It’s finally here.
The first Carbon Capital email goes out tomorrow.
The portfolio is ready. Not a single position has been taken yet.
Over 235 people have joined.
This is the last moment to be there from the very start.
Key Data Bites Over The Last Week:
Bloomberg published its latest where to invest $10,000.
Gas prices have increased the most in these 20 U.S. states.
Moody’s economist forecasts probability of U.S. recession will exceed 50%.
Super Micro’s cofounder allegedly smuggled $2.5B of GPUs to China.
Meta signed a $27B AI infrastructure deal with Nebius.
Meta could save an estimated $6B with 20% job cuts.
GenAI apps paid Apple nearly $900M in App Store fees in 2025.
Blue Origin seeks FCC permission to deploy nearly 52,000 AI satellites.
Amazon is rolling out 1-hour and 3-hour delivery.
Iran attacks destroyed 17% of Qatar’s LNG export capacity.
Alibaba saw profit decline 66% in most recent quarter.
Jeff Bezos in talks to raise $100B for AI manufacturing fund.
Anthropic is now capturing over 73% of new AI spend.
Samsung to spend more than $73B on AI chip development.
Qualcomm unveiled a $20B stock buyback program.
In today’s newsletter:
🏷️ Nvidia Is The Cheapest Mag 7
💰 Most Expensive S&P 500 Stocks
💥 Micron’s Total Blowout
🎥 YouTube’s Remarkable Size
💸 U.S. Debt Hits $39T
Let’s jump right in.
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📣 A Message From Carbon Finance
Real money and real risk change everything.
Nothing tests your conviction like watching a position move against you.
That is what Carbon Capital is built around.
A $100,000 portfolio backed by personal capital, documented from the very beginning.
Every key decision made with the full reasoning behind it.
All of it shared honestly, including the most painful moments.
Carbon Capital is built on discipline, patience, and a long term view on investing.
They do not guarantee success, but the absence of them almost guarantees failure.
The founding member rate is $15 a month, locked in permanently for those who join today.
Cancel anytime, no questions asked.
If you want to be there from day one, the door is closing.
Nvidia is evolving.
At GTC 2026, Jensen Huang made it clear the company is moving beyond chips to become a full stack AI infrastructure and factory operator.
Alongside a wave of new products and partnerships, Nvidia now expects over $1T in AI infrastructure sales through 2027, doubling its prior outlook.
Additionally, the company plans to return 50% of free cash flow in 2026 to shareholders through buybacks and dividends.
Despite the presentation and upgraded forecasts, the stock ended lower on the week.
Today, Nvidia trades at about 16x forward earnings, the lowest among the Magnificent 7, and even at a discount to the S&P 500.
Tesla isn’t just the most expensive name in the Magnificent 7.
It’s also the most expensive name in the S&P 500, with its valuation largely tied to a future autonomous network.
At the same time, Uber is positioning itself for that same future.
The company partnered with Nvidia to deploy autonomous vehicles across 28 cities by 2028, with initial launches planned in Los Angeles and San Francisco next year.
It also plans to invest up to $2.5B in Rivian to roll out as many as 50,000 robotaxis through 2031.
That builds on recent partnerships with Lucid, Zoox, and Stellantis.
Uber is pursuing a strategy to fragment the autonomous vehicle market so that no single player, including Tesla, can dominate it.
This allows it to remain the platform that aggregates demand, regardless of who builds the vehicles.
Micron delivered one of the strongest quarters of any company in history.
Adjusted earnings came in at $12.20, far ahead of the $9.31 expected.
Revenue tripled to $23.9B, well above the $20B consensus.
And the outlook is even stronger.
The company guided next quarter revenue to $33.5B, far ahead of $24.3B estimates.
Meanwhile, adjusted earnings are expected at $19.15 versus $12.05.
AI demand continues to tighten memory supply.
As Nvidia’s GPUs become more powerful, each generation requires more memory, pulling Micron deeper into the center of the AI buildout.
Even then, supply is still constrained, with management saying it can only meet about half to two thirds of demand.
Despite the remarkable results, the stock ended the week lower.
That said shares have skyrocketed nearly 350% over the past year.
YouTube is now one of the most valuable media businesses in the world.
According to financial research firm MoffettNathanson, it’s now worth up to $560B.
That’s roughly the same as Netflix and Disney combined.
In 2025, YouTube generated more than $60B in revenue across ads and subscriptions.
What started as a video platform now sits at the center of global media, and remains one of Google’s most dominant business segments.
U.S. debt just crossed another historic milestone.
The national debt has now surpassed $39T, more than doubling over the past decade.
The pace is accelerating, and the figure is likely to hit $40T in the coming months.
At the same time, spending pressures continue to build.
The war with Iran has already exceeded an estimated $18B, and the Pentagon is now seeking another $200B in funding for it.
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🚀 IPO Prep↗ – OpenAI is preparing for a possible IPO by the end of the year and planning to refocus on coding and business users.
💰 Creator Incentives↗ – Meta will pay popular creators on Instagram, TikTok, and YouTube to post content on Facebook.
🐻 Bear Strike↗ – MuddyWaters Research released a scathing short report on SoFi.
🧱 Offices Replaced↗ – More money is now being spent to build data centers than to build offices in the United States.
🤫 Earnings Reform↗ – The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly.
Notable Companies Reporting Earnings Week of March 22, 2026:
Major Trades Published 3/16 - 3/20. Trades may be those of family members. [Source: Capitol Trades]
Buys
Cleo Fields (D)
Company: Microsoft ($MSFT)
Amount Purchased: $2K - $30K
Sells
Tom Suozzi (D)
Company: Apple ($AAPL)
Amount Sold: $15K - $50K
Company: Palantir ($PLTR)
Amount Sold: $15K - $50K
Company: United Rentals ($URI)
Amount Sold: $15K - $50K
Thomas Kean Jr. (R)
Company: Alphabet ($GOOG)
Amount Sold: $15K - $50K
Major Trades Published 3/16 - 3/20
Buys
SoFi Technologies ($SOFI)
Insider: Anthony Noto (CEO)
# of Shares Purchased: 28,900
$ Amount: $500,516
SEC Forms: [1]
Salesforce ($CRM)
Sells
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