Avory & Co.

Internal updates on Micron market share here at Avory.

Analyst digging through the numbers, looking at where share is moving, what’s driving it, and whether Micron is gaining ground or potentially at risk.

The headlines are one thing. We want to understand what’s actually changing underneath them.

Research mode. 🔬

Internal updates on Micron market share here at Avory.

Analyst digging through the numbers, looking at where share is moving, what’s driving it, and what it could mean going forward.

OR are they at risk?

The headlines are one thing. We want to understand what’s actually changing underneath them.

Research mode. 🔬

Employment continues to migrate higher.

ADP's weekly Pulse shows private hiring accelerating for a third straight week, with the four-week average at +20K. Our CIO has been discussing the divergence: a pretty big inflection in agentic tools this year, yet more hiring, not less.

Full history in our weekly ADP Pulse tracker below.

Just dug into Meta Muse along with the pod we just made.

Does it matter for ChatGPT? We think so.

Then Fed hikes. History says fine.

Plus the consumer, Hormuz oil, and AI referrals eating search.

Issue 331 of Investing with Data:
https://open.substack.com/pub/investingwithdata/p/14-charts-meta-vs-chatgpt-a-healthy?r=8z348

Meta launched Meta Muse. It still sits at number one in the App Store. It has gone viral. It is agentic. And they just announced developer initiatives on top of it.

As we have been expressing (and we are shareholders), Meta remains the number one AI play given the three C's: context, capital, and compute.

Sean on what it does, the use cases, and what we are watching.

https://youtu.be/Qd0quglSoPs

How does the market move on Fed meeting weeks?

As we have been suggesting, the conclusion is generally positive. 2022 skews a lot of the weekly data.

The consumerization of healthcare is a real shift, not a talking point.

Oura filed to go public this week. $1.2B in revenue. Profitable. 5M paying subscribers. A ring from Finland beat big tech at consumer health.

We spent this week's Around the Desk on why it happened and what it signals for the category.

Worth twenty minutes if you missed it.

https://youtu.be/bHiLHD3bd3g

New Investing with Data newsletter is out.

We spoke about inflation, growth staying firm, the AI buildout and Altman calling for a slowdown, Apple's foldable finally shipping, and betting turning into a real consumer category.

https://open.substack.com/pub/investingwithdata/p/10-charts-growth-inflation-view-apple

UiPath and Snowflake put up healthy numbers.

As enterprises look for data gravity and governance, and then look for orchestration platforms they trust, both names fit the moment.

Only thing is SBC on Snowflake is obscene.