The Cheapest It’s Been in a Decade, at a Price No One Has Ever Paid
In one breath NVIDIA's filed numbers show a business generating nearly $50 billion in free cash flow in a single...
Meta’s Q2 Filing: The Quarter the Bill Arrived
In one breath Meta's ads business is growing faster than almost any company its size, with Q2 2026 revenue up...
Evidence Sheet: Amazon (AMZN)
The standing BullScope yardsticks for Amazon, computed from official filings and refreshed with each new edition.
Amazon at $231: What the Filed Numbers and the Capex Commitment Imply
Picture a warehouse the size of thirty football fields humming at 3 a.m., robots ferrying shelves to human pickers while,...
The $200 Billion Bet: Alphabet Is Earning More Than Ever and Spending Faster Than Ever, and Both Are True at Once
In one breath The filed numbers show Alphabet earning its fattest margins in a decade, with net income crossing $132...
The Stock That Fell While the Business Grew: What Microsoft’s Filed Numbers Actually Say
A year ago, Microsoft was the world's most valuable company. Today, the stock sits nearly 24% below where it traded...
Apple at 97th Percentile: What the Price Already Believes
Goldman Sachs raised its Apple valuation estimate to $370 on July 27, 2026, citing anticipated outperformance on iPhone and Mac...
The Machine That Runs on Oil Prices: ExxonMobil’s Cash Engine, Its Buyback Pledge, and the Number That Changes Everything
In one breath ExxonMobil's filed numbers show a business generating cash at a scale it hasn't matched in decades, and...
The Machine That Reads the Economy: What Caterpillar’s Record Backlog Is Actually Saying
A company's stock sits 16% below its 52-week high. Its order book just hit an all-time record. Those two facts...
The Insurer Earning Less on More: UnitedHealth’s Medical Cost Reckoning
For most of the last decade, UnitedHealth Group looked like a machine that printed money the bigger it got. Revenue...
BullScope is an evidence-first investment research publication. Every note starts in the filings: what companies actually report, what the market assumes, and where the two disagree. We read the numbers so you can read the story. Not investment advice.