such as Photoshop and Acrobat.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-22"},"reports_next":{"date":"2026-12-09","kind":"expected"},"reports_next_text":"9 Dec · expected, per Nasdaq"},{"ticker":"AVAV","name":"AeroVironment","url":"https://grantbishop.pages.dev/index/AVAV","sells":"AeroVironment makes small drones and loitering munitions, sold mainly to military customers.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its business supplies that effort.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-09-10"},"reports_next":{"date":"2026-12-08","kind":"expected"},"reports_next_text":"8 Dec · expected, per Nasdaq"},{"ticker":"APD","name":"Air Products","url":"https://grantbishop.pages.dev/index/APD","sells":"Air Products sells industrial gases such as oxygen, nitrogen and hydrogen, plus the equipment that produces them, supplying basic inputs that chipmakers and data centres need.","why":"We follow it because it supplies materials and gases used to make the chips that the AI build runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ALB","name":"Albemarle","url":"https://grantbishop.pages.dev/index/ALB","sells":"Albemarle mines and refines lithium, a key ingredient in the rechargeable batteries used in electric vehicles and grid storage.","why":"We follow it because the race to build computing power also depends on the minerals that sit beneath that hardware.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GOOG","name":"Alphabet","url":"https://grantbishop.pages.dev/index/GOOG","sells":"Alphabet, Google's parent, earns most of its money from search and YouTube advertising, sells cloud computing services, and funds artificial intelligence research.","why":"We follow it because its business sits among the companies whose business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ALT","name":"Altimmune","url":"https://grantbishop.pages.dev/index/ALT","sells":"Altimmune develops experimental drugs for obesity and liver disease.","why":"We follow it because its business is in GLP-1 weight-loss medicines, which are changing what people eat and drink.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-12"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MO","name":"Altria","url":"https://grantbishop.pages.dev/index/MO","sells":"Altria sells cigarettes and smokeless tobacco in the United States.","why":"We follow it because its business sits among the companies whose sales depend on habits the new weight-loss drugs may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AMZN","name":"Amazon","url":"https://grantbishop.pages.dev/index/AMZN","sells":"Amazon runs online stores, an advertising business and Amazon Web Services, which rents out computing, storage and artificial intelligence services on demand.","why":"We follow it because its business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AAL","name":"American","url":"https://grantbishop.pages.dev/index/AAL","sells":"American Airlines sells passenger flights, including regional routes flown by contracted partners.","why":"We follow it because its customers may change how they travel as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AMGN","name":"Amgen","url":"https://grantbishop.pages.dev/index/AMGN","sells":"Amgen sells biologic medicines such as ENBREL and Otezla.","why":"We follow it because its business sits among the companies the new weight-loss drugs may change.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AMKR","name":"Amkor","url":"https://grantbishop.pages.dev/index/AMKR","sells":"Amkor provides chip packaging and testing services that connect silicon dies to circuit boards.","why":"We follow it because it makes the chips, or the tools and materials for chips, that the AI build runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"APH","name":"Amphenol","url":"https://grantbishop.pages.dev/index/APH","sells":"Amphenol makes connectors and interconnect systems that link chips, circuit boards and servers together.","why":"We follow it because it builds and supplies the hardware that data centers need for the AI build-out.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AR","name":"Antero Resources","url":"https://grantbishop.pages.dev/index/AR","sells":"Antero Resources produces natural gas from wells in the Appalachian Basin, supplying fuel for power generators.","why":"We follow it because the power needed to run AI, rather than the chips themselves, now sets the pace of data center construction, and Antero supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"APO","name":"Apollo","url":"https://grantbishop.pages.dev/index/APO","sells":"Apollo is an asset manager that runs private credit, pension and insurance money.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AAPL","name":"Apple","url":"https://grantbishop.pages.dev/index/AAPL","sells":"Apple designs and sells consumer devices such as the iPhone and Mac, with AI features built into them.","why":"We follow it because its business sits among the companies building AI products themselves.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"APLD","name":"Applied Digital","url":"https://grantbishop.pages.dev/index/APLD","sells":"Applied Digital builds and leases data centers that house high-powered computing equipment for artificial intelligence customers.","why":"We follow it because its business is artificial intelligence itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ARES","name":"Ares","url":"https://grantbishop.pages.dev/index/ARES","sells":"Ares is an alternative asset manager whose private credit and investment funds lend to and invest in mid-sized companies.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ARRY","name":"Array Technologies","url":"https://grantbishop.pages.dev/index/ARRY","sells":"Array Technologies makes solar tracking systems that tilt panels toward the sun to generate electricity.","why":"We follow it because the power needed to run AI, not the chips themselves, now sets the pace of data center buildouts, and its hardware supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ASND","name":"Ascendis Pharma","url":"https://grantbishop.pages.dev/index/ASND","sells":"Ascendis Pharma sells approved medicines and develops others using its TransCon technology, which applies to proven parent drugs.","why":"We follow it because its business sits among the companies whose science is close to the new weight-loss drugs.","questions":[{"slug":"drug-science","question":"Whose science sits close to the new drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-02-11"},"reports_next":{"date":"2026-11-11","kind":"expected"},"reports_next_text":"11 Nov · expected, per Nasdaq"},{"ticker":"ALAB","name":"Astera Labs","url":"https://grantbishop.pages.dev/index/ALAB","sells":"Astera Labs designs chips and connectivity hardware that move data quickly between processors, memory and servers in AI data centres.","why":"We follow it because it makes the chips, or the tools and materials for chips, that the AI build runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TEAM","name":"Atlassian","url":"https://grantbishop.pages.dev/index/TEAM","sells":"Atlassian sells software that teams use to plan, track and document their work.","why":"We follow it because it holds workflow data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-K","filed":"2026-08-14"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AUR","name":"Aurora Innovation","url":"https://grantbishop.pages.dev/index/AUR","sells":"Aurora Innovation develops the Aurora Driver, a self-driving system of hardware, software and data services for trucks and other vehicles.","why":"We follow it because AI is moving from software into machines that work in the physical world, and Aurora may benefit as that spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ADSK","name":"Autodesk","url":"https://grantbishop.pages.dev/index/ADSK","sells":"Autodesk sells design and engineering software to architects, builders, and manufacturers.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-11-24","kind":"expected"},"reports_next_text":"24 Nov · expected, per Nasdaq"},{"ticker":"BWXT","name":"BWX Technologies","url":"https://grantbishop.pages.dev/index/BWXT","sells":"BWX Technologies makes nuclear reactor components and fuel for the US government and navy.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q/A","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BAC","name":"Bank of America","url":"https://grantbishop.pages.dev/index/BAC","sells":"Bank of America provides banking, lending and wealth services to consumers and businesses, and it holds large amounts of customer data.","why":"We follow it because it holds data the public web cannot reach, and AI tools may be able to get more value from that data for the bank that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BRBR","name":"BellRing Brands","url":"https://grantbishop.pages.dev/index/BRBR","sells":"BellRing Brands sells branded ready-to-drink protein shakes and other protein products, and it markets them to build consumer demand.","why":"We follow it because weight-loss drugs and health trends may create demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":{"date":"2026-11-17","kind":"expected"},"reports_next_text":"17 Nov · expected, per Nasdaq"},{"ticker":"BSY","name":"Bentley Systems","url":"https://grantbishop.pages.dev/index/BSY","sells":"Bentley Systems sells software that engineers use to design, build and operate roads, bridges and utilities.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BRK.B","name":"Berkshire Hathaway (Class B)","url":"https://grantbishop.pages.dev/index/BRK.B","sells":"Berkshire Hathaway is a holding company that owns insurance, railroad, utility and consumer businesses.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BLK","name":"BlackRock","url":"https://grantbishop.pages.dev/index/BLK","sells":"BlackRock manages investment funds and portfolios for institutions and individuals, and uses data and automation tools in its asset management work.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BKSY","name":"BlackSky","url":"https://grantbishop.pages.dev/index/BKSY","sells":"BlackSky sells satellite imagery and real-time geospatial intelligence to governments and defense customers.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BX","name":"Blackstone","url":"https://grantbishop.pages.dev/index/BX","sells":"Blackstone is a private equity and real estate investment firm that manages money for institutional clients.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BE","name":"Bloom Energy","url":"https://grantbishop.pages.dev/index/BE","sells":"Bloom Energy makes fuel cells that generate electricity on-site from natural gas or hydrogen, supplying power to data centers and other large computing facilities.","why":"We follow it because the power needed to run AI, not the chips themselves, now sets the pace of data center construction, and Bloom supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q/A","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BLMN","name":"Bloomin' Brands","url":"https://grantbishop.pages.dev/index/BLMN","sells":"Bloomin' Brands owns casual dining chains such as Outback Steakhouse.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BA","name":"Boeing (defense)","url":"https://grantbishop.pages.dev/index/BA","sells":"Boeing builds military aircraft, missiles and satellites for governments.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and Boeing's business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BAH","name":"Booz Allen","url":"https://grantbishop.pages.dev/index/BAH","sells":"Booz Allen sells consulting, analytics and technology services to U.S. government agencies, mainly in defense and intelligence.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any single earnings season, and its business supplies that spending directly.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AVGO","name":"Broadcom","url":"https://grantbishop.pages.dev/index/AVGO","sells":"Broadcom designs custom AI accelerator chips and high-speed networking silicon that link processors together.","why":"We follow it because it makes the chips, or the tools and materials for chips, that the AI build runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-10"},"reports_next":{"date":"2026-12-10","kind":"expected"},"reports_next_text":"10 Dec · expected, per Nasdaq"},{"ticker":"BKD","name":"Brookdale","url":"https://grantbishop.pages.dev/index/BKD","sells":"Brookdale operates senior living communities that provide housing and care for older adults.","why":"We follow it because its residents and their families may change how they spend on care and housing as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"BAM","name":"Brookfield","url":"https://grantbishop.pages.dev/index/BAM","sells":"Brookfield Asset Management is a global alternative asset manager that invests investors' capital in infrastructure, real estate and energy.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"AI","name":"C3.ai","url":"https://grantbishop.pages.dev/index/AI","sells":"C3.ai sells enterprise software that helps large companies build and run artificial intelligence applications.","why":"We follow it because its business is artificial intelligence itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-09"},"reports_next":{"date":"2026-12-02","kind":"expected"},"reports_next_text":"2 Dec · expected, per Nasdaq"},{"ticker":"CACI","name":"CACI","url":"https://grantbishop.pages.dev/index/CACI","sells":"CACI sells technology services, software and engineering to US government defense and intelligence agencies, supplying national security programs.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and CACI's business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-K","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CME","name":"CME","url":"https://grantbishop.pages.dev/index/CME","sells":"CME Group runs futures and options exchanges where traders buy and sell contracts on interest rates, commodities, and stock indexes.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CVS","name":"CVS / Aetna","url":"https://grantbishop.pages.dev/index/CVS","sells":"CVS Health runs retail drugstores, pharmacy benefit services, and Aetna health insurance.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CPB","name":"Campbell Soup","url":"https://grantbishop.pages.dev/index/CPB","sells":"Campbell Soup sells packaged soups, snacks and sauces.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-K","filed":"2026-09-24"},"reports_next":{"date":"2026-12-08","kind":"expected"},"reports_next_text":"8 Dec · expected, per Nasdaq"},{"ticker":"COF","name":"Capital One","url":"https://grantbishop.pages.dev/index/COF","sells":"Capital One is a bank that makes credit cards and loans, using large amounts of customer transaction data to run that business.","why":"We follow it because it holds data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CTRE","name":"CareTrust REIT","url":"https://grantbishop.pages.dev/index/CTRE","sells":"CareTrust REIT owns healthcare properties such as skilled nursing facilities and senior housing, and leases them to operators rather than providing care itself.","why":"We follow it because its tenants may change what they pay for as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CG","name":"Carlyle","url":"https://grantbishop.pages.dev/index/CG","sells":"Carlyle is a global private equity firm that raises and manages investment funds.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CCL","name":"Carnival","url":"https://grantbishop.pages.dev/index/CCL","sells":"Carnival sells cruise vacations on ships it operates around the world.","why":"We follow it because weight-loss drugs and health trends may change the demand for the leisure travel it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CAT","name":"Caterpillar","url":"https://grantbishop.pages.dev/index/CAT","sells":"Caterpillar makes heavy construction and mining machinery, plus the diesel generators that power data centers.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CELH","name":"Celsius","url":"https://grantbishop.pages.dev/index/CELH","sells":"Celsius makes calorie-free energy drinks and sells them through retailers.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"COR","name":"Cencora","url":"https://grantbishop.pages.dev/index/COR","sells":"Cencora distributes prescription drugs and medical supplies from manufacturers to pharmacies and providers, moving medicines to patients.","why":"We follow it because its business sits among the companies whose care and services the new weight-loss drugs may change.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LEU","name":"Centrus Energy","url":"https://grantbishop.pages.dev/index/LEU","sells":"Centrus Energy supplies enriched uranium fuel for nuclear reactors that help generate the electricity data centers depend on.","why":"We follow it because power, not chips, now sets the pace of AI buildouts, and its fuel supply is part of the minerals underneath that race.","questions":[{"slug":"power","question":"Who supplies the power?"},{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CB","name":"Chubb","url":"https://grantbishop.pages.dev/index/CB","sells":"Chubb is a global insurer that sells property, casualty and specialty coverage.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CI","name":"Cigna","url":"https://grantbishop.pages.dev/index/CI","sells":"Cigna sells health insurance and pharmacy benefit management services.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CRCL","name":"Circle","url":"https://grantbishop.pages.dev/index/CRCL","sells":"Circle issues USDC, a digital token designed to stay worth one US dollar, and holds reserves to back it.","why":"We follow it because payment networks and tokenized funds are becoming basic infrastructure for the economy, and Circle issues the digital dollars that move across them.","questions":[{"slug":"settlement","question":"Who runs the new settlement rails?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NET","name":"Cloudflare","url":"https://grantbishop.pages.dev/index/NET","sells":"Cloudflare sells network security, content delivery and edge computing services that route and protect websites and applications.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CSGP","name":"CoStar","url":"https://grantbishop.pages.dev/index/CSGP","sells":"CoStar sells commercial real estate listings, property data and analytics built on its proprietary database.","why":"We follow it because it holds data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KO","name":"Coca-Cola","url":"https://grantbishop.pages.dev/index/KO","sells":"Coca-Cola sells sugary and diet soft drinks worldwide.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CDE","name":"Coeur Mining","url":"https://grantbishop.pages.dev/index/CDE","sells":"Coeur Mining mines silver and gold and sells the metal.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CGNX","name":"Cognex","url":"https://grantbishop.pages.dev/index/CGNX","sells":"Cognex sells machine vision cameras and software that let factory robots and inspection systems \"see\" and check products.","why":"We follow it because AI is moving from software into machines that work in the physical world, which may help the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"COHR","name":"Coherent","url":"https://grantbishop.pages.dev/index/COHR","sells":"Coherent makes lasers and optical components that move data between computers and data centers.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-14"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"COIN","name":"Coinbase","url":"https://grantbishop.pages.dev/index/COIN","sells":"Coinbase runs a cryptocurrency exchange and custody service that routes customers' digital-asset trades and transfers onto blockchain networks.","why":"We follow it because its business sits among the companies that run payment networks and tokenized funds.","questions":[{"slug":"settlement","question":"Who runs the new settlement rails?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FIX","name":"Comfort Systems","url":"https://grantbishop.pages.dev/index/FIX","sells":"Comfort Systems installs and services the heating, ventilation and air-conditioning systems that keep data centers and other large buildings running.","why":"We follow it because it builds, equips or runs the data centers that the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CRK","name":"Comstock Resources","url":"https://grantbishop.pages.dev/index/CRK","sells":"Comstock Resources produces natural gas from the Haynesville shale in Louisiana and Texas, selling to Gulf Coast markets.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CAG","name":"Conagra","url":"https://grantbishop.pages.dev/index/CAG","sells":"Conagra sells packaged foods such as frozen meals, snacks and condiments.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"STZ","name":"Constellation Brands","url":"https://grantbishop.pages.dev/index/STZ","sells":"Constellation Brands sells beer (including Modelo and Corona), wine and spirits.","why":"We follow it because its sales depend on drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CEG","name":"Constellation Energy","url":"https://grantbishop.pages.dev/index/CEG","sells":"Constellation Energy sells electricity generated at its nuclear and gas plants, supplying the grids that data centers draw from.","why":"We follow it because the power to run AI, not the chips, now sets the pace of the build, and its business supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CRWV","name":"CoreWeave","url":"https://grantbishop.pages.dev/index/CRWV","sells":"CoreWeave rents graphics processing chips by the hour from data centers built for artificial intelligence.","why":"We follow it because its business is artificial intelligence itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-12"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GLW","name":"Corning","url":"https://grantbishop.pages.dev/index/GLW","sells":"Corning makes specialty glass and optical fiber used in data centers and networks.","why":"We follow it because it builds, equips or runs the data centers that the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CRDO","name":"Credo Tech","url":"https://grantbishop.pages.dev/index/CRDO","sells":"Credo Technology makes high-speed chips and cables that move data between servers and processors.","why":"We follow it because it makes the chips and connection hardware that AI systems run on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-02"},"reports_next":{"date":"2026-12-07","kind":"expected"},"reports_next_text":"7 Dec · expected, per Nasdaq"},{"ticker":"CRWD","name":"CrowdStrike","url":"https://grantbishop.pages.dev/index/CRWD","sells":"CrowdStrike sells cybersecurity software that guards corporate and government computers against hackers.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":{"date":"2026-12-01","kind":"expected"},"reports_next_text":"1 Dec · expected, per Nasdaq"},{"ticker":"CMI","name":"Cummins","url":"https://grantbishop.pages.dev/index/CMI","sells":"Cummins makes diesel and natural-gas engines and power generators that keep data centers and other facilities running.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CW","name":"Curtiss-Wright","url":"https://grantbishop.pages.dev/index/CW","sells":"Curtiss-Wright makes defense electronics, flight and motion control systems, and industrial components used on military platforms.","why":"We follow it because defense spending is being rebuilt on a far longer timeline than any earnings season, and the company supplies that spending directly.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DVA","name":"DaVita","url":"https://grantbishop.pages.dev/index/DVA","sells":"DaVita runs outpatient dialysis clinics that treat patients with kidney failure.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DRI","name":"Darden","url":"https://grantbishop.pages.dev/index/DRI","sells":"Darden owns and operates full-service restaurant chains such as Olive Garden and LongHorn Steakhouse, whose sales depend on consumers choosing to dine out.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-02"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DDOG","name":"Datadog","url":"https://grantbishop.pages.dev/index/DDOG","sells":"Datadog sells software that monitors the servers, applications and cloud services companies run.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DECK","name":"Deckers (HOKA + UGG)","url":"https://grantbishop.pages.dev/index/DECK","sells":"Deckers owns the HOKA running shoe and UGG sheepskin boot brands.","why":"We follow it because weight-loss drugs and health trends may change demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DE","name":"Deere","url":"https://grantbishop.pages.dev/index/DE","sells":"Deere makes tractors, combines and other farm equipment, and its connected machines send field data back to its software for growers.","why":"We follow it because it holds data the public web cannot reach, and AI tools may get more value from that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":{"date":"2026-11-25","kind":"expected"},"reports_next_text":"25 Nov · expected, per Nasdaq"},{"ticker":"DELL","name":"Dell Technologies","url":"https://grantbishop.pages.dev/index/DELL","sells":"Dell Technologies sells servers, storage and PCs to businesses and cloud providers, including AI servers used in the data centres that run artificial intelligence.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-08"},"reports_next":{"date":"2026-11-24","kind":"expected"},"reports_next_text":"24 Nov · expected, per Nasdaq"},{"ticker":"DAL","name":"Delta","url":"https://grantbishop.pages.dev/index/DAL","sells":"Delta Air Lines sells passenger air travel through its global hub network.","why":"We follow it because its customers may change what they buy as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-09"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DXCM","name":"Dexcom","url":"https://grantbishop.pages.dev/index/DXCM","sells":"Dexcom makes continuous glucose monitors, wearable sensors that track blood sugar for people with diabetes.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DLR","name":"Digital Realty","url":"https://grantbishop.pages.dev/index/DLR","sells":"Digital Realty leases and operates the data centers where cloud and enterprise computing equipment is housed, powered and cooled.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DIS","name":"Disney","url":"https://grantbishop.pages.dev/index/DIS","sells":"Disney makes films, television shows, streaming services and theme park entertainment.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":{"date":"2026-11-17","kind":"expected"},"reports_next_text":"17 Nov · expected, per Nasdaq"},{"ticker":"DOCS","name":"Doximity","url":"https://grantbishop.pages.dev/index/DOCS","sells":"Doximity sells software for doctors and pharmacies, including telehealth tools and drug-prescribing platforms.","why":"We follow it because it may gain indirectly as AI spreads through the healthcare businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RDY","name":"Dr. Reddy's","url":"https://grantbishop.pages.dev/index/RDY","sells":"Dr. Reddy's is an Indian drugmaker that makes generic medicines, biosimilars and active pharmaceutical ingredients, the core chemical components of drugs.","why":"We follow it because its business sits among the companies the new weight-loss drugs may change.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-05-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"DUOL","name":"Duolingo","url":"https://grantbishop.pages.dev/index/DUOL","sells":"Duolingo sells a language-learning app that uses artificial intelligence.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"EME","name":"EMCOR","url":"https://grantbishop.pages.dev/index/EME","sells":"EMCOR designs, builds and maintains the electrical and mechanical systems inside data centers and other large facilities.","why":"We follow it because it builds, equips or runs the data centers the AI build needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"EQT","name":"EQT","url":"https://grantbishop.pages.dev/index/EQT","sells":"EQT produces natural gas, much of which feeds power plants and data centers.","why":"We follow it because the power needed to run AI, not the chips, now sets the pace of data center construction, and EQT supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-22"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ETN","name":"Eaton","url":"https://grantbishop.pages.dev/index/ETN","sells":"Eaton sells electrical power equipment, such as switchgear, power distribution units and uninterruptible power supplies, that keeps data center computing hardware supplied and protected.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"EW","name":"Edwards Lifesciences","url":"https://grantbishop.pages.dev/index/EW","sells":"Edwards Lifesciences makes heart valves and other devices for treating structural heart disease.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ESTC","name":"Elastic","url":"https://grantbishop.pages.dev/index/ESTC","sells":"Elastic sells search and analytics software that helps companies find and make sense of their data.","why":"We follow it because its business sits among the companies whose business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-11-19","kind":"expected"},"reports_next_text":"19 Nov · expected, per Nasdaq"},{"ticker":"ELV","name":"Elevance","url":"https://grantbishop.pages.dev/index/ELV","sells":"Elevance Health sells health insurance plans and manages the medical claims and member data behind them.","why":"We follow it because it holds data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-15"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LLY","name":"Eli Lilly","url":"https://grantbishop.pages.dev/index/LLY","sells":"Eli Lilly researches, develops and manufactures prescription medicines, including GLP-1 drugs that treat diabetes and obesity.","why":"We follow it because weight-loss drugs are changing what people eat and drink, and its business is built around those medicines.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"UUUU","name":"Energy Fuels","url":"https://grantbishop.pages.dev/index/UUUU","sells":"Energy Fuels mines uranium and rare earth minerals in the United States and is building capacity to process them into magnet-grade materials.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"},{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ET","name":"Energy Transfer","url":"https://grantbishop.pages.dev/index/ET","sells":"Energy Transfer moves and stores natural gas and crude oil through pipelines and terminals, feeding fuel to gas-fired power plants.","why":"We follow it because the power needed to run AI, not the chips themselves, now sets the pace of data center construction, and its business supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ENTG","name":"Entegris","url":"https://grantbishop.pages.dev/index/ENTG","sells":"Entegris makes specialty chemicals, materials and filtration products that chipmakers use to build semiconductors.","why":"We follow it because its business sits among the companies that make the chips and chipmaking tools the AI build-out runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"EQIX","name":"Equinix","url":"https://grantbishop.pages.dev/index/EQIX","sells":"Equinix runs data centers where companies house their servers and connect to cloud and network providers.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"EE","name":"Excelerate Energy","url":"https://grantbishop.pages.dev/index/EE","sells":"Excelerate Energy runs floating terminals that turn liquefied natural gas, gas chilled into liquid for shipping, back into gas for power plants.","why":"We follow it because power, not chips, now sets the pace of building AI data centers, and Excelerate supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FN","name":"Fabrinet","url":"https://grantbishop.pages.dev/index/FN","sells":"Fabrinet, a Thailand-based contract manufacturer, builds optical communications modules and components for networking and data-center customers.","why":"We follow it because it builds, equips or runs the data centers that the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-18"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FSLR","name":"First Solar","url":"https://grantbishop.pages.dev/index/FSLR","sells":"First Solar makes thin-film solar panels and sells them to power developers.","why":"We follow it because the power needed to run AI, rather than the chips, now sets the pace of the build, and First Solar's panels supply that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FLNC","name":"Fluence Energy","url":"https://grantbishop.pages.dev/index/FLNC","sells":"Fluence Energy sells battery storage systems and software that utilities and grid operators use to store power.","why":"We follow it because the power needed to run AI, rather than the chips, now sets the pace of data center construction, and Fluence supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":{"date":"2026-11-23","kind":"expected"},"reports_next_text":"23 Nov · expected, per Nasdaq"},{"ticker":"FLR","name":"Fluor","url":"https://grantbishop.pages.dev/index/FLR","sells":"Fluor is an engineering and construction firm that builds the plants and infrastructure needed to generate and deliver power.","why":"We follow it because power, not chips, now sets the pace of building AI, and Fluor's work supplies or moves that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FTNT","name":"Fortinet","url":"https://grantbishop.pages.dev/index/FTNT","sells":"Fortinet sells cybersecurity hardware and software that protects corporate and government networks.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and Fortinet's business supplies that effort.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"FMS","name":"Fresenius Medical Care","url":"https://grantbishop.pages.dev/index/FMS","sells":"Fresenius Medical Care runs dialysis clinics and sells kidney-dialysis equipment and supplies.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-02-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GE","name":"GE Aerospace","url":"https://grantbishop.pages.dev/index/GE","sells":"GE Aerospace makes and services jet engines for aircraft.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-16"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GEV","name":"GE Vernova","url":"https://grantbishop.pages.dev/index/GEV","sells":"GE Vernova makes equipment and provides long-term services for companies that generate electricity and feed it onto the grid.","why":"We follow it because the power needed to run AI, rather than the chips, now sets the pace of data center construction, and the company supplies or moves that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-22"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GAP","name":"Gap","url":"https://grantbishop.pages.dev/index/GAP","sells":"Gap sells clothing and accessories through its own stores and websites under brands like Old Navy and Banana Republic.","why":"We follow it because weight-loss drugs and health trends may change how much clothing people buy.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-11-19","kind":"expected"},"reports_next_text":"19 Nov · expected, per Nasdaq"},{"ticker":"GNRC","name":"Generac","url":"https://grantbishop.pages.dev/index/GNRC","sells":"Generac makes backup generators and power equipment that keep data centers and other facilities running during grid outages.","why":"We follow it because it builds and equips the data centers that the AI boom needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GD","name":"General Dynamics","url":"https://grantbishop.pages.dev/index/GD","sells":"General Dynamics builds submarines, armored vehicles, business jets and military information systems, mostly for governments.","why":"We follow it because defense spending is being rebuilt on a much longer timeline than any single earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GIS","name":"General Mills","url":"https://grantbishop.pages.dev/index/GIS","sells":"General Mills sells packaged cereals, snacks and pet food under brands such as Cheerios and Nature Valley.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GFS","name":"GlobalFoundries","url":"https://grantbishop.pages.dev/index/GFS","sells":"GlobalFoundries makes semiconductor chips for other companies under contract.","why":"We follow it because the 2025 federal tax-and-spending law changes the economics of its business.","questions":[{"slug":"tax-law","question":"Whose economics did the 2025 tax law change?"}],"tests":[],"latest_disclosed":{"form":"20-F","filed":"2026-02-27"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GROY","name":"Gold Royalty","url":"https://grantbishop.pages.dev/index/GROY","sells":"Gold Royalty holds rights to a share of gold output from mines it does not operate.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"20-F","filed":"2026-03-19"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GS","name":"Goldman Sachs","url":"https://grantbishop.pages.dev/index/GS","sells":"Goldman Sachs provides investment banking, trading, and asset management services, using artificial intelligence to power those offerings rather than building the underlying hardware or models.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HL","name":"Hecla Mining","url":"https://grantbishop.pages.dev/index/HL","sells":"Hecla Mining mines silver and gold and sells the metal.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HEI","name":"Heico","url":"https://grantbishop.pages.dev/index/HEI","sells":"HEICO makes replacement parts and electronic components for aircraft and defense systems, and supplies specialty parts for space and military programs.","why":"We follow it because defense spending is being rebuilt over a much longer timeline than any earnings season, and rocket launches and satellites depend on the specialty parts it supplies.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"},{"slug":"space","question":"Who launches, and who builds in orbit?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HLF","name":"Herbalife","url":"https://grantbishop.pages.dev/index/HLF","sells":"Herbalife sells nutrition shakes, supplements and weight-management products through independent distributors.","why":"We follow it because weight-loss drugs and health trends may change the demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HSY","name":"Hershey","url":"https://grantbishop.pages.dev/index/HSY","sells":"Hershey sells chocolate and snack brands.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HSAI","name":"Hesai","url":"https://grantbishop.pages.dev/index/HSAI","sells":"Hesai makes lidar sensors, laser devices that map surroundings in 3D for robots and self-driving vehicles.","why":"We follow it because AI moving into machines that work in the physical world may lift demand for its sensors indirectly.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-04-24"},"reports_next":{"date":"2026-11-10","kind":"expected"},"reports_next_text":"10 Nov · expected, per Nasdaq"},{"ticker":"HLT","name":"Hilton","url":"https://grantbishop.pages.dev/index/HLT","sells":"Hilton operates and franchises hotels under many brands, with a loyalty program that steers travelers toward its rooms.","why":"We follow it because weight-loss drugs and health trends may change how much people travel and where they stay.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HIMS","name":"Hims & Hers","url":"https://grantbishop.pages.dev/index/HIMS","sells":"Hims & Hers sells telehealth subscriptions for prescription drugs and personal care.","why":"We follow it because it may gain indirectly as artificial intelligence spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HUBB","name":"Hubbell","url":"https://grantbishop.pages.dev/index/HUBB","sells":"Hubbell makes electrical components, connectors and grid equipment that power data centers and the wider electrical network.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HUM","name":"Humana","url":"https://grantbishop.pages.dev/index/HUM","sells":"Humana sells Medicare Advantage health insurance plans, using its own claims and patient data to manage care and set prices.","why":"We follow it because it holds data the public web cannot reach, and AI tools may get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HII","name":"Huntington Ingalls","url":"https://grantbishop.pages.dev/index/HII","sells":"Huntington Ingalls builds and maintains nuclear-powered aircraft carriers and submarines for the U.S. Navy.","why":"We follow it because defense spending is being rebuilt on a much longer timeline than quarterly earnings, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ICE","name":"ICE","url":"https://grantbishop.pages.dev/index/ICE","sells":"Intercontinental Exchange runs stock and derivatives exchanges and sells market data and mortgage technology.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"IESC","name":"IES Holdings","url":"https://grantbishop.pages.dev/index/IESC","sells":"IES Holdings designs, installs and maintains electrical and data-center systems, building the physical power and wiring that AI computing facilities need.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":{"date":"2026-11-20","kind":"expected"},"reports_next_text":"20 Nov · expected, per Nasdaq"},{"ticker":"IREN","name":"IREN","url":"https://grantbishop.pages.dev/index/IREN","sells":"IREN sells GPU-powered computing capacity to AI developers from its own data centres.","why":"We follow it because its business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-K","filed":"2026-08-27"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"INOD","name":"Innodata","url":"https://grantbishop.pages.dev/index/INOD","sells":"Innodata sells data engineering and annotation services that prepare training data for artificial intelligence models.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"INSP","name":"Inspire Medical","url":"https://grantbishop.pages.dev/index/INSP","sells":"Inspire Medical sells an implantable device that treats obstructive sleep apnea, a breathing disorder during sleep.","why":"We follow it because weight-loss drugs may change how many patients seek the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PODD","name":"Insulet","url":"https://grantbishop.pages.dev/index/PODD","sells":"Insulet makes the Omnipod, a tubeless insulin pump worn on the body by people with diabetes.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LUNR","name":"Intuitive Machines","url":"https://grantbishop.pages.dev/index/LUNR","sells":"Intuitive Machines builds lunar landers and data relay satellites that carry government and commercial payloads to the Moon.","why":"We follow it because defense spending is being rebuilt on a far longer timeline than any earnings season, and its business supplies that effort.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-13"},"reports_next":{"date":"2026-11-12","kind":"expected"},"reports_next_text":"12 Nov · expected, per Nasdaq"},{"ticker":"IRDM","name":"Iridium","url":"https://grantbishop.pages.dev/index/IRDM","sells":"Iridium sells satellite voice and data connectivity to governments and businesses, including defence customers.","why":"We follow it because defence spending is being rebuilt on a much longer timeline than any earnings season, and Iridium's business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-22"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"IRM","name":"Iron Mountain","url":"https://grantbishop.pages.dev/index/IRM","sells":"Iron Mountain (IRM) rents out data centers and records storage space to other companies.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"JPM","name":"JPMorgan Chase","url":"https://grantbishop.pages.dev/index/JPM","sells":"JPMorgan Chase is a large American bank whose main businesses are lending, payments and trading.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KKR","name":"KKR","url":"https://grantbishop.pages.dev/index/KKR","sells":"KKR is an investment firm that manages private equity and real-asset funds, runs the Global Atlantic insurance business, and holds stakes in operating companies.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KLAC","name":"KLA","url":"https://grantbishop.pages.dev/index/KLAC","sells":"KLA makes inspection and metrology tools that check semiconductor wafers for defects during manufacturing.","why":"We follow it because it makes the chip-making tools that the AI buildout depends on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KDP","name":"Keurig Dr Pepper","url":"https://grantbishop.pages.dev/index/KDP","sells":"Keurig Dr Pepper sells branded coffee pods, sodas and bottled drinks.","why":"We follow it because its sales depend on drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KVYO","name":"Klaviyo","url":"https://grantbishop.pages.dev/index/KVYO","sells":"Klaviyo sells software that helps businesses send targeted email and text messages to customers.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KHC","name":"Kraft Heinz","url":"https://grantbishop.pages.dev/index/KHC","sells":"Kraft Heinz sells packaged foods and condiments such as Heinz ketchup and Kraft cheese.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"KTOS","name":"Kratos Defense","url":"https://grantbishop.pages.dev/index/KTOS","sells":"Kratos Defense builds unmanned aircraft, hypersonic test systems, and satellite ground equipment for the Pentagon.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its products supply that spending as it reaches into space.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"},{"slug":"space","question":"Who launches, and who builds in orbit?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LHX","name":"L3Harris","url":"https://grantbishop.pages.dev/index/LHX","sells":"L3Harris makes communications, sensing and space hardware for military customers.","why":"We follow it because defence spending is being rebuilt on a longer timescale than any earnings season, and the company supplies that spending as it reaches into space.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"},{"slug":"space","question":"Who launches, and who builds in orbit?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LRCX","name":"Lam Research","url":"https://grantbishop.pages.dev/index/LRCX","sells":"Lam Research makes the machines chipmakers use to etch and deposit the microscopic layers that form semiconductors.","why":"We follow it because it supplies the tools that chipmakers need to build the chips that AI systems run on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LDOS","name":"Leidos","url":"https://grantbishop.pages.dev/index/LDOS","sells":"Leidos provides technology services and systems to U.S. defense and intelligence agencies, supplying the military's own operations.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any single earnings season, and its business supplies that effort.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LTH","name":"Life Time Group","url":"https://grantbishop.pages.dev/index/LTH","sells":"Life Time Group operates premium fitness clubs and wellness resorts.","why":"We follow it because demand for its services may be shaped by weight-loss drugs and health trends.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LIN","name":"Linde","url":"https://grantbishop.pages.dev/index/LIN","sells":"Linde supplies industrial gases such as oxygen, nitrogen and argon, plus the ultra-pure gases chipmakers use.","why":"We follow it because it supplies materials that go into the chips and factories the AI build depends on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LMT","name":"Lockheed Martin","url":"https://grantbishop.pages.dev/index/LMT","sells":"Lockheed Martin builds fighter jets, missiles and space systems for the US government and its allies.","why":"We follow it because US and allied defense spending is being rebuilt over a longer horizon than any single earnings season, and the company supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LULU","name":"Lululemon","url":"https://grantbishop.pages.dev/index/LULU","sells":"Lululemon designs technical athletic apparel, footwear and accessories sold through its own stores and websites.","why":"We follow it because weight-loss drugs and health trends may change how much people buy of what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-03"},"reports_next":{"date":"2026-12-10","kind":"expected"},"reports_next_text":"10 Dec · expected, per Nasdaq"},{"ticker":"LITE","name":"Lumentum","url":"https://grantbishop.pages.dev/index/LITE","sells":"Lumentum makes lasers and optical components that move data between servers and data centres.","why":"We follow it because its business sits among the companies that make the chips and chipmaking tools the AI build-out runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-17"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MP","name":"MP Materials","url":"https://grantbishop.pages.dev/index/MP","sells":"MP Materials mines and refines rare earths in California and makes magnets in Texas.","why":"We follow it because its business sits among the companies that supply the minerals under computing and power.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"},{"slug":"space","question":"Who launches, and who builds in orbit?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MPLX","name":"MPLX","url":"https://grantbishop.pages.dev/index/MPLX","sells":"MPLX owns pipelines, terminals and processing plants that move and store crude oil and natural gas, which feed power generation.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MYRG","name":"MYR Group","url":"https://grantbishop.pages.dev/index/MYRG","sells":"MYR Group builds the electrical power lines and substations that deliver electricity to data centers and other large computing facilities.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MKTX","name":"MarketAxess","url":"https://grantbishop.pages.dev/index/MKTX","sells":"MarketAxess runs an electronic platform where institutional investors buy and sell corporate bonds, using automated analytics to support fixed-income trading.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MAR","name":"Marriott","url":"https://grantbishop.pages.dev/index/MAR","sells":"Marriott runs hotel brands and manages or franchises properties it mostly does not own, earning fees from travel demand.","why":"We follow it because weight-loss drugs and health trends may change the demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MRVL","name":"Marvell","url":"https://grantbishop.pages.dev/index/MRVL","sells":"Marvell designs custom chips and networking silicon that link and power data-center servers.","why":"We follow it because its business sits among the companies that make the chips and chipmaking tools the AI build-out runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-12-01","kind":"expected"},"reports_next_text":"1 Dec · expected, per Nasdaq"},{"ticker":"MTZ","name":"MasTec","url":"https://grantbishop.pages.dev/index/MTZ","sells":"MasTec builds infrastructure across America, with smaller operations in Canada and Mexico.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MCD","name":"McDonald's","url":"https://grantbishop.pages.dev/index/MCD","sells":"McDonald's sells hamburgers, fries and drinks through franchised restaurants worldwide.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MCK","name":"McKesson","url":"https://grantbishop.pages.dev/index/MCK","sells":"McKesson distributes prescription drugs and medical supplies to pharmacies, hospitals and clinics.","why":"We follow it because the spread of weight-loss drugs may change the demand for the care and services it supplies.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MEDP","name":"Medpace","url":"https://grantbishop.pages.dev/index/MEDP","sells":"Medpace manages clinical trials, the testing of experimental medicines in patients, for drugmakers.","why":"We follow it because its business sits among the companies that make and deliver the new weight-loss drugs.","questions":[{"slug":"drug-supply","question":"Who supplies the making and delivery of the drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MRCY","name":"Mercury Systems","url":"https://grantbishop.pages.dev/index/MRCY","sells":"Mercury Systems makes secure processing hardware and embedded computing modules for defense platforms.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-K","filed":"2026-08-18"},"reports_next":{"date":"2026-11-10","kind":"expected"},"reports_next_text":"10 Nov · expected, per Nasdaq"},{"ticker":"META","name":"Meta","url":"https://grantbishop.pages.dev/index/META","sells":"Meta sells advertising and runs social apps such as Facebook and Instagram, and it builds AI models for its own products.","why":"We follow it because its business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MCHP","name":"Microchip","url":"https://grantbishop.pages.dev/index/MCHP","sells":"Microchip designs and sells microcontrollers and analog chips that run industrial, automotive and embedded equipment.","why":"We follow it because the 2025 federal tax-and-spending law changes the economics of its business.","questions":[{"slug":"tax-law","question":"Whose economics did the 2025 tax law change?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MU","name":"Micron","url":"https://grantbishop.pages.dev/index/MU","sells":"Micron makes memory and storage chips, including the high-speed DRAM and flash that feed processors.","why":"We follow it because its business sits among the companies that make the chips and chipmaking tools the AI build-out runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-10-09"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MOD","name":"Modine Manufacturing","url":"https://grantbishop.pages.dev/index/MOD","sells":"Modine Manufacturing makes thermal management equipment, including cooling systems for data centers, which keep AI servers from overheating.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TAP","name":"Molson Coors","url":"https://grantbishop.pages.dev/index/TAP","sells":"Molson Coors brews and sells beer.","why":"We follow it because its sales depend on drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MDLZ","name":"Mondelez","url":"https://grantbishop.pages.dev/index/MDLZ","sells":"Mondelez sells snacks such as biscuits, chocolate and gum.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"MDB","name":"MongoDB","url":"https://grantbishop.pages.dev/index/MDB","sells":"MongoDB sells a database platform that developers use to store and manage application data.","why":"We follow it because its business sits among the companies whose business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-01"},"reports_next":{"date":"2026-12-07","kind":"expected"},"reports_next_text":"7 Dec · expected, per Nasdaq"},{"ticker":"MNST","name":"Monster Beverage","url":"https://grantbishop.pages.dev/index/MNST","sells":"Monster Beverage sells energy drinks and sugary beverages.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NVX","name":"NOVONIX","url":"https://grantbishop.pages.dev/index/NVX","sells":"NOVONIX makes synthetic graphite, the carbon material used as the anode inside lithium-ion batteries.","why":"We follow it because the race for computing power also depends on the minerals that sit beneath it.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"20-F","filed":"2026-02-26"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NRG","name":"NRG Energy","url":"https://grantbishop.pages.dev/index/NRG","sells":"NRG Energy sells electricity and power-generation services to retail and commercial customers, delivering power from its plants to end users.","why":"We follow it because the power needed to run AI, rather than the chips themselves, now sets the pace of data-center buildouts, and NRG supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NVDA","name":"NVIDIA","url":"https://grantbishop.pages.dev/index/NVDA","sells":"NVIDIA designs the graphics processors and software platforms that power AI data centers, and its chips also serve as onboard computing brains for robots.","why":"We follow it because its business is AI itself, and AI is moving from software into machines that work in the physical world.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-6","W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-26"},"reports_next":{"date":"2026-11-18","kind":"expected"},"reports_next_text":"18 Nov · expected, per Nasdaq"},{"ticker":"NNE","name":"Nano Nuclear Energy","url":"https://grantbishop.pages.dev/index/NNE","sells":"Nano Nuclear Energy designs small modular nuclear reactors meant to supply electricity to data centers.","why":"We follow it because the power to run AI, not the chips, now sets the pace of the build, and its reactors aim to supply that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-12"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NDAQ","name":"Nasdaq","url":"https://grantbishop.pages.dev/index/NDAQ","sells":"Nasdaq runs stock exchanges and market-technology software that banks and brokers use to trade and clear securities, and its trading data and surveillance tools feed machine-learning systems.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NHI","name":"National Health Investors","url":"https://grantbishop.pages.dev/index/NHI","sells":"National Health Investors is a real estate investment trust that owns senior living and healthcare properties and leases them to operators.","why":"We follow it because its rental income depends on care operators, whose customers may change what they buy as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NBIS","name":"Nebius","url":"https://grantbishop.pages.dev/index/NBIS","sells":"Nebius rents out graphics-processing servers and cloud infrastructure for training and running artificial intelligence models.","why":"We follow it because its business sits among the companies whose business is AI itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"20-F","filed":"2026-04-30"},"reports_next":{"date":"2026-11-10","kind":"expected"},"reports_next_text":"10 Nov · expected, per Nasdaq"},{"ticker":"NFLX","name":"Netflix","url":"https://grantbishop.pages.dev/index/NFLX","sells":"Netflix sells streaming entertainment subscriptions to consumers.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-17"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NEM","name":"Newmont","url":"https://grantbishop.pages.dev/index/NEM","sells":"Newmont mines and sells gold from large operations around the world.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NWSA","name":"News Corp","url":"https://grantbishop.pages.dev/index/NWSA","sells":"News Corp publishes newspapers and books and sells subscription information services, including Dow Jones and REA property listings.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-K","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NEXT","name":"NextDecade","url":"https://grantbishop.pages.dev/index/NEXT","sells":"NextDecade develops liquefied natural gas export terminals on the Texas Gulf Coast.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NXT","name":"Nextracker","url":"https://grantbishop.pages.dev/index/NXT","sells":"Nextracker makes solar tracking systems and mounting hardware that tilt panels toward the sun.","why":"We follow it because the power needed to run AI, not the chips themselves, now sets the pace of data center construction, and Nextracker supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NAGE","name":"Niagen Bioscience","url":"https://grantbishop.pages.dev/index/NAGE","sells":"Niagen Bioscience sells nicotinamide riboside, a form of vitamin B3 sold as a supplement for cellular energy and healthy aging.","why":"We follow it because longer, healthier lives could change demand for what it offers.","questions":[{"slug":"longevity","question":"Who works on longer, healthier lives?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NKE","name":"Nike","url":"https://grantbishop.pages.dev/index/NKE","sells":"Nike designs and sells athletic footwear, apparel and equipment, supported by brand marketing and athlete sponsorships.","why":"We follow it because weight-loss drugs and health trends may change how much people want to buy what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-02"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NTRS","name":"Northern Trust","url":"https://grantbishop.pages.dev/index/NTRS","sells":"Northern Trust provides custody, asset servicing and wealth management to institutions and wealthy families.","why":"We follow it because AI tools are changing how financial firms like it do their back-office and advisory work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NOC","name":"Northrop Grumman","url":"https://grantbishop.pages.dev/index/NOC","sells":"Northrop Grumman builds military aircraft, space systems, missiles and defense electronics for governments.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any single earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-21"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NVO","name":"Novo Nordisk","url":"https://grantbishop.pages.dev/index/NVO","sells":"Novo Nordisk makes GLP-1 drugs such as semaglutide, which are used to treat diabetes and weight loss.","why":"We follow it because weight-loss drugs are changing what people eat and drink, and Novo Nordisk makes those medicines.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-02-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SMR","name":"NuScale Power","url":"https://grantbishop.pages.dev/index/SMR","sells":"NuScale Power designs small modular nuclear reactors that data centers and utilities could use to generate electricity.","why":"We follow it because power, not chips, now sets the pace of AI buildouts, and NuScale supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"OKE","name":"ONEOK","url":"https://grantbishop.pages.dev/index/OKE","sells":"ONEOK owns and operates pipelines that carry natural gas and natural gas liquids to customers.","why":"We follow it because the power needed to run AI, rather than the chips themselves, now sets the pace of data center construction, and ONEOK's business supplies or moves that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"OKLO","name":"Oklo","url":"https://grantbishop.pages.dev/index/OKLO","sells":"Oklo designs small modular nuclear reactors that aim to supply electricity to data centers and other large power users.","why":"We follow it because the power needed to run AI, not the chips, now sets the pace of the build, and Oklo's business supplies that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":{"date":"2026-11-10","kind":"expected"},"reports_next_text":"10 Nov · expected, per Nasdaq"},{"ticker":"ONON","name":"On Holding","url":"https://grantbishop.pages.dev/index/ONON","sells":"On Holding sells premium running and training shoes and apparel, relying on brand appeal to draw customers.","why":"We follow it because weight-loss drugs and health trends may change how much demand there is for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-03-03"},"reports_next":{"date":"2026-11-11","kind":"expected"},"reports_next_text":"11 Nov · expected, per Nasdaq"},{"ticker":"ON","name":"Onsemi","url":"https://grantbishop.pages.dev/index/ON","sells":"Onsemi makes power and sensing chips for cars and factories.","why":"We follow it because the 2025 federal tax-and-spending law changes the economics of its business.","questions":[{"slug":"tax-law","question":"Whose economics did the 2025 tax law change?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ORA","name":"Ormat","url":"https://grantbishop.pages.dev/index/ORA","sells":"Ormat builds and runs geothermal power plants that sell electricity to utilities and data centers.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PLTR","name":"Palantir","url":"https://grantbishop.pages.dev/index/PLTR","sells":"Palantir sells software that helps governments and companies analyze large volumes of data and run operations on it.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PANW","name":"Palo Alto Networks","url":"https://grantbishop.pages.dev/index/PANW","sells":"Palo Alto Networks sells cybersecurity software and firewalls that protect corporate and government computer networks.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-K","filed":"2026-09-10"},"reports_next":{"date":"2026-11-18","kind":"expected"},"reports_next_text":"18 Nov · expected, per Nasdaq"},{"ticker":"PTON","name":"Peloton","url":"https://grantbishop.pages.dev/index/PTON","sells":"Peloton sells connected exercise bikes, treadmills and streaming fitness classes.","why":"We follow it because weight-loss drugs and health trends may change how much consumers want the home workout equipment and subscriptions it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-K","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PEP","name":"PepsiCo","url":"https://grantbishop.pages.dev/index/PEP","sells":"PepsiCo sells snacks and beverages, including sugary drinks and salty snacks.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-10-08"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PPTA","name":"Perpetua Resources","url":"https://grantbishop.pages.dev/index/PPTA","sells":"Perpetua Resources is developing the Stibnite Gold Project, a mine planned to produce gold alongside antimony and silver.","why":"We follow it because its business sits among the companies that supply the minerals under computing and power.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-14"},"reports_next":{"date":"2026-11-13","kind":"expected"},"reports_next_text":"13 Nov · expected, per Nasdaq"},{"ticker":"PFE","name":"Pfizer","url":"https://grantbishop.pages.dev/index/PFE","sells":"Pfizer sells prescription medicines and vaccines, and it is developing and making its own drug candidates for obesity and diabetes.","why":"We follow it because weight-loss drugs, known as GLP-1 medicines, are changing what people eat and drink, and Pfizer's business is in those medicines.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PM","name":"Philip Morris","url":"https://grantbishop.pages.dev/index/PM","sells":"Philip Morris sells cigarettes and smokeless nicotine products worldwide.","why":"We follow it because its sales depend on customers' habits, which health trends and health-driven policy may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PLNT","name":"Planet Fitness","url":"https://grantbishop.pages.dev/index/PLNT","sells":"Planet Fitness runs low-cost gyms and sells monthly memberships.","why":"We follow it because weight-loss drugs and health trends may change how many people want to join and stay.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PL","name":"Planet Labs","url":"https://grantbishop.pages.dev/index/PL","sells":"Planet Labs sells satellite imagery and geospatial data from its own fleet of Earth-observing satellites.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-09-03"},"reports_next":{"date":"2026-12-09","kind":"expected"},"reports_next_text":"9 Dec · expected, per Nasdaq"},{"ticker":"POWL","name":"Powell Industries","url":"https://grantbishop.pages.dev/index/POWL","sells":"Powell Industries builds electrical switchgear and power distribution equipment that feeds and protects large facilities, including data centers.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":{"date":"2026-11-17","kind":"expected"},"reports_next_text":"17 Nov · expected, per Nasdaq"},{"ticker":"PCOR","name":"Procore","url":"https://grantbishop.pages.dev/index/PCOR","sells":"Procore sells construction management software that runs building projects online.","why":"We follow it because its business sits among the companies that may gain indirectly as AI spreads.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PGR","name":"Progressive","url":"https://grantbishop.pages.dev/index/PGR","sells":"Progressive is a car insurer that sells policies directly and through agents.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"QCOM","name":"Qualcomm","url":"https://grantbishop.pages.dev/index/QCOM","sells":"Qualcomm sells Snapdragon and Dragonwing chip platforms that bring on-device artificial intelligence, low-power computing and wireless connectivity to industrial and other edge devices.","why":"We follow it because artificial intelligence is moving from software into machines that work in the physical world.","questions":[{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"PWR","name":"Quanta Services","url":"https://grantbishop.pages.dev/index/PWR","sells":"Quanta Services builds and maintains the power transmission lines, substations and grid connections that carry electricity to data centers and other large computing facilities.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RTX","name":"RTX","url":"https://grantbishop.pages.dev/index/RTX","sells":"RTX makes aerospace products through Collins Aerospace and Pratt & Whitney, and its Raytheon unit supplies the U.S. government and armed forces.","why":"We follow it because defense spending is being rebuilt over a far longer timeframe than any single earnings season, and RTX's business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RXRX","name":"Recursion","url":"https://grantbishop.pages.dev/index/RXRX","sells":"Recursion uses artificial intelligence to speed up drug discovery, relying heavily on computing power.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RDW","name":"Redwire","url":"https://grantbishop.pages.dev/index/RDW","sells":"Redwire builds space hardware and software for government and commercial customers.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its business supplies that rebuilding.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RLAY","name":"Relay Therapeutics","url":"https://grantbishop.pages.dev/index/RLAY","sells":"Relay Therapeutics develops cancer drugs, using computer simulations of how proteins move.","why":"We follow it because it may gain indirectly as artificial intelligence spreads through the industries it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RNR","name":"RenaissanceRe","url":"https://grantbishop.pages.dev/index/RNR","sells":"RenaissanceRe is a Bermuda reinsurer that takes on catastrophe risk from insurers, using its own data and models to price that risk.","why":"We follow it because it holds data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RMD","name":"ResMed","url":"https://grantbishop.pages.dev/index/RMD","sells":"ResMed makes sleep-apnea breathing machines and masks sold to patients and providers.","why":"We follow it because its business sits among the companies whose care and services the new weight-loss drugs may change.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-K","filed":"2026-08-13"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"QSR","name":"Restaurant Brands","url":"https://grantbishop.pages.dev/index/QSR","sells":"Restaurant Brands owns fast-food chains including Burger King, Tim Hortons and Popeyes.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"HOOD","name":"Robinhood","url":"https://grantbishop.pages.dev/index/HOOD","sells":"Robinhood runs a retail trading app that sends customer orders to market makers and brokers.","why":"We follow it because its business sits among the companies that run payment networks and tokenized funds.","questions":[{"slug":"settlement","question":"Who runs the new settlement rails?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RKLB","name":"Rocket Lab","url":"https://grantbishop.pages.dev/index/RKLB","sells":"Rocket Lab builds and launches small rockets and spacecraft for government and commercial customers, including defense work.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"},{"slug":"space","question":"Who launches, and who builds in orbit?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ROK","name":"Rockwell","url":"https://grantbishop.pages.dev/index/ROK","sells":"Rockwell makes factory controllers and plant-floor software for industrial automation.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ROST","name":"Ross Stores","url":"https://grantbishop.pages.dev/index/ROST","sells":"Ross Stores runs discount clothing and home-goods chains, with bargain-hunting stores that draw shoppers back often.","why":"We follow it because weight-loss drugs and health trends may change what people buy and how much they spend on clothes.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-01"},"reports_next":{"date":"2026-11-19","kind":"expected"},"reports_next_text":"19 Nov · expected, per Nasdaq"},{"ticker":"RCL","name":"Royal Caribbean","url":"https://grantbishop.pages.dev/index/RCL","sells":"Royal Caribbean operates cruise ships and sells holiday voyages to travellers.","why":"We follow it because weight-loss drugs and health trends may change what leisure customers want to book.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RGLD","name":"Royal Gold","url":"https://grantbishop.pages.dev/index/RGLD","sells":"Royal Gold buys royalties and streams on gold, silver and copper mines, collecting a share of their output without running the mines.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"RBRK","name":"Rubrik","url":"https://grantbishop.pages.dev/index/RBRK","sells":"Rubrik sells software that backs up and restores data for enterprises and government agencies, including defense-sector customers.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-09-01"},"reports_next":{"date":"2026-12-03","kind":"expected"},"reports_next_text":"3 Dec · expected, per Nasdaq"},{"ticker":"RYAAY","name":"Ryanair","url":"https://grantbishop.pages.dev/index/RYAAY","sells":"Ryanair is Europe's largest low-cost airline, selling low-fare short-haul flights.","why":"We follow it because its customers may change what they buy as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-06-22"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SAIC","name":"SAIC","url":"https://grantbishop.pages.dev/index/SAIC","sells":"Science Applications International Corporation provides technology and engineering services to U.S. government and defense agencies.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-31"},"reports_next":{"date":"2026-12-03","kind":"expected"},"reports_next_text":"3 Dec · expected, per Nasdaq"},{"ticker":"GLD","name":"SPDR Gold Shares","url":"https://grantbishop.pages.dev/index/GLD","sells":"SPDR Gold Shares is an exchange-traded fund that holds physical gold bullion and issues shares tracking its price.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"CRM","name":"Salesforce","url":"https://grantbishop.pages.dev/index/CRM","sells":"Salesforce sells customer relationship management software that stores businesses' sales, service and marketing records, and its AI tools draw on that data.","why":"We follow it because it holds customer data the public web cannot reach, and AI tools can get more value from that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":{"date":"2026-12-02","kind":"expected"},"reports_next_text":"2 Dec · expected, per Nasdaq"},{"ticker":"SDGR","name":"Schrodinger","url":"https://grantbishop.pages.dev/index/SDGR","sells":"Schrodinger sells software that uses physics-based computer simulation to help drug companies design new molecules.","why":"We follow it because it may gain indirectly as AI spreads through the drug-development businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SENS","name":"Senseonics","url":"https://grantbishop.pages.dev/index/SENS","sells":"Senseonics makes a long-lasting implantable glucose sensor for people with diabetes, supplying monitoring hardware that clinical care depends on.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"S","name":"SentinelOne","url":"https://grantbishop.pages.dev/index/S","sells":"SentinelOne sells cybersecurity software that guards computers and networks against attack, including military and government systems.","why":"We follow it because defense spending is being rebuilt on a much longer timeline than any single earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-12-03","kind":"expected"},"reports_next_text":"3 Dec · expected, per Nasdaq"},{"ticker":"NOW","name":"ServiceNow","url":"https://grantbishop.pages.dev/index/NOW","sells":"ServiceNow sells workflow software that large companies use to run IT, HR and customer service.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SHLS","name":"Shoals","url":"https://grantbishop.pages.dev/index/SHLS","sells":"Shoals makes electrical wiring and connection products that carry power from solar arrays to inverters.","why":"We follow it because the power needed to run AI, not the chips themselves, now sets the pace of the build, and Shoals supplies or moves that power.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SMPL","name":"Simply Good Foods","url":"https://grantbishop.pages.dev/index/SMPL","sells":"Simply Good Foods sells protein shakes, snack bars and other packaged nutrition products under brands such as Atkins and Quest.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-09"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SNOW","name":"Snowflake","url":"https://grantbishop.pages.dev/index/SNOW","sells":"Snowflake sells the AI Data Cloud, a platform that stores and analyzes companies' data on public cloud servers and adds artificial intelligence features.","why":"We follow it because it holds data the public web cannot reach, and AI tools can get more out of that data for the company that owns it.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-09-04"},"reports_next":{"date":"2026-12-02","kind":"expected"},"reports_next_text":"2 Dec · expected, per Nasdaq"},{"ticker":"SQM","name":"Sociedad Quimica y Minera","url":"https://grantbishop.pages.dev/index/SQM","sells":"Sociedad Quimica y Minera (SQM) extracts lithium from Chilean salt flats and sells it, mainly as battery-grade chemicals.","why":"We follow it because the race for computing power is also a race for the minerals that support it.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"20-F","filed":"2026-04-22"},"reports_next":{"date":"2026-11-17","kind":"expected"},"reports_next_text":"17 Nov · expected, per Nasdaq"},{"ticker":"SOUN","name":"SoundHound","url":"https://grantbishop.pages.dev/index/SOUN","sells":"SoundHound sells voice AI software that lets businesses and devices understand and respond to spoken requests.","why":"We follow it because its business is artificial intelligence itself.","questions":[{"slug":"ai-itself","question":"Whose business is AI itself?"}],"tests":["W-6"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SCCO","name":"Southern Copper","url":"https://grantbishop.pages.dev/index/SCCO","sells":"Southern Copper mines, smelts and refines copper and other metals, with major operations in Mexico and Peru.","why":"We follow it because the race to build more computing power also depends on the minerals underneath it.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"LUV","name":"Southwest Airlines","url":"https://grantbishop.pages.dev/index/LUV","sells":"Southwest Airlines sells short-haul passenger flights, and its fortunes depend on fuel costs, labor and travel demand that rise and fall with the wider economy.","why":"We follow it because its customers may change what they buy as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SFM","name":"Sprouts Farmers Market","url":"https://grantbishop.pages.dev/index/SFM","sells":"Sprouts Farmers Market runs a chain of grocery stores focused on fresh produce and natural foods.","why":"We follow it because weight-loss drugs and health trends may create demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"STT","name":"State Street","url":"https://grantbishop.pages.dev/index/STT","sells":"State Street is a custodian bank that holds and services securities and runs back-office operations for asset managers and pension funds.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"STRL","name":"Sterling Infrastructure","url":"https://grantbishop.pages.dev/index/STRL","sells":"Sterling Infrastructure builds the foundations, roadways and utility systems for data centers and other large facilities.","why":"We follow it because it builds, equips or runs the data centers that the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"STVN","name":"Stevanato Group","url":"https://grantbishop.pages.dev/index/STVN","sells":"Stevanato Group makes glass vials, syringes and drug-delivery devices that drugmakers use to package and deliver their medicines.","why":"We follow it because weight-loss drugs known as GLP-1 medicines must be manufactured, filled and delivered, and its business supplies those steps.","questions":[{"slug":"drug-supply","question":"Who supplies the making and delivery of the drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-03-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"GPCR","name":"Structure Therapeutics","url":"https://grantbishop.pages.dev/index/GPCR","sells":"Structure Therapeutics develops oral small-molecule drugs that target GLP-1, a gut hormone that regulates appetite and blood sugar.","why":"We follow it because its business sits among the companies the new weight-loss drugs may change.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SYK","name":"Stryker","url":"https://grantbishop.pages.dev/index/SYK","sells":"Stryker makes surgical equipment, orthopedic implants and medical devices that it sells to hospitals.","why":"We follow it because its business sits among the companies whose care and services the new weight-loss drugs may change.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SMCI","name":"Super Micro Computer","url":"https://grantbishop.pages.dev/index/SMCI","sells":"Super Micro Computer builds servers and the racks that house them, supplying the physical computing hardware that data centers rely on.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-K","filed":"2026-08-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"SYM","name":"Symbotic","url":"https://grantbishop.pages.dev/index/SYM","sells":"Symbotic designs and runs automated warehouse systems, with robots and software that move and sort goods for retailers and distributors.","why":"We follow it because AI is moving from software into machines that work in the physical world, and it may gain as that spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":{"date":"2026-11-23","kind":"expected"},"reports_next_text":"23 Nov · expected, per Nasdaq"},{"ticker":"TJX","name":"TJX","url":"https://grantbishop.pages.dev/index/TJX","sells":"TJX runs off-price apparel and home-goods stores such as T.J. Maxx and Marshalls, drawing shoppers with discounted brand-name merchandise rather than making the goods itself.","why":"We follow it because weight-loss drugs and health trends may change how much clothing and home goods people buy.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-28"},"reports_next":{"date":"2026-11-18","kind":"expected"},"reports_next_text":"18 Nov · expected, per Nasdaq"},{"ticker":"TSM","name":"TSMC","url":"https://grantbishop.pages.dev/index/TSM","sells":"Taiwan Semiconductor Manufacturing Company makes advanced chips designed by other firms.","why":"We follow it because its business sits among the companies that make the chips and chipmaking tools the AI build-out runs on.","questions":[{"slug":"chips","question":"Who makes the chips, and the tools to make them?"}],"tests":["W-6","W-2"],"latest_disclosed":{"form":"20-F","filed":"2026-04-16"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TLN","name":"Talen Energy","url":"https://grantbishop.pages.dev/index/TLN","sells":"Talen Energy owns and operates power plants, including nuclear facilities, and sells electricity into regional wholesale markets, mainly in the mid-Atlantic United States.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TNDM","name":"Tandem Diabetes","url":"https://grantbishop.pages.dev/index/TNDM","sells":"Tandem Diabetes sells insulin pumps and the software that works with them.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TDY","name":"Teledyne","url":"https://grantbishop.pages.dev/index/TDY","sells":"Teledyne makes sensors, imaging systems, and electronics for defense and industrial customers.","why":"We follow it because defense budgets are being rebuilt on a far longer timeline than quarterly earnings, and Teledyne supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TLX","name":"Telix Pharmaceuticals","url":"https://grantbishop.pages.dev/index/TLX","sells":"Telix Pharmaceuticals develops radiopharmaceuticals, cancer drugs that pair a radioactive atom with a molecule that guides it to tumours.","why":"We follow it because its science is close to the medicines behind the weight-loss drugs.","questions":[{"slug":"drug-science","question":"Whose science sits close to the new drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-02-20"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TEM","name":"Tempus AI","url":"https://grantbishop.pages.dev/index/TEM","sells":"Tempus AI sells software and genomic data analysis to hospitals and drugmakers.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TENB","name":"Tenable","url":"https://grantbishop.pages.dev/index/TENB","sells":"Tenable sells software that finds and tracks security weaknesses in corporate and government networks, including military and government technology.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TER","name":"Teradyne","url":"https://grantbishop.pages.dev/index/TER","sells":"Teradyne makes automatic test equipment that checks semiconductor chips and electronics before they ship, plus collaborative robots that work alongside people.","why":"We follow it because AI is spreading through the industries it serves and moving from software into machines that work in the physical world.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TSLA","name":"Tesla Optimus","url":"https://grantbishop.pages.dev/index/TSLA","sells":"Tesla's Optimus unit builds general-purpose humanoid robots designed to perform physical work.","why":"We follow it because its business sits among the companies that may gain indirectly as AI spreads.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"},{"slug":"robotics","question":"Who is taking AI into machines?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TEVA","name":"Teva","url":"https://grantbishop.pages.dev/index/TEVA","sells":"Teva sells generic, innovative and biosimilar medicines across many countries.","why":"We follow it because weight-loss drugs are spreading to markets outside the United States, and its business is part of that.","questions":[{"slug":"beyond-us","question":"Who carries the drugs to markets outside the United States?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TXN","name":"Texas Instruments","url":"https://grantbishop.pages.dev/index/TXN","sells":"Texas Instruments designs and makes analog and embedded chips that power everyday electronics.","why":"We follow it because its business sits among the companies whose economics the 2025 federal tax-and-spending law changes.","questions":[{"slug":"tax-law","question":"Whose economics did the 2025 tax law change?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-07-24"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TXRH","name":"Texas Roadhouse","url":"https://grantbishop.pages.dev/index/TXRH","sells":"Texas Roadhouse runs a chain of casual steakhouses serving mostly beef and dinner to families.","why":"We follow it because its sales depend on eating and drinking habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TOST","name":"Toast","url":"https://grantbishop.pages.dev/index/TOST","sells":"Toast sells cloud-based point-of-sale software and payment tools to restaurants.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TW","name":"Tradeweb","url":"https://grantbishop.pages.dev/index/TW","sells":"Tradeweb runs electronic marketplaces where institutional investors trade bonds and other fixed-income securities.","why":"We follow it because AI tools are changing how financial firms like it do their work.","questions":[{"slug":"finance","question":"How are financial firms changing with AI?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TDG","name":"TransDigm","url":"https://grantbishop.pages.dev/index/TDG","sells":"TransDigm designs and makes proprietary aircraft components, such as valves, pumps and power systems, for commercial and military planes.","why":"We follow it because defense spending is being rebuilt on a longer timeline than any single earnings season, and its business supplies that spending.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":{"date":"2026-11-11","kind":"expected"},"reports_next_text":"11 Nov · expected, per Nasdaq"},{"ticker":"TRV","name":"Travelers","url":"https://grantbishop.pages.dev/index/TRV","sells":"Travelers sells property and casualty insurance, which covers homes, cars, and businesses against losses.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-17"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TVTX","name":"Travere","url":"https://grantbishop.pages.dev/index/TVTX","sells":"Travere sells prescription medicines for rare kidney and metabolic diseases, earning revenue from patient treatment rather than from drug research or hospitals.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-04"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"TRMB","name":"Trimble","url":"https://grantbishop.pages.dev/index/TRMB","sells":"Trimble makes positioning, mapping and construction-software hardware and services.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-12"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"USAR","name":"USA Rare Earth","url":"https://grantbishop.pages.dev/index/USAR","sells":"USA Rare Earth mines and processes rare earth minerals and makes magnets from them, which go into motors and electronics.","why":"We follow it because the race for computing power also depends on the minerals beneath it.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"UA","name":"Under Armour","url":"https://grantbishop.pages.dev/index/UA","sells":"Under Armour sells athletic apparel and footwear, and its brand marketing persuades shoppers to pick its products.","why":"We follow it because weight-loss drugs and health trends may change how much demand there is for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"UAL","name":"United","url":"https://grantbishop.pages.dev/index/UAL","sells":"United Airlines sells passenger and cargo flights.","why":"We follow it because its revenue depends on how often businesses and travelers move, and weight-loss drugs may change what people buy.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-16"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"UAMY","name":"United States Antimony","url":"https://grantbishop.pages.dev/index/UAMY","sells":"United States Antimony mines and processes antimony, a metal used in flame retardants, ammunition and defense stockpiles, and holds claims that may contain tungsten.","why":"We follow it because the race for computing power also depends on the minerals that go into it.","questions":[{"slug":"minerals","question":"Who mines and refines the minerals under the build?"}],"tests":[],"latest_disclosed":{"form":"10-Q","filed":"2026-08-11"},"reports_next":{"date":"2026-11-11","kind":"expected"},"reports_next_text":"11 Nov · expected, per Nasdaq"},{"ticker":"UNH","name":"UnitedHealth","url":"https://grantbishop.pages.dev/index/UNH","sells":"UnitedHealth sells health insurance and care-management services, using its large store of claims and patient data.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"UEC","name":"Uranium Energy","url":"https://grantbishop.pages.dev/index/UEC","sells":"Uranium Energy mines and sells uranium, the fuel used in nuclear reactors.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-K","filed":"2026-09-29"},"reports_next":{"date":"2026-12-09","kind":"expected"},"reports_next_text":"9 Dec · expected, per Nasdaq"},{"ticker":"VEEV","name":"Veeva","url":"https://grantbishop.pages.dev/index/VEEV","sells":"Veeva sells cloud software that drug companies use to run drug development and sales.","why":"We follow it because it may gain indirectly as AI spreads through the businesses it serves.","questions":[{"slug":"ai-spreads","question":"Who may gain as AI spreads through other businesses?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":{"date":"2026-11-19","kind":"expected"},"reports_next_text":"19 Nov · expected, per Nasdaq"},{"ticker":"VTR","name":"Ventas","url":"https://grantbishop.pages.dev/index/VTR","sells":"Ventas is a real estate investment trust that owns senior housing and outpatient medical and research buildings, leasing some and sharing in the operating results of others.","why":"We follow it because its tenants and residents may change how they spend as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-30"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"VRT","name":"Vertiv","url":"https://grantbishop.pages.dev/index/VRT","sells":"Vertiv sells infrastructure technology products and solutions through distributors and original equipment manufacturers.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"VIK","name":"Viking Holdings","url":"https://grantbishop.pages.dev/index/VIK","sells":"Viking Holdings runs luxury river and ocean cruises, relying on its marketing and brand to draw travelers to its ships.","why":"We follow it because weight-loss drugs and health trends may change the demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"20-F","filed":"2026-03-03"},"reports_next":{"date":"2026-11-18","kind":"expected"},"reports_next_text":"18 Nov · expected, per Nasdaq"},{"ticker":"VKTX","name":"Viking Therapeutics","url":"https://grantbishop.pages.dev/index/VKTX","sells":"Viking Therapeutics develops experimental injections for obesity and diabetes that are meant to mimic GLP-1, a gut hormone that controls appetite.","why":"We follow it because weight-loss drugs based on GLP-1 are changing what people eat and drink, and Viking's business is built around those medicines.","questions":[{"slug":"weight-loss-drugs","question":"Who makes the new weight-loss drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-29"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"VST","name":"Vistra","url":"https://grantbishop.pages.dev/index/VST","sells":"Vistra owns and operates power plants and sells electricity to utilities and large customers.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-10"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WBD","name":"WBD","url":"https://grantbishop.pages.dev/index/WBD","sells":"Warner Bros. Discovery owns film, television and streaming brands, along with a large library of its own content.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WELL","name":"Welltower","url":"https://grantbishop.pages.dev/index/WELL","sells":"Welltower owns and operates senior housing and healthcare properties, leasing them to care providers.","why":"We follow it because its rents depend on care providers whose business may change as weight-loss drugs spread.","questions":[{"slug":"customers-adjust","question":"Which businesses must adjust as their customers change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-28"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WEN","name":"Wendy's","url":"https://grantbishop.pages.dev/index/WEN","sells":"Wendy's sells burgers and fries through franchised and company-run restaurants.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WST","name":"West Pharmaceutical","url":"https://grantbishop.pages.dev/index/WST","sells":"West Pharmaceutical makes rubber stoppers, syringes and injection components that carry medicines safely from manufacturer to patient.","why":"We follow it because its business sits among the companies that make and deliver the new weight-loss drugs.","questions":[{"slug":"drug-supply","question":"Who supplies the making and delivery of the drugs?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-23"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WMB","name":"Williams","url":"https://grantbishop.pages.dev/index/WMB","sells":"Williams operates natural gas pipelines that carry fuel to the power plants supplying electricity to data centers.","why":"We follow it because its business sits among the companies that supply the power the AI build-out needs.","questions":[{"slug":"power","question":"Who supplies the power?"}],"tests":["W-3"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-03"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WOLF","name":"Wolfspeed","url":"https://grantbishop.pages.dev/index/WOLF","sells":"Wolfspeed makes silicon carbide semiconductors used in electric vehicles and power systems.","why":"We follow it because the 2025 federal tax-and-spending law changes the economics of its business.","questions":[{"slug":"tax-law","question":"Whose economics did the 2025 tax law change?"}],"tests":[],"latest_disclosed":{"form":"10-K","filed":"2026-08-20"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"WDAY","name":"Workday","url":"https://grantbishop.pages.dev/index/WDAY","sells":"Workday sells cloud software for human resources and finance.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-27"},"reports_next":{"date":"2026-11-24","kind":"expected"},"reports_next_text":"24 Nov · expected, per Nasdaq"},{"ticker":"XPOF","name":"Xponential Fitness","url":"https://grantbishop.pages.dev/index/XPOF","sells":"Xponential Fitness franchises boutique fitness studios and sells their branded workout programs.","why":"We follow it because weight-loss drugs and health trends may change the demand for what it sells.","questions":[{"slug":"sales-grow","question":"Whose sales may the drugs grow?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-07"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"YUM","name":"Yum! Brands","url":"https://grantbishop.pages.dev/index/YUM","sells":"Yum! Brands franchises fast-food chains KFC, Pizza Hut and Taco Bell, earning fees from restaurants it mostly does not own.","why":"We follow it because its sales depend on eating habits that weight-loss drugs and health trends may change.","questions":[{"slug":"sales-shrink","question":"Whose sales may the drugs shrink?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ZG","name":"Zillow","url":"https://grantbishop.pages.dev/index/ZG","sells":"Zillow runs the largest online real estate marketplace in the United States, selling home listings, advertising and mortgage referrals.","why":"We follow it because its business sits among the companies that hold data the public web cannot reach.","questions":[{"slug":"proprietary-data","question":"Who holds data the public web cannot reach?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ZBH","name":"Zimmer Biomet","url":"https://grantbishop.pages.dev/index/ZBH","sells":"Zimmer Biomet makes artificial joints, implants, and surgical tools used in knee and hip operations.","why":"We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.","questions":[{"slug":"care","question":"Whose care and services may the drugs change?"}],"tests":["W-7"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-05"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"ZS","name":"Zscaler","url":"https://grantbishop.pages.dev/index/ZS","sells":"Zscaler sells cloud-delivered software that screens and protects corporate network traffic.","why":"We follow it because its business sits among the companies that supply the rebuilding of defense.","questions":[{"slug":"defense","question":"Who supplies the rebuilding of defense?"}],"tests":[],"latest_disclosed":{"form":"10-K","filed":"2026-09-03"},"reports_next":{"date":"2026-11-24","kind":"expected"},"reports_next_text":"24 Nov · expected, per Nasdaq"},{"ticker":"IBIT","name":"iShares Bitcoin Trust","url":"https://grantbishop.pages.dev/index/IBIT","sells":"iShares Bitcoin Trust is an exchange-traded fund that holds bitcoin and sells shares that follow its price.","why":"We follow it because the House View watches bitcoin and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"IAU","name":"iShares Gold Trust","url":"https://grantbishop.pages.dev/index/IAU","sells":"An exchange-traded fund that holds physical gold bullion and issues shares tracking its price, so investors can own gold without storing it.","why":"We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.","questions":[{"slug":"hard-assets","question":"Who holds the hard assets?"}],"tests":["W-1"],"latest_disclosed":{"form":"10-Q","filed":"2026-08-06"},"reports_next":null,"reports_next_text":"not yet announced"},{"ticker":"NVT","name":"nVent","url":"https://grantbishop.pages.dev/index/NVT","sells":"nVent sells electrical enclosures, cooling equipment and power-connection products that keep data centers and other computing facilities safe and running.","why":"We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.","questions":[{"slug":"data-centers","question":"Who builds and equips the data centers?"}],"tests":["W-3","W-2"],"latest_disclosed":{"form":"10-Q","filed":"2026-07-31"},"reports_next":null,"reports_next_text":"not yet announced"}],"note":"No prices. A map of what each company sells and where it sits, not a quote board."}