RT Luke Gromen (@LukeGromen)🧵: The US will not be able to reshore, rebuild its grid, & will lose the AI race & great power competition v. China unless US skilled trades & engineers receive positive real wage growth v. essentials like housing, healthcare, college, etc.The US will lose if👇continues. 1/ https://t.co/bKxTOkuwKg ...

Unpacking equipment spending in '26 - bioprocessing is the clear winner. Budget commentary on bioprocessing equipment was decidedly bullish, after a challenging period, with spending expected to be +10-15% y/y. Should this play out, we see upside to overall market growth (from HSD to 10% +), with DHR (Buy), Sartorius (Buy) and RGEN (Hold) well positioned to benefit. Elsewhere, spending tied to QA/QC (+MSD y/y) should be supportive of the ongoing replacement cycle benefiting A and WAT. Other takeaways... 1) ...

November 12, 2025 10:00 PM GMT As multipolar world dynamics continue to drive the reshoring of supply chains, the implications for global logistics are profound. Our regression analysis points to a lower structural growth algorithm for ocean container throughput, with truck freight the outright beneficiary. Key Takeaways Exhibit 1: We introduce a 3-part series where we plan to unpack some of the strategic debates in Logistics as it relates to reshoring and the multipolar world. The first focuses on Modal Sh ...

Core Insights - Industrial and infrastructure stocks are expected to gain attention alongside the artificial intelligence sector due to favorable policy and consumer trends [1] - There is a shift from globalization to reshoring, which is anticipated to benefit traditional infrastructure and industrial products [2] - The Global X U.S. Infrastructure Development ETF (PAVE) is performing well, reflecting optimism in the infrastructure sector [3] Infrastructure and Industrial Sector - The infrastructure sector is experiencing renewed interest, with a focus on reshoring efforts that could drive growth [2][3] - Global X's infrastructure ETF has increased by 16% this year, while the VanEck Semiconductor ETF has risen by 42% [3] - The top holdings of Global X's infrastructure ETF include Howmet Aerospace, Quanta Services, and Parker Hannifin [4] Electrification and AI Support - Electrification is viewed as a crucial factor supporting the AI boom, with the U.S. Electrification ETF (ZAP) providing exposure to this trend [5] - The U.S. Electrification ETF has risen nearly 24% this year, outperforming the VanEck Semiconductor ETF for the month [5]

The U.S. industrial automation industry is showing signs of vibrancy in late 2025, fueled primarily by significant technology investments that are beginning to bear fruit.The sector is a core component of what Merrill Lynch recently highlighted as a “new profit cycle,” driven by domestic manufacturing, infrastructure build-outs, electrification, automation, and not just traditional growth perennials.Economic issues have also fueled that growth, as labor shortages, grid modernization, and U.S. onshoring are ...

Core Insights - United States Antimony Corporation (UAMY) is becoming a crucial player in the U.S. mineral security strategy as the only vertically integrated antimony supplier in North America, differentiating itself from competitors in China and Russia [1][5] - Antimony is essential for national security, used in defense applications such as ammunition and advanced electronics, with the U.S. heavily reliant on imports, particularly from China [2][3] - UAMY is executing a $245 million contract with the Defense Logistics Agency (DLA) and has revived the first U.S. antimony mine in decades, establishing a fully integrated supply chain [3][9] Industry Context - The demand for antimony is expanding beyond defense to include applications in solar glass, electronics, batteries, and flame retardants, making UAMY a strategic asset for U.S. industries [4][5] - Geopolitical tensions and China's export controls are increasing the importance of UAMY as a strategic safeguard for U.S. supply chains [5] Financial Performance - UAMY's stock has surged 330.5% year-to-date, significantly outperforming the industry average increase of 28.5% [11] - The company trades at a forward price-to-sales ratio of 9.59, above the industry average and its five-year median of 4.75, indicating a premium valuation [12] - The Zacks Consensus Estimate predicts a 300% rise in UAMY's earnings for 2025 compared to the previous year [13]

Many in the furniture industry question whether America will be able to find the workers needed to bring production back home https://t.co/Ty5IuheL8O ...

Summary of Rapid Micro Biosystems Conference Call Company Overview - **Company**: Rapid Micro Biosystems (NasdaqCM: RPID) - **Industry**: Life Sciences and Diagnostics, specifically focusing on pharmaceutical quality control Key Points and Arguments GrowthDirect Platform - The GrowthDirect platform modernizes microbial quality control in pharmaceuticals, a process that has remained unchanged for over a century [5][6] - It automates traditional methods, providing faster and more reliable data, which helps customers save time and costs [5][6] - The platform is used by three-quarters of the global top 20 pharmaceutical companies and many top Contract Development and Manufacturing Organizations (CDMOs) [6] Market Conditions and Spending - Conversations with biopharma customers indicate a slight easing in spending, with capital equipment projects still moving forward [8][10] - Reshoring trends are emerging, although no significant business impact has been observed yet [9] Sales and Customer Engagement - A majority of sales come from existing customers, leading to repeat and multi-system orders [12][13] - A recent large order from a major pharma partner is expected to enhance revenue recognition in Q4 and service revenue in the first half of the next year [18][19] Revenue and Growth Projections - The company anticipates significant recurring revenue from consumables and service contracts starting in 2027 [19] - The biologics segment is the largest revenue generator, with cell therapy showing the highest revenue potential per interaction [33][35] Collaboration with Merck-MilliporeSigma - A distribution agreement with MilliporeSigma is expected to accelerate GrowthDirect sales and improve gross margins through lower input costs [37][38] - MilliporeSigma will actively sell GrowthDirect systems globally, expanding market reach [40][45] Gross Margins and Profitability - The company has achieved positive gross margins for five consecutive quarters, with expectations for continued improvement [54][56] - Key drivers for margin improvement include increased service volume, productivity enhancements, and cost reductions in product manufacturing [55][56] Product Development and Innovation - The recently launched Rapid Sterility Cassette is designed to significantly reduce testing time for sterility, although customer adoption is methodical [79][80] - The company is focused on incremental investments in R&D and commercial efforts to support growth [72][73] Competitive Landscape - The market is evolving with new entrants, but Rapid Micro Biosystems maintains a first-mover advantage and robust regulatory compliance [83][84] Future Outlook - The company is targeting a trajectory of 20% revenue growth, supported by a strong sales funnel and the impact of the MilliporeSigma partnership [85][86] - There is confidence in maintaining this growth trajectory into 2026 and beyond [88][89] Additional Important Insights - Validation timelines for systems have decreased, with existing customers experiencing faster installations [28][26] - The company is implementing best practices from larger competitors to enhance operational efficiency [63][64]

Core Insights - The global infrastructure sector is positioned favorably due to various macroeconomic factors, making it an attractive area for investment [1][3] - Infrastructure investing historically provides income and downside protection, which are key considerations for investors [3] - The BNY Mellon Global Infrastructure Income ETF (BKGI) offers a broader approach to infrastructure investing, looking beyond traditional sectors [4] Infrastructure Investment Rationale - Current favorable tailwinds for infrastructure include artificial intelligence, globalization, reshoring, and demographic changes [3] - Infrastructure is expected to play a significant role in addressing the upcoming demographic shifts [3] BKGI Fund Strategy - BKGI differentiates itself by defining infrastructure more broadly than traditional funds, which typically focus on utilities, industrials, and energy [4] - The fund targets companies with fixed assets that generate cash flow and have regulatory predictability, allowing it to capitalize on various secular themes [4] Portfolio Integration - BKGI is designed to deliver income and downside protection, making it suitable for investors seeking stability [5] - Infrastructure companies generally exhibit less sensitivity to economic fluctuations, potentially outperforming other sectors during economic downturns [6] - These companies can pass costs onto consumers more effectively, maintaining essential services regardless of economic conditions [6]

Thematic Investing Insights - The next big frontier in thematic investing may extend beyond AI, with potential areas of focus including tokenization and reshoring products [1][2][3] - There is a notable shift from globalization to reshoring, driven by policy and consumer factors, which could influence investment themes in the coming years [4][6] - Infrastructure investments are highlighted as a key area, particularly through ETFs like PAVE, which focus on industrial products and reshoring efforts [6][4] - Electrification is identified as another significant theme, essential for supporting the ongoing AI boom and the broader US economy [7]