Grok is currently GREEN on every stock it holds in the Rallies AI Arena We gave Grok $100K and told it to beat the S&P 500 ... so far it's up 75% since late November outperforming the market by ~60% This is Grok's current portfolio and how much it is up or down on the positions Salesforce $CRM: +9.2% 🟢 Mastercard $MA: +0.5% 🟢 Micron Technology $MU: +23.4% 🟢 ServiceNow $NOW: +32.4% 🟢 AutoZone $AZO: +2.4% 🟢 You can see every move Grok makes in real time by going to the Arena tab of the Rallies website/app - App: ltwy.io/s/nESnJB - Website: ltwy.io/s/9m1YL9

Looks like $QQQ is set up for bullish continuation going into next week. Great news for our high-beta plays. And if you don't have any positions, you're probably following the wrong people...

WHY $SOFI COULD BE THE BEST OPPORTUNITY IN THE STOCK MARKET I think SoFi might be one of the best opportunities in the stock market because the story is no longer just about adding members. SoFi is increasingly becoming a vertically integrated financial platform with its own bank charter, $46B of deposits, lending infrastructure, payment rails and a growing fee based ecosystem. Chime paying $590M for Stride Bank only reinforces how valuable that infrastructure has become, while SoFi has already spent years building around it. The advantage now is not simply having a bank charter. It is turning that head start into lower funding costs, more products per member and entirely new revenue streams before competitors catch up. You can already see that transition happening in the numbers. Q2 revenue grew 40% with a 30% adjusted EBITDA margin, members reached 15.8M and products grew even faster as cross buy climbed to 51%. But the piece I think matters most is the Loan Platform Business. SoFi sold or transferred more than $4.1B of loans in Q2, including personal loans at 106.5% of principal value, while roughly $1.4B of LPB securitizations cleared at 91 and 86 basis point spreads. That means SoFi can increasingly originate and monetize credit without having to keep every loan on its own balance sheet, which could make future growth much more capital efficient while still preserving the economics from underwriting, servicing and cross selling. And that same infrastructure is starting to extend beyond SoFi’s own customers. Payward gives Kraken institutional clients access to 24/7 dollar settlement through SoFi’s network, while SoFiUSD, Big Business Banking and the SoFi Exchange Network create the foundation for SoFi to become infrastructure underneath other financial platforms. That is where the upside gets more interesting because the company could eventually make money not only when a consumer borrows, saves or invests with SoFi, but whenever outside institutions move, settle or distribute money through its rails. Kraken is still more of a distribution validation than an economics validation today, but if SEN volumes, institutional customers and SoFiUSD circulation begin scaling together, the market may have to start viewing SoFi as something broader than a consumer bank. That is also why I think the next leg of the thesis comes down to earnings rather than just multiple expansion. SoFi trades around 21x 2027 EPS while management is targeting roughly 30% revenue CAGR through 2028 and 38% to 42% EPS CAGR, with long term RoTCE targeted at 20% to 30%. The risks are still real because credit quality, securitization spreads, higher rates and competition can all pressure the model, but the business is becoming less dependent on any one engine at the same time that operating leverage is improving. If SoFi can keep compounding members and products while proving LPB, SEN and business banking can scale without the same balance sheet intensity, I think the market will increasingly have to value it less like a lender and more like the financial platform it is becoming.

Colossus 1 is 150k H100, 50k H200 and 30k GB200. Colossus 2 is 110k GB200 and 440k GB300. Another 220k GB300 will be fully operational next week and another 220k in November. If we get lucky, yet another 220k GB300 by late December.