Clargus is a compounding stock market intelligence platform for investors and investment teams. Sample briefings and essays from Clargus.https://clargus.com/en-ushttps://clargus.com/clargus-logo-512.pnghttps://clargus.com/https://clargus.com/insights/ubtech-humanoid-battery-consumable/https://clargus.com/insights/ubtech-humanoid-battery-consumable/A humanoid robot charges its battery more times in a week than your car does in a year. The leaders fixed runtime by swapping packs, and that turns the battery into a consumable.Sun, 18 Oct 2026 00:00:00 GMTMECHANISMRobotics, batterieshttps://clargus.com/insights/carriers-starlink-mobile/https://clargus.com/insights/carriers-starlink-mobile/Your phone company lost 13% in one day. Not because of earnings. Because a rocket company bought radio spectrum, and the carriers’ own satellite partner was outbid for the same band.Tue, 13 Oct 2026 00:00:00 GMTREPRICINGTelecomhttps://clargus.com/insights/moderna-one-drug-two-tapes/https://clargus.com/insights/moderna-one-drug-two-tapes/Moderna’s revenue fell from $18 billion a year to $145 million a quarter. The stock is up more than 600% this year. The company that owns half of the reason has not moved.Tue, 13 Oct 2026 00:00:00 GMTPAIR DIVERGENCEBiotechhttps://clargus.com/insights/humana-wins-by-shrinking/https://clargus.com/insights/humana-wins-by-shrinking/Humana is dropping about 600,000 Medicare customers next year. The stock closed at a 52-week high, up 70% this year. Here is how a health insurer wins by getting smaller.Tue, 13 Oct 2026 00:00:00 GMTMECHANISMHealth insurancehttps://clargus.com/insights/mattel-licensing-bid/https://clargus.com/insights/mattel-licensing-bid/On October 1 Mattel’s chief executive left for Paramount and Authentic Brands Group approached the board with an offer reported near $6 billion against a $3.6 billion market value. The gap is the board.Tue, 13 Oct 2026 00:00:00 GMTTAKEOVERConsumer, toyshttps://clargus.com/insights/renault-stellantis-same-deal/https://clargus.com/insights/renault-stellantis-same-deal/Europe just cut Chinese hybrid imports by more than half. Every European carmaker is on the same side of that deal. Their shareholders are not.Tue, 13 Oct 2026 00:00:00 GMTPOLICY SHIFTAutos, Europehttps://clargus.com/blog/retrieval-is-not-intelligence/https://clargus.com/blog/retrieval-is-not-intelligence/Finding a source is useful. Knowing what it changes about an investment is the harder job. A research process needs to do both, and remember the answer.Tue, 13 Oct 2026 00:00:00 GMTResearch processhttps://clargus.com/blog/signals-fade-between-quarters/https://clargus.com/blog/signals-fade-between-quarters/The investment memo captures a view at one moment. The assumptions, sources, and unresolved questions need a life beyond that moment.Tue, 13 Oct 2026 00:00:00 GMTResearch continuityhttps://clargus.com/blog/second-order-exposures/https://clargus.com/blog/second-order-exposures/Sector labels do not tell the whole story. Shared suppliers, customers, financing, or regulation can connect investments that look unrelated on a portfolio screen.Tue, 13 Oct 2026 00:00:00 GMTPortfolio researchhttps://clargus.com/insights/india-refining-divergence/https://clargus.com/insights/india-refining-divergence/Two Indian oil stocks. One at a 52-week low, the other up 87% this year. The first owns 52% of the second. The hidden story is not oil prices. It is who gets to keep the margin.Sun, 11 Oct 2026 00:00:00 GMTPAIR DIVERGENCEEnergy, Indiahttps://clargus.com/insights/pbf-refining-off-switch/https://clargus.com/insights/pbf-refining-off-switch/PBF lost money for four straight quarters into mid-2025, then earned $906M last quarter. The stock is up 216% this year. On Thursday the trade changed character.Sun, 11 Oct 2026 00:00:00 GMTCATALYSTEnergy, refininghttps://clargus.com/insights/zim-takeover-under-a-rates-trade/https://clargus.com/insights/zim-takeover-under-a-rates-trade/ZIM is up 46% this year and sits 2% from its high. Most of the market reads that as a rates trade. The graph shows a takeover with a defence minister standing on it.Sun, 11 Oct 2026 00:00:00 GMTSPECIAL SITUATIONShipping, M&Ahttps://clargus.com/insights/vicor-ai-power-delivery-patent-fight/https://clargus.com/insights/vicor-ai-power-delivery-patent-fight/Everyone is watching who makes the next AI chip. Far fewer are asking who gets the electricity into it. Vicor builds that stage, and it has just taken a supply chain to the ITC.Sun, 11 Oct 2026 00:00:00 GMTSUPPLY CHAINAI infrastructurehttps://clargus.com/insights/eldorado-copper-under-gold-label/https://clargus.com/insights/eldorado-copper-under-gold-label/A copper search returned a gold miner. The arithmetic says the label is half right: copper is a tenth of revenue, and the real mislabel is "struggling gold miner".Sun, 11 Oct 2026 00:00:00 GMTHIDDEN EXPOSUREGold, mining