# Portrait Research publications

> [Portrait Research index](https://portraitresearch.com/llms.txt)

[Canonical archive](https://portraitresearch.com/resources/)

Complete index of currently published research, product updates and perspectives, newest first. Each entry links to its full Markdown document and public HTML page.

## Publications

- [Part 2 of AI solutions for the Buy Side, Research Systems](https://portraitresearch.com/blog/part-2-of-ai-solutions-for-the-buy-side-research-systems.md): 2026-09-11 · AI solutions for the buy side. [HTML](https://portraitresearch.com/blog/part-2-of-ai-solutions-for-the-buy-side-research-systems/). Our Portrait CLI allows Claude Code, or any other desktop-native harness, to easily fan out research to Easel

- [Software companies with customer concentration and weakening moats](https://portraitresearch.com/blog/software-companies-with-customer-concentration-and-weakening-moats.md): 2026-09-03 · Mosaic framework results. [HTML](https://portraitresearch.com/blog/software-companies-with-customer-concentration-and-weakening-moats/). A Mosaic research example examining customer concentration and competitive pressure across ten software businesses, with company disclosures and research limitations.

- [AI solutions for the buy side, Idea generation](https://portraitresearch.com/blog/ai-solutions-for-the-buy-side-idea-generation.md): 2026-08-24 · AI solutions for the buy side. [HTML](https://portraitresearch.com/blog/ai-solutions-for-the-buy-side-idea-generation/). Compare quantitative screening, qualitative screening and research agents for buy-side idea generation, including framework design and the limits of backtesting.

- [BMRN BioMarin GC 2026 questions](https://portraitresearch.com/blog/2026-08-10-bmrn-biomarin-gc-2026-questions.md): 2026-08-10 · Canaccord Genuity 2026. [HTML](https://portraitresearch.com/blog/2026-08-10-bmrn-biomarin-gc-2026-questions/). Anchored to Q2 2026 print (August 6, 2026). Fiscal year ends in December, so Q2 FY26 = CQ2 2026. No venue supplied — questions are drafted generic. Sources: Q2 2026 Earnings Call, Q2 2026 Earnings Call Presentation, Q2 2026 Earnings Release, BMRN Case Study CQ 2026 Q2, Q1 2026 Earnings Call. Amicu …

- [QLYS — Questions for Management](https://portraitresearch.com/blog/2026-08-10-qlys-conference-questions-for-managementmd.md): 2026-08-10 · Canaccord Genuity 2026. [HTML](https://portraitresearch.com/blog/2026-08-10-qlys-conference-questions-for-managementmd/). # QLYS — Management Questions for Upcoming Conference\*Anchored to Q2 2026 print (Aug 4, 2026). Sources: Q2 2026 Earnings Call, Q1 2026 Earnings Call, Q2 2026 Earnings Release, UBS Global Technology and AI Conference 2025, QLYS Case Study CQ 2026 Q2.\*## Growth reacceleration1. You calle …

- [Where Huawei's petaflops are actually landing — the SMIC wafer choke point](https://portraitresearch.com/blog/where-huaweis-petaflops-are-actually-landing-the-smic-wafer-choke-point.md): 2026-07-09 · China HPC production. [HTML](https://portraitresearch.com/blog/where-huaweis-petaflops-are-actually-landing-the-smic-wafer-choke-point/). # Where Huawei's petaflops are actually landing — the SMIC wafer choke point## Petaflops coming online, Huawei vs. NvidiaHow much AI compute is each side of the US–China divide actually putting into customer data centers per year? One recent datapoint on why the Huawei side of that questio …

- [Miners are selling megawatts, not hashes.](https://portraitresearch.com/blog/miners-are-selling-megawatts-not-hashes.md): 2026-07-08 · The Bitcoin Miner to AI Infra transition. [HTML](https://portraitresearch.com/blog/miners-are-selling-megawatts-not-hashes/). Compare Core Scientific, Riot, MARA and CleanSpark as Bitcoin miners pursue AI/HPC capacity, using Q1 2026 disclosures and stated analyst assumptions.

- [Devon Energy: Management Q&A Topics](https://portraitresearch.com/blog/2026-06-18-devon-energy-management-qa-topics.md): 2026-06-18 · J.P. Morgan Energy, Power, Renewables & Mining Conference (New York, June 23, 2026). [HTML](https://portraitresearch.com/blog/2026-06-18-devon-energy-management-qa-topics/). Devon Energy (DVN) at a Strategic Crossroads – AI Efficiency, Activist Pressure, and Commodity Volatility

- [Oceaneering Management Qs — OII](https://portraitresearch.com/blog/2026-06-18-oceaneering-management-qs-oii.md): 2026-06-18 · J.P. Morgan Energy, Power, Renewables & Mining Conference (New York, June 23, 2026). [HTML](https://portraitresearch.com/blog/2026-06-18-oceaneering-management-qs-oii/). Beyond the Headlines: 3 Key Themes from Our Oceaneering Deep-Research Report

- [SM Energy Management Questions](https://portraitresearch.com/blog/2026-06-18-sm-energy-management-questions.md): 2026-06-18 · J.P. Morgan Energy, Power, Renewables & Mining Conference (New York, June 23, 2026). [HTML](https://portraitresearch.com/blog/2026-06-18-sm-energy-management-questions/). SM Energy’s Post-Merger Playbook: Balancing Efficiency, Deleveraging, and Macro Opportunity

- [Phillips 66 — Management Questions](https://portraitresearch.com/blog/2026-06-18-phillips-66-management-questions.md): 2026-06-18 · J.P. Morgan Energy, Power, Renewables & Mining Conference (New York, June 23, 2026). [HTML](https://portraitresearch.com/blog/2026-06-18-phillips-66-management-questions/). Phillips 66 faces a critical execution window as it works to recover from significant mark-to-market volatility, reduce a swollen debt load, and hit aggressive cost targets while delivering key midstream and chemical projects.