Economics · Instruments · Live
The Divergence
The whole thesis in one instrument. M(t) is what the market says about AI; G(t) is what the filings actually show. When they part, that gap — D(t) — is the tell. Scrub the quarters and watch the three forces behind it: the layoffs, the insider selling, and the capex outrunning the cash.
How to read it: everything here is recomputed by the engine — the badge says Live and the stamp carries the as-of date. D(t) = M(t) − G(t), in standard deviations. A positive, widening D means the story is running ahead of the receipts.