Moerus Capital Management LLC, an investment management firm, recently released its "Worldwide Fund " second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The fund navigated a highly bifurcated investment environment in the second quarter of 2026, as investor enthusiasm for artificial intelligence and technology drove a sharp rally in growth stocks while capital moved away from more traditional, value-oriented areas. The Fund's Institutional Class returned 0.14% in Q2, compared with 14.49% for the MSCI ACWI ex USA and 14.93% for the MSCI ACWI, while its first-half return stood at 5.37%, versus 13.69% and 11.25%, respectively, for the two benchmarks. The relative underperformance was primarily driven by the Fund's limited exposure to Information Technology as semiconductor and AI-related stocks surged, while its Energy holdings also gave back some earlier gains as oil prices declined; however, the Fund benefited from several energy-related investments during the first half. Looking ahead, Moerus views the extreme gap between expensive AI-focused areas and neglected parts of the market as an opportunity, maintaining its long-term deep-value approach of investing in unpopular businesses and ****** ets at significant discounts to intrinsic value and using market volatility to identify potentially attractive investments. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Moerus Worldwide Fund highlighted stocks like Tidewater Inc. (NYSE:TDW). Tidewater Inc. is an offshore supply vessel operator that provides support services to the offshore energy industry. Moerus identified Tidewater as one of the Fund's five most significant positive contributors during the first half of 2026. The one-month return of Tidewater Inc. (NYSE:TDW) was 3.68% while its shares traded between $46.65 and $101.58 over the last 52 weeks. On September 7, 2026, Tidewater Inc. (NYSE:TDW) stock closed at approximately $94.26 per share, with a market capitalization of about $4.61 billion.
Moerus Worldwide Fund stated the following regarding Tidewater Inc. (NYSE:TDW) in its Q2 2026 investor letter:
"Similarly, we'd argue that offshore supply vessel (OSV) operator Tidewater Inc. (NYSE:TDW) has grown the per share value of its business dramatically since 2018 through a combination of a relentless focus on costs, share repurchases, and most notably, the utilization of its OSV industry-leading balance sheet to make three acquisitions of ****** ets (with a fourth pending) from distressed and/or motivated sellers at deep discounts to replacement costs during a years-long industry depression."

#tidewater #fund #energy #second

Uber is laying off about 3,300 employees, or about 10% of its workforce.
It is the deepest cut the ride-hailing giant that revolutionized on-demand taxis has made since the COVID-19 pandemic.
Chief Executive Dara Khosrowshahi announced the layoffs in a letter to employees Wednesday. The cut comes as Uber faces increasing competition from the growing robotaxi industry and other delivery services such as Instacart and DoorDash.
Read more: Waymo wins approval for drastic expansion in Los Angeles, Bay Area regions
Waymo, the Alphabet-owned autonomous taxi company, is expanding rapidly and operates in 14 cities including Los Angeles, San Diego and San Francisco. Uber also competes with rival Lyft across the country.

#dara #wednesday

Anthropic apparently chose a winner in the AI-chip war between NVDA and AMD, and it's both of them.
Reuters reported on August 26, citing a person familiar with the matter after Bloomberg broke the news, that Anthropic will spend $45 billion over six years to rent Nvidia Vera Rubin computing capacity from Nscale's planned West Virginia campus. The 460-megawatt project is expected to start operating in late 2027. Anthropic declined to comment.
That would be a spectacular win for NVIDIA Corporation (NASDAQ:NVDA), except Anthropic agreed only a month earlier to buy tens of billions of dollars of servers powered by Advanced Micro Devices, Inc. (NASDAQ:AMD).
Source: unsplash
This Is a Multivendor Arms Race

#NVIDIA #NASDAQ #reuters #august

The SEC just formally proposed Regulation Crypto ******* ets, a new offering framework that would let crypto projects raise up to $5M through a one-time startup exemption or up to $75M annually through a tiered fundraising exemption.
The exemptions: The startup lane allows $5M over four years with no accredited-investor requirement or per-investor cap. The fundraising lane allows $75M every 12 months, split into a $20M Tier 1 and $75M Tier 2, with Tier 2 issuers needing audited financials and ongoing reporting, and non-accredited buyers capped at 10% of income or net worth. Tokens sold under either lane wouldn't carry a rule-based resale lockup.
The safe harbor: Once a team finishes, or permanently drops, the managerial work it promised, its token can shed "investment contract" status for good—a formalized version of the concept the SEC's March interpretive guidance first floated. The rule would also preempt state-level securities registration for these offerings and certain secondary trades.
What's missing: The SEC's separate "innovation exemption," expected to let firms tokenize actual securities like stocks and trade them onchain, wasn't part of Tuesday's release. The agency explicitly said it isn't touching registered-offering rules for "digital securities" this round, so tokenized equities on public blockchains remain unaddressed.
Why the delay: CoinDesk reported the tokenization piece had been expected to land alongside the fundraising rule before the SEC abruptly pulled an Aug. 14 meeting. The holdup has been tied to White House concerns about muddying live CLARITY Act talks, internal questions over the SEC's own statutory authority, and Wall Street's SIFMA objecting to using exemptive relief for market-structure changes.

#lane #rule #Crypto

Dynatrace (NYSE:DT) shares climbed more than 7% in pre-market trading after the software company reported first-quarter fiscal 2027 results that topped Wall Street expectations, supported by continued demand for its AI-powered observability platform.
The company posted adjusted earnings of $0.48 per share, beating the ****** yst consensus estimate of $0.44. Revenue increased 16% year over year to $554.5 million, ahead of the expected $549.3 million.
Chief Executive Officer Rick McConnell said enterprise customers continue to invest heavily in cloud infrastructure and artificial intelligence initiatives.
"Dynatrace delivered an exceptional quarter, led by 41% organic net new ARR growth," McConnell said. "Demand continues to strengthen as enterprises expand cloud-native workloads and accelerate their AI initiatives."
Annual recurring revenue (ARR) rose 17% from a year earlier to $2.136 billion on both a reported and constant-currency basis.

#mcconnell #cloud

During Monday night's Q2 earnings conference call with **** ysts, Palantir (PLTR) CEO Alex Karp delivered some typically fiery comments on one of his current favorite soapbox topics – the ills of frontier artificial intelligence (AI) labs.
"In the enterprise context, people sign up for token self-pleasurings," **** erted Karp, "where you are paying for the right for [the frontier labs] to migrate your IP, your know-how, your expertise to their model so that they can build a competitive business that doesn't require your business, your people."
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
1 **** anese Company Just Waved a Red Flag for Micron Stock. How to Play It Here.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'

#frontier

On April 2, 2024, General Electric (NYSE: GE) spun off its energy division as GE Vernova (NYSE: GEV). It started trading at $143 per share on that first day, but eventually dropped to its all-time low of $122.46 on April 5. If you had invested $5,000 in GE Vernova's stock at that price, your investment would be worth more than $40,400 today.
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 »
GE Vernova operates three core businesses: Power (55% of its 2025 orders), Electrification (33%), and Wind (13%). Since its market debut, the Power and Electrification segments have grown rapidly to meet the demands of the power-hungry cloud, data center, and AI markets. That growth offset the softness of its Wind segment, which grappled with supply chain issues.
GE Vernova's orders rose 7% organically in 2024, then accelerated to 34% growth in 2025. From 2025 to 2028, ***** ysts expect its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 17% and 60%, respectively.
Therefore, GE Vernova's stock soared because it was a well-balanced play on the expanding AI market. With an enterprise value of $252 billion, it isn't cheap at 40 times this year's adjusted EBITDA -- but its robust growth rates could support that premium valuation.

#NVIDIA #april

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.
Generated 10% FFO growth, meeting long-term targets through organic inflation-linked rate increases and the commissioning of new capital projects.
Data segment performance surged 36%, driven by the acquisition of a U.S. bulk fiber network and initial contributions from the Intel semiconductor foundry partnership.
Midstream results benefited from strong ***** et utilization and elevated commodity pricing in the Canadian diversified midstream business, alongside new U.S. pipeline contributions.
Transport segment growth was supported by a 'domino effect' from global AI infrastructure build-outs, driving increased demand for machinery and components through rail and port networks.

#contributions #NVIDIA #generated

Until recently, Laniya Brooks was working as a custodian at a data center. But after one of the technicians there noticed her strong work ethic, they sent her a link to apply for America's Workforce Academy (AWA).
Through AWA, which was announced jointly in June by Meta president Dina Powell-McCormick and Mike Rowe, Meta has pledged to put $115 million toward training for jobs including plumbing, electrical work and mechanical systems. All AWA graduates are guaranteed a job with a Meta partner construction site once they've graduated the five-week course.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going

#actually #until #june

The supervisory board of VW Group-owned Porsche has approved another phase of restructuring, a company spokesperson told Reuters.
German media reports said the total number of planned job cuts could reach about 9,000.
The company spokesperson declined to discuss the contents of the new package agreed with labour representatives.
The spokesperson said only that the supervisory board had backed the measures.
"Now it's time to finalise the last steps," the spokesperson said in an emailed statement to Reuters.

#spokesperson #reuters #group #porsche

DGJL uses SPY options to deliver a fixed 9.37% digital return as long as SPY doesn't fall more than 10% over its one-year period.
The digital structure caps gains at 9.37% even if SPY surges 30%, making DGJL most advantageous in flat or mildly declining markets.
Losses beyond the 10% buffer fall entirely on shareholders, and defined outcomes only hold for investors who buy on day one and hold through July 2027.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and DGJL didn't make the cut. Grab the names FREE today.
First Trust has rolled out another entry in its lineup of defined-outcome funds, and this one carries an unusual twist. The FT Vest U.S. Equity Buffer & Digital Return ETF – July (NYSEARCA:DGJL) began its first outcome period on July 20, 2026 and lists on the Cboe BZX Exchange. It is an actively managed fund, meaning a team picks the holdings rather than tracking an index, and it is sub-advised by Vest Financial LLC, the firm behind most of First Trust's buffer product family.

#first #digital #vest

Icahn Enterprises on Tuesday announced that the company reached a deal to sell Pep Boys to Mavis, one of the largest independent tire and service providers in the country, in a $700 million deal.
Pep Boys has nearly 800 locations around the country and offers auto services including tires, repairs, oil changes and maintenance.
The deal will expand Mavis' presence in new and existing markets, particularly in the western U.S., where Pep Boys has a significant presence, and will increase Mavis's network to over 4,400 service centers around the U.S. and Canada.
Millions Of Car Owners Are Delaying Maintenance Repairs As Costs Rise
"Today's announcement marks a significant milestone as Mavis continues to execute its growth strategy. Pep Boys is one of the most well-respected names in the automotive aftermarket, and we look forward to welcoming it into the Mavis family of brands," said Mavis co-CEO David Sorbaro.

#repairs #maintenance #country #around

By Tim Hepher and David Shepardson
FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a €3 billion ($3.43 billion) loan package to Airbus, resurfacing trade tensions after the two sides extended a tariff truce over jet subsidies.
What is the European Investment Bank's response to Boeing's concerns?
Could this loan dispute affect the Boeing-Airbus tariff truce?

#shepardson

By Courtney Rozen
WASHINGTON, July 21 (Reuters) - TikTok U.S. chief security officer Will Farrell will testify before ‌a U.S. House committee on September 15, according ‌to a Congressional aide.
Farrell, who oversees "data privacy and cybersecurity" according to the company's website, will answer questions from members of the U.S. House Select Committee on China.
This is the first time a TikTok U.S. executive will testify publicly ‌in the U.S. House ⁠since the company's Chinese owner, ByteDance, finalized a deal to split the U.S. app ⁠from its global business. ByteDance has disclosed few details about the deal, and a hearing would allow lawmakers to ask questions about U.S. President Donald Trump's role in ‌brokering the split and Chinese involvement in the U.S. app.
The U.S. enacted a law in 2024 requiring ByteDance to sell the app or see it shut in the country. The U.S. Congress passed the law after ‌lawmakers expressed concerns that the company's management was beholden to the Chinese government, posing a national security risk.

#security

Seattle, Washington-based Expedia Group, Inc. (EXPE) operates as an online travel company that provides travel products and services to leisure and corporate travelers. Valued at $32.5 billion by market cap, the company facilitates memorable experiences for travelers through its family of brands including Expedia, Hotels.com, Expedia Partner Solutions, Vrbo, Trivago, and more. The leading online travel company is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Wednesday, Aug. 5.
Ahead of the event, ****** ysts expect EXPE to report a profit of $4.55 per share on a diluted basis, up 26.7% from $3.59 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars

#earnings #Stock #online

Is ADI a good stock to buy? We came across a bullish thesis on ****** og Devices, Inc. on Contrarian Indicator's Substack by Cameron Fen. In this article, we will summarize the bulls' thesis on ADI. ****** og Devices, Inc.'s share was trading at $375.18 as of July 16th. ADI's trailing and forward P/E were 56.63 and 25.97 respectively according to Yahoo Finance.
Portogas D Ace/Shutterstock.com
Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States and internationally. ****** og Devices is posting record revenue as AI data centers intensify demand for sophisticated power management, but investors must decide whether they are buying the next leg of a structural compute cycle or paying an AI multiple for an ****** og chipmaker still dependent on industrial restocking and a sluggish automotive market.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential

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For Jeremy Grantham, **** eX's IPO will go down in history for all the wrong reasons. He claims it's "the craziest IPO in the history of man (1)."
In a recent interview with Morningstar, the founder of Grantham, Mayo, Van Otterloo & Company (GMO), blasted the valuation for Elon Musk's rocket company.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold