Something new is coming.
After six years of building Carbon Finance, this is the most exciting thing I have launched yet.
Carbon Capital is where I will document a $100,000 real-money portfolio from scratch.
Every position, every decision, every mistake. All of it documented along the way.
If you are interested, you can read more about what it is below.
Be on the lookout for an email going out Wednesday with everything you need to know.
And for those that missed it, you can read about my investment philosophy here.
Key Data Bites Over The Last Week:
Best Fund Managers have been selling these 10 stocks.
Soros CIO says investors will face a painful 18-24 months.
U.S. lost 92,000 jobs in February, far below 55,000 job gain estimate.
SoftBank seeks record loan of up to $40B to finance OpenAI stake.
Billionaire Tesla whale purchased 1M Nvidia shares.
Nvidia will invest $4B into photonics Coherent and Lumentum.
Mark Zuckerberg purchased a $170M mansion in Miami.
Apple unveiled 7 new products.
Elliott Management has taken a $1B stake in Pinterest.
Anduril is raising $4B at a $60B valuation.
Record 6% of workers raided their 401(k) savings last year.
Broadcom sees AI chip sales surpassing $100B in 2027.
Robinhood launched a platinum credit card with $695 annual fee.
Accenture purchased Downdetector and Speedtest for $1.2B.
In todayās newsletter:
šāāļø Nvidia Leaped Apple & Microsoft
š° Berkshireās $373B Cash Pile
š Surging International Markets
š Anthropic Is Catching Up
šµ Costco Isnāt Cheap
Letās jump right in.
Not subscribed yet? Sign up today!
š£ Together With Fiscal AI
There are thousands of investing platforms.
My absolute favorite? Fiscal AI.
This single terminal will save you hundreds of hours. Hereās why:
Visualize fundamental data and KPIs
Screen for quality stocks
Track insider and institutional ownership
Browse earnings call transcripts and slides
And so much more.
You get a ton of access with a free account, and Pro is completely free to try for 14 days.
For the first time ever, Nvidia is now more profitable than both Apple and Microsoft.
Over the last twelve months, Nvidia generated $120B in net income, edging out Microsoft at $119B and Apple at $118B.
A decade ago, it wasnāt even close. Everyone saw the stock surge, but few noticed that the profit crown recently changed hands.
Warren Buffett just closed the book on his final quarter as CEO.
Berkshireās operating earnings fell nearly 30% in Q4, driven largely by weaker insurance underwriting results.
At the same time, Berkshireās cash position climbed to a record $373B.
Greg Abel officially took over over Berkshire Hathaway at the start of the year.
In his first annual letter, he signaled that Berkshireās long standing approach will remain intact.
Abel also recently purchased $15M of stock and announced that the company has resumed buying back its own shares for the first time since 2024.
The global leaderboard looks very different over the past year.
While the S&P 500 is up 17%, several international markets have delivered far stronger returns.
South Korea leads the group, with gains driven largely by chipmakers like Samsung and SK Hynix that sit at the center of the AI supply chain.
But the rally has come with volatility.
Rising tensions in the Middle East rattled investors given Koreaās heavy reliance on energy imports.
At the same time, elevated leverage in the market triggered waves of forced selling.
Trading was halted multiple times last week as circuit breakers were hit.
Even the top performing market of the past year has not been immune to chaos.
Anthropic is on ChatGPTās heels.
OpenAI still leads, with annualized revenue surpassing $25B.
But Anthropic is closing the gap quickly.
Its run rate has surged to roughly $19B, more than doubling since the end of last year as adoption of its Claude models accelerates.
The momentum comes during a tense standoff with Washington.
Anthropic was labeled a supply chain risk by the Pentagon after clashing with the Department of War over how its AI could be used for surveillance and autonomous weapons.
Hours later, OpenAI struck its own deal with the Pentagon, with CEO Sam Altman later commenting that governments should be more powerful than private companies.
Meanwhile, Claude surged to the top of Appleās App Store as users rallied behind Anthropic.
Can anything stop Costco?
The wholesale giant once again topped expectations this week.
Earnings came in at $4.58 on $69.6B in revenue, both slightly ahead of forecasts.
Comparable sales rose 6.7%, also beating estimates.
The company is also suing Trump after the Supreme Court ruled the administrationās global tariffs illegal.
Costco says any refunds could eventually be passed through to customers in the form of lower prices.
Despite the good quarter, the company remains one of the most expensive stocks in the S&P 500.
It trades at more than double Nvidiaās forward valuation, despite slower expected future growth.
šØš³ Growth Resetā ā China has set its lowest economic growth target since the early 1990s.
āļø Silicon Sacrificeā ā Oracle is planning thousands of job cuts to fund AI data centers.
š¤ Compute Dealā ā Perplexity signed a multiyear deal to use CoreWeaveās data centers.
š Risk Dismissedā ā Legendary investor Howard Marks said he doesnāt see a systemic problem with private credit.
Notable Companies Reporting Earnings Week of March 8, 2026:
Major Trades Published 3/2 - 3/6. Trades may be those of family members. [Source: Capitol Trades]
Buys
Lisa McClain (R)
Company: BigBear.ai Holdings ($BBAI)
Amount Purchased: $16K - $65K
Markwayne Mullin (R)
Company: Adobe ($ADBE)
Amount Purchased: $15K - $50K
Company: Amkor Technology ($AMKR)
Amount Purchased: $15K - $50K
Company: Citigroup ($C)
Amount Purchased: $15K - $50K
Sells
John Hickenlooper (D)
Company: Sirius XM ($SIRI)
Amount Purchased: $50K - $100K
Markwayne Mullin (R)
Company: Coherent Corp ($COHR)
Amount Purchased: $15K - $50K
Company: Dell Technologies ($DELL)
Amount Purchased: $15K - $50K
Company: Goldman Sachs ($GS)
Amount Purchased: $15K - $50K
Major Trades Published 3/2 - 3/6
Buys
Sells
Disclaimer: The publisher does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author, paid advertiser, or partner and do not reflect the official policy or position of any other agency, organization, employer or company.
Carbon Finance is a publisher of financial information, not an investment or financial advisor. We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient.
The information contained on this website/newsletter has been crafted with the assistance of an AI language model to enhance the content of this newsletter. We have made efforts to ensure the quality and reliability of the information presented, but we cannot guarantee its absolute accuracy. Therefore, readers are advised to exercise their own judgment and seek additional sources if necessary.
THE INFORMATION CONTAINED ON THIS WEBSITE/NEWSLETTER IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORSā OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN.
No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned.
Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.
The publisher, its affiliates, and clients of the publisher or its affiliates may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.
Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein.
Some of the links in this newsletter are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no extra cost to you. All opinions remain our own.
By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.
