The equity engine isn't going away — but the way it runs is changing. For the past stretch, Runchey Research has analyzed a large and growing universe of equities, each one passed through a multi-model ensemble across a dozen-plus specialized lenses. That breadth came at a cost, and the cost has caught up. Starting now, equity coverage moves to a leaner, curated model: a focused set of names under active analysis, and an iceblock for everything else.
What Changed
Every equity analysis on this site is the output of a structured debate between frontier AI models. A single company moves through source gathering, dossier extraction, and as many as fourteen lenses — and each lens spawns multiple independent model runs. Multiply that by an earnings cadence and a coverage list in the dozens, and the token consumption is substantial.
Through late 2025 and into 2026, the economics shifted. Programmatic API usage that used to be absorbable became something I have to account for directly — pricing changes, and the clawback of the allowances that made high-volume automated runs viable in the first place. The platform was architected for breadth. Breadth is now the expensive part, and the quantity of analyses had simply become too much to carry.
Active Coverage and the Iceblock
Going forward, every covered equity sits in one of two states.
Active Coverage
A curated set of names that are continuously maintained — refreshed through earnings, material events, and monitoring triggers, with prediction markets kept current. These get the full treatment, on cadence.
The Iceblock
Analyses that remain fully published and readable, but are paused. They are not refreshed on earnings, and their predictions are frozen at their last run. An iced analysis is a snapshot in time, clearly marked as such. Nothing is deleted.
The two tiers are not permanent assignments. A name can move from the iceblock back into active coverage when it earns the attention — and an active name can be iced when it no longer does. The point of the new platform is to make that decision deliberate and reversible, rather than leaving coverage to drift by default.
Why the Site Has Been Quiet
If you've checked in over the last few weeks and found little new, this is why. The work hasn't stopped — it has been migration. Moving equity coverage onto a more fluid platform, one where the active/iceblock distinction is a first-class control rather than a manual exercise, took priority over publishing new analyses.
That migration is nearly done. New equity updates are targeted for mid-June 2026. When they resume, expect fewer names moving at once — but the same depth on each.
Fewer Names, Same Standard
This is a contraction in breadth, not in standards. Runchey Research was always about the methodology — the structured debate, the surfaced disagreement, the calibrated uncertainty — not the size of the coverage list. A smaller set of well-maintained analyses is more honest than a large one quietly going stale. The curated approach makes that explicit.
The Equity Library Stays Open
Every published analysis remains available to read. Browse the existing coverage and the methodology behind it while new updates are prepared.