[Market Memo] Hot Summer Topics
Applied Materials’ DRAM and CPO claims face scrutiny, while high-bandwidth flash needs SLC NAND and a solution for base-die heat.
Wednesday, July 1
Wednesday, July 1, 2026
Everything we published on this day.
8 stories
Sleep Well Portfolio (June 2026) - Software continues to stabilise? Latest pick up 75%
Pro Medicus is up 75% since purchase, while Intuitive Surgical joins the portfolio and SaaS holdings recover 10% to 20%.
Broken Moats on X
$hood perps announcement today is leverage^3 .......what could go wrong? perhaps some lessons from the bucket shops, and leverage dynamics of the 29' crash should be heeded. Their GoT theatrical announcement today and the $BX Taylor swift Christmas videos are going to age extremely well when the cycle busts
Broken Moats on X
$DVA not sure exactly whats behind the over 100% gain in shares this year, But at current levels near $230 a share the stock is almost 27x next years numbers (including net debt/per share basis). CMS initial rate for next year came in well below expectations at 1.1% (and while it can be moved higher that I still a considerable headwind). DVA still sits as one of the most negatively exposed to GLP1s and that should be a structural headwind that eats at volumes incrementally each year into the future Valuation and performance spread against their other public peer $FMS opened up significantly again (diverged at key points in recent years) -- FMS traded off 6% (after being weak for months) on the CMS announcement last week. DVA maybe because of the Buffett influence on float (high 40s% ownership) has traded very odd in recent years, but tends to ignore all news then violently reprice on earnings.
mavix on X
Leatt $LEAT announced that it has partnered with Cardo Systems, a US-based leader in wireless communications for powersports, on Cardo Venture, a new off-road helmet integrating Cardo Systems’ wireless real-time mesh communication system into Leatt’s innovative MOTO 8.5 Helmet. https://t.co/Vp9iwD6UhW
mavix on X
Portfolio end of July '26: Centrotec $CEV.HM Toyokumo $4058 Evolution $EVO Leatt $LEAT BioRem $BRM.V Secunet Security Networks $YSN -undisclosed- Lindbergh $LDB.MI Shelly $SLYG Enogia $ALENO ErreDue $RDUE Circle Group $CIRC.MI -undisclosed- -undisclosed- Sold: $TRT.L https://t.co/uosmAMwiTH https://t.co/ZCsmkvYuTS
mavix on X
I just published my Portfolio Update for June 2026. It includes: ▫️My current portfolio & position sizes ▫️Reasons why I sold Transense $TRT.L ▫️Earnings Updates: $TRT.L ▫️Recent news & Information about $SLYG, $CIRC.MI, -undisclosed- https://t.co/GQhcUJBwCS
$VEON: a busted EM telecom hiding a 4x? | Samit Umatiya, UIG Funds
VEON’s 84% Kyivstar stake and JazzCash underpin a sum-of-the-parts case for 4x upside, despite its sanctioned shareholder, capital…
