Alerts

Active and historical risk diagnostics with metric evidence.

Active Alerts
SeverityDateTitleLayerEntityEvidence
Warning
Data center debt issuance accelerated
Data center debt issuance accelerated, raising the share of AI infrastructure funded by capital markets rather than operating cash flow.
Capital Markets / Funding / ValuationData Center Debt Issuance
Watch
Paid user growth decelerated for multiple periods
Paid user growth has decelerated for at least two consecutive periods.
AI Applications and Model MonetizationPerplexity
Warning
Token unit economics turned negative
Estimated revenue per token is below estimated cost per token, indicating pressure on model monetization.
AI Applications and Model MonetizationAnthropic
Watch
AI usage is not keeping pace with paid revenue
Usage growth is materially ahead of paid AI revenue growth, so monetization quality is lagging adoption.
Enterprise Spending and AI ROIServiceNow
Warning
AI adoption rose while net revenue retention weakened
Reported AI adoption is not preventing weaker expansion or churn signals.
Enterprise Spending and AI ROISalesforce
Warning
Grid interconnection delays increased materially
Grid delays increased while AI infrastructure demand remains high, raising schedule and cost risk.
Data Center / Power / InfrastructurePower Utilities
Watch
Low-PE Bubble Watch: normalized valuation is above sector median
Reported PE looks inexpensive, but normalized PE is above the sector median, indicating possible peak-earnings distortion.
Semiconductor and Hardware Supply ChainNVIDIA
Watch
Backlog quality deteriorated
Backlog quality weakened, so headline backlog may overstate durable revenue visibility.
Semiconductor and Hardware Supply ChainBroadcom
Warning
Semiconductor margins are extreme while inventory is rising
Gross margin is above the 90th historical percentile and inventory days increased quarter over quarter.
Semiconductor and Hardware Supply ChainNVIDIA
Warning
Hyperscaler CapEx spread exceeded threshold
CapEx growth exceeded cloud revenue growth by more than 25 percentage points, raising overbuild risk relative to visible monetization.
Hyperscaler CapEx and Cloud ROIAlphabet
Warning
Hyperscaler CapEx spread exceeded threshold
CapEx growth exceeded cloud revenue growth by more than 25 percentage points, raising overbuild risk relative to visible monetization.
Hyperscaler CapEx and Cloud ROIAmazon
Warning
Hyperscaler CapEx spread exceeded threshold
CapEx growth exceeded cloud revenue growth by more than 25 percentage points, raising overbuild risk relative to visible monetization.
Hyperscaler CapEx and Cloud ROIMicrosoft
Warning
Hyperscaler CapEx spread exceeded threshold
CapEx growth exceeded cloud revenue growth by more than 25 percentage points, raising overbuild risk relative to visible monetization.
Hyperscaler CapEx and Cloud ROIOracle
Warning
Semiconductor margins are extreme while inventory is rising
Gross margin is above the 90th historical percentile and inventory days increased quarter over quarter.
Semiconductor and Hardware Supply ChainBroadcom
Watch
Consumer spending rose while real income weakened
Real disposable income declined while consumer spending rose and revolving credit accelerated.
Consumer and Labor IncomeRetail Demand