𖣂📈 The next evolution: NXL ASIC overhang removed, BPH strategic pivot complete, 3Q results: BPH M7T, PV1, QOR

HOMODEUS RESEARCH WEEKLY BRIEF · 27 April 2026 Entering SaaSvana SaaSvana (/ sasˈvɑː n ə /) a transcendent state in which SaaS is neither suffering, desire, nor sense of self, and is released from the effects of karma and the cycle of death and rebirth Hi, Welcome to the first newsletter for Homodeus research. This week we published our inaugural research piece Tech Phoenix - Rising from the ashes . In our view tech is oversold on technicals and fundamentally for the wrong reasons. US March-quarter profit season is in its early stages, but adj. earnings on S&P500 and Russell2000 are up 19-21%per cent driven by the AI boom . Other interesting news, if you’ve been a victim of Claude getting nerfed as all devs I’ve been peaking to have experienced, Anthropic has come out with a postmortem explanation . Highlight of the week: Tech Phoenix - Rising from the ashes . NEWS THIS WEEK BPH Global (BP8-AU) Sale of China Bird’s Nest Business: Transaction completes company’s strategic pivot to focus on Indonesia-based seaweed sales and R&D activities. Source: ASX HD view: an interesting Nanocapseaweed comp to Seaforest (SEA-AU) worth keeping an eye on. BPH Global (BP8-AU) advances BRIN collab…