DoorDash 2Q'26: Growth Beyond the Restaurant
DoorDash’s 2Q 2026 orders rose 27% and marketplace GOV grew 36%, with DashPass driving a slight acceleration in U.S. restaurant demand.
Thursday, August 6, 2026
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Investor Letters
All letters- Upslope Capital Management Q2 2026 MICC $11B
- Vulcan Value Partners Q2 2026 AMZN $2.7TEFX $17B
- RGA Investment Advisors Q1 2026 AMZN $2.7T
- Biglari Holdings 2025 RACE $68B
- Massif Capital fourth quarter of 2025 EQNR $102BEQX $13B
- Pershing Square Holdings 2025 AMZN $2.7TBN $81B
- Palm Valley Capital Third Quarter 2025 NVDA $5.8TINTC $598B
- Rowan Street Capital first half of 2025 ADYEY $31BMETA $1.8T
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Under the Hood - Adobe Inc. ($ADBE)
Adobe generates 96% of revenue from subscriptions and converts over 40% into free cash flow, but generative AI tests whether Creative…
Under the Hood - Tractor Supply ($TSCO)
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Boston Scientific Has to Keep Buying the Future
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Tesla and SpaceX's Likely Merger, Portfolio Change
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PayPal tries again (and again)
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Under The Hood: Ulta Beauty, Inc. ($ULTA)
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