# Gaetano Institutional-quality research on photonics, optical networking, and the physical infrastructure powering AI. Page: Feed: --- ## [FN Earnings Debrief. Big Dip. Opportunity or Not? (Free article)](https://cruxcapitalgroup.substack.com/p/fn-earnings-debrief-big-dip-opportunity) _2026-08-18 · Gaetano_ Lets unpack ## [Physical AI Layers 5 & 6 (Software / Planning & Control System) + My Latest Investment](https://cruxcapitalgroup.substack.com/p/physical-ai-layers-5-and-6-software) _2026-08-18 · Gaetano_ Building it out ## [ADTN Thesis / Deep Dive](https://cruxcapitalgroup.substack.com/p/i-took-a-new-optics-position-ive) _2026-08-14 · Gaetano_ Let's see why ## [$COHR Earnings. $3B Quarter In Sight](https://cruxcapitalgroup.substack.com/p/cohr-earnings-3b-quarter-in-sight) _2026-08-13 · Gaetano_ Solid quarter ## [COHR Pre-Earnings Thoughts](https://cruxcapitalgroup.substack.com/p/cohr-pre-earnings-thoughts) _2026-08-12 · Gaetano_ Lots of momentum today ## [$LITE Earnings. This Was Incredible.](https://cruxcapitalgroup.substack.com/p/lite-earnings-this-was-incredible) _2026-08-12 · Gaetano_ The old targets already look stale ## [We Have Some Strong Signals For Photonics](https://cruxcapitalgroup.substack.com/p/we-have-some-strong-signals-for-photonics) _2026-08-11 · Gaetano_ Let's unpack them ## [$LITE (Lumentum) Pre-Earnings Thoughts](https://cruxcapitalgroup.substack.com/p/lite-lumentum-pre-earnings-thoughts) _2026-08-10 · Gaetano_ The bar has been raised ## [Unpacking My Physical AI Portfolio](https://cruxcapitalgroup.substack.com/p/unpacking-my-physical-ai-portfolio) _2026-08-09 · Gaetano_ Time to dissect earnings ## [International money transfers (Sponsored)](https://crawlproof.com/a/QQ0fv5hNPA9m) _2026-08-09 · **Sponsored**_ Send money to other countries and manage multi‑currency balances online. ## [$AAOI Earnings. They Said Some Wild Stuff.](https://cruxcapitalgroup.substack.com/p/aaoi-earnings-they-said-some-wild) _2026-08-07 · Gaetano_ Lots to unpack