Burry is mitigating near-term tax selling in underperforming holdings.
The investor foresees an early end to the artificial intelligence boom, positioning for a 2000–2003 style value equity revival.
Significant capital is being directed into discounted Chinese equities like BYD, while maintaining a cautious stance on Alibaba amidst its infrastructure spending.
Renowned value investor Michael Burry outlined his fourth-quarter portfolio maneuvers in an update on his Cassandra Unchained Substack platform on Monday, revealing how he is positioning around tax-loss harvesting headwinds while building long-term exposure to deeply discounted sectors.
Burry noted that the final quarter routinely brings heightened selling pressure on underperforming equities as investors sell underperforming ***** ets at a loss to offset capital gains.

#burry #positioning #capital #equities

Aristotle International Equity Fund, sub-advised by Aristotle Capital Management, LLC, released its second-quarter 2026 investor letter. The letter can be downloaded here. Global equity markets reached record highs in Q2, with the MSCI ACWI Index rising 14.93%, while global fixed income grew modestly by 0.87%. Geopolitical tensions, particularly in the Middle East, affected energy markets and investor sentiment, highlighting volatility and fragility in global supply. Central banks reacted variably to inflationary pressures, with the ECB raising rates amidst concerns of stagflation, while the Fed and Bank of England held rates steady. Despite economic challenges, robust earnings continued in Europe and Asia, driven by AI infrastructure demand. The Aristotle International Equity Fund (Class I-2) recorded an 8.40% return in the quarter, underperforming both the MSCI EAFE Index, which returned 10.82%, and the MSCI ACWI ex USA Index, which returned 14.49%. Going forward, the fund remains focused on quality investments as geopolitical and macroeconomic complexities make forecasting returns challenging. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Aristotle International Equity Fund highlighted Unilever PLC (NYSE:UL). Unilever PLC (NYSE:UL) is a British consumer goods giant, that sell products across food, homecare, beauty, and personal care categories. On September 17, 2026, Unilever PLC (NYSE:UL) closed at $62.22 per share. Over the past month, Unilever PLC (NYSE:UL) declined 2.99%, but its shares are down 5.09% over the past year. Unilever PLC (NYSE:UL) has a market capitalization of $133.98 billion, and its stock has traded within a 52-week range of $54.75 to $74.98.
Aristotle International Equity Fund stated the following regarding Unilever PLC (NYSE:UL) in its Q2 2026 investor letter:
"We first invested in Unilever PLC (NYSE:UL), the global consumer staples company, in the second quarter of 2013. We have long been attracted to the company's broad portfolio of leading personal care and food brands (such as Dove, Knorr and Axe), global scale, significant emerging markets exposure and strong position across everyday use categories. Over our more than decade-long holding period, Unilever strengthened and simplified its portfolio, divesting lower-growth food ***** ets, improving efficiency, increasing focus behind its largest brands and shifting the business toward faster-growing, higher-margin beauty, wellbeing, personal care and home care categories. More recently, the separation of the ice cream business and continued reshaping of the food portfolio have further narrowed Unilever's strategic focus. While we continue to view the remaining Unilever franchise as high quality, we believe the more compelling opportunity now resides in the independent ice cream business, where dedicated management and a category-specific strategy should provide a clearer pa

CoreWeave (CRWV), purely from the perspective of revenue growth, still looks attractive. However, CRWV stock is telling a different story. In the past 52 weeks, the stock has corrected by 29%.
Amidst this weak performance, Bernstein issued a warning. That "slowdown in the training of artificial intelligence models could negatively affect data center developers and neoclouds." Further, CoreWeave is one of the "most exposed" to this risk.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The Case for Selling CrowdStrike Stock
Why It's Time to Load Up on Nvidia Stock

#bernstein #billionaire #charlie

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Western Digital Corporation (NASDAQ:WDC). Western Digital Corporation (NASDAQ:WDC) is a data storage company that engages in the manufacturing and distribution of data storage devices and solutions based on hard disk drive (HDD) technology. On September 14, 2026, Western Digital Corporation (NASDAQ:WDC) closed at $426.94 per share. Over the past month, Western Digital Corporation (NASDAQ:WDC) declined 13.95%, and its shares are up 314.14% over the past year. Western Digital Corporation (NASDAQ:WDC) has a market capitalization of $153.93 billion, and its stock has traded within a 52-week range of $93.92 to $799.87.
Fidelity Dividend Growth Fund stated the following regarding Western Digital Corporation (NASDAQ:WDC) in its Q2 2026 investor letter:
"Among individual holdings, a sizable overweight in Western Digital Corporation (NASDAQ:WDC) (+140%) topped the list of relative contributors. In late April, the data-storage maker reported better-than-expected quarterly financial results, including higher earnings and gross profit margin. In its report, management said brisk demand for the firm's storage solutions for AI capabilities contributed to the solid quarter. Also, the company raised its financial guidance."
Western Digital Corporation (NASDAQ:WDC) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 98 hedge fund portfolios held Western Digital Corporation (NASDAQ:WDC) at the end of the second quarter, up from 83 in the previous quarter. While we acknowledge the potential of Western Digital Corporation (NASDAQ:WDC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-te

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD). Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 14, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $493.41 per share, reflecting a market capitalization of $805.61 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 7.72%, but its shares are up 226.08% over the past year.
Fidelity Dividend Growth Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"On the other hand, security selection in industrials and materials meaningfully detracted for the quarter, along with a large overweight in the lagging energy sector. The five largest relative detractors were all strong-performing benchmark components in the technology sector that the fund didn't own during the quarter. For example, Advanced Micro Devices, Inc. (NASDAQ:AMD) (+186%) was the largest relative detractor for the period. AMD competes in many markets with Nvidia, which we preferred and has outperformed AMD in many recent quarters. Also, AMD pays no dividend, whereas Nvidia does. The past three months, though, AMD had by far the better return, aided by better-than-expected earnings for Q1 that were driven by accelerating demand for AI infrastructure."

#Dividend

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Seagate Technology Holdings plc (NASDAQ:STX) as a notable performance contributor. Seagate Technology Holdings plc (NASDAQ:STX) is a data storage company providing data storage technology and infrastructure solutions. On September 14, 2026, Seagate Technology Holdings plc (NASDAQ:STX) closed at $805.55 per share. Over the past month, Seagate Technology Holdings plc (NASDAQ:STX) declined 10.86%, but its shares are up 281.54% over the past year. Seagate Technology Holdings plc (NASDAQ:STX) has a market capitalization of $183.18 billion, and its stock has traded within a 52-week range of $206.26 to $1,145.00.
Fidelity Dividend Growth Fund stated the following regarding Seagate Technology Holdings plc (NASDAQ:STX) in its Q2 2026 investor letter:
"Shares of Seagate Technology Holdings plc (NASDAQ:STX) gained about 147% the past three months. Seagate is one of the world's largest producers of digital storage and, along with Western Digital, one of two dominant makers of hard-disk drives. Exploding demand for HDDs used in AI capable data centers has led to surging sales and strong pricing power for the company. In its most recent quarterly filing in April, Seagate reported revenue, earnings and profitability that all exceeded consensus expectations, while raising financial guidance."
Seagate Technology Holdings plc (NASDAQ:STX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 131 hedge fund portfolios held Seagate Technology Holdings plc (NASDAQ:STX) at the end of the second quarter, compared to 93 in the previous quarter. While we acknowledge the potential of Seagate Technology Holdings plc (NASDAQ:STX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly f

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Seagate Technology Holdings plc (NASDAQ:STX) as a notable performance contributor. Seagate Technology Holdings plc (NASDAQ:STX) is a data storage company providing data storage technology and infrastructure solutions. On September 14, 2026, Seagate Technology Holdings plc (NASDAQ:STX) closed at $805.55 per share. Over the past month, Seagate Technology Holdings plc (NASDAQ:STX) declined 10.86%, but its shares are up 281.54% over the past year. Seagate Technology Holdings plc (NASDAQ:STX) has a market capitalization of $183.18 billion, and its stock has traded within a 52-week range of $206.26 to $1,145.00.
Fidelity Dividend Growth Fund stated the following regarding Seagate Technology Holdings plc (NASDAQ:STX) in its Q2 2026 investor letter:
"Shares of Seagate Technology Holdings plc (NASDAQ:STX) gained about 147% the past three months. Seagate is one of the world's largest producers of digital storage and, along with Western Digital, one of two dominant makers of hard-disk drives. Exploding demand for HDDs used in AI capable data centers has led to surging sales and strong pricing power for the company. In its most recent quarterly filing in April, Seagate reported revenue, earnings and profitability that all exceeded consensus expectations, while raising financial guidance."
Seagate Technology Holdings plc (NASDAQ:STX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 131 hedge fund portfolios held Seagate Technology Holdings plc (NASDAQ:STX) at the end of the second quarter, compared to 93 in the previous quarter. While we acknowledge the potential of Seagate Technology Holdings plc (NASDAQ:STX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly f

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD). Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 14, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $493.41 per share, reflecting a market capitalization of $805.61 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 7.72%, but its shares are up 226.08% over the past year.
Fidelity Dividend Growth Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"On the other hand, security selection in industrials and materials meaningfully detracted for the quarter, along with a large overweight in the lagging energy sector. The five largest relative detractors were all strong-performing benchmark components in the technology sector that the fund didn't own during the quarter. For example, Advanced Micro Devices, Inc. (NASDAQ:AMD) (+186%) was the largest relative detractor for the period. AMD competes in many markets with Nvidia, which we preferred and has outperformed AMD in many recent quarters. Also, AMD pays no dividend, whereas Nvidia does. The past three months, though, AMD had by far the better return, aided by better-than-expected earnings for Q1 that were driven by accelerating demand for AI infrastructure."

#devices #NASDAQ #letter

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval

Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Western Digital Corporation (NASDAQ:WDC). Western Digital Corporation (NASDAQ:WDC) is a data storage company that engages in the manufacturing and distribution of data storage devices and solutions based on hard disk drive (HDD) technology. On September 14, 2026, Western Digital Corporation (NASDAQ:WDC) closed at $426.94 per share. Over the past month, Western Digital Corporation (NASDAQ:WDC) declined 13.95%, and its shares are up 314.14% over the past year. Western Digital Corporation (NASDAQ:WDC) has a market capitalization of $153.93 billion, and its stock has traded within a 52-week range of $93.92 to $799.87.
Fidelity Dividend Growth Fund stated the following regarding Western Digital Corporation (NASDAQ:WDC) in its Q2 2026 investor letter:
"Among individual holdings, a sizable overweight in Western Digital Corporation (NASDAQ:WDC) (+140%) topped the list of relative contributors. In late April, the data-storage maker reported better-than-expected quarterly financial results, including higher earnings and gross profit margin. In its report, management said brisk demand for the firm's storage solutions for AI capabilities contributed to the solid quarter. Also, the company raised its financial guidance."
Western Digital Corporation (NASDAQ:WDC) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 98 hedge fund portfolios held Western Digital Corporation (NASDAQ:WDC) at the end of the second quarter, up from 83 in the previous quarter. While we acknowledge the potential of Western Digital Corporation (NASDAQ:WDC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-te

What's been exciting about Robinhood Chain (RHC) is seeing tokens attempt new mechanisms to answer questions like: why would someone hold this token? How can we make participating in this token attractive? And, more broadly, how can market activity around a token overall be designed to contribute to its success?
All new projects should ask this and the best ones do, but when you have a new chain, with a new market and new infrastructure, it can be sort of a "clean slate" or fresh design ***** e and breathe new life into the solutions to such questions.
The dominant answer right now seems to be distributions: hold this token and get stock, tokens, etc. Below are projects which execute this with a twist, expanding either the type of rewards or the source for rewards that end up in the hands of holders.
Others attempt to answer the second question, experimenting with new infrastructure that tries to make market activity, of whatever kind, directly contribute to the token's success.
These are all shared to give you a sense of what novelty can look like amidst this meta and act as a guiding force to understand what's been done, what's working, and overall where to direct your attention towards.

#make

Saturday evening brought big news: Vikings legend Harrison Smith, who never officially announced his retirement, is coming back for a 15th season with the franchise that drafted him in the first round back in 2012.
The fan reaction to that news has been almost entirely positive. Smith is an all-time great who has played at a high level across several different eras of Vikings football. About a month into this season, he'll pass Carl Eller and Fred ****** to move into third on the franchise's games played leaderboard, trailing only Jim Marshall and Mick Tingelhoff. He's an obvious Ring of Honor lock with a real chance to end up in the Pro Football Hall of Fame.
And Smith's return isn't just about legacy. With his experience and instincts and communication abilities in Brian Flores' check-heavy defense, Smith is a big addition to the Vikings' roster right now, even at 37 years old. He can clearly still play, as we saw in his dominant performance against the Lions last Christmas Day.
Amidst the excitement, there have been a few Vikings fans who have pushed back. Their specific complaints have to do with the contract the team gave Smith for his 15th season. It's a one-year, $12.25 million deal that has incentives up to $16.25 million if Minnesota wins the Super Bowl. For some, that price tag is too steep for a 37-year-old safety.
There were enough of those tweets that a former longtime teammate of Smith's took notice. Anthony Barr, a first-round pick two years after Smith who played alongside him for nine seasons, took to X/Twitter to put those fans on blast late on Saturday night after a couple posts about his UCLA Bruins' Week 1 win over Cal.

#smith #season #first #years

Brian Kelly knows the intersection of culture, politics, sports and LSU all too well.
He remembers receiving an invitation to one of Louisiana Gov. Jeff Landry's biggest fundraisers — a "gator-tagging event" — amidst LSU's own preseason football camp.
Kelly is not at all surprised LSU's attempt to play athletes who had spent time in NFL training camps has become intertwined with all things… Louisiana.
Opinion: Lane Kiffin has LSU at war with SEC. The consequences could last years
SEC statement after losing LSU hearing: Expects schools to follow rules

#louisiana #jeff #intersection

If you're excited for Nico Iamaleava's 2026 season, you're not alone. Ahead of Iamaleava and the UCLA Bruins season debut on Saturday, college football ****** yst Todd McShay appeared on the Bill Simmons Podcast and gushed about UCLA's signal caller.
The former five-star recruit is flying a bit under the radar after a 2025 season where the Bruins offense struggled and the team finished 3-9 as a whole. Even amidst the struggles for the team, Iamaleava flashed moments of brilliance.
"I don't think people nationally have a clue how good Nico is," McShay said. "He's got a toughness about him that I didn't expect. He's got an ability to bounce-back from mistakes. This guy loves ball, you can't hide that on tape."
Even with those intangibles, it's the combination of Iamaleava's size and speed for the quarterback position. That skillset not only makes him an exciting college quarterback, it makes him a potential option at the NFL level.
"A 6'5" gazelle when he takes off to run. Then you watch the ability to, at 6'5", make guys miss in small ****** es," McShay said of the UCLA quarterback. "There's nothing he can't do. Now his deep ball accuracy was atrocious at Tennessee. I'm interested to see this year if he can improve that area."

#mcshay #bruins #you 're #college

Lionel Richie made headlines this week after it was revealed the musician had checked himself into intensive care after a concert on Saturday night.
While performing his hit track 'All Night Long,' the 77-year-old requested a chair on stage and had to sit down for the rest of the performance.
Lionel Richie checked himself into intensive care after a concert on Saturday night (@ Getty Images)
The news sparked a wave of support from concerned fans, who quickly flooded his social media pages with well-wishes. Amidst the outpouring of love, one person undoubtedly by Lionel's side as he gets back on his feet is his girlfriend, Lisa Parigi.
Find out all you need to know about Lionel's other half below.

#care #concert #long

Every day from now until the start of the season, Land-Grant Holy Land is highlighting Ohio State football players that you should be watching this season. Check out all of our "Player to Watch" articles to get ready for the season opener against Ball State.
The Buckeyes' transfer portal class this year was note-worthy, filled with veteran experience and players intended to meet an immediate need. But amidst the hullabaloo, they also made a quieter addition, snagging cornerback Dominick Kelly from Georgia.
Don't be fooled by the lack of buzz: While Kelly might not have the same proven production as his peers, he's no less intriguing. In fact, if his upside ends up being as high as it looks, Kelly could very well end up being the biggest steal in this year's portal class, becoming an enormous impact player for Ohio State in the long run.
As far as experience goes, Kelly has relatively little at the collegiate level. He appeared in 10 games for the Bulldogs last season as a reserve cornerback, logging three tackles and three pass breakups while allowing three catches for 73 yards and a touchdown.
It might not seem like much, but the fact that Kelly has any experience at all speaks to his potential. Elite programs like Georgia aren't in the habit of handing snaps to freshmen cornerbacks, so his 61 defensive snaps (according to Pro Football Focus) indicate the trust Kirby Smart and his staff had in Kelly.

#three

It's no secret that the UConn Huskies have been the boogeyman, or monster hiding under the bed, for the Illinois men's basketball program in recent memory.
It all started back in 2024, when the Illini were amidst a magical March Madness run and ended up being tasked with facing a juggernaut Huskies team in the Elite Eight.
Things started off competitively in the game, with the score tied at 23 with two minutes to go in the first half, and both teams in the fight.
And that's when things took a turn for the worse for the Orange and Blue, as the Huskies went for the kill shot, ripping off a now-infamous 30-0 run.
Illinois ended up losing 77-52 after trailing by as many as 30 points at one point in the second half,

#started #ended #half #march

Sandhill Investment Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter highlighted a strong second quarter for equity markets, with the S&P 500 up about 15% and projected earnings growth at the fastest rate in five years. Despite challenges like tensions with Iran and lower oil prices, the semiconductor sector and AI advancements drove significant stock price increases. In fixed income, rising yields have made corporate bonds appealing, offering over 5% returns. However, consumer sentiment is waning, and the savings rate is at a six-decade low, raising caution about the economy. Investment trends suggest that while overall market valuations are high, quality businesses present selective opportunities for long-term gains amidst short-term volatility. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Sandhill Investment Management highlighted Badger Meter, Inc. (NYSE:BMI) as a new holding. Badger Meter, Inc. (NYSE:BMI) is a US-based flow measurement, quality, control, and communication solutions company focusing on Utility water smart metering solutions and software technologies. On August 26, 2026, Badger Meter, Inc. (NYSE:BMI) closed at $137.15 per share, reflecting a market capitalization of $3.98 billion. Badger Meter, Inc. (NYSE:BMI) posted a one-month return of 5.18%, while its shares lost 26.46% over the past 52 weeks.
Sandhill Investment Management stated the following regarding Badger Meter, Inc. (NYSE:BMI) in its Q2 2026 investor letter:
"Despite the elevated broad market valuation and the caution related to the consumer, quality businesses are being valued more cheaply than they have been in a long time, and we are putting capital to work. We remain selective, but individual businesses are presenting compelling value.
We recently initiated a position in Badger Meter, Inc. (NYSE:BMI), a pure-play water technology company. Badger holds a leading position in smart water meters and cellular advanced metering infrastructure technology. It sells into an oligopoly market with high switching costs and municipal utility customers that value reliability over price. The stock pulled back sharply after a temporary air pocket in revenue growth tied to project timing, rather than any change in long-term demand. We believe the multidecade replacement cycle for aging water infrastructure, combined with increasing technology adoption, gives Badger a durable growth runway, and the recent weakness provided an attractive entry point. We tracked Badger Meter on our watchlist for years before business fundamentals and valuation aligned to create an attractive entry point."

#badger #management #letter

Sandhill Investment Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter highlighted a strong second quarter for equity markets, with the S&P 500 up about 15% and projected earnings growth at the fastest rate in five years. Despite challenges like tensions with Iran and lower oil prices, the semiconductor sector and AI advancements drove significant stock price increases. In fixed income, rising yields have made corporate bonds appealing, offering over 5% returns. However, consumer sentiment is waning, and the savings rate is at a six-decade low, raising caution about the economy. Investment trends suggest that while overall market valuations are high, quality businesses present selective opportunities for long-term gains amidst short-term volatility. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Sandhill Investment Management highlighted Forgent Power Solutions, Inc. (NYSE:FPS) as a new holdings. Forgent Power Solutions, Inc. (NYSE:FPS) is a leading industrial company that designs and manufactures electrical distribution equipment used in data centers, the power grid, and energy-intensive industrial facilities. On August 26, 2026, Forgent Power Solutions, Inc. (NYSE:FPS) closed at $32.21 per share, reflecting a market capitalization of $9.80 billion. Forgent Power Solutions, Inc. (NYSE:FPS) posted a one-month return of -3.22%.
Sandhill Investment Management stated the following regarding Forgent Power Solutions, Inc. (NYSE:FPS) in its Q2 2026 investor letter:
"Despite the elevated broad market valuation and the caution related to the consumer, quality businesses are being valued more cheaply than they have been in a long time, and we are putting capital to work. We remain selective, but individual businesses are presenting compelling value.
We also initiated a position in Forgent Power Solutions, Inc. (NYSE:FPS), a newly public manufacturer of electrical distribution equipment, including transformers, switchgear and prefabricated power systems for data centers and the broader electric grid. As AI infrastructure spending accelerates, power equipment has become a critical constraint on new data center capacity. Forgent's ability to provide an integrated range of electrical products positions it well as customers seek faster and more coordinated solutions. Forgent, by contrast, is a newly public company that remains less widely followed despite strong long-term growth prospects and a valuation that leaves room for upside."

#power #NYSE #letter #company

Alluvial Capital Management's Q2 2026 investor letter for the Alluvial Fund reported a 4.9% return, with a year-to-date increase to 8.0%. A copy of the letter can be downloaded here. While these results are acceptable, they are overshadowed by the impressive performance of small-cap and micro-cap stocks, particularly in AI and semiconductor sectors. The portfolio remains stable and focused on dependable cash flow producers, although it sometimes lags in momentum-driven markets. July showed improvement for Alluvial Fund as benchmarks declined. The author emphasizes the importance of a dependable investment strategy focused on solid cash flow producers, while expressing confidence that the portfolio's intrinsic value discount will lessen over time. The letter aims to communicate the fund's approach and highlights potential opportunities in overlooked sectors, urging a long-term investment perspective amidst current market trends. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Alluvial Fund highlighted Talen Energy Corporation (NASDAQ:TLN). Talen Energy Corporation (NASDAQ:TLN) is an independent power producer and infrastructure company that generates and sells electricity, capacity, and ancillary services. On August 26, 2026, Talen Energy Corporation (NASDAQ:TLN) closed at $306.29 per share, reflecting a market capitalization of $14.68 billion. Talen Energy Corporation (NASDAQ:TLN) posted a one-month return of -7.89%, while its shares lost 7.89% over the past 52 weeks.
Alluvial Fund stated the following regarding Talen Energy Corporation (NASDAQ:TLN) in its Q2 2026 investor letter:
"Talen Energy Corporation (NASDAQ:TLN) is another long-tenured Alluvial holding. We bought Talen out of bankruptcy and have watched Talen's management put on an absolute master class. Since emergence, Talen has bought back a huge quantity of shares at extremely low prices, sold some older, out-of-market **** ets, and reinvested in modern generation capacity at good prices. Today, the market tends to treat Talen as a proxy for AI and data centers: on "AI will take over the world" days, Talen shares soar; on "AI is in a bubble" days, Talen sinks. This dynamic makes Talen unusually tradable by Alluvial Fund standards. We have had success selling calls against our core position when optimism surges, and buying calls when pessimism seems close to peaking. Meanwhile, we keep our eyes on the underlying story: merchant power production, especially nuclear, is a different business than it was a decade ago. Demand for electricity is growing again after stagnating for a decade. The United States is structurally short of generation capacity. This translates to strong free cash flow for companies like Talen that have dispatchable generation capacity. Talen expects free cash flow per share to exceed $40 in 2028, a figure that appears achievable based on planned share buybacks and the ramp-up of the company's supply agreement

Alluvial Capital Management's Q2 2026 investor letter for the Alluvial Fund reported a 4.9% return, with a year-to-date increase to 8.0%. A copy of the letter can be downloaded here. While these results are acceptable, they are overshadowed by the impressive performance of small-cap and micro-cap stocks, particularly in AI and semiconductor sectors. The portfolio remains stable and focused on dependable cash flow producers, although it sometimes lags in momentum-driven markets. July showed improvement for Alluvial Fund as benchmarks declined. The author emphasizes the importance of a dependable investment strategy focused on solid cash flow producers, while expressing confidence that the portfolio's intrinsic value discount will lessen over time. The letter aims to communicate the fund's approach and highlights potential opportunities in overlooked sectors, urging a long-term investment perspective amidst current market trends. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Alluvial Fund highlighted Vistance Networks, Inc. (NASDAQ:VISN) as a newly added position. Vistance Networks, Inc. (NASDAQ:VISN) is a global provider of infrastructure solutions for communications, data center, and entertainment networks. On August 26, 2026, Vistance Networks, Inc. (NASDAQ:VISN) closed at $11.05 per share, reflecting a market capitalization of $2.55 billion. Vistance Networks, Inc. (NASDAQ:VISN) posted a one-month return of -5.64%, while its shares lost 30.76% over the past 52 weeks.
Alluvial Fund stated the following regarding Vistance Networks, Inc. (NASDAQ:VISN) in its Q2 2026 investor letter:
"Vistance Networks, Inc. (NASDAQ:VISN), a new holding for Alluvial Fund, is a company in the midst of dismantling itself. Over the past twelve months, Vistance has sold its two largest businesses. Vistance is now down to just one remaining operating ****** et, Aurora Networks, which manufactures equipment for cable networks like Comcast and Charter. It's not a wonderful business—results are lumpy and customer concentration is high—but it is not going away. Faced with relentless competition from fiber and wireless internet alternatives, cable operators have no choice but to continue to invest in speed and reliability upgrades. On the heels of this radical reduction in scale, I don't think Vistance stays independent. Management has gone from running an enterprise doing almost $7 billion in annual sales to one doing just $1 billion. Once it pays out the proceeds from its latest business sale, Vistance will have a market capitalization below $1 billion. As a newly-minted micro-cap company, it might as well be invisible. Being a listed, SEC-reporting micro-cap comes with all the headaches and annoyances of being public, but without most of the benefits. Given the choice between fading into irrelevance as a micro-cap network equipment maker and achieving a neat resolution (and a nice liquidity event for management,

Michael Allio addressed followers who questioned his ability to move forward after his late wife's death
Allio shared his engagement to beauty influencer Jadé Marie after three years of dating and a supportive friendship
The couple plans to build a life together with Allio's son James while honoring his late wife's memory
Michael Allio is pushing back after followers suggested he'd "never be over" his wife's death amidst announcing his engagement to fiancée Jadé Marie.
The Bachelorette alum, who competed on Katie Thurston's season in 2021, shared on Aug. 5 that he is engaged to Marie, a beauty influencer, after three years of dating. Allio, whose late wife Laura was diagnosed with breast cancer in 2017 and died nearly two years later, has long shared about his grieving journey on social media.

#michael #followers

What did Target, Starbucks, and Nike have in common barely a year ago? All three consumer icons had freshly announced new CEOs, which were wrongly greeted with hasty skepticism from ***** ysts. Target's Michael Fiddelke was scoffed at as an uninspired insider; Nike's Elliott Hill was underestimated as a nostalgia hire, unable to stem Nike's loss of market share, while questions abounded over whether Brian Niccol could actually turn around Starbucks amidst pervasive in-store service struggles, despite his sterling record at Chipotle.
We saw it differently. At the time of their appointments, we vocally and presciently touted all three new CEOs as the right person for the job at the right time, while other ***** ysts rolled their eyes. Unlike the frequent, sometime successful model of the messianic hiring of industry outsiders as turnaround tians, these new CEOs hit the ground running as each had decades of experience in their sectors with glowing track records, priceless relationships, and balanced expertise across marketing, finance, strategy, and operations,.
Furthermore, we were the first to confidently predict the certainty of their success, even knowing that it would take some time to reposition their enterprises and for their new leadership to gain traction. Now the receipts are in, showing striking progress in all three cases, with each already well on their way to cementing their reputations as the architects of some of the most remarkable corporate turnarounds of our era.
When Michael Fiddelke, a Target lifer who had risen up the ranks from a lowly intern over two decades ago, was named CEO, cynics sneered that the board had chosen entrenched groupthink over fresh blood. We argued precisely the opposite—that the data overwhelmingly shows internal candidates outperform splashy external saviors, with insider CEOs appointed over the prior year delivering roughly 15% annualized shareholder returns while external hires averaged negative 9%. New brooms sweep clean, but the old broom knows the corners. Furthermore, we argued that Fiddelke was uniquely positioned to build on the many successes of his widely admired predecessor, Brian Cornell, despite simultaneous urgent challenges.
This week brought resounding vindication. Target's second-quarter sales jumped 5.3%, digital sales grew nearly 9%, Target raised its full-year outlook for the second consecutive quarter, and the stock soared nearly 5%. Indeed, on a year to date basis, Target stock has soared nearly 60%.

#year #time

The offseason story that dominated the Big 12 will turn out to not matter a single bit during the season.
Defending champion Texas Tech added Cincinnati QB Brendan Sorsby in one of the biggest transfer portal moves of January. But after Sorsby transferred, it became public that he had been betting on sports while in college. Those bets included Indiana games when he was a member of the Hoosiers.
As Sorsby (and, unofficially, Texas Tech) successfully pushed to remain eligible for the 2026 season, the rest of the Big 12 was up in arms.
All that consternation worked. Amidst the blowback, Sorsby said he'd explore his supplemental NFL Draft options and not play for the Red Raiders in 2026. The NFL, meanwhile, said that it wouldn't have a supplemental draft this summer and Sorsby will now effectively sit out both the 2026 college football and NFL seasons.
Got all that? Here's what you need to know about the Big 12.

#brendan

Amidst the AI infrastructure boom and strong earnings by technology giants, there seems to be lingering fear of a potential bubble. Michael Hartnett, managing director and chief investment strategist at the Bank of America, is one of the strategists who believes that an AI bubble bust is impending. Harnett also opines that with the IPO of **** eX (SPCX) and the potential IPOs of OpenAI and Anthropic, market concentration of technology stocks in the S&P 500 ($SPX) is likely to increase to 48%. This, in his view, is another worrying sign.
On the other hand, technology sector leaders like Nvidia (NVDA) continue to create value. In the last 52 weeks, NVDA stock has trended higher by 24%. During this period, revenue growth has been robust, and cash flow acceleration has been meaningful.
Third Point Starts to Raise Alarm Bells on Broadcom After Dumping AVGO Stock in Q2
Nvidia Q2 Preview: Strong Earnings and Low Valuation Set the Stage for Upside
A $28.7 Billion Reason to Buy SK hynix Stock Now

#nvda #earnings #Potential #amidst

Socialist Nithya Raman drew loud groans and hisses from a crowd of Democrats during the Los Angeles mayoral debate after she fumbled while explaining her decision to hire the political consulting firm behind disgraced former Senate candidate Graham Platner's campaign.
After winning the Democratic primary for U.S. Senate in Maine, Platner, also a socialist, dropped out of the race in July after several ****** ual misconduct allegations. Even before the allegations arose, Platner had stirred significant controversy over his history of inflammatory statements and a chest tattoo critics say resembles a well-known ****** symbol. Though he continues to deny the ****** ual misconduct allegations and maintains his innocence, Platner remains an embarrassment for many Democrats after several prominent figures in the party endorsed and praised him.
During the debate Wednesday night, Raman, a Los Angeles City Council member and a member of the Democratic Socialists of America (DSA) Los Angeles chapter, faced questions over her decision to hire the consulting firm Fight Agency.
"[It was] reported that you've hired the same political consulting firm that managed Graham Platner's campaign in Maine, who had to resign amidst ****** ual ****** ault allegations. Is that true? And is that the best choice? And why did you make that decision?" the moderator asked.
Karen Bass Ripped After Viral Video Lays Out Taxpayer-funded Match Of Campaign Donations

#raman

Former NBA guard Kent Bazemore is sounding the alarm for professional athletes after opening up about the heavy financial toll of his recent divorce.
Following a ten-year career where he earned nearly 78 million dollars in salary, the retired basketball player shared candid reflections on how quickly wealth and relationships can collide once the playing days are over.
His ex-wife filed for divorce in 2022, the exact same year he retired from professional basketball, ultimately leaving him with substantial financial settlements. His cautionary comments have struck a major chord across social media, reigniting intense debates on how athletes manage their personal lives amidst massive wealth.
His personal experience highlights a growing pattern of high-profile financial and legal battles between superstar athletes and their former partners.
The retired shooting guard openly questioned the true motivations behind marriages formed during the height of an athletic career.

#financial #guard #Basketball

Gulf oil producers are finding new ways around the Strait of Hormuz, but bypassing the world's biggest oil chokepoint creates new risks.
VLCC Rates Go Ballistic as Hormuz Turns Into a Freight Jackpot
- VLCC prices are ballooning out of control (once again), pushing ***** sed earnings for a Middle East-to-China voyage beyond $500,000 per day as the flow of vessels moving out of the Gulf trickled down to a mere couple per day.
- Amidst news that Saudi Aramco resumed crude loadings at its key Ras Tanura export terminal, VLCC fixing costs for inside-Hormuz cargoes jumped to a whopping $31 million per voyage, as seen this week with the Mongolia Prosperity supertanker.
- Saudi Aramco loaded at least three VLCCs (Malaysia Prosperity, Algeria Prosperity and Singapore Prosperity) in the Gulf last week, all owned by Sinokor, offering them to Asian buyers via ship-to-ship transfers off Fujairah in the UAE on a prompt basis.

#prosperity #ship

The Seattle Seahawks recently announced their intention to sign free-agent cornerback Terrion Arnold. The former first-round pick was released by the Detroit Lions after news surfaced that he'd be facing eight felony charges for kidnapping and robbery with an armed weapon. **** uming Arnold ends up joining the Seahawks, he'll fill an immediate need that was exposed in Week 1 of the preseason.
The Seahawks were defeated 17-7 by the Dallas Cowboys. Predictably, the cornerback depth was exposed. Depth behind Devon Witherspoon and Josh Jobe has been questioned by fans all offseason long, and Arnold would represent a pretty big upgrade.
Shemar Jean-Charles especially struggled, allowing four receptions on five targets for 78 yards and a touchdown, per Pro Football Focus. Rookie Michael Dansby was also tagged with allowing a touchdown in coverage. Fellow rookie Andre Fuller gave up three catches on three targets.
The Seahawks do not have in-house solutions should Witherspoon or Jobe be sidelined with injury for any amount of time. If the Arnold signing is finalized amidst his off-field legal troubles, the Seahawks will have a depth cornerback they can rely on (at least on the field). The preseason exposed an issue we knew Seattle had, and Arnold could address that issue.
This article originally appeared on Seahawks Wire: Terrion Arnold should immediately fill Seahawks need preseason exposed

#exposed #depth #cornerback #terrion