GM. This is Milk Road PRO, where we rotate to new plays the same way a family picks a place to eat dinner (with lots of tears).
This is your weekly PRO recap: one email that breaks down every trade, every report, and every big debate from the last seven days.
This week, the team stayed busy on the trade log while M0xt made the case that AI is actually making older platforms much stronger.
Meanwhile the analysts welcomed another “Payday” and debated opposite sides of the neocloud vs. hyperscaler trade in this month's AMA.
Here's what we got:
- 📊 What we traded: 18 trades in four days, led by Melvin doubling down on AI infra and finally adding a robotics names to the port.
- 🤑 What we bought: Every month, each of our analysts gets an extra $500 to add to their portfolio. Did they hold, buy, or just pray?
- 👀 AI's "losers" are actually winning (PRO Report): M0xt argues cheap AI and blockchain rails make consumer platforms like Uber, Nubank, and Klarna harder to disrupt, not easier.
- 🎙️ The Big Rotation (PRO AMA): It was our monthly live AMA in the PRO discord, and the boys talked hyperscalers, AI, and bitcoin.
- 💬 Analyst Updates: John broke down Fed Chair Warsh's hawkish tone and what Friday's jobs report means for a rate cut.
WHY AI'S "LOSERS" ARE ACTUALLY WINNING ❓️
PRO report by M0xt - July 2, 2026
M0xt just added Uber, Nubank, and Klarna to a thesis he’d only ever owned through crypto.
Here’s how he’s viewing things: The more AI fear grips the market, the more a real human who opens an app and transacts every week is worth, because that recurring relationship is the one asset agents can't cheaply rebuild. (Software commoditizes, distribution holds.)
It all comes down to one number: profit per active user. The report lays out where each name sits, why the market keeps charging them a disruption discount, and the one thing that would prove the thesis wrong.
THE BIG ROTATION 💰️
PRO AMA w/ M0xt, Melvin, and John - July 1, 2026
In this month’s AMA, M0xt and Melvin put their Payday $500 on opposite sides of the same trade: Melvin's backing neoclouds like CoreWeave and Nebius (Jensen's funding them to stop hyperscalers from owning the market), while M0xt's betting hyperscalers win once cheap intelligence unlocks the agentic economy.
John's doing neither, sitting in cash with Bitcoin limit orders at $55k-$58k while digital assets are out of favor.
ANALYST UPDATES 🔥
Our analysts posts in “Analyst Updates” every week and share thoughts on the macro, specific assets, or just general banter.
This week, John went deep into Kevin Warsh’s latest comments, following a question from one of our PRO members:
Kyle also posted about his recent SpaceX position, with a very optimistic green arrow up and to the right.
Read the full write ups on the Milk Road site, and be sure to filter for “Analyst Update”.
