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Group 1 Automotive: The Debt Stress Test

Group 1 Automotive’s $1.25 billion Atlanta borrowing lifts net corporate debt to about $4.4 billion; a 2009-style downturn leaves it near bank covenants with $750 million maturing.

GPI $2.9B

Cannibal Stocks 2h ago 2 clicks

11h ago META $1.8T

Muse Spark Open, Meta + Apple, Thin and Thick

Stratechery by Ben Thompson – On the business, strategy, and impact of technology.

11h ago TEAM $52B

WD #360: New Trade, Recent Market Action, Brazil/Inter Update

Ian’s Insider Corner 9 clicks

From X

@stockgutter Sep 29 1 click

SG on X

@DeepSailCapital $MRNX via short Mar27 150-200C lots of ways for this trade to work. Its my preferred way to fade the outsized (and in the past 2 weeks heavily autocorrelated) move in $MRNA

@negligible_cap Sep 29 3 clicks

Negligible Capital on X

$META started ripping when Dottie fumbled https://t.co/NYbw44HWOK

@DeepSailCapital Sep 29

Deep Sail Capital on X

Added back $CRCT short too: One time tariff impacts make the financials look good, but the company is in structural decline: $26.7M of the $47.4M operating income was non-recurring $20.3M of IEEPA tariff refunds and a $6.4M royalty reserve release. Strip them and operating income is roughly half what printed, on revenue that fell 9%. The rest of the bear case: Hardware is in structural decline — down 22%, with lower ASPs on the Joy 2 and Explore 5 launches and heavier promotion. A razor-and-blades model where the razors are shrinking. Platform growth is 5% and subscribers grew 3% to 3.10M. That's the "good" half, and it isn't growing fast enough to carry a declining hardware base. Engagement is flat, not recovering. 90-day engaged users 3.49M against 3.48M. Management framed stabilising active users as a win, which tells you the trend it's stabilising from. Tariff refunds do not repeat. The Q2 comp next year is brutal.

@BrokenMoats Sep 29 1 click

Broken Moats on X

What a bailout for some of the concentrated players trapped in $SSTI. Don't understand the acquisition or how the pe firm will winout but congrats the concentrated layers who entered late last year and can now break even to even make a little money with the voucher. So much regulatory risk for a product that is not well liked, has well funded campaigns against and has not shown to be overly effective. Best of luck

@calvinblissett Sep 29

Calvin Blissett on X

This is what I am alluding to in the Chuck Akre 2011 google talk $FICO https://t.co/ptAE3rvZqV

@ACapitalLP Sep 29

A Capital on X

$FDXF has materially underperformed LTL peers heading into October's first standalone earnings call… Market seems to be pricing in a deteriorating earnings story rather than post-spin complexity. If management can provide clarity on standalone financials and reaffirm its margin trajectory, the RV dislocation could close quickly. Interesting asymmetric setup….

@calvinblissett Sep 29

Calvin Blissett on X

$FICO forward P/E means nothing, trailing P/E around ~18x. Relevant mental model may beBill Nygren sand $MCO Moodys post GFC when regulatory expanded agencies from 2.5 to 6 and essentially mandated competition with Moodys. See interview with Google on YT in maybe 2011. We saw how that turned out. Bias: 1 share bought at $870 to scratch an irrational itch. Status: miffed, @wpulte suffers from man with a hammer tendency

@pennycheck Sep 29

⚽️📡 on X

$ADEA New CEO hire is exactly what you want to see. She spent last 8 years at $ARM turning semi conducter IP into massive growth + recurring revenue honestly surprised stock is down given how the previous CEO exit had been weighing on the stock https://t.co/m34bD0nn3l https://t.co/JXuFHAsKJj

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Northrop Grumman (NYSE: NOC) Q3 FY12/26 Earnings Preview - Accumulate Rating, Zones And Stop Inside

Northrop Grumman reports Q3 2026 on October 20 with a $105 billion backlog, up 16% year over year, and trades at 23 times trailing…

NOC $68B

Cestrian Capital Research 15h ago 3 clicks

Nebius: The Pullback Strengthens The Case For An AI Infrastructure Champion

Nebius reported Q2 revenue growth of 454% and $3 billion ARR, targeting 5GW of AI capacity by 2030 after a Palantir partnership.

NBIS $56B

Salix Research 16h ago 5 clicks

AppLovin Deep Dive

AppLovin rebuilt its ad model with AXON 2.0, lifting LTM revenue to about $7 billion and margins to 77% as Unity competition threatens ad…

APP $88BU $19B

Speedwell Memos 17h ago 21 clicks

Meta’s GEM, Part 2: Finding the Scaling Law

Meta’s GEM trains smaller ad-ranking models across its platforms, with Kunlun showing performance scaling predictably as compute rises.

META $1.8T

MBI Deep Dives 19h ago 6 clicks

LXS.DE: a 2028 sale it can force

Lanxess can force Advent to buy at least half its Envalior stake in April 2028, potentially raising about €745 million to reduce net debt.

LPTH $525M

Trade Ideas Flow 22h ago 12 clicks

Sell Eagle Point Credit Now - Match The Loss With Portfolio Gains To Lower Income Taxes

Eagle Point Credit's NAV is down 25% YTD and shares nearly 50%, while its expense ratio climbed to 9.21% despite a 25% yield.

ECC $379M

Anthony Cataldo 23h ago 3 clicks

The Agentic AI Roadmap for SaaS

SaaS companies including Salesforce, ServiceNow, CrowdStrike, Synopsys and Veeva are ranked by agentic AI progress, from pilots to…

CRM $197BCRWD $233B

Jimmy's Journal 24h ago 6 clicks

Build-A-Bear: A Narrower Path

Build-A-Bear's push into prestuffed toys and broader retail distribution tests brand stretchability, but recent results warrant caution.

BBW $317M

TSOH Investment Research 24h ago 8 clicks

The Monday Morning Briefing: Meta, Tesla, Netflix, P&G on Deck

Lennar’s land-bank costs pressure homebuilding margins, while Flowers Foods weighs a Tastykake sale after falling branded-bread share,…

LEN $18BFLO $1.3B

Latticework by MOI Global 26h ago 12 clicks

LendingTree (NASDAQ: $TREE) – A Cyclical Comeback Story Priced as if the Cycle Never Turns

LendingTree derives roughly two-thirds of revenue from insurance and trades near 4 times expected adjusted earnings despite record revenue,…

TREE $362M

Substack von Philipp 26h ago 6 clicks

Our Q3 2026 Update: Our Companies (OXY, RIG, VAL)

Occidental Petroleum’s debt should fall further after Q3 oil prices averaged $85 per barrel WTI and $91 Brent.

OXY $62BRIG $6.2B

Open Insights 28h ago 8 clicks

40 Stock Pitches (12th-18th October) 🖨️

Elutia’s antibiotic-eluting surgical matrices target breast-surgery infections, with Minot Light valuing $100 million in sales at a…

ELUT $35M

Capital Employed 29h ago 16 clicks

SKIN · long

Skinhealth Systems INC

SkinHealth Systems owns a dominant professional skincare consumables franchise but trades at roughly $115 million market cap and $255…

SKIN $73M

Value Investors Club Jul 21

Undercovered Dozen: Hess Midstream, Iovance Biotherapeutics, Netlist, And More

Hess Midstream, Iovance Biotherapeutics, Netlist and nine other lesser-covered stocks make this week’s Undercovered Dozen.

HESM $6.3BIOVA $6.7B

The Undercovered Dozen 34h ago 12 clicks

Zscaler CEO and CFO: We have the opportunity of a lifetime

Zscaler CEO Jay Chaudhry and CFO Kevin Rubin discuss the cybersecurity company’s growth prospects and valuation.

ZS $34B

The Technology Letter 35h ago 2 clicks

Do You Trust Apple?

Apple’s HomeView strategy ties Siri, privacy and smart-home control to consumer trust in its vision for the home.

AAPL $5T

Stratechery by Ben Thompson – On the business, strategy, and impact of technology. 35h ago 2 clicks

What Lies Beneath: The Developer Building a Data Center on a Former Army Dump Laced With Munitions and Carcinogens

Digital Realty paid $120 million for Atlanta-area parcels including a former Army dump with buried carcinogens and military ordnance.

DLR $60B

Hunterbrook 39h ago 22 clicks

Wells Fargo Earnings Aren't Inspiring Enough, But A 7% Income Opportunity Is

Wells Fargo’s Q3 EPS beat and $12.5 billion net interest income failed to move shares, while WFC.PZ preferreds yield 7.10%.

WFC $254B

Jeremy LaKosh 44h ago 7 clicks

Semtech Analyst Day Review

Semtech raised Q3 guidance and targets $3.2 billion of fiscal 2030 revenue, excluding upside from its AI data-center optical and copper…

SMTC $16B

CV's Substack Oct 17 13 clicks

DigitalOcean CEO: ‘We are not going to be extraordinarily leveraged like some others’

DigitalOcean’s CEO says the cloud company will not take on extraordinary leverage to fund its AI push.

DOCN $13B

The Technology Letter Oct 17 22 clicks

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