Institutional-grade data, customized for every investor.

Millions of data points a day, read through the portfolio you actually hold, and turned into a briefing you can argue with.

This morning · example
47 sources · 1,284 claims · read for you in New York

The briefing6:00 am · 10 min

Written around what you hold

  • Micron: data center revenue above $25BJun 24
  • Fortune reads the quarter as constructiveAug 26
  • Tomorrow · Broadcom reportscal

What it reads

  • FortuneAug 26

    Nvidia gave its first-ever year-ahead forecast — a 70% growth bombshell meant to silence AI bubble critics

  • Nvidia Q2 FY27 releaseAug 26

    Q2 FY27 revenue $96.2B; data center $89.0B; first year-ahead outlook

  • HandelsblattAug 25

    AI star Nvidia is losing its shine — investor mistrust hasn't been this high in a long time

  • Amazon Q2 callJul 30

    2026 capex about $220B

  • South China Morning PostJul 29

    The CXMT shock: how China's viable alternatives punch Nvidia, Micron, SK Hynix shares

  • Microsoft FY26 Q4 callJul 29

    Calendar-2026 capex expectation about $175B, from about $190B, due to a lease reclassification; "outside of this useful-life impact, our calendar year 2026 CapEx investment expectations remain unchanged"; FY27 capex to grow

  • Alphabet Q2 callJul 22

    2026 capex guidance raised again to $195–205B

  • Reuters (analysis)Jul 17

    Among the AI crowd, some investors position for slower hyperscaler spending growth

  • Micron FQ3 releaseJun 24

    FQ3 2026 revenue $41.456B; data center revenue above $25B

Who it's for

Decide with the full picture.

For investors who keep the decision, on their own portfolio or the one they're responsible for, and want everything that bears on it in one place.

You keep the decision for a reason.

example20 tabs

The second job · 11:00 pm

Right now, you are the integration layer. You shouldn't have to be.

You want to understand what you hold. You want the call to be yours. And you've looked at the alternative — someone else's model portfolio, someone else's fee, someone else's timeline — and decided against it. What you didn't sign up for was the second job.

A brokerage app. A data tool. The news. A spreadsheet. Twenty open tabs. Perhaps a newsletter or two. Nothing talks to anything else, so you do the reconciling — by hand, out of hours, from memory. It costs hours a week, it makes decisions inconsistent, and things slip: the material event on a holding you find out about after the move.

Every alternative asks you to give something up. Advisors and discretionary managers take the decision. Terminals and newsletters hand you more inputs and leave the synthesis to you. General-purpose AI explains anything and remembers nothing.

What it does

It reads what you'd read, if you had the time.

News, filings, earnings calls, fund letters and the press of four regions — continuously, in the background, filtered to the positions you actually hold. Where two sources disagree, you're told they disagree, rather than handed both and left to referee. Two or three times a day, at the times you choose, you get ten minutes' worth of what concerns you, with every claim traceable back to the piece it came from. Read it, or listen to it on the way in.

01 · The briefing12:30 pm · example

Midday briefing, built around what you hold

MU · data center revenue above $25B · Jun 24position

NVDA · Frankfurt reads the quarter more negativelydesks

Your capex condition, testedrecord

Tomorrow · Broadcom reports after the closecalendar

47 sources1,284 claims10 min to read

It reads the same story in four markets, and tells you when they disagree.

The quality press of the US, Germany, the UK and Asia, each read in its own language. Frankfurt often turns before New York does — you see the gap, and why. Where a region has too little coverage to judge, you're told so, rather than given a number.

02 · The regional lensNvidia Q2 · −1 … +1

One story, read in four markets

New YorkConstructive
+0.30

LondonCautious
−0.20

FrankfurtNegative
−0.55

Hong KongNegative
−0.35

Divergence 0.85

4 regionsnative languagethin coverage flagged

It records why you took the position.

The case behind each position: where the idea came from, the catalysts you expect, the numbers you're assuming, and — the part almost nobody does — what would prove you wrong. It takes a few minutes and it's structured, so it can be checked later. Then it locks, so revisions are honest instead of quiet.

03 · The decision recordNVDA · MU · example

“A cut to hyperscaler capex would be the thing that changes my mind.”

ThesisAI capex keeps rising through 2026
CatalystsQ1 and Q2 hyperscaler capex guides
NumbersEntry NVDA 183.14 · MU 405.35
Proves me wrongCapex guided down, or orders fall two quarters running

Locked · revisions appended, never overwritten

Mar 12 written1 counter-case0 silent edits

It watches the evidence against your reasoning.

As results and filings and news arrive, they're checked against your specific assumptions rather than against the market in general. Supporting, contradicting, or neither. When something breaks a condition you yourself set, you hear about it — with the evidence attached.

04 · Evidence, checkedsince Mar 12 · sourced

What arrived, against what you assumed

Jun 24Micron: data center revenue above $25Blink 3

Jul 17UBS: capex growth slows to 25% in 2027link 2

Jul 22Alphabet raises 2026 capex guidancelink 2

Jul 29Microsoft $190B → $175B: lease reclassificationcondition

Review opened · closed · not met

4 items since entry1 condition tested0 instructions

It tells you honestly whether you were right.

When a position closes you get more than a number. You get a verdict on the thinking: right for the right reason, right for the wrong reason, or wrong. Over enough decisions, that distinction is the difference between a process and a streak.

05 · The scoreboardNVDA · closed Sep 8

A verdict on the thinking, not just the P&L

Did the price go your way?183.14 → 225.73Yes

Did the reasoning you wrote hold?capex kept risingYes

Right, for the right reason

14right · right reason

5right · wrong reason

2right reasoning · wrong price

5wrong

+23% on the position26 verdicts so faryou decide what it means

It never tells you what to do.

No buy calls. No sell calls. No score out of ten on your portfolio. Alembic holds no assets, places no trades, and connects read-only — it gathers the evidence and keeps your reasoning, and the decision stays where it belongs.

06 · Where it stopsby design

It gathers the evidence and keeps your reasoning. The decision stays yours.

It does

Read the evidence for you

Keep your reasoning, locked

Flag a condition you set

Connect read-only

It never does

Buy or sell calls

Place or cancel orders

Hold your assets

Move cash or securities

read-only connectionsno custodyno discretion

01 · The briefing12:30 pm · example

Midday briefing, built around what you hold

MU · data center revenue above $25B · Jun 24position

NVDA · Frankfurt reads the quarter more negativelydesks

Your capex condition, testedrecord

Tomorrow · Broadcom reports after the closecalendar

47 sources1,284 claims10 min to read

What you actually do

01

Connect or upload once.

Link your accounts read-only, or upload a statement. Nothing can be moved and nothing can be traded.

Alphabet raises 2026 capex guidanceJul 22

Your condition on capex, tested6:00 am

Fortune reads Nvidia's quarter as constructive6:00 am

02

Read or listen for ten minutes.

Two or three times a day, at the times you set. Scoped to what you hold.

What proves me wrongexample

Hyperscalers guide capex down, or orders fall two quarters running.

Locked · Mar 12, 2026

03

Write it down when you buy.

A few minutes at the point of decision. Everything after that is the system's job.

On an ordinary Tuesday

You took a position in March because you expected hyperscaler capex to keep rising through the year, and you decided that a cut to that spending would be the thing that changed your mind.

This morning's briefing tells you Microsoft's calendar-2026 capex figure came down last night — and it puts that next to the condition you set in March, in your own words, with the transcript linked underneath. It also tells you what the transcript says: the change is a lease reclassification, and the spending plan is unchanged.

It doesn't tell you to sell, or to relax. It tells you the thing you said would matter has been tested, and shows you the evidence. What you do about it is the part you were always going to do yourself.

The evidence · Jul 29sourced

Microsoft's calendar-2026 capex expectation moves to about $175B, from about $190B — a lease reclassification; “outside of this useful-life impact, our calendar year 2026 CapEx investment expectations remain unchanged.”

Source Microsoft FY26 Q4 earnings call — Amy Hood, CFO, Jul 29, 2026

Checked against your condition of Mar 12 — not met

Suggested action none — the decision is yours

One portfolio, or several.

Alembic was built for a working family office, so it has never assumed a single account or a single currency. Track several portfolios side by side, hold them in different currencies with attribution that survives the conversion, and keep a decision record per portfolio rather than one undifferentiated pile.

If more than one person is involved in the research, that's the direction we're building in — and it's exactly the sort of thing we'd want to get right with you rather than guess at.

Example portfolios · tap one to explore
Growth · currency splitUSD 100%
Attribution that survives the conversion · year to date

+12.4%in the holdings’ own currencies

−2.6%from currency

+9.8%in CHF, your base

Each dot is a position; filled means it has an open decision record. Example portfolios · figures illustrative

Being built right now

2×

Briefings a day

Two briefings a day for our own portfolios. It hasn't missed a day.

The research engine runs daily and has done for months. The decision record is in development, and closed beta opens later this year.

We're not selling anything yet. What we're doing is building this alongside a small number of investors who'll actually use it, and writing publicly about what we learn on the way.

Your data stays yours.

The portfolio you're responsible for is among the most sensitive data you hold. So the rules are simple, and they don't change with the plan.

Read-only, always

Alembic can see positions and transactions. It cannot trade, move or hold anything.

ISO 27001, GDPR-grade

Infrastructure certified to ISO 27001; built to EU (GDPR) data-protection standards.

Never sold, never shared

Nothing about your positions is sold, shared, or used to build a product for anyone else.

Yours to take, or delete

Export your briefings and your record any time. Delete everything in one click.

Full detail will be published before anyone can sign up.

You do the deciding. We'll do the reading.