📰 Stratechery

The best Stratechery content from the week of August 24, 2026 including the breaker's advantage, the new battle for HDMI1, and how data center discourse ends.

Apple and OpenAI have two completely different hardware announcements; both represent pressure on Nvidia.

Netflix is considering selling other streaming services, and I think it's a good idea; it's also a let-down for Netflix's original goals and potential pivots.

Incentives favor offense when it comes to agentic cybersecurity; it's the same dynamic that will limit incumbents and fuel startups in the long run.

The best Stratechery content from the week of August 17, 2026, including Apple making compromises in the EU, Truth (Social) and reconciliation, and August fun w

Apple's App Store is finally facing the reality of lower fees, and the EU should be satisfied with its work; it's ok it's late.

Nvidia makes another deal, this time with a frontier lab; Anthropic's revenue continues to amaze; and maybe data finally is oil.

Stripe is reportedly acquiring OpenRouter, an implicit bet on a future market of models and the chance at Aggregation.

The best Stratechery content from the week of August 10, 2026, including the capital constraint, AI writing, and a tale of two cities.

Anthropic is adding watermarking in response to the E.U.'s AI law. It's a terrible idea, first and foremost for philosophical reasons.

Nvidia is finding new ways for its customers to raise money, and it's expanding the risk of the AI buildout significantly.

Apple's earnings (and stock) are limited not by memory but rather chip shortages; then, more on Amazon's earnings and Andy Jassy's market analysis.

The best Stratechery content from the week of August 3, 2026, including earnings exposure, OpenAI's answer to Apple, and all about LeBron in Philly.

Google's earnings seemed to confirm the Anthropic hedge; it was Andy Jassy who explained why their — and Amazon's — capex was justifiable.

Microsoft's earnings were compelling because they showed a clarity of strategy, lower costs, and a tangibility of application. The reason why is scarier.

Meta's earnings were a bit disappointing; future promises about AI products were more disconcerting.

The best Stratechery content from the week of July 20, 2026 including Chinese models and frontier futures, what happened to Hugging Face, and the NBA and its se

OpenAI accidentally hacked Hugging Face, but the takeaways are more encouraging than people realize.

Netflix's earnings were fine, and befitting a mature company whose most exciting days are likely behind them.

Everyone is worried about Chinese models, but the frontier labs will be fine; we need to enable open U.S. alternatives.

The best Stratechery content from the week of July 13, 2026, including the end of the mainframe, the continuing adventures of OpenAI, and answering the question

IBM announced preliminary results that spooked the software market generally; this is a story, however, specifically about IBM and its mainframe franchise.

OpenAI has refashioned Codex as the new ChatGPT; is the company abandoning the chat category they pioneered?

Apple is suing AI for stealing trade secrets; there is one guilty employee, but this mostly feels like lashing out.