Meta 3Q26 Business Update: Not Just an Ads Business?
Meta’s 3Q26 Family of Apps revenue rose 26% as Muse reached 10 million users, testing AI-agent shopping that Walmart permits while Amazon blocks.
Wednesday, October 21, 2026
Back to today
From X
Myles on X
@andrew1corpora1 Some of my other large positions are Nice Info services in Korea, $VIL, $FRP.L, $AMZN
Deep Sail Capital on X
@HiddenGemsInves $CLPT - I just think over 10 years they get at very least a handful of partners to commercialization and it’s 10x higher.
Tim Eriksen on X
Another excellent quarter from River Financial $RVRF EPS of $1.93. Trading at 6x growing run rate. https://t.co/MKvOlibndK Can be hard to buy at some brokers. Fund bought a year ago at ~$33.
Barbarian Capital on X
Penske Automotive Group to Be Taken Private by Penske, Mitsui $PAG https://t.co/wz4qUxO2Zy
Barbarian Capital on X
"to deploy artificial intelligence to explore new treatments for cardiometabolic diseases" $AZN AstraZeneca Strikes Up to $1.5 Billion AI Drug Discovery Deal With Insitro https://t.co/mzFqL9FGQl
George Noble on X
This “genius” is my new favorite contra. Looks like he learned his trade from the odious @ericjackson And people wonder where I get my great short ideas. Just follow this clown and fade him. $IREN @piovincenzo_ @MarkNeuman18 @dayetweets @RealJimChanos https://t.co/0U1HpaIo3h
Barbarian Capital on X
rare for a large chain KFC to Ditch Pepsi for Coke in Thousands of Restaurants $YUM $PEP $KO https://t.co/9qSnos5TxW
Barbarian Capital on X
J.B. Hunt Reports Higher Profit, Steeper Operating Expenses $JBHT https://t.co/Y5RMXBQvWd
Investor Letters
All letters- Vulcan Value Partners Third Quarter 2026 FBIN $4.8BIQV $44B
- White Falcon Capital Management Q3 2026 CSGP $13BCSIQ $650M
- Artisan Partners Q3 2026 AMD $905BBAESY $77B
- Matthews Asia Q3 2026
- PenderFund Capital Management Ltd. September 2026 GRID $171MPNG $1.1B
- Upslope Capital Management 2026-Q3 ICE $89BTCGGY $3.1B
- CrossingBridge Advisors Q3 2026
- Cedar Creek Partners 2026 Third Quarter MMY $186MEXCE $1.2B
Netflix Q3 Earnings Update
Netflix Q3 earnings update revises the thesis and rating.
Sagimet Biosciences: The U.S. Acne Trial Is A Replication Exercise, Not A Discovery Bet
Sagimet Biosciences' denifanstat enters a fully funded U.S. acne registration trial after Phase 3 results, with SGMT trading below cash and…
Equity Eagle 3 clicks
CoreWeave: It’s Not Dying, Not Anytime Soon
CoreWeave is compared with Amazon's early public years, when investors expected bankruptcy amid losses and dependence on outside capital.
Berkshire Put Bending Spoons On My Radar
Bending Spoons has spent about $10 billion on software acquisitions, including pending Miro, while Q2 organic growth was 3% and all…
Jack Bowman 9 clicks
Eli Lilly And Co. (LLY)
Eli Lilly's Mounjaro and Zepbound drove 2025 revenue to $65.2 billion as the drugmaker expands AI partnerships with Nvidia, Isomorphic…
Gladstone Investment: High Dividend Increases And NAV Gains, But Very Risky
Gladstone Investment's 50% equity portfolio drove NAV and dividend gains, but five holdings make up 44.5% of fair value and heighten Level…
Stephen Nemo 3 clicks
Why I sold OB pick for 26 SVM
Silvercorp’s falling Ying grades, prolonged GC suspension, El Domo execution risk and Chaarat funding needs weaken its valuation despite…
Use of AI is boosting Snowflake’s revenue while mortal companies may take longer
Snowflake says internal AI use is lifting revenue and profit, while customers show early implementation success.
Netflix Earnings, Business or Franchise, Disney’s Deal
Netflix’s earnings raise questions about whether its growth profile still merits a franchise valuation, alongside discussion of Disney’s…
Vicor Update, Part Three
Vicor’s $66.6 million in AI power-delivery royalties generated about $50 million of operating profit, eclipsing its module business as…
DOMO · long Domo INC
Domo is valued as an NOL shell, with the long case tied to the timing and value of its NOL realization.
Onto Innovation: Fall Buyers Rewarded With 2027 Growth
Onto Innovation's metrology, advanced-packaging and x-ray tools are expected to lift revenue and margins through 2027 as Dragonfly G5 and…
Off His Game 2 clicks
Carecloud News
CareCloud may attract a private-equity buyer after its Q3 call, with acquiring enough shares the main obstacle to a take-private deal.
From Fat to Follicles - Is Hair Loss the Next Blockbuster?
Novo Nordisk has only floated hair loss, while Veradermics’ Phase 3 oral minoxidil data lead a field of licensing and takeover candidates.
Is Microsoft Over-Earning on OpenAI?
Microsoft booked $24.1 billion from OpenAI in FY2026, nearly a quarter of Azure revenue, raising questions over finite, high-margin…
RTX Corporation (NYSE: RTX) Q3 FY12/26 Earnings Update - Accumulate, Record $340bn Backlog, Zones And Stop Inside
RTX reported 11% sales growth to $25.0 billion, raised 2026 guidance and reached a record $340 billion backlog, while free cash flow fell…
Heico Corporation
HEICO sells FAA-approved aircraft replacement parts at 30% to 50% discounts to OEMs, gaining customers as restrictive aftermarket contracts…
Northrop Grumman (NYSE: NOC) Q3 FY12/26 Earnings Update - Accumulate, Record Backlog, Zones And Stop Inside
Northrop Grumman posted 7% Q3 sales growth to $11.1 billion, lifted profit guidance and reached a record $109.6 billion backlog, led by…
Disney: Century-Old Franchises at 14x Forward Earnings
Disney trades at 14x FY27 consensus EPS of $7.50 as parks, merchandise and streaming rebuild its franchise flywheel.
[scuttleslops] AMZN, MTCH, SPOT, Open vs. closed models
Amazon’s fulfillment network and customer-review base limit autonomous AI shopping agents, whose referrals generate under 0.5% of major…
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Conor Maguire | Value Situations
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Deep Sail Capital
Derek Pilecki
Devin LaSarre
DOMO Capital Management, LLC
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Farmer
Fierce_beast
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George Noble
Hunterbrook
Ian Bezek
Idea Brunch
JabroniCoin.USD
John_Hempton
junkbondinvestor
kab60
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Kuppy
Laughing Water Capital
Lee Roach
Little Owl Research
Maius
Maj Soueidan
marginofdanger
mavix
Mike
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Mr Neutral Man aka "Howard Marks of REITs”
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Undiscovered Compounders
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- Gabelli Funds
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- Myrmikan Capital, LLC
- Nelnet
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