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    "slug": "lululemon-earnings-update",
    "language": "en",
    "title": "Lululemon: review earnings",
    "category": "Earnings update",
    "description": "Prior-period KPIs, regional changes, tariff-refund adjustment and evidence-linked explanations; includes an editable table and a retrospective thesis-check illustration.",
    "period": "FY2021–FY2025; Q1/Q2/H1 FY2026",
    "sources": 13,
    "profile": "ledger",
    "model_receipt": "model-audit.json",
    "research_cutoff": "2026-09-04",
    "use_cases": ["earnings-update", "illustrative-thesis-check"]
  },
  {
    "slug": "apple-business-quality",
    "language": "en",
    "title": "Apple",
    "category": "Company analysis",
    "description": "Business quality, the Services shift, an EPS bridge and five years of cash allocation.",
    "period": "FY2021–FY2025",
    "sources": 2,
    "profile": "classic",
    "model_receipt": "model-audit.json"
  },
  {
    "slug": "cloud-computing",
    "language": "en",
    "title": "Cloud computing",
    "category": "Sector comparison",
    "description": "AWS, Azure and Google Cloud: growth, segment economics and the limits of comparability.",
    "period": "2021–2025",
    "sources": 9,
    "profile": "classic",
    "model_receipt": "model-audit.json"
  },
  {
    "slug": "ai-infrastructure-capex-supply-chain",
    "language": "en",
    "title": "AI infrastructure & suppliers",
    "category": "Supply-chain analysis",
    "description": "Four hyperscalers, eight suppliers: trace capital spending through compute, memory, networking, power and cooling.",
    "period": "2023–September 2026",
    "sources": 37,
    "profile": "inline",
    "model_receipt": null
  },
  {
    "slug": "big-tech-investment-allocation",
    "language": "zh-CN",
    "title": "六家科技公司的资本配置",
    "category": "跨公司比较 · 中文",
    "description": "比较资本开支、研发、并购及股东回报；保留真实财年日期，不把不同支出口径简单相加。",
    "period": "各自最近五个完整财年",
    "sources": 12,
    "profile": "ledger",
    "model_receipt": "model-tests.json"
  },
  {
    "slug": "ai-industry-value-chain",
    "language": "zh-CN",
    "title": "AI 产业链：增长、利润与资本回收",
    "category": "行业全景 · 中文",
    "description": "连接模型、硬件、云、应用与分发；比较财务结果、现金回收、增长桥接及推理成本情景。",
    "period": "最近完整年度与已核实季度",
    "sources": 39,
    "profile": "ledger",
    "model_receipt": "model-tests.json"
  },
  {
    "slug": "pandemic-growth-retention",
    "language": "en",
    "title": "Pandemic growth retention",
    "category": "Cross-company historical comparison",
    "description": "Zoom, Docusign, Shopify, Etsy and Peloton: retained revenue, operating margins, cash conversion and scope changes.",
    "period": "Fiscal periods ending 2019–2025",
    "sources": 15,
    "profile": "historical",
    "model_receipt": "model-audit.json"
  },
  {
    "slug": "sp500-20year-return-risk",
    "language": "zh-CN",
    "title": "美股大盘：长期收益与持有风险",
    "category": "历史收益与风险 · 中文",
    "description": "20年复合收益、购买力、历史回撤、滚动持有窗口与提款顺序；区分历史实绩和未来风险。",
    "period": "2006–2025；1993–2026辅助样本",
    "sources": 9,
    "profile": "market-history-excerpt",
    "model_receipt": "model-audit.json",
    "validation_status": "PASS_WITH_WARNINGS",
    "expected_warning_codes": ["market_data.corporate_actions", "source.secondary", "source.secondary"],
    "research_cutoff": "2026-09-04"
  }
]