Bengaluru: For Tilak Varma, the number next to his name on the team sheet matters far less than the one on the scoreboard at the end of the match.

The India T20I vice-captain has seen his role evolve considerably in recent months, moving from the top order to the finisher's role as the team continues to fine-tune its combinations. While adapting to different batting positions is rarely straightforward, the 23-year-old has embraced the challenge and put the team's needs ahead of personal preference.

Having begun his T20I career near the top of the order, Tilak now often finds himself walking in at No. 5 or 6. With Sanju Samson and Abhishek Sharma opening, Ishan Kishan firmly established at No. 3 and skipper Shreyas Iyer occupying the next slot, opportunities higher up the order have become limited.

Rather than viewing it as a setback, Tilak sees it as another responsibility to master.

"Ishan is batting brilliantly at No. 3. So, for me, there is no option but to bat at 5 and 6 and do the job for the team. I am mentally prepared for that role and in the last few games, I have won matches from there. So, I am pretty confident," Tilak said after the rain-hit series decider against the West Indies in Bengaluru on Saturday.

The left-hander admitted that the transition from a top-order batter to a finisher has not been without its challenges.

"It's not easy to change from No. 3 to No. 5 or 6. It is slightly challenging. But I have been working on how I can finish games, and I love finishing games for the country," he said.

The demands of batting in the lower middle order are vastly different from those of a top-order role. There is little time to settle in, and the emphasis is on making an immediate impact rather than constructing an innings. Tilak said he has consciously altered his preparation to meet those demands.

"I have been working on it in the nets. Otherwise, it becomes tough. When you go in as a finisher and a slower ball comes into your arc, you need to be ready to hit it for six. In T20 cricket, if you bat at No. 5 or 6, you generally get only five or six overs, so I have had to change my approach."

Fortunately for Tilak, batting down the order is not entirely new territory.

"I batted lower down the order in my childhood as well. I have shots all around the ground and I am confident in my ability to adapt. Whether it is No. 3 or No. 5, I believe I have the technique to fit into any role for the team if I prepare well," he said.

#tilak #t20i

As a Newcastle United fan, before a ball was kicked this season would you have settled for finishing above Manchester United, Aston Villa, Spurs and Sunderland after the 38th round of 2026/27 Premier League matches are completed?
On Monday morning these are four of the nine Premier League clubs occupying positions 12th to 20th in the table.
In 27 attempts between Manchester United, Aston Villa, Spurs and Sunderland so far this season, they have won four of the 27 Premier League matches. Indeed, one of their four collective victories was Villa winning at Tottenham.
Newcastle United are currently ahead of all four of these teams in the Premier League table, plus another five.
If how the Premier League table looks now (see below), was still the same after the final matches in May 2027, then I am guessing most Newcastle fans would be currently settling for that. Right?

#united #four #manchester

Several world-famous celebs gathered for the Louis Vuitton Spring/Summer 2027 show during Paris Fashion Week. Among the stars in Paris was Zendaya, who not only turned heads with her look but also made headlines for a brief interaction she had with Brigitte Macron, the First Lady of France.
In a video shared by Alexandre Maras, editor-in-chief of Paris Match, you can see the exact moment Brigitte Macron walks over to greet the Dune actress. During this brief encounter in the Cour Carrée of the Louvre Museum, 30-year-old Zendaya remained seated. The president's wife leaned in slightly to shake the actress's hand. The Euphoria star returned the gesture, shook her hand, and said it was a pleasure to meet her.
Moments before 73-year-old Brigitte Macron approached Zendaya, Bernard Arnault, CEO of the luxury group LVMH, had also greeted the actress. The executive leads the luxury conglomerate that brings together more than 75 internationally renowned brands, such as Louis Vuitton, Christian Dior, Fendi, Celine, Loewe, Givenchy, Marc Jacobs, Kenzo, among others.
Bernard Arnault and Zendaya at the Louis Vuitton fashion show (@ WWD via Getty Images)
Zendaya behaved the same way with Arnault; she greeted him, shook his hand, and stayed in her seat. Debate quickly erupted on social media. Some argued that the actress should have stood up out of courtesy and greeted them both on her feet—first, because of their positions as First Lady and top executive, and second, because they are older.

#louis

During the second quarter, Pershing Square Capital Management, the hedge fund firm founded by Bill Ackman, initiated positions in Visa (NYSE: V) and Mastercard (NYSE: MA). While their share prices have appreciated in recent months, these businesses traded at attractive valuations at purchase.
Here are three reasons the billionaire investor is bullish on these two S&P 500 stocks.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Ackman's firm believes these are two of the highest-quality businesses on Earth. There are three notable factors supporting this view.
Visa and Mastercard, which connect consumers, merchants, and banks around the world, have developed robust network effects. This makes their platforms almost impossible to disrupt.

#pershing

SPY trades up 14% year-to-date near $778, yet Burry calls the market in denial, which he views as the first stage before a 2000 or 2008-style collapse.
Burry's last known positions were puts on NVDA and PLTR, disclosed in November 2025, before he shut down Scion and stopped filing with the SEC.
Burry's denial stage has already started, and given his nine-month ceiling, the next phase could arrive within 270 days, possibly much sooner.
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Michael Burry posted a two-sentence market call on X early Tuesday, and unlike most market warnings that lack a timeline, this one gives a duration.

#stage #november

Michael Burry continues his downbeat view of the market with bearish positions against top tech names like Nvidia and Palantir.

#bearish

Former "GMA3" co-anchors Amy Robach and T.J. Holmes are one step closer to becoming life partners as the couple has reportedly obtained a marriage license in Washington County, Arkansas.
They officially applied for the license about a year after they announced their engagement and over three years after their workplace romance got them fired from their positions at ABC.
Amy Robach and T.J. Holmes first made headlines after they were revealed to be having an affair while they were still married to other people who have since found happiness in each other, according to recent reports.
ZUMAPRESS.com / MEGA
TMZ reported that Robach and Holmes applied for the marriage license on September 18 in Arkansas, where Holmes was born, and the couple is reportedly making wedding plans there.

#holmes #arkansas #reportedly #former

More than a year ago, Amy Robach and T.J. Holmes got engaged, taking the next step in their relationship that began while they were both going through divorces in 2022. Since Holmes popped the question, a few details about the couple's big day have been revealed, but they've been keeping tight-lipped about most of the details.
Robach and Holmes' relationship began while they were cohosts on GMA3: What You Need to Know. Although they were let go from their positions at ABC after their romance went public, they've been thriving in the years since.
Scroll down for everything we know about Robach and Holmes' upcoming wedding.
While Robach and Holmes have not publicly disclosed the date of their wedding, they did apply for a marriage license on September 18, the Washington County Clerk confirmed to TMZ on October 2. That means the big day is likely around the corner!
In May 2026, the pair revealed on the Bill and Giuliana podcast that they had set a date. Holmes was the first to confirm that there is a wedding date, which prompted Robach to ask, "Are you OK with that date? I had a date that I really wanted. You're just telling me now on the podcast that you're OK with that date?"

#holmes #wedding #since

On September 8, 2026, Reuters reported that ASML Holding N.V. (NASDAQ:ASML) plans to work with major customers. It includes Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Nvidia, Intel, Samsung, and SK Hynix to adapt its next-generation "High NA" extreme ultraviolet lithography tools so they can print larger data-center chips. It addresses a current limitation where the newer machines use a smaller mask than ASML's widely deployed standard EUV tools.
ASML targets a pilot production line using the larger masks by 2031 and high-volume manufacturing readiness by 2033. Chief technology officer Marco Pieters said these changes could lift the productivity of these systems by roughly 40%.
The larger-mask project could create a new growth opportunity for ASML Holding N.V. (NASDAQ:ASML) while helping TSMC manufacture larger AI chips more efficiently. ASML plans to use its High NA EUV tools to handle chips as large as today's biggest data-center processors. The business expects the larger masks to increase system productivity by 40%. It could scale up demand for its next-generation equipment and help TSMC improve the economics of producing increasingly large and complex chips.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s planned use gives ASML a clear path toward commercializing the technology. TSMC plans to introduce High NA EUV into advanced-node high-volume production from 2030. ASML aims to show its larger-mask technology through a pilot line in 2031. TSMC's commitment could give ASML greater visibility into future equipment demand. Early use could help TSMC maintain its advanced-chip manufacturing advantage.
The collaboration could solidify both companies' positions as chipmakers develop larger and more powerful processors. ASML can extend its High NA roadmap beyond its current chip-size limitation. TSMC can prepare its manufacturing processes for the next generation of AI chips. The partnership gives ASML an opportunity to deepen its relationship with one of its largest customers and gives TSMC access to a technology that could support future advanced-chip production.

#asml #technology #plans #next

On September 9, 2026, Reuters reported that AI music startup Suno launched a new suite of models, including its flagship v6 and exploratory v6-Wild, built in partnership with Warner Music Group Corp. (NASDAQ:WMG) and BMG. It lets users make new music inspired by licensed recordings from participating artists. The launch follows Warner Music's copyright lawsuit settlement with Suno in November 2025, under which artists and songwriters can opt in to have their names, voices, and compositions used in AI-generated music in exchange for compensation.
Warner Music Group Corp. (NASDAQ:WMG) can turn the Suno litigation dispute into a new licensing revenue opportunity. Suno has now launched its v6 models in partnership with Warner Music and BMG. It allows users to make music inspired by licensed works from participating artists. Warner previously sued Suno over copyright issues before reaching a licensing agreement. This gives the label a direct path to monetize AI-generated music rather than relying solely on litigation. The deal could create a new revenue stream as consumers increasingly adopt AI music tools.
Warner enters the AI-music market from a position of financial strength. The firm reported fiscal third-quarter revenue of $5.44 billion, up 9% year over year. Adjusted OIBDA increased 16% to $433 million, and its adjusted OIBDA margin expanded to 23.2%. Warner also said it had met or exceeded its financial targets for five consecutive quarters. That basic growth gives the company greater flexibility to invest in AI initiatives while using licensing agreements to add another potential growth driver to its existing streaming and publishing businesses.
Warner could help establish a more sustainable commercial model for AI-generated music. Suno said future products will include opt-in experiences that allow individual artists to participate and receive payment when users generate music around them. So Warner has an opportunity to help shape licensing and compensation practices as Spotify and other platforms develop their own AI-music products. If the industry increasingly adopts licensed models, Warner's large catalog and relationships with artists could solidify its negotiating position and create recurring AI-related revenue.
Suno's new licensing model does not eliminate the overall legal risks surrounding AI music. Warner Music Group Corp. (NASDAQ:WMG) has reached an agreement with Suno, but other copyright owners are challenging the firm's technology. Independent publisher Round Hill sued Suno in August, alleging that the company used copyrighted songs to train its AI system. Suno also faces separate litigation from Universal Music Group and Sony Music. Hence, lawsuits could increase legal costs and create uncertainty over the licensing framework that Warner hopes to monetize.

#music #licensing #corp #revenue

Though it's down by 33% over the last five years, Ethereum (CRYPTO: ETH) climbed from about $130 in early 2020 to over $4,800 in early November 2021, which would have been sufficient to turn an investment of $27,000 into about $1 million. It's natural for investors to wonder if another historic run is in the cards for the coin, given that it's more widely known now than it was then.
Today, with a market cap of $292 billion as of Sept. 15, Ethereum can still grow your wealth substantially, but it probably won't be a millionaire maker for those with small positions anytime soon. Let's first look at the math to see why, then examine its upcoming catalysts.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Ethereum isn't going to be a millionaire-maker investment from here, even if you're willing to pony up a lot more capital than most investors have on hand or are willing to allocate to a lottery ticket, and even if it becomes the next cryptocurrency to explode.
Turning $10,000 into $1 million requires a 100x gain, which would boost Ethereum's market cap to $29.2 trillion.

#even

On September 14, NextEra Energy, Inc. (NYSE:NEE) and Dominion Energy, Inc. (NYSE:D) announced a "transformational" Virginia benefits package to address concerns regarding their proposed $66.8 billion merger. The Virginia supplier program, worth up to $1 billion annually ‌for five years, will direct spending toward contractors, suppliers, and service providers in the state.
Additionally, the companies also proposed doubling residential bill credits to four years, protecting retail customers from grid costs tied to Northern Virginia's rapidly expanding AI data centers, and committing $100 million toward directly supporting workforce development in the Commonwealth. NextEra also stated that it plans to add 600 new energy jobs in Virginia, while expecting suppliers to create another 400 positions.
The updated package comes after the proposed merger attracted a great deal of political scrutiny due to the impact it can have on everyday consumers. Virginia Governor Abigail Spanberger also stated last month that she would formally intervene in the regulatory review to press for commitments on electric bill affordability, job protections, and clean-energy investments.
John Ketchum, Chairman, President, and CEO of NextEra Energy, commented:
"This is a Virginia-first package, and it starts with customers. We are proposing to double residential bill relief from two years to four years, along with expanded low-income financial ******* istance and long-term affordability benefits. We are also reaffirming our support for the State Corporation Commission, Governor and General ******* embly's efforts to protect residential and small business customers from costs ******* ociated with serving data centers. Just as important, this package would help Virginia build more of the clean energy and infrastructure it needs faster, so the Commonwealth can reduce its reliance on expensive imported power. And it would do that while positioning Virginia as a major energy leader, bringing NextEra Energy jobs, good-paying supplier jobs, workforce investment, economic development and national-scale energy technology and innovation to Virginia. This is the kind of customer-focused, job-creating package this combination makes possible."

#energy #years #Jobs

Coinbase Global (NASDAQ: $COIN) has filed for regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks, opening the door to 24/7 leveraged trading of shares such as Apple, Microsoft, Tesla and Nvidia on a regulated U.S. platform.
The exchange plans to offer contracts linked to roughly 50 to 60 major stocks, with trading potentially starting later this year if regulators approve the products, according to The Wall Street Journal.
Perpetual futures, commonly known as perps, are derivatives that do not have an expiration date. Traders can keep positions open indefinitely, while leverage can magnify both gains and losses.
More From Cryptoprowl:
U.S. Regulators Push Crypto Rules As Clarity Act Stalls

#perpetual #global #coin

Celsius Holdings (NASDAQ: CELH) has had a rough year. The energy drink brand has plunged by almost 40% this year, but key insiders have been buying the dip. Celsius' CEO and two of its directors have poured almost $2 million into the stock this month.
When insiders buy the stock, it's often a good sign. The people with the most knowledge about the company are building their positions, but that hasn't always worked out for investors. Here's what you should know before joining Celsius' executives with their recent buys.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Although it's good to see executives put their skin in the game, it doesn't always translate into a higher stock price. For instance, Nike CEO Elliott Hill bought more than $2 million worth of Nike shares on April 13. Former Apple CEO Tim Cook made a similar investment in the beleaguered athletic apparel brand at the same time.
Nike shares have dropped by more than 15% since Hill invested more money. The athletic brand pitches itself as a "growth company" on its investor relations site, even though sales dropped 1% year over year in the fourth quarter of fiscal 2026.

#celsius #almost

Bitcoin's most violent rally of its two-year drawdown wasn't powered by fresh bullish bets. It was powered by bears getting crushed, according to a new report from ******* ytics firm Glassnode and crypto exchange Bybit.
Over five days in August, Bitcoin climbed 24.6% even as coin-denominated open interest, a measure of active leverage, fell 12.6%, the report found. That combination is the tell: rather than traders piling into new long positions, the move ran on the forced unwinding of existing shorts.
Roughly 64,000 BTC worth of open interest was closed out, and short positions supplied 89% of every liquidated dollar during the stretch.
The options market told the same story. Puts, the contracts traders buy to protect against a fall, had priced richer than calls for 361 straight days. A single session ended that run, flipping roughly a year of downside positioning as the market scrambled to reprice.
Bybit's own volatility index traveled four times its normal daily range in one session, and the front of the futures curve repriced sharply while longer-dated contracts barely moved, a sign the market read the move as a one-off event rather than a lasting regime change.

#interest

Zcash (ZEC) has climbed 177.8% in a month, and the traders betting against it are paying for that move.
One short was closed at a $10.68 million loss this week, and the largest position still open sits $33.87 million underwater on Hyperliquid.
Lookonchain flagged the closed trade before the exit, citing 26 consecutive wins and an 89% rate across 47 trades. That record had produced more than $9 million in profit.
The short covered 12,285 ZEC and was worth $18.31 million earlier, with liquidation set at $1,550.66. Hyperliquid data shows the account now holds no positions at all.
Garrett Jin holds the largest short still open, covering 37,999 ZEC worth $59.37 million. He built the position at an average price of $671.05, so it now shows an unrealized loss of $33.87 million.

#million #open

XRP serves three live functions: cross-currency payment settlement, collateral at Ripple Prime, and streaming payments for AI software agents via Stripe's Machine Payments Protocol.
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.

#payment #live #settlement #Streaming

An anonymous trader known only by their wallet address 0x3bca had their $7.19 million short position on the S&P 500 fully liquidated on Hyperliquid as the broader market rebounded on Wednesday. The liquidation was tracked via onchain data on Hypurrscan.
A short position is a trade that profits when an ***** et's price falls. The trader was betting the S&P 500 would decline, and when it moved in the opposite direction, the position was forcibly closed at a loss.
Related: Kevin O'Leary has a warning on Washington's tax plans
Liquidation happens when a leveraged trade moves far enough against the trader that the exchange automatically closes it to prevent further losses. Hyperliquid is a decentralized exchange that lets users trade perpetual contracts, derivatives that track an ***** et's price without an expiration date, on crypto, equities and commodities.
The Hypurrscan data shows the wallet held a total portfolio value of roughly $7.85 million at the time, with exposure to S&P 500, XYZ100, BTC and gold contracts. The transaction history reveals a flurry of activity in the seconds surrounding the liquidation, including multiple "Close Long" orders on Robinhood stock (xyz:HOOD) at $109.48 and fresh "Open Long" positions on BTC at approximately $76,568.

#trader #position #hyperliquid #short

While he stepped down as CEO of Berkshire Hathaway at the end of last year, Warren Buffett's wealth, and thus his portfolio, is still tied to the conglomerate and its stock portfolio. On that end, Berkshire's top-three positions -- consisting of Apple (NASDAQ: AAPL), American Express (NYSE: AXP), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) (Nasdaq) -- make up more than half of its equity portfolio.
All three are strong compounding businesses with wide moats, but which looks like the best of the group to buy today? Let's take a look at each.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Apple is Berkshire's largest holding, making up about 22% of its portfolio. The stock is a Buffett favorite because it has one of the best compounding business models out there.
Apple, of course, is best known for its iPhone and other devices. Smartphones and computers tend to have very predictable replacement cycles, which creates an almost recurring type of revenue stream for the company. However, the beauty of the business stems from its closed-garden ecosystem that helps lock in consumers, from which it then collects high-margin service revenue. This revenue comes from a variety of sources, including a search revenue-sharing deal with Alphabet, commissions on app downloads, Apple Pay, and subscriptions for things like cloud storage.

#NASDAQ #revenue #best #alphabet

During market uncertainty, cautious investors may feel compelled to sell everything while they wait for the dust to settle. But Ross Gerber believes that, to paraphrase Rudyard Kipling, if you can keep your head when everyone else is losing theirs, you'll reap even bigger rewards.
The Gerber Kawasaki CEO says that while inflation, higher bond yields, oil prices, and Federal Reserve rate hikes can pressure stocks, he does not think investors should abandon equities wholesale. Instead, he advocates for a more defensive approach.
He recommends investors trim holdings with valuations that look stretched relative to their growth, build reserves in cash and short-duration fixed income **** ets, and keep long-term positions in companies that he believes still have strong earnings support, such as Nvidia.
And for investors trying to navigate an environment where corporate earnings remain strong while macroeconomic risks pressure stock valuations, that distinction matters. Gerber's framework is less about calling the market's next move than deciding which risks a portfolio can absorb—and which positions still deserve capital.
Here is a closer look at Gerber's defensive-focused strategy.

#gerber #pressure #still

Warren Buffett may no longer be CEO of Berkshire Hathaway, but he's not likely to soon be forgotten.
He remains executive chair of the company, and the lessons he taught his employees and the rest of the world will surely last for generations. Buffett also left his mark on Berkshire Hathaway's massive stock portfolio, which is valued today at roughly $363 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Under his leadership, the conglomerate initiated positions in a number of stocks that could remain in the portfolio for decades. Two of those stakes alone now earn the company roughly $1.44 billion in combined annual dividends.
The iconic consumer beverage company is the longest-held stock position in Berkshire's portfolio.

#flashing

Become a CEO after your MBA: that's the promise some private equity firms are using to recruit top operating talent.
This promise propels the best and brightest into top executive roles without requiring them to climb the corporate ladder, underpinned by the belief that cultivating talent is a better bet than making semi-blind bets on external hires.
Alpine Investors and Shore Capital Partners have each built separate pipelines to funnel operational talent, aiming to equip executives to take charge of their portfolio companies.
Lower-middle-market buyout firm Shore Capital Partners runs what it calls its CXO program, a two-year training scheme that places early- to mid-career talent and recent MBA grads into C-suite-adjacent roles at its portfolio companies—typically chief of staff or vice president of business operations or strategic initiatives.
Top-performing CXO graduates then have the chance to be promoted to C-level positions. So far, Shore has produced four CEOs from the CXO program. This includes Mark Larsen, who has been CEO of medical software business Connexure since 2024.

#Companies

Every time Silicon Valley's biggest names line up behind a single message, someone eventually asks who benefits from such universal agreement. This time, that someone was the investor best known for calling the housing crash before almost anyone else saw it coming.
Michael Burry has spent the past year building a reputation as one of the AI industry's loudest skeptics. His latest target is not a stock but a story. When three of the sector's most powerful executives suddenly agreed the technology needed to slow down, Burry saw the timing as less about caution and more like a self-serving pitch.
Burry has spent much of 2026 building short positions against companies tied to the AI trade, disclosing bets against Nvidia, Tesla, Micron, Applied Materials, Caterpillar and a leading semiconductor ETF, according to TheStreet.
On September 14, Burry published a post on X and on his Substack, Cassandra Unchained, arguing that people should take a moment to understand how self-serving it is for OpenAI, Anthropic and other big hyperscaler executives to talk about slowing things down. The post circulated quickly across financial media, Yahoo Finance reported.
Related: Michael Burry doubles down on his surprising AI bet

#michael #time #someone

The name "351 Exchange" comes from Section 351 of the Internal Revenue Code ("IRC"). Section 351 permits a person to contribute appreciated property in exchange for shares of a newly formed corporation without recognizing a taxable event at the time of transfer, if certain rules are met.
In this application, the property being contributed is shares of stock or ETFs, in exchange for shares of a newly formed corporation, a new ETF.
To qualify, here are a few rules:
1) The contributor must be an eligible participant. In short, most can participate, but C corporations can cause issues, so they are generally excluded.
2) Each contributor must contribute a diversified portfolio. Diversification is defined by the IRS with two tests applied to each contributor's portfolio: Of the contributed portfolio, (1) the weight of the largest position must be no more than 25%, and (2) the sum of the weights of the top 5 positions must be no more than 50%.

#exchange #shares #section #contribute

Manju Boraiah, Senior PM and Head of Systematic Fixed Income at Allspring Global Investment, reacts to Wednesday's Fed rate decision saying fundamentally, 'we needed the hike.' He also discusses how investors can break out from frozen positions, arguing that trillions of dollars of wealth is sitting in concentrated positions that are being held back by tax bills, and offers a possible solution to move toward diversification.

#manju #systematic

Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Sandisk Corporation (NASDAQ:SNDK) as a newly added position. Sandisk Corporation (NASDAQ:SNDK) develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States and internationally. On September 15, 2026, Sandisk Corporation (NASDAQ:SNDK) closed at $1,530.90 per share. Over the past month, Sandisk Corporation (NASDAQ:SNDK) declined 2.32%, but its shares are up 1,530.74% over the past year. Sandisk Corporation (NASDAQ:SNDK) has a market capitalization of $224.15 billion, and its stock has traded within a 52-week range of $90.22 to $2,354.39.
Parnassus Growth Equity Fund stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its Q2 2026 investor letter:
"Other positions added during the quarter included Sandisk Corporation (NASDAQ:SNDK), a leader in flash memory solutions; Comfort Systems, a mechanical, electrical and plumbing contractor. Sandisk makes NAND flash memory, which is seeing a surge in demand from data centers and AI workloads. While NAND remains cyclical, we believe the combination of accelerating AI-driven storage demand and constrained supply provides an attractive opportunity to participate in the current upcycle."
Sandisk Corporation (NASDAQ:SNDK) is on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 128 hedge fund portfolios held Sandisk Corporation (NASDAQ:SNDK) at the end of the second quarter which was 114 in the previous quarter. While we acknowledge the potential of Sandisk Corporation (NASDAQ:SNDK) 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 fre

Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Comfort Systems USA, Inc. (NYSE:FIX) as a new position. Comfort Systems USA, Inc. (NYSE:FIX) is a leading mechanical and electrical installation, renovation, maintenance, repair, and replacement services provider to commercial, industrial, and institutional customers. On September 15, 2026, Comfort Systems USA, Inc. (NYSE:FIX) closed at $1,576.78 per share. Over the past month, Comfort Systems USA, Inc. (NYSE:FIX) declined 5.15% and its shares gained 110.86% over the past 52 weeks. Comfort Systems USA, Inc. (NYSE:FIX) has a market capitalization of $55.49 billion.
Parnassus Growth Equity Fund stated the following regarding Comfort Systems USA, Inc. (NYSE:FIX) in its Q2 2026 investor letter:
"Other positions added during the quarter included Comfort Systems, a mechanical, electrical and plumbing contractor. Comfort Systems USA, Inc. (NYSE:FIX) is a mechanical, electrical and plumbing contractor that provides the skilled labor that's essential for building increasingly complex data centers, where demand continues to accelerate alongside AI investment."
Comfort Systems USA, Inc. (NYSE:FIX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 83 hedge fund portfolios held Comfort Systems USA, Inc. (NYSE:FIX) at the end of the second quarter which was 80 in the previous quarter. While we acknowledge the potential of Comfort Systems USA, Inc. (NYSE:FIX) 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-term AI stock.

#systems #parnassus

Weitz Investment Management, an investment management firm, released its second-quarter Q2 2026 investor letter for the "Multi Cap Equity Fund". The letter can be downloaded here. The Multi Cap Equity Fund's Institutional Class returned 7.90% in Q2, underperforming the Bloomberg U.S. 3000 Index's 15.71% gain. Markets rose in the quarter on hopes of de-escalating Middle East tensions and easing oil flow. Investor focus shifted back to artificial intelligence, despite component shortages like processing chips affecting profits and valuations. Valuation-sensitive investors are selective within the AI sector, in contrast to valuation-agnostic indexes that adopt a more relaxed strategy. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Weitz Multi Cap Equity Fund highlighted Netflix, Inc. (NASDAQ:NFLX) as a newly added postion. Netflix, Inc. (NASDAQ:NFLX) is a leading subscription-based streaming entertainment platform. On September 15, 2026, Netflix, Inc. (NASDAQ:NFLX) closed at $77.90 per share, reflecting a market capitalization of $324.37 billion. Netflix, Inc. (NASDAQ:NFLX) posted a one‑month return of -2.89%, while its shares lost 36.59% over the past 52 weeks.
Weitz Multi Cap Equity Fund stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q2 2026 investor letter:
"We initiated two new positions during the second quarter. Most will be familiar with global streaming giant, Netflix, Inc. (NASDAQ:NFLX). The company made headlines as it tried to acquire Warner Bros. from Warner Bros. Discovery before ultimately walking away from a bidding war for the company. Some investors feared its bid signaled stagnation in its streaming business. At the time of this writing, the 2026 FIFA World Cup is also captivating audiences and draining attention and engagement from Netflix's service. Despite these near-term perception headwinds, we are optimistic that Netflix's introduction of an ad-supported tier is a savvy strategy to extend its growth runway: Netflix will not only participate in the large, multi-billion-dollar global advertising market, but a lower-price ad-tier broadens its potential customer base while simultaneously enhancing the pricing power of its premium, ad free tier."
Netflix, Inc. (NASDAQ:NFLX) ranks 13 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 121 hedge fund portfolios held Netflix, Inc. (NASDAQ:NFLX) at the end of the second quarter, down from 144 in the previous quarter. While we acknowledge the potential of Netflix, Inc. (NASDAQ:NFLX) 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-term AI stock.

#second

Wasatch Global Investors, an **** et management company, released its "Long/Short Alpha Fund" Q2 2026 investor letter. The letter can be downloaded here. Small- and mid-cap growth stocks posted significant gains in Q2, led primarily by AI-related companies. The Russell 2500 Index rose 20.26%, while the Wasatch Long/Short Alpha Fund—Investor Class increased by 8.29%. However, the fund faced challenges due to the outperformance of lower-quality companies, which negatively impacted its long positions. Despite trailing the benchmark and some losses in short positions, the fund remains confident in its long portfolio's fundamentals, which have not deteriorated. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Wasatch Long/Short Alpha Fund highlighted Real REMAX Group Inc. (NASDAQ:REAX). Real REMAX Group Inc. (NASDAQ:REAX) is a real estate technology company that provides **** le, mortgage, wallet, and franchising and ancillary services. The Real Brokerage, Inc. changed its name to Real REMAX Group Inc. (NASDAQ:REAX) in August 2026. On September 15, 2026, Real REMAX Group Inc. (NASDAQ:REAX) closed at $19.27 per share. Over the past month, Real REMAX Group Inc. (NASDAQ:REAX) declined 30.93%, but its shares are down 61.84% over the past year. Real REMAX Group Inc. (NASDAQ:REAX) has a market capitalization of $422.42 million, and its stock has traded within a 52-week range of $15.50 to $52.50.
Wasatch Long/Short Alpha Fund stated the following regarding Real REMAX Group Inc. (NASDAQ:REAX) in its Q2 2026 investor letter:
"Among shorts, contributors to Fund performance were those stocks that declined in price. One of our largest contributors was REMAX Group Inc. (NASDAQ:REAX). The company operates a cloud-based real estate platform operating across the U.S. and Canada. Real Brokerage's stock was down due to concerns about how AI may disrupt its business model."
Real REMAX Group Inc. (NASDAQ:REAX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 25 hedge fund portfolios held Real REMAX Group Inc. (NASDAQ:REAX) at the end of the second quarter, compared to 21 in the previous quarter. While we acknowledge the potential of Real REMAX Group Inc. (NASDAQ:REAX) 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-term AI stock.

#real #remax #NASDAQ #long

Wasatch Global Investors, an ****** et management company, released its "Long/Short Alpha Fund" Q2 2026 investor letter. The letter can be downloaded here. Small- and mid-cap growth stocks posted significant gains in Q2, led primarily by AI-related companies. The Russell 2500 Index rose 20.26%, while the Wasatch Long/Short Alpha Fund—Investor Class increased by 8.29%. However, the fund faced challenges due to the outperformance of lower-quality companies, which negatively impacted its long positions. Despite trailing the benchmark and some losses in short positions, the fund remains confident in its long portfolio's fundamentals, which have not deteriorated. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Wasatch Long/Short Alpha Fund highlighted Bloom Energy Corporation (NYSE:BE). Bloom Energy Corporation (NYSE:BE), designs and manufactures solid-oxide fuel cell systems for clean, reliable, on-site power generation. On September 15, 2026, Bloom Energy Corporation closed at $259.35 per share. Over the past month, Bloom Energy Corporation returned 25.51%, and its shares are up 225.53% over the past year. Bloom Energy Corporation has a market capitalization of $76.39 billion, and its stock has traded within a 52-week range of $61.37 to $351.28.
Wasatch Long/Short Alpha Fund stated the following regarding Bloom Energy Corporation (NYSE:BE) in its Q2 2026 investor letter:
"Turning to short positions, detractors from Fund performance were those stocks that rose in price. One of the largest detractors was Bloom Energy Corporation (NYSE:BE). Bloom Energy sells natural, gas-powered fuel cells that help data centers generate power on-site before the centers can connect to the electrical grid. Bloom's stock price has increased significantly in recent months, and we believe it is representative of some of the AI-related exuberance in the small cap market."
Bloom Energy Corporation (NYSE:BE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 116 hedge fund portfolios held Bloom Energy Corporation (NYSE:BE) at the end of the second quarter, up from 91 in the previous quarter. While we acknowledge the potential of Bloom Energy Corporation (NYSE:BE) 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-term AI stock.

#fund