Finding the Next Bottleneck: Why I Still Prefer the Nasdaq 100

Is Google's $80 Billion Equity Raise a Sign of Strength or Desperation?

Alphabet announced last night it is raising $80 billion in equity to fund its AI CapEx buildout. That includes a $40 billion at the market offering, $30 billion in convertible preferred stock, and a $10 billion private placement with Berkshire Hathaway at a meaningful discount to the closing price. This morning I walk through what this actually means, why the bulk of the proceeds are not going directly to AI infrastructure but rather to employee equity tax obligations, and why it all comes from the same pot regardless. I also give my take on what Greg Abel's decision to partner with Alphabet tells us about where Berkshire sees the AI trade going. And I close with Tom Lee's bull case on why the US is becoming the compute exporter for the entire world, and why that framing actually makes the hyperscaler CapEx story make a lot more sense. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Google #Alphabet #GOOGL #Berkshire #BRK #GregAbel #AICapEx #Hyperscalers #SpaceX #IPO #TomLee #Nvidia #NVDA #Palantir #PLTR #SaaSsummer #stockanalysis #marketwatch #RigatoniCapital $GOOGL $BRK.B $NVDA $PLTR $APP $QQQ $DELL $HPE

Why I Added This Biotech Stock to My Watchlist

I spent the weekend researching Eli Lilly and wrote a post on Substack about why I added it to my watchlist. I am not a biotech expert, I cannot read a phase three trial, and this is not my natural habitat as an investor. But when you see a one trillion dollar company growing sales revenue 56% year over year with 45% operating margins that look more like a software business than a pharma company, it gets your attention. I walk through my thought process on the stock, the GLP-1 story, the AI drug discovery angle, the Nvidia connection, and why I think the right entry point matters more than chasing it here. I also touch on the software rotation that is quietly happening right now, with IGV outperforming the SOX over the last 28 days, and what that means for bears who are short AI names like Palantir. Big earnings week ahead with Palo Alto, Broadcom, and CrowdStrike all reporting. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #EliLilly #LLY #Biotech #Pharma #GLP1 #AIDisruption #SoftwareStocks #IGV #Palantir #PLTR #AppLovin #APP #Broadcom #AVGO #CrowdStrike #CRWD #PaloAlto #PANW #stockanalysis #marketwatch #RigatoniCapital $LLY $PLTR $APP $AVGO $CRWD $PANW $QQQ $IGV

Snowflake Sparks a Software Rally and What I Learned from Dan Loeb This Week

Snowflake reported an extraordinary quarter and the software sector is responding. Palantir was up 10% yesterday, AppLovin crossed $600 a share, Dell surged 30%, and even Salesforce turned green. This morning I ask the question: is this the turning point in the AI Disruption narrative for software stocks, or just a normal bounce in a longer bear market? Snowflake's Cortex Code AI agent and their $6 billion AWS commitment may have been the last example investors needed before sentiment shifted. I also go through what I took away from Dan Loeb's appearance on the Invest Like The Best podcast this week, including his view that Nvidia at 15 times 2027 earnings is still one of the most attractive setups in the market, why the hyperscaler CapEx story is nothing like the dot-com bubble, and what he thinks makes a great analyst today versus 20 years ago. I also touch on Caterpillar, TransDigm, Costco, and the Union Pacific merger situation. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Snowflake #SNOW #DanLoeb #ThirdPoint #SoftwareStocks #AIDisruption #Palantir #PLTR #AppLovin #APP #Dell #DELL #Nvidia #NVDA #Caterpillar #CAT #TransDigm #TDG #Costco #COST #IGV #stockanalysis #marketwatch #RigatoniCapital $SNOW $PLTR $APP $NVDA $CAT $TDG $COST $DELL $QQQ $IGV

Finding the Next Bottleneck: Why I Still Prefer the Nasdaq 100

Markets are catching a breather after the unbelievable run in semiconductors. This morning I talk about the people on social media getting filthy rich finding bottleneck plays in memory chips, refined rare earths, and nuclear, and whether that is skill, luck, or a little bit of both. Someone turned $700K into $20 million finding the right bottleneck and putting in the work. I am not dismissing that. But in the age of social media these stories get amplified in a way that makes it feel like everyone is getting rich when really it is a small number of people. I also cover Salesforce earnings, which beat across the board and announced the largest share buyback in company history, and the stock sold off anyway. That tells you everything you need to know about where the market stands on AI Disruption in software right now. And I close with my honest take: after everything I have seen this cycle, I wish the Nasdaq 100 was an even larger part of my portfolio. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Salesforce #CRM #Marvell #MRVL #Snowflake #SNOW #AIDisruption #SoftwareStocks #Bottleneck #Semiconductors #SMH #NVDA #LamResearch #LRCX #Palantir #PLTR #AppLovin #APP #stockanalysis #marketwatch #RigatoniCapital $CRM $MRVL $SNOW $NVDA $LRCX $PLTR $APP $QQQ $SMH

Micron and SK Hynix Join the $1 Trillion Club: Investors Are Getting Filthy Rich

Micron Technology just became the fastest company in history to go from a $500 billion to a $1 trillion market cap, doing it in roughly 48 days. SK Hynix is now the twelfth largest company on earth. Samsung is eleventh. TSMC is comfortably above $2 trillion. The memory chip super cycle is going parabolic and I have not made a single move since April 10th. This morning I walk through what that means for long term investors who are already positioned, why I am watching the dopamine hits from the sidelines rather than chasing momentum, and what the Cerebras CEO Andrew Feldman said on the 20VC podcast about why we are not in a bubble this time. I also play a clip from Jeremy Grantham on the Mag 7 and what the shift from monopoly to brutal competition in AI actually means for how you should be positioned. My honest take: own the Nasdaq 100. You cannot pick the winner in this AI war and you probably do not need to. Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore. Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.com [https://rigatonicapital.substack.com] Disclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions. #investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Micron #MU #SKHynix #Samsung #TSMC #TSM #Semiconductors #SMH #MemoryChips #JeremyGrantham #Cerebras #Mag7 #AIstocks #Nvidia #NVDA #Palantir #PLTR #AppLovin #APP #stockanalysis #marketwatch #RigatoniCapital $MU $NVDA $PLTR $APP $QQQ $SMH $LRCX $FRDM