Daily ideas

The FDA told uniQure a sham-surgery control is no longer required, moving the cost of rare-disease gene therapy onto delivery hardware and endpoint instruments.

Altius Minerals and Clearway Energy told 2026 earnings calls that fewer investors bid to finance US renewable projects; Altius took GBR from 29% to 50%.

Viant says over 80% of its CTV ad spend now clears through direct access to publisher ad servers, up from just over 50% in Q1, at 35% lower CPMs.

CEVA said a company that builds both its hardware platform and OS licensed its NPU design. Licensing revenue hit a three-year high; royalties stayed flat.

Alcon and Bausch + Lomb reported flat US cataract volume in Q2 2026; growth now comes from premium intraocular lenses, worth $15 million a point to Alcon.

AST SpaceMobile's Japanese GLEO award brings up to about $1 billion of non-dilutive, non-debt government capital, covering roughly half the cost of those satellites.

Hesai booked its first RMB 45 million of actuation revenue while XPeng said 85% of IRON's core parts are in-house, as humanoid joint actuators stay scarce.

Non-traded fund redemptions of 10-38% pulled bidders out of large sponsor loans; KBDC printed SOFR+566 and FSK saw spreads up to 75bp wider.

On 23 August 2026 Nuix and Tongdao Liepin repriced AI as governed access to their own data: AI billings nearly doubled on a paying base that grew 0.4%.

NAPCO radio unit sales rose 40% year over year and Chorus pulled copper retirement forward to end-2028 after regulators freed carriers to set the shutoff date.

Pivotree and Multiconsult both report already-funded projects failing to start, and both say money is not the reason: clients are waiting on AI, not on budget.

Applied Materials hands suppliers an eight-quarter build schedule and KLA is signing 2029 component capacity deals; Camtek's orders now ship in 2027.

China's May 2026 plan makes offshore brokers block mainland deposits and buy orders in their own apps; Futu says mid-single-digit percent of client assets left.

ATRenew and JD.com told Q2 2026 calls that memory-driven phone price hikes slowed new-device revenue while lifting used handsets; refurbished revenue rose 87.8%.

Cabot, LSI Industries and Flowers Foods all cited the same 2026 crude spike on August calls, but recovery ranged from pricing ahead of cost to no recovery at all.

Erdene and Largo told August 2026 calls that Asian buyers and unsolicited bidders approached their undeveloped molybdenum and tungsten assets before any study.

Lufax and Aurora Mobile told August 2026 calls China's 24% all-in loan cap raised credit costs and cut risk-data revenue at firms that never charged above it.

KGHM and Evolution Mining told August 2026 calls that deposit prices are overstated, so growth budgets go to brownfield lines, pit cutbacks and dividends.

Alibaba, Tencent and Kingsoft Cloud tied AI model-service profit to compute cost in August 2026 calls; Alibaba put chip-equipped server payback at three years.