Next Arc Research

Introduction

Next Arc Research is built around one question: as AI makes it cheaper to think, coordinate, and build, which companies are positioned to benefit most — and can we spot them before it shows up in the earnings? Every week, we analyze ~120 public companies, tracking where real advantages are forming, what the risks are, and what evidence would change our mind. See the FAQ.

Grounded in my own investing thesis and AI expertise, Next Arc Research leverages advanced reasoning models and extensive web research to evaluate companies through qualitative and quantitative signals of long-term potential. The framework is inspired by Emad Mostaque's "The Last Economy" thesis — the view that we’re entering a phase of unprecedented technological acceleration that will redefine how value emerges across industries.

Disclosure: I hold long positions in most of the companies I analyze on this platform. The detail page of any company will be specific as to whether I hold that company. My allocation to any particular company varies based on implied growth, risk and other factors. This is not investment advice and I am not paid to promote any company.

Methodology

Each week, AI models run fresh research on every company and score them across five dimensions:

• Growth Potential: Where could this company be in 5 years? Scores range from flat/declining to 10x+.
• Risk Profile: 10 weighted factors — technology maturity, regulatory exposure, capital needs, macro sensitivity, and more.
• AI Advantage: Not "does this company use AI?" but "does AI make this company harder to compete with?"
• Competitive Position: Who are the real threats, and where are the durable edges?
• Week-over-Week Trends: How are scores shifting? What's improving or deteriorating before it hits the headlines?

The models pull from earnings calls, product launches, regulatory filings, and competitive developments — so the analysis reflects this week, not last quarter.

Coverage

I analyze a curated selection of public companies with significant exposure to transformative technology trends. My coverage includes:

• AI & Machine Learning infrastructure and applications
• Biotechnology and AI-driven drug discovery
• Quantum computing and advanced semiconductors
• Robotics and automation
• Fintech and crypto infrastructure
• Cloud computing and SaaS platforms
• Energy transition and climate tech

Currently covering 125 symbols:

AAOI Applied Optoelectronics, Inc. Applied Optoelectronics designs and manufactures optical networking products, including lasers, transceivers, and broadband equipment, for AI datacenter, cable, telecom, and fiber-access customers. ACHR Archer Aviation Inc. Archer develops electric and hybrid vertical aircraft, aviation software, and related infrastructure for commercial and defense markets, with current revenue coming mainly from Hawthorne Airport services. AI C3.ai, Inc. C3 AI sells enterprise AI software, applications, and related services for commercial and government customers, with strength in complex and regulated workflows. AISP Airship AI Holdings, Inc. Builds AI software, edge appliances, and support services that turn video and sensor data into searchable operational intelligence for government and commercial customers. ALAB Astera Labs, Inc. Astera Labs designs semiconductor connectivity products and supporting software that help hyperscalers and OEMs build rack-scale AI and cloud infrastructure. AMBA Ambarella, Inc. Ambarella designs low-power edge AI semiconductor chips and software used in cameras, vehicles, robots and other intelligent devices. AMD Advanced Micro Devices, Inc. AMD designs and sells CPUs, GPUs, networking silicon, adaptive chips and related software for data center, client, gaming and embedded markets. AMKR Amkor Technology, Inc. Amkor provides outsourced semiconductor packaging and test services, including advanced packaging for computing, communications, automotive and industrial chips. AMPX Amprius Technologies, Inc. Amprius develops and sells high-energy silicon-anode lithium-ion batteries under SiCore and SiMaxx for drones, aviation, defense, and other weight-sensitive mobility uses. AMZN Amazon.com, Inc. Amazon operates a global e-commerce marketplace, cloud infrastructure platform, advertising network, subscription ecosystem, and logistics network for consumers, sellers, developers, and enterprises. ANET Arista Networks, Inc. Arista sells high-performance Ethernet switches, routing, network software, and support for AI and cloud data centers, campus networks, and wide-area networks. APLD Applied Digital Corporation Applied Digital builds, owns, and operates power-dense data center campuses and hosting capacity for AI, cloud, and crypto workloads in North America. APP AppLovin Corporation AppLovin provides AI-driven advertising, user acquisition, and monetization software that connects advertisers with mobile app and other digital audiences. APUS Apimeds Pharmaceuticals US, Inc. A distressed NYSE American-listed company combining retained exposure to the LT-100/Apitox pain program with MindWave digital-asset treasury and custody ambitions. ARM Arm Holdings plc Arm licenses CPU and related semiconductor IP, compute subsystems, software tools, and selected silicon products used across mobile, cloud, PC, automotive, and AI infrastructure markets. ASML ASML Holding N.V. ASML supplies lithography, metrology, inspection, software and field services that chipmakers use to manufacture advanced semiconductors. ASTS AST SpaceMobile, Inc. AST SpaceMobile designs, manufactures and deploys satellites that connect ordinary smartphones directly to space-based cellular broadband through mobile operator partners. AUR Aurora Innovation, Inc. Aurora builds and commercializes a self-driving trucking system and related services for freight carriers, truck manufacturers, and logistics partners. AVAV AeroVironment, Inc. AeroVironment builds autonomous military systems and related software across loitering munitions, drones, counter-drone, space, cyber, and directed-energy defense markets. AVGO Broadcom Inc. Broadcom designs and supplies semiconductor and infrastructure software products, with major exposure to custom AI accelerators, AI networking, and private-cloud software. BBAI BigBear.ai Holdings, Inc. BigBear.ai sells AI software and related services for defense, national security, border and travel security, digital identity, and supply-chain decision workflows. BEAM Beam Therapeutics Inc. Beam Therapeutics develops base-editing genetic medicines for sickle cell disease and rare inherited liver and metabolic diseases. BFLY Butterfly Network, Inc. Butterfly Network sells handheld ultrasound devices, cloud workflow software, and AI-enabled imaging tools to clinicians, health systems, educators, and embedded partners. BKSY BlackSky Technology Inc. BlackSky provides subscription-based satellite imagery, geospatial analytics, and mission workflows to defense, government, and commercial customers through its Spectra software stack and owned low Earth orbit constellation. BWXT BWX Technologies, Inc. BWXT manufactures nuclear components, fuel and related services for U.S. defense programs and commercial nuclear customers. CBRS Cerebras Systems Inc. Cerebras designs wafer-scale AI compute systems and sells cloud inference, training, and dedicated AI capacity to model labs, enterprises, governments, and cloud partners. CDNS Cadence Design Systems, Inc. Cadence sells software, semiconductor IP, and hardware systems used to design chips, packages, boards, and complex engineered products. CEG Constellation Energy Corporation Constellation Energy generates electricity and sells power, natural gas, and related energy solutions to utilities, businesses, governments, and residential customers across the United States. CLS Celestica Inc. Celestica designs, engineers, manufactures, and supports complex data-center, networking, aerospace, defense, industrial, and health technology hardware for large enterprise customers. COHR Coherent Corp. Coherent is a vertically integrated photonics manufacturer supplying optical networking, lasers, devices, modules, systems, and engineered materials to datacenter, communications, industrial, and electronics markets. COIN Coinbase Global, Inc. Coinbase runs consumer, institutional, and developer crypto infrastructure for trading, custody, payments, and onchain financial workflows. CORZ Core Scientific, Inc. Core Scientific operates U.S. data centers that are being converted from bitcoin mining toward high-density AI colocation, while still running smaller self-mining and hosting businesses. CRDO Credo Technology Group Holding Ltd Credo sells high-speed connectivity chips, cables, optics, software and IP used in AI, cloud and hyperscale data infrastructure. CRM Salesforce, Inc. Salesforce sells cloud software for customer relationship management, service, data, analytics, collaboration, and AI-driven workflow automation. CRNC Cerence Inc. Cerence builds in-vehicle voice, conversational AI, and connected software used by automakers to power branded in-car experiences. CRSP CRISPR Therapeutics AG CRISPR Therapeutics develops gene-edited and gene-based therapies across hemoglobinopathies, cardiovascular disease, autoimmune disease, oncology, and diabetes. CRWD CrowdStrike Holdings, Inc. CrowdStrike provides cloud-delivered cybersecurity software and services that protect endpoints, cloud workloads, identities, data, and security operations. CRWV CoreWeave, Inc. CoreWeave provides GPU-centric cloud infrastructure, software, and managed services for AI training, inference, and production workloads. DDOG Datadog, Inc. Datadog sells a cloud observability and security software platform that helps enterprises monitor infrastructure, applications, logs, and related security workloads. DELL Dell Technologies Inc. Dell sells PCs, servers, storage, networking, financing and services, and is increasingly packaging AI infrastructure for enterprises and research customers. DNA Ginkgo Bioworks Holdings, Inc. Ginkgo Bioworks sells automated laboratory services, cloud-based experiment ordering, data-generation offerings, and RAC automation systems to biotech, pharma, industrial, agriculture, and government customers. EQIX Equinix, Inc. Equinix owns and operates carrier-neutral data centers and sells colocation, interconnection and related digital infrastructure services to enterprises, cloud providers and network service providers. ESTC Elastic N.V. Elastic sells software and cloud services that help enterprises search data, monitor systems, and detect security threats across cloud and self-managed environments. ETN Eaton Corporation plc Eaton makes power management hardware, systems and related software for data centers, utilities, industrial sites, buildings, aerospace and vehicle markets. FIVN Five9, Inc. Five9 provides cloud contact-center software, telephony, and AI automation tools for enterprise customer-service operations. FLNC Fluence Energy, Inc. Fluence Energy sells grid-scale battery storage systems, lifecycle services, and optimization software to utilities, developers, independent power producers, and large power users. FN Fabrinet Fabrinet provides advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services for complex products sold by OEM customers. GOOG Alphabet Inc. Alphabet operates Google’s search, advertising, YouTube, cloud, productivity, and AI platforms for consumers, developers, advertisers, and enterprises. HPE Hewlett Packard Enterprise Company HPE sells enterprise servers, storage, networking, hybrid cloud software, and related services to commercial and public-sector customers. HURA TuHURA Biosciences, Inc. TuHURA is a clinical-stage immuno-oncology company developing IFx-2.0, TBS-2025, and related immune-resistance programs for cancer treatment. HUT Hut 8 Corp. Hut 8 develops powered campuses, data center infrastructure, and compute businesses spanning AI capacity leasing, Bitcoin mining, and cloud and colocation services. INOD Innodata Inc. Innodata provides AI data engineering, model evaluation, workflow software, and healthcare document-structuring tools for AI builders and enterprises. IONQ IonQ, Inc. IonQ develops trapped-ion quantum computers and related networking, sensing, security, cloud, and manufacturing capabilities for enterprise, government, and research customers. IREN IREN Limited IREN develops, owns and operates power-backed data center infrastructure and GPU cloud capacity for AI training and inference, alongside a declining Bitcoin mining business. JBL Jabil Inc. Jabil provides design, supply chain, manufacturing, and lifecycle services for OEMs, with growing exposure to AI and data-center infrastructure. JOBY Joby Aviation, Inc. Joby develops electric air taxis, operates passenger aviation services through Blade, and is building commercial and defense aviation adjacencies. KDK Kodiak AI, Inc. Kodiak AI builds and deploys the Kodiak Driver autonomous vehicle system for long-haul trucking, industrial logistics, and defense vehicles. KTOS Kratos Defense & Security Solutions, Inc. Kratos develops and manufactures unmanned defense systems, propulsion, hypersonic and missile-related hardware, satellite ground systems, microwave electronics and related software for U.S. and allied national security customers. LITE Lumentum Holdings Inc. Lumentum makes lasers, photonic chips, optical modules, and optical switching systems used in AI data centers, telecom networks, industrial equipment, and sensing applications. LMND Lemonade, Inc. Lemonade sells renters, homeowners, car, pet, and term life insurance through a digital direct-to-consumer platform and partner APIs in the U.S. and parts of Europe. LSCC Lattice Semiconductor Corporation Lattice designs low-power programmable chips plus related software, IP, and firmware/manageability products used in servers, communications, industrial, automotive, and embedded systems. MBLY Mobileye Global Inc. Mobileye develops automotive vision chips, mapping, safety software, and autonomous-driving systems for automakers and mobility operators. META Meta Platforms, Inc. Meta operates global social, messaging, and media platforms monetized primarily through digital advertising, while building AI products, business tools, and consumer devices. MPWR Monolithic Power Systems, Inc. Monolithic Power Systems designs and sells power-management semiconductors and related solutions for data centers, storage, automotive, communications, industrial, and consumer electronics. MRVL Marvell Technology, Inc. Marvell designs fabless data-infrastructure semiconductors for AI, cloud, carrier and enterprise networks, including custom silicon, switching, optics, storage and security chips. MSFT Microsoft Corporation Microsoft sells cloud infrastructure, productivity software, business applications, security, developer tools, Windows, devices, search, and gaming services to enterprises, governments, and consumers. MSTR Strategy Inc Strategy sells enterprise analytics software and operates a large bitcoin treasury funded through common equity, preferred stock, and convertible debt. MTSI MACOM Technology Solutions Holdings, Inc. MACOM designs and manufactures high-performance semiconductor products for data center, telecommunications, industrial, and defense applications. MU Micron Technology, Inc. Micron designs, manufactures and sells memory and storage semiconductors including DRAM, NAND, NOR, HBM and SSD products for cloud, client, mobile, automotive and industrial markets. NBIS Nebius Group N.V. Nebius runs an AI cloud platform selling GPU compute, storage, networking, and inference software to developers and enterprises, while also owning Avride and TripleTen. NEE NextEra Energy, Inc. NextEra Energy owns Florida Power & Light and NextEra Energy Resources, combining a large regulated electric utility with a scaled developer and operator of power generation, storage and transmission assets. NET Cloudflare, Inc. Cloudflare operates a global edge network that sells cloud security, application performance, networking, and developer platform services to enterprises and developers. NNOX Nano-X Imaging Ltd. Nanox develops digital tomosynthesis imaging systems and sells related cloud, AI, teleradiology, and healthcare IT services to imaging providers and health systems. NOW ServiceNow, Inc. ServiceNow sells cloud software that helps enterprises and public-sector organizations manage and automate IT, employee, customer, security, and other workflow processes. NTAP NetApp, Inc. NetApp sells enterprise storage systems, data management software, and cloud data services built around ONTAP for hybrid and multicloud environments. NTLA Intellia Therapeutics, Inc. Intellia develops in vivo CRISPR gene-editing therapies for hereditary angioedema, transthyretin amyloidosis and other severe diseases. NTRA Natera, Inc. Natera provides clinician-ordered cell-free DNA and genetic testing across oncology, women’s health, and organ transplant monitoring. NVDA NVIDIA Corporation NVIDIA designs and sells accelerated computing hardware, networking, and software used in AI data centers, gaming, enterprise computing, and automotive systems. OKLO Oklo Inc. Oklo is developing and plans to own and operate advanced fast-fission power plants while building related fuel recycling and isotope-production capabilities in the United States. ON ON Semiconductor Corporation onsemi designs and manufactures power and sensing semiconductors used in automotive, industrial, and AI data-center systems. ORCL Oracle Corporation Oracle sells cloud infrastructure, database software, enterprise applications, and related services to large enterprises and governments. OUST Ouster, Inc. Ouster sells digital lidar sensors, stereo cameras, perception software, and traffic and security solutions for industrial, robotics, automotive, and smart infrastructure customers. PANW Palo Alto Networks, Inc. Palo Alto Networks sells cybersecurity products and cloud-delivered platforms across network security, cloud security, security operations, AI security and identity for enterprises and public-sector customers. PATH UiPath, Inc. UiPath sells enterprise software to build, run, orchestrate, test, and govern automations, software robots, and AI-driven workflows. PDYN Palladyne AI Corp. Palladyne AI develops defense-focused autonomy software, avionics, UAV-related systems, engineering services, and precision manufacturing for U.S. government and industrial customers. PL Planet Labs PBC Planet sells satellite imagery, geospatial data, dedicated capacity, satellite services, and software tools to government and commercial customers. PLTR Palantir Technologies Inc. Palantir sells software that helps governments and enterprises organize data, run operations, and deploy AI in sensitive workflows. POET POET Technologies Inc. POET Technologies designs optical engines, light-source products, and custom modules for AI and hyperscale data-center interconnects using its Optical Interposer platform. PRME Prime Medicine, Inc. Prime Medicine is a clinical-stage biotechnology company developing one-time genetic therapies using prime editing for rare liver, lung, and blood disorders. PWR Quanta Services, Inc. Quanta Services provides specialized engineering, construction, maintenance and upgrade services for electric power, utility, communications and related critical infrastructure networks. QBTS D-Wave Quantum Inc. D-Wave develops quantum computing systems and sells cloud access, software, and related services to commercial, government, and research customers. QUBT Quantum Computing Inc. Quantum Computing Inc. develops and sells photonic quantum machines, photonics components, foundry services, and advanced semiconductor packaging services for government, research, and commercial customers. RCAT Red Cat Holdings, Inc. Red Cat sells defense-focused unmanned aircraft, uncrewed surface vessels, ground control systems, and related autonomy software for military, government, and public safety users. RDVT Red Violet, Inc. Red Violet provides identity intelligence software and data to help enterprises, public-sector agencies, and professionals verify people and businesses, manage risk, fight fraud, and improve safety. RGTI Rigetti Computing, Inc. Rigetti designs and manufactures superconducting quantum processors, sells on-premises quantum systems, and provides cloud access to those systems for government, research, and enterprise users. RIOT Riot Platforms, Inc. Riot Platforms operates bitcoin mining sites, develops and leases AI-ready data center capacity, and provides electrical engineering and fabrication services. RKLB Rocket Lab Corporation Rocket Lab provides launch services, satellites, spacecraft components, and mission operations for commercial, government, and defense customers. RLAY Relay Therapeutics, Inc. Clinical-stage biotechnology company using its Dynamo discovery engine to develop small-molecule precision medicines for cancer and genetic disease. RMBS Rambus Inc. Rambus sells memory interface chips and licenses interface and security silicon IP used in AI, data center and other high-performance computing systems. RR Richtech Robotics Inc. Richtech Robotics designs, manufactures, deploys, and services commercial and industrial robots for hospitality, healthcare, retail, and internal logistics workflows. RXRX Recursion Pharmaceuticals, Inc. Recursion is a clinical-stage biotech company using an in-house AI-native biology, chemistry, and clinical development platform to build internal drug candidates and discovery partnerships. S SentinelOne, Inc. SentinelOne sells subscription cybersecurity software that protects endpoints, cloud workloads, identities, and AI workflows while automating detection and response. SDGR Schrodinger, Inc. Schrödinger sells molecular modeling and discovery workflow software to pharma, biotech, and materials customers while also monetizing partnered and proprietary drug programs. SERV Serve Robotics Inc. Serve Robotics designs and operates autonomous robots for last-mile delivery and hospital logistics workflows in the United States. SITM SiTime Corporation SiTime designs and sells MEMS-based timing, clocking and synchronization chips and related software for communications, datacenter, automotive, industrial and aerospace electronics. SKHY SK hynix Inc. SK hynix manufactures DRAM, NAND flash, HBM and enterprise SSD memory used in AI servers, data centers and electronic systems. SMCI Super Micro Computer, Inc. Supermicro designs and manufactures application-optimized servers, storage, networking, rack-scale systems, and related management software for AI, cloud, enterprise, and edge deployments. SMR NuScale Power Corporation NuScale develops small modular nuclear reactor technology and related plant, licensing, training, and operations services for utilities, industrial users, and project developers. SNOW Snowflake Inc. Snowflake provides a cloud data platform that enterprises use for data engineering, analytics, applications, collaboration, and AI across major public clouds. SNPS Synopsys, Inc. Synopsys provides software, semiconductor IP, hardware-assisted verification, and simulation tools used to design and validate advanced chips and engineered systems. SOUN SoundHound AI, Inc. SoundHound AI sells voice and conversational AI software and agents for automotive, restaurants, healthcare, financial services, and enterprise customer-service workflows. SPCX Space Exploration Technologies Corp. SpaceX designs, builds, launches, and operates rockets, spacecraft, satellite broadband, and AI infrastructure for government, enterprise, and consumer customers. SPIR Spire Global, Inc. Spire operates a proprietary nanosatellite constellation and sells weather, aviation, radio-frequency intelligence, and hosted mission services to government and commercial customers. STEM Stem, Inc. Stem provides software, control systems, edge hardware, and services used to monitor, optimize, and operate solar, storage, and hybrid energy assets. SYM Symbotic Inc. Symbotic builds large-scale warehouse automation systems plus attached software and services for retailers, wholesalers, and distributors. TEM Tempus AI, Inc. Tempus sells oncology-focused genomic diagnostics, clinical workflow software, and data and AI tools to providers and biopharma customers. TLN Talen Energy Corporation Independent power producer that owns nuclear and dispatchable U.S. generation and sells electricity, capacity, and ancillary services while pursuing large-load power contracts. TSLA Tesla, Inc. Tesla designs, manufactures and sells electric vehicles, battery storage systems and related software, charging and energy services. TSM Taiwan Semiconductor Manufacturing Company Limited TSMC manufactures semiconductors for chip designers and integrated device companies using advanced foundry, packaging, and related manufacturing services. TWST Twist Bioscience Corporation Twist Bioscience manufactures synthetic DNA products and related workflow tools, including genes, next-generation sequencing products, and antibody discovery solutions for research, diagnostics and therapeutics customers. VICR Vicor Corporation Vicor designs and manufactures high-density modular power components and power systems used in AI and high-performance computing, industrial, networking, vehicle, and aerospace/defense applications. VRT Vertiv Holdings Co Vertiv supplies power, cooling, racks, integrated infrastructure, software, and lifecycle services for data centers, communications networks, and other uptime-critical facilities. VST Vistra Corp. Vistra is an integrated competitive power generator and retail electricity supplier operating gas, nuclear, coal, solar, and battery assets across U.S. competitive markets. WULF TeraWulf Inc. TeraWulf develops and operates power-backed U.S. data center campuses for AI and high-performance computing workloads while transitioning legacy bitcoin-mining infrastructure toward contracted digital infrastructure use. ZS Zscaler, Inc. Zscaler provides cloud-delivered zero trust security that secures enterprise users, workloads, branches, applications, and AI-related traffic.

Note: Availability of analysis for each symbol is subject to your Patreon tier membership level.

Patreon Tiers

You can support this project (to fund deeper and more frequent research across a broader set of companies) through joining as a Patreon member. Three different tiers provide different benefits depending on your goals. See below for samples of the analysis at different levels:

While you are subscribed at a particular tier on Patreon, you will have access to the Next Arc Research website where you will be able to browse the analysis of each company covered by that tier.
Note that "Top 10" etc. is based on the companies' implied growth through 2030 ranking when the analysis is performed, i.e. the 10/30/100 companies with the highest implied growth.

Update Cadence

These analyses are updated on a weekly basis around the 7th, 14th, 21st and 28th day of each month. If there are meaningful events in the market (e.g. earning season) then updates may be delayed to the end of the week.

Using the Data

Here are some practical ways people often use this kind of research inside their own workflow — purely as examples tied to the features of the platform, and not as recommendations or investment advice:

• Understanding the landscape: The growth buckets, alignment scores, and forecast 2030 opportunity help readers form a high-level view of where each company or network sits in the AI-era stack — who is structurally advantaged, who faces hard limits, and which segments (chips, robotics, biotech, crypto infrastructure) are accelerating or stagnating.
• Spotting movement week-to-week: Many people scan the weekly score changes, risk shifts, and narrative updates to identify companies where something meaningful changed — a new disclosure, a roadmap shift, a competitive surprise, or a macro factor the model picked up. It’s a quick way to know which names might deserve a closer look.
• Comparing peers within a theme: The interactive screener and the CSV tables let readers compare companies inside the same category (e.g. GPU vendors, cloud platforms, agentic AI, biofoundry automation, blockspace networks) to see how their growth/risk profiles differ and how the “story” changes over time.
• Interpreting ETFs and thematic exposure: For those who invest mostly through ETFs, the coverage list and sector tags can help clarify which underlying companies drive exposure to specific themes — and where concentration, correlation, or dependence on a small number of AI-era winners might exist.
• Deep-dive reasoning: The long-form sections (thesis, critique, growth reasoning, risk commentary, ecosystem momentum, comparative advantage, and ELI5 explanations) give readers a structured narrative to reflect on: what is driving a company’s potential and what could undermine it. People often use these as prompts for their own due-diligence questions.
• Tracking themes and developing conviction: Some readers use the trend commentary, risk dimension breakdowns, and scenario narratives to build a mental model of where AI-era value is likely to concentrate over the next several years — not as price forecasts, but as a way to reason about technological direction, market structure, and strategic positioning.

None of this is investment advice. Everyone’s financial situation, risk tolerance, and goals are different, so please consult a licensed financial adviser before making any investment decisions.

Changelog

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About

The Framework

The Next Arc Research framework is inspired by Emad Mostaque's "The Last Economy" thesis on the transformative impact of AI and exponential technologies. Rather than extrapolating from historical trends, I analyze how companies are positioned to capture value in a world where AI dramatically accelerates innovation, reduces costs, and enables new business models.

The Technology

Each week, AI reasoning models research every company from scratch — pulling from earnings calls, product launches, regulatory filings, and competitive moves. The analysis is scored and structured so you can compare companies and track how their positions change week over week.

The Creator

I've spent 30+ years working and investing in tech. I worked at Netscape, Yahoo!, Google and many startups in Silicon Valley - most recently in AI and LLM technology.

As a retail investor I invested in Bank of America during the 2008 Great Recession, Amazon before they got big and NVIDIA when they still focused on gaming. These investments allowed me to quit regular work and spend some time on Next Arc Research to find the next companies that are going to drive outsized returns in our tech-optimistic future. I resolved that anything I developed would be made available to others.

While I am hopeful for a tech-optimistic future of abundance for all, I also believe that the surest way to guard against being cut out of that future is to own a part of it.

Contact

Please reach out via my Patreon.

Free Resources

Try the analysis for free:

• Top 5 AI-Leveraged Companies (Free PDF) — This week's five highest-ranked companies, with growth scores, risk profiles, and what gives each one an edge
• Weekly Update Preview (Sample Analysis) — The week's biggest moves across all ~120 companies — themes, sector shifts, winners, and risk changes
• Builder Tier Sample PDF — A complete company report showing every dimension of the analysis (as of October 2025)
• Breakout Candidates (Free) — Companies passing our structural screen for breakout potential, with timing signals, failure modes, and the evidence behind each pick