The Braves DFA'd Hayden Harris Wednesday to make ***** e on the 40-man roster to bring up repeat DFA victim Eliesar Hernandez. Harris was once viewed as an extremely promising bullpen prospect for Atlanta, with outrageous strikeout rates in the minors due to a unique fastball shape. He had a rough couple of innings in the majors in 2025 and really lost his command in 2026 in the minors. It's a ***** mer for those of us hoping for an electric homegrown bullpen arm from Harris, but perhaps not the end of the road for him.
Ronald Acuna made power-speed history Wednesday, reaching 200 home runs and stolen bases in the fewest games in baseball history.
Blake Burkhalter was optioned back to AAA, while Hayden Harris was DFA'd to make ***** e for Eliesar Hernandez.
The Braves beat the Nationals in dominant fashion, behind power from the offense and great pitching.
The Rays' new owner says he expects the team to be able to reach an above-average payroll with their new ballpark.

#Braves #dfa 'd #space #bullpen

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted StoneX Group Inc. (NASDAQ:SNEX) as a notable contributor. StoneX Group Inc. (NASDAQ:SNEX) operates as a US-based global financial services network that connects companies, organizations, traders, and investors to a market ecosystem. On August 31, 2026, StoneX Group Inc. (NASDAQ:SNEX) closed at $68.48 per share. StoneX Group Inc. (NASDAQ:SNEX) fell 8.97% over the past month while its shares gained 50.63% over the past 52 weeks. StoneX Group Inc. (NASDAQ:SNEX) has a market capitalization of $8.26 billion with a 52-week trading range between $36.45 - $94.66.
Riverwater Partners Small Cap Strategy stated the following regarding StoneX Group Inc. (NASDAQ:SNEX) in its Q2 2026 investor letter:
"StoneX Group Inc. (NASDAQ:SNEX), our financial services and clearing holding, was the portfolio's largest contributor as shares gained approximately 47% during the quarter. Elevated market volatility stemming from the Middle East conflict drove exceptional trading and clearing activity, and the stock ground steadily higher after quarterly earnings results. With shares having roughly doubled from their lows and valuation approaching the high end of historical ranges, we trimmed the position into strength while keeping it among our largest holdings. We continue to view it as an unusually durable compounder across market environments."

#group #NASDAQ #market

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Atmus Filtration Technologies Inc. (NYSE:ATMU). Atmus Filtration Technologies Inc. (NYSE:ATMU), a US-based filtration products manufacturer, known for its Fleetguard brand, detracted from the strategy's performance this quarter. On August 31, 2026, Atmus Filtration Technologies Inc. (NYSE:ATMU) closed at $47.23 per share. Filtration Technologies Inc. (NYSE:ATMU) fell 14.31% over the past month while its shares gained 5.47% over the past 52 weeks. Atmus Filtration Technologies Inc. (NYSE:ATMU) has a market capitalization of $3.85 billion with a 52-week trading range between $42.60 - $66.50.
Riverwater Partners Small Cap Strategy stated the following regarding Atmus Filtration Technologies Inc. (NYSE:ATMU) in its Q2 2026 investor letter:
"Atmus Filtration Technologies Inc. (NYSE:ATMU), the engine filtration business spun out of ******* mins (CMI), fell approximately 10% as readthroughs from the freight market turned mixed, with softer commentary on new truck builds and some margin pressure weighing on sentiment. We continue to like the durable, replacement-driven aftermarket core of the business, but we respected the change in tone and trimmed the position back to a standard weight during the quarter."

#strategy #small #quarter

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Warby Parker Inc. (NYSE:WRBY). The Fund exited its position in Warby Parker Inc. (NYSE:WRBY), a leading eyewear brand and retailer that offers eyeglasses and sunglasses, and contact lenses, during the quarter. On August 31, 2026, Warby Parker Inc. (NYSE:WRBY) closed at $24.60 per share. Warby Parker Inc. (NYSE:WRBY) fell 17.78% over the past month while its shares lost 3.72% over the past 52 weeks. Warby Parker Inc. (NYSE:WRBY) has a market capitalization of $3.04 billion with a 52-week trading range between $14.96 - $31.00.
Riverwater Partners Small Cap Strategy stated the following regarding Warby Parker Inc. (NYSE:WRBY) in its Q2 2026 investor letter:
"We also sold Warby Parker Inc. (NYSE:WRBY) and Canada Goose (GOOS) during the quarter as we redeployed capital into the new positions described above. WRBY is a name we like, though we believe a lot of AI hype was built into the stock around the glasses launch. The unveiling of the glasses was somewhat underwhelming and we would potentially underwrite the stock again at lower levels."
Warby Parker Inc. (NYSE:WRBY) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Warby Parker Inc. (NYSE:WRBY) at the end of the second quarter which was 48 in the previous quarter. While we acknowledge the potential of Warby Parker Inc. (NYSE:WRBY) 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

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Why we like this card: With 3% cash back on spending with U.S. online retail purchases (up to $6,000 spent per year), the Blue Cash Everyday from Amex can be valuable for frequent Target shoppers who prefer to shop online. If you max out the category with your Target.com or other online purchases, you could earn $180 in cash back each year, not including the 1% you'll still earn after the max.
That's not all — the same cash-back rate also applies to spending at U.S. supermarkets and gas stations (up to the same $6,000 annual cap), making Blue Cash Everyday a solid choice for everyday spending. In addition to cash rewards, this card has a generous intro APR offer for new purchases and balance transfers, plus ongoing annual credits to help offset your regular spending.
Read our full Amex Blue Cash Everyday Card review
Why we like this card: If you like earning travel rewards, the Capital One Venture's unlimited 2x miles on every purchase can help you maximize your spending at Target and beyond for future travel. Your regular purchases at Target — groceries, electronics, home goods, clothing, pharmacy needs, or anything else — all earn 2x miles. You can use your miles to book travel through Capital One Travel, put them toward a travel purchase already charged to your card, or transfer them to airline and hotel partners.

#card #purchases #back

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Why we like it: The Chase Sapphire Preferred offers great rewards in addition to a solid welcome offer, up to $100 in annual hotel credits when you purchase through Chase Travel℠, and travel protections.
Plus, you can increase your rewards value with the right redemption. Travel transfer partners like Marriott Bonvoy and Southwest Rapid Rewards may be great options for saving on your next Disney trip with 1:1 transfers.
This card is useful beyond your Disney trip, with bonus rewards on a variety of everyday purchases — such as restaurants, streaming (including Disney+), and online groceries. Families can easily use it to accumulate points over time to put toward an annual vacation.
Read our full review of the Chase Sapphire Preferred

#rewards #sapphire #like

RTX Corporation (RTX), headquartered in Arlington, Virginia, provides systems and services for commercial, military, and government customers in the aerospace and defense industries. Valued at $280 billion by market cap, the company offers avionics systems, aviation systems, communications and navigation equipment, interior and exterior aircraft lighting, aircraft seating, environmental control systems, flight control systems, and engine components.
Companies worth $200 billion or more are generally described as "mega-cap stocks," and RTX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the aerospace & defense industry. RTX's strength lies in its diversified portfolio, enabling it to leverage growth across sectors and invest in R&D. Its scale and brand equity in aerospace and defense drive innovation and secure government contracts.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR

#defense

Sunnyvale, California-based Intuitive Surgical, Inc. (ISRG) develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care. Valued at $133.1 billion by market cap, the company offers endoscopes, endoscopic retractors and disectors, scissors, scalpels, forceps, needle holders, electrocautery, ultrasonic cutters, and accessories during surgical procedures.
Companies worth $10 billion or more are generally described as "large-cap stocks," and ISRG definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the medical instruments & supplies industry. Intuitive Surgical excels in robotic-assisted surgery with its gold-standard da Vinci system, backed by strong brand reputation, continuous R&D investment, and comprehensive surgeon training, driving user proficiency and patient outcomes.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR

#intuitive #dear

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
French gases group Air Liquide is getting the activist-investor treatment.
Elliott reportedly built a stake and wants the firm to sharpen margins. Investors liked the idea, sending the shares higher as the market started pricing in a little less patience and a little more pressure.
Elliott's been engaging with the company for months, though the the size of the stake is not known. The message, however, is clear: improve margins and compete harder with the sector's best operators.
Air Liquide is not exactly a wounded minnow. The Paris-based group is worth about €108 billion (about $125 billion) and supplies gases including oxygen, nitrogen and hydrogen to factories, hospitals, semiconductor plants and energy customers. It is one of Europe's major industrial champions. But activists don't usually arrive because everything looks perfect.

#liquide #gases #stake

Mumbai/New Delhi: The future of Rohit Sharma and the shape of India's ODI team for the next World Cup cycle are set to dominate discussions when the BCCI's top brass meets in Mumbai on Thursday for a wide-ranging performance review.

While recent defeats in Ireland, England and Sri Lanka will be ***** sed, board officials are understood to be more concerned about the lack of a clearly defined ODI roadmap at a time when preparations for the 2027 World Cup should be taking shape.

BCCI secretary Devajit Saikia, president Mithun Manhas, head coach Gautam Gambhir, chief selector Ajit Agarkar and Centre of Excellence chief VVS Laxman will attend the meeting, with ODI and Test captain Shubman Gill and T20I skipper Shreyas Iyer also expected to be present.

At the centre of the discussions lies the most sensitive issue facing Indian cricket: Rohit's future. Though there is immense respect for the veteran opener's stature and achievements, selectors and members of the team management are increasingly aware of the need to prepare for a post-Rohit era.

According to sources, one option under consideration is to evaluate Rohit's role on a series-by-series basis rather than committing to a long-term plan through the entire World Cup cycle.

"It's very tough on a young captain like Shubman Gill when there is no clear direction. The dressing-room environment in the ODI team hasn't been the best, especially when it comes to dealing with stalwarts," a BCCI source said.

The uncertainty around Rohit reflects a broader concern. Of India's three national teams, the ODI side is regarded as the least settled. Injuries and workload management have prevented selectors from identifying a stable core, leaving several key positions unresolved.

The fast-bowling allrounder's role remains a particular headache. Hardik Pandya continues on a managed workload programme after recurring fitness issues, while Nitish ***** ar Reddy is yet to receive full clearance following rehabilitation.

"Hardik, at the moment, has been cleared to bowl six overs in a day. Reddy is still to clear his fitness tests. The ODI team doesn't have even half of the core ODI team ready. It has to be a joint effort between the CoE and the team management to zero in on players and formulate a roadmap to get them all on the park as soon as possible," the source said.

The review was initially planned after the Ireland and England tours but was postponed because of the subsequent Sri Lanka ***** ignment. It will now cover India's performances across multiple tours, including Zimbabwe and Sri Lanka.

India's 2-0 T20I series defeat in Ireland and the 4-0 drubbing in England raised alarm bells, with the 125-run loss at Nottingham viewed internally as one of the team's poorest performances in recent years. Gill's ODI side also lost the England series 2-1.

However, officials insist the exercise will focus on solutions rather than ***** igning blame, with particular emphasis on recurri

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Grand Canyon Education, Inc. (NASDAQ:LOPE). Grand Canyon Education, Inc. (NASDAQ:LOPE), a US-based education services company, detracted from performance this quarter. On August 31, 2026, Grand Canyon Education, Inc. (NASDAQ:LOPE) closed at $148.13 per share. Grand Canyon Education, Inc. (NASDAQ:LOPE) fell 1.77% over the past month, and its shares are down 27.09% over the past 52 weeks. Grand Canyon Education, Inc. (NASDAQ:LOPE) has a market capitalization of around $3.86 billion with a 52-week trading range between $134.27 - $223.04.
Riverwater Partners Small Cap Strategy stated the following regarding Grand Canyon Education, Inc. (NASDAQ:LOPE) in its Q2 2026 investor letter:
"Grand Canyon Education, Inc. (NASDAQ:LOPE), the education services provider, declined approximately 16% and was the portfolio's largest detractor. Our investment thesis remains intact; LOPE's steady, profitable, countercyclical enrollment business was simply left behind in a market that rewarded beta and speculation. Enrollment trends and cash generation remain consistent with our expectations, and we continue to hold the position."

#Education #lope #market #partners

You can find wisdom in the most unexpected places. Even watching Michael Scott attempt to run a successful sales team on The Office offers a valuable lesson IDP managers can appreciate. Every offseason, we are searching for trends, evaluating production and asking the same question:
"Who is actually good, and who just looks busy?"
It is a fair question, and one that applies perfectly to IDP fantasy football. The 2025 fantasy football season provided plenty of valuable lessons for defensive player managers. While raw fantasy points tell us who finished as a top producer, the underlying numbers often explain why those players succeeded and which trends could shape future seasons.
From the decline of every-down linebackers to the continued importance of green-dot defenders and tackle efficiency, several themes stood out throughout the year leading up to this offseason and Real IDP Hunter has you covered.
Here are some things that stood out in the 2025 season that should translate into this season.

#season #trends #stood

San Francisco sports fans will luckily not have to rely on their Netflix subscription to see yet another local team's opener this year.
The NFL has advertised its 49ers-Rams game in Melbourne next week, the league's first game in Australia ever, as something you can only watch on Netflix. While that might be true for the majority of the country, local Niners fans will have a free alternative in NBC Bay Area.
"NBC Bay Area will televise Netflix's presentation of 49ers-Rams locally in the Bay Area, with coverage beginning at 4:30 p.m. PT with an NBC Bay Area special anchored in studio by Janelle ******* and Raj Mathai, with live reports from Australia from Anthony Flores," a news release from NBC Universal reads.
This is a result of the league's simulcast rules, which contractually require the league to show a local market's team for free, even if the game is on an exclusive streaming service. This applies to Monday Night Football, Thursday Night Football and now the International Game.
It's a policy that the league is quite proud of. In a news release announcing media distribution agreements through 2033, there's a line that reads "The NFL continues to be the only sports league that delivers all of its games - regular-season and playoffs - on free, over-the-air television."

#area #Rams

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted LeMaitre Vascular, Inc. (NASDAQ:LMAT). LeMaitre Vascular, Inc. (NASDAQ:LMAT) is a medical device company focusing on the manufacturing and development of products and services for vascular surgery. On August 31, 2026, LeMaitre Vascular, Inc. (NASDAQ:LMAT) closed at $80.28 per share.LeMaitre Vascular, Inc. (NASDAQ:LMAT) declined 24.11% in a month and 15.52% over the past 52 weeks. LeMaitre Vascular, Inc. (NASDAQ:LMAT) has a market capitalization of $1.84 billion with a 52-week trading range between $78.27 - 118.01.
Riverwater Partners Small Cap Strategy stated the following regarding LeMaitre Vascular, Inc. (NASDAQ:LMAT) in its Q2 2026 investor letter:
"LeMaitre Vascular, Inc. (NASDAQ:LMAT), our peripheral vascular device holding, declined approximately 12% in a quarter when nearly everything profitable in small cap health care went down and nearly everything speculative went up. The company's niche leadership, pricing power, and consistent execution are unchanged, and we view the weakness as sentiment-driven rather than fundamental."
LeMaitre Vascular, Inc. (NASDAQ:LMAT) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held LeMaitre Vascular, Inc. (NASDAQ:LMAT) at the end of the second quarter which was 26 in the previous quarter. While we acknowledge the potential of LeMaitre Vascular, Inc. (NASDAQ:LMAT) 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 sto

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Oceaneering International, Inc. (NYSE:OII). Oceaneering International, Inc. (NYSE:OII), a subsea engineering and offshore services company that serves the offshore energy, defense, aerospace, and manufacturing industries, was added to the portfolio in the quarter. On August 31, 2026, Oceaneering International, Inc. (NYSE:OII) closed at $51.76 per share. The one-month return of Oceaneering International, Inc. (NYSE:OII) was 2.64% and its shares gained 112.92% over the past 52 weeks. Oceaneering International, Inc. (NYSE:OII) has a market capitalization of $5.15 billion.
Riverwater Partners Small Cap Strategy stated the following regarding Oceaneering International, Inc. (NYSE:OII) in its Q2 2026 investor letter:
"Within energy, we repositioned toward services. We initiated Oceaneering International (OII), a leader in subsea robotics and offshore services, as offshore and subsea capital spending emerges from a seven-year drought and the U.S. rig count climbs; the position was funded in part by our exit of natural gas producer CNX Resources (CNX)."

#small #riverwater #investor #letter

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Werner Enterprises, Inc. (NASDAQ:WERN). The Fund added Werner Enterprises, Inc. (NASDAQ:WERN) which engages in transporting truckload shipments of general commodities in interstate and intrastate commerce, to its portfolio during the quarter. On August 31, 2026, Werner Enterprises, Inc. (NASDAQ:WERN) closed at $39.18 per share. The one-month return of Werner Enterprises, Inc. (NASDAQ:WERN) was 2.27% and its shares gained 37.43% over the past 52 weeks. Werner Enterprises, Inc. (NASDAQ:WERN) has a market capitalization of $2.35 billion with a 52-week trading range between $23.06 to $47.49.
Riverwater Partners Small Cap Strategy stated the following regarding Werner Enterprises, Inc. (NASDAQ:WERN) in its Q2 2026 investor letter:
"Late in the quarter we initiated Werner Enterprises, Inc. (NASDAQ:WERN), one of the largest truckload carriers. A landmark liability ruling now places responsibility for driver safety squarely on carriers with the balance sheets to insure it, a change we believe will force as much as a third of industry capacity, concentrated among small and marginal operators, to consolidate or exit. Large, well-capitalized carriers such as Werner should be the direct beneficiaries through pricing power and share gains. Only two of fifteen covering ****** ysts rated the stock a buy when we purchased it, which is precisely the setup we look for: identifying the inflection before the upgrade cycle begins."

#wern

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Stevanato Group S.p.A. (NYSE:STVN) as a new holding. Stevanato Group S.p.A. (NYSE:STVN) is an Italian company that designs and distributes products and processes that offer integrated solutions for the biopharma and healthcare industries. On August 31, 2026, Stevanato Group S.p.A. (NYSE:STVN) closed at $21.03 per share. Stevanato Group S.p.A. (NYSE:STVN) gained 9.06% in the past month while its shares lost 5.39% over the past 52 weeks. Stevanato Group S.p.A. (NYSE:STVN) has a market capitalization of $5.85 billion and its stock has traded within a 52-week range of $12.89 to $28.00.
Riverwater Partners Small Cap Strategy stated the following regarding Stevanato Group S.p.A. (NYSE:STVN) in its Q2 2026 investor letter:
"In addition, we initiated positions in Stevanato Group S.p.A. (NYSE:STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries. The stock sold off following the launch of oral GLP-1s, which many believe will end the need for injectable forms. Experts believe an expanding GLP-1 TAM, coupled with varying use cases, will necessitate ongoing need for injectable forms. Indeed, 25% of drugs approved in 2025 were biologics which will require injectable devices. This market overreaction offered an attractive entry valuation of 12.5x FY2026E EBITDA vs. STVN's historic multiple of 20X and its nearest comp West Pharmaceutical (WST) at approximately 22–25x."

#stevanato #partners #investor

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted NetScout Systems, Inc. (NASDAQ:NTCT) as a new addition. NetScout Systems, Inc. (NASDAQ:NTCT) provides carrier service ****** urance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions. On August 31, 2026, NetScout Systems, Inc. (NASDAQ:NTCT) closed at $38.83 per share. The one-month return of NetScout Systems, Inc. (NASDAQ:NTCT) was -8.01% and its shares gained 57.59% over the past 52 weeks. NetScout Systems, Inc. (NASDAQ:NTCT) has a market capitalization of $2.82 billion with a 52-week trading range between $24.27 - $45.28.
Riverwater Partners Small Cap Strategy stated the following regarding NetScout Systems, Inc. (NASDAQ:NTCT) in its Q2 2026 investor letter:
"We initiated a position in NetScout Systems, Inc. (NASDAQ:NTCT) in April. Founded in 1984, NetScout Systems, Inc. (NTCT), with a stated mission of "Guardians of A Connected World," has been a technology innovator providing service ****** urance and cybersecurity solutions based on its pioneering deep packet inspection technology at scale. While high-growth competitors trade at significant premiums, NetScout offers a more attractive valuation for what we view as a durable software business with deeply embedded customer relationships among the Fortune 500. Its deep packet inspection technology is increasingly critical as enterprises navigate complex digital transformations, cloud migrations, and a heightened threat landscape. We view NTCT as a disciplined way to gain exposure to secular technology tail

Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted Kaiser Aluminum Corporation (NASDAQ:KALU) as a portfolio addition. Kaiser Aluminum Corporation (NASDAQ:KALU) manufactures and sells semi-fabricated specialty aluminum mill products. On August 31, 2026, Kaiser Aluminum Corporation (NASDAQ:KALU) closed at $158.78 per share. Kaiser Aluminum Corporation (NASDAQ:KALU) fell 9.07% over the past month, while its shares are up 107.53% over the last 52 weeks. Kaiser Aluminum Corporation (NASDAQ:KALU) has a market capitalization of $2.59 billion.
Riverwater Partners Small Cap Strategy stated the following regarding Kaiser Aluminum Corporation (NASDAQ:KALU) in its Q2 2026 investor letter:
"We also purchased Kaiser Aluminum Corporation (NASDAQ:KALU) as roughly two and a half million tons of global aluminum capacity remains offline following the Middle East smelter disruptions, a supply shock we believe supports elevated pricing for well-positioned domestic producers through at least 2027. Also, continued tariffs on aluminum and alumina products will help pricing stay elevated, even if Middle East capacity comes on faster than expected."

#investor

Actor Jacob Batalon and interior designer Veronica Leahov wed on Aug. 26, after legally marrying in private
The couple commemorated their marriage with 56 guests during a three-day destination wedding celebration from Aug. 25–27 at Château de Tourreau in Sarrians, France
Batalon and Leahov met in October 2023 and got engaged in March 2025
Jacob Batalon and Veronica Leahov said "I do" — again!
The actor, 29, and the interior designer, 34, first tied the knot in a private courthouse ceremony and have not shared the date publicly. After Batalon's Spider-Man: Brand New Day global press tour, the newlyweds commemorated their marriage with their families and closest friends during a "timeless, romantic and elegant" three-day wedding celebration in the south of France from Aug. 25–27.

#leahov #private

Following the passing of its legendary founder, Dollywood has revealed its plans for a permanent memorial to honor Dolly Parton,
Eugene Naughton, Dollywood Parks & Resorts President, shared the details in a press release on September 2.
"Many of us had extensive conversations with Dolly through the years about how she would want us to carry her vision forward," explained Naughton. "Dollywood will always be a place where families find fun, kindness, and joy — a place where they can make memories that last a lifetime, just like she would have wanted. We will carry her dreams forward by continuing to grow, welcoming even more guests, and sharing the warmth and hospitality of which she was so proud."
Additionally, Dollywood will construct new "experiences and installations that honor [Parton's] remarkable contributions, enduring values, and love for the people and places of the Great Smoky Mountains." The vision is to give guests "meaningful opportunities to reflect on Dolly's life, her faith, and her influence while experiencing the joy, imagination, and togetherness that have always been at the heart of her vision for Dollywood."
The Sevierville Chamber of Commerce is launching "In Dolly's Footsteps," a walking tour in Tennessee featuring historic markers at places Dolly Parton and her family frequented during her childhood.

#naughton #carry #place

San Antonio Spurs forward Julian Champagnie is returning to the city's Far West Side this weekend for a free meet-and-greet with fans.
Physicians Premier said in a Facebook post that Champagnie will appear at its Potranco location from 10 to 11 a.m. Saturday, Sept. 5.
The event will be held at Physicians Premier ER–Potranco, 12314 Potranco Road, Suite 102, near the intersection of Potranco Road and Grosenbacher Road.
Fans will have the opportunity to meet Champagnie, take photos with him and get an autograph during his hourlong appearance, according to Physicians Premier. The emergency room operator encouraged attendees to bring their families, Spurs gear and cameras.
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#potranco #meet

As Houston Texans receiver Tank Dell continues to work to return from a devastating injury that sidelined him nearly two years ago, what's missing in his recovery, according to Nick Caserio, is the top-end speed that made him such an effective weapon his first two seasons in the league.
Dell was one of the many topics covered by the Texans general manager in his 45-minute appearance Wednesday morning on 95.7 The Fan's "Payne & Pendergast."
Dell, who tore his ACL, MCL, LCL and other ligaments during a game at Kansas City in December 2024, returned for training camp last month, but will open the season on injured reserve, meaning he isn't eligible to return until Week 5 at the earliest.
Caserio said the 5-foot-9, 165-pound receiver has had some "minor setbacks, nothing significant" during his recovery, but was more specific about the man who ran a 4.49 40-yard dash at the combine hoping to return to the speed that made him so successful.
"We all saw what Tank did his first two years in the league and he made a lot of electric plays. Whether or not he can get to that same level of performance, we'll find out," Caserio said. "But overall, he's definitely making progress. I'd say it's more minor tweaks than anything else and I think he'll be able to build his capacity and maybe some of his high-speed, long-distance running and then see if we can get him to 20-21 mph and the running speeds he was running before the injury."

#speed #made #texans

NFL players diagnosed with advanced CTE after death who also demonstrated cognitive impairment in testing during their life still did not meet the requirements for financial compensation under the NFL Concussion Settlement, according to a Boston University study published Wednesday.
Researchers examined 33 NFL players diagnosed with CTE after an autopsy who had completed the baseline ****** sment program (BAP) stipulated by the 2014 settlement – that ended a years-long class-action lawsuit – in what researchers called the largest study to date linking cognitive testing performance during life with CTE confirmed posthumously.
The results, published in JAMA Network Open, found that seven participants had advanced (Stage 3 or 4) CTE. Six of those seven showed measurable cognitive impairment on testing, yet all seven received the lowest impairment rating (Level 0) on the BAP's system, according to documentation provided to researchers by players' families.
"The BAP's diagnostic criteria might miss cases of cognitive impairment that are objectively measurable and ****** ociated with confirmed CTE pathology," Michael Alosco, PhD, co-director of clinical research at the BU CTE Center said in a statement. "This has important implications for former players seeking diagnosis and potential compensation through the NFL Concussion Settlement."
The participants' average age at the time of testing was 63, and their average age of death was 65. The most-common problem was memory, particularly short-term, with 63% of the participants affected. Executive function (52%) and language (41%) were other common impairments.

#cognitive #testing #settlement #participants

Sep. 2—EAST GRAND FORKS — Emma Pieper will enter her junior season at East Grand Forks Senior High with her college decision already made.
The 5-foot-5 Green Wave goaltender committed to Bemidji State over the weekend.
"It's like a relief off my shoulders," Pieper said. "It normally takes longer for goalies, so it was really nice to get all of that done before my junior year so there's no stress the rest of the year."
Four colleges reached out to Pieper, but the campus and coaching staff made the Beavers stand out.
"Their campus is super pretty," Pieper said. "It's on the lake, it's smaller. And their culture is really good, they're all close together. I really like how their coaching staff just meshes together, and they're always upfront with communication."

#really

The Golden State Warriors' reported pursuit of Jaren Jackson Jr. before last season's trade deadline just shows how aggressive, or, to be kind of unfair, how increasingly desperate the team has been trying to build one more contender around Stephen Curry.
According to ESPN's Anthony Slater, the Warriors did try to look at a potential Jaren Jackson Jr. move before the Memphis Grizzlies eventually traded him to the Utah Jazz.
On paper, the interest did make sense. Jackson is a former Defensive Player of the Year, two-time All-Star, and still only 26 years old.
But his four-year, $204 million extension was yet to kick in, and that is a massive financial commitment, especially for a player who is not seen as a top-25 player in this league.
That is why this makes Golden State's interest so revealing.

#year

Reddit (NYSE: RDDT)'s data licensing deals with Alphabet Inc. (NASDAQ:GOOGL)'s Google and OpenAI are set to expire next year, and Wall Street simply can't decide whether these deals are a windfall or a warning sign.
On September 2, Baird ***** yst Colin Sebastian reiterated a Neutral rating and $185.00 price target on the stock. The note implies the next big test for Reddit: deciding whether its massive archive of human conversations are still of use to artificial intelligence companies.
According to the firm's ***** sment, the current share price reflects an outcome near the firm's low-end case scenario.
Reddit made a 2024 Google deal that lets Google use its posts to train and power its AI models. Reportedly worth $60 million a year, the deal is set to expire after which Reddit may reportedly choose to block Google's AI from using its content. A similar deal between Reddit and OpenAI estimated around $70 million is also set to expire soon.
Some other publishers such as USA Today, Reuters, Politico are also re-evaluating whether to let Google crawl their pages as AI summaries reduce referral traffic.

#openai #next

Brookfield and Bloom Energy have dramatically enlarged their wager on data-center electricity. On June 30, Brookfield **** et Management Ltd. (NYSE:BAM) and Bloom Energy Corporation (NYSE:BE) expanded an AI infrastructure framework from $5 billion to as much as $25 billion. Brookfield can finance eligible deployments through its investment vehicles, while Bloom can supply fuel-cell systems that generate power near the customer. The arrangement attacks a genuine bottleneck, but its impressive ceiling is not the same thing as committed revenue.
A Bloom Energy power generation system. Photo from Bloom Energy website
Bloom Energy Corporation (NYSE:BE) offers speed. Its systems can be installed on-site, reducing dependence on slow transmission projects and helping data centers obtain reliable power sooner. If AI demand keeps outrunning the grid, the company can turn its manufacturing platform into a central infrastructure solution. The bear case is execution at unprecedented scale. Equipment costs, fuel availability, service obligations, and project-specific economics will determine whether deployments create durable margins rather than merely large order headlines.
Brookfield **** et Management Ltd. (NYSE:BAM) brings capital formation and **** et expertise. It can choose projects, structure financing, and earn fees without manufacturing the equipment itself. A $25 billion framework expands the universe of potential **** ets and gives Brookfield access to long-lived infrastructure demand. However, capital is deployed only when projects meet contracts and underwriting criteria. Brookfield still bears financing, construction, counterparty, and **** et-performance risks through participating vehicles.
The partnership works because each side absorbs a different part of the problem. Bloom supplies technology and accepts manufacturing and performance risk. Brookfield organizes capital and accepts underwriting risk. Customers must still sign viable contracts. Investors should therefore resist adding the framework ceiling to either company's backlog. The opportunity becomes valuable one approved project at a time, with disciplined underwriting and execution.

#bloom

By Johann M Cherian and Niket Nishant
Sept 2 (Reuters) - Everyone knows Wall Street calls a 20% drop in a major index a bear market. But what do you call it when the index posts big gains and losses practically every day and is still way up ‌for the year?
That question is testing the limits of the market's most familiar vocabulary and prompting some to question whether a term like bear market ‌really applies when tech indexes are red hot and constantly gyrating.
"It's kind of lazy nomenclature to be using on things that are that volatile," said Art Hogan, chief market strategist at B. Riley Wealth.
The Philadelphia SE Semiconductor Index, a benchmark for chip stocks, and South Korea's tech-heavy KOSPI both entered bear markets in July, based on the traditional measure. But even at their troughs, the indexes were still up 46% and 25%, respectively, for the year, thanks to triple-digit percentage gains over the past year.

#bear #Tech

As Big Tech continues to spend aggressively on artificial intelligence, one Wall Street firm believes there is a clear winner when it comes to return on invested capital (ROIC). On August 31, Piper Sandler reiterated an Overweight rating on Amazon (NASDAQ:AMZN) with a $320.00 price target.
According to the firm, AMZN's return on invested capital is holding up far better than giants Meta Platforms, Inc. (NASDAQ: META) and Alphabet Inc. (NASDAQ:GOOGL). Interestingly, the firm projects this ROIC figure to fall from about 17% in 2018-2025 to about 14% in 2026.
Piper's note states the obvious: Amazon spending is more focused on AWS. Revenue for AWS jumped 37% year-over-year to $42.2 billion in Q2, the fastest growth it has had in four years. Meanwhile, AWS contract backlogs at the end of the quarter stood at $496 billion, up from $364 billion in the prior three-month period.
The bull case for Amazon lies in its ROIC, the figure Piper sees deteriorating the least amongst Meta, Alphabet, and Amazon. The note affirms that Amazon is the best-positioned amongst the three, and that its ROIC is the most consistent.
The company-specific ROIC trends generally match management commentary on ROIC, the note stated.

#piper