Four questions you ask every day, answered before you ask.
01Transmission Desk
One print. Every name it reaches.
Earnings, guidance or a supplier problem, followed to every listed company it touches, with the move each should make and what hasn't moved yet.
See the Transmission Desk→Transmission desk· print · 2026-05-06-21.1%
Arista Networks beat (+7.7% EPS surprise); stock -21.1% vs sector
- Meta PlatformsMETAcustomerpricedlink implies -0.50%moved -0.38%Arista Networks sells to Meta Platforms · 7800-series chassis/switches and networking platforms for AI clusters and data center fabrics
- MicrosoftMSFTcustomergap +1.13%link implies -0.50%moved -1.63%Arista Networks sells to Microsoft · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor
- CiscoCSCOsells to the same customersgap +5.66%link implies -0.50%moved -6.16%Arista Networks sells to Microsoft, which buys from Cisco · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor
- NVIDIANVDAsells to the same customersgap -4.12%link implies -0.50%moved +3.63%Arista Networks sells to Microsoft, which buys from NVIDIA · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor
02Deep supply webs
Every supplier, small to big.
Hershey alone: 167 suppliers and customers, private ones included, each with the page it came from.
Explore supply webs→03Book X-ray
What your book really leans on.
Paste your longs and shorts. See the foundry, customer or country they quietly share, and shock any of them.
Try the Book X-ray→Book x-ray· demo book · 10 positions
49% of the longs lean on TSMC, 11% of the shorts
through NVDA, AVGO, LRCX, INTC, MU, TSLA
L NVDA 6%L AVGO 4%L LRCX 4%L MU 3%S INTC 3%L HSY 3%S MDLZ 2%L PEP 3%S KO 3%S TSLA 2%
| Hidden driver | Longs ▬ / shorts ▬ | Net |
|---|---|---|
| TSMC | +37% | |
| Samsung Electronics | +34% | |
| SK hynix | +27% | |
| Alphabet | +28% | |
| Microsoft | +19% |
Supplier geography, longsUnited States 25%Taiwan 12%Korea 4%Malaysia 3%Japan 5%
04Channel checks
The real bar, before the print.
Next quarter estimated from what suppliers, customers and peers already reported, set against consensus.
See channel checks→Channel check· Vertiv · 2026Q3-11.6% vs consensus
Chain-implied revenue
$3.33B
Consensus
$3.76B
| NVIDIA revenue (customer) | +85% YoY | lag 2q |
| Alphabet capex (customer) | +107% YoY | lag 2q |
| Alphabet revenue (customer) | +24% YoY | lag 1q |
| Microsoft capex (customer) | +84% YoY | lag 2q |
Backtest: closer than the naive forecast in 75% of 12 past quarters, measured out of sample.
Transmission desk· print · 2026-05-06-21.1%
Arista Networks beat (+7.7% EPS surprise); stock -21.1% vs sector
- Meta PlatformsMETAcustomerpricedlink implies -0.50%moved -0.38%Arista Networks sells to Meta Platforms · 7800-series chassis/switches and networking platforms for AI clusters and data center fabrics
- MicrosoftMSFTcustomergap +1.13%link implies -0.50%moved -1.63%Arista Networks sells to Microsoft · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor
- CiscoCSCOsells to the same customersgap +5.66%link implies -0.50%moved -6.16%Arista Networks sells to Microsoft, which buys from Cisco · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor
- NVIDIANVDAsells to the same customersgap -4.12%link implies -0.50%moved +3.63%Arista Networks sells to Microsoft, which buys from NVIDIA · hyperscaler / cloud titan customer for AI fabrics, Ethernet switches (front-end and back-end), significant revenue contributor