Monday, October 26, 2026

The Data Center Bridge

Small- and mid-cap data center stocks trade as one despite sharply different funding bridges: 12 of 15 cover fixed costs on signed contracts, but 10 cannot do so today.

FRMI $1.6B

CV's Substack 18h ago 16 clicks

26h ago INTR $2.1B

Lula wins, Brazil panics, then rallies. It’s happened every time. A 16% ROE bank at 7.4x earnings and book value, down 36% in a day. Up to 3.8x

Calvin Blissett 34 clicks

29h ago KNSL $8.6B

Molina & Kinsale

Bearstone 6 clicks

From X

@StableBread Oct 23

Fajasy on X

@tailrisked And demand isn't what's holding $QMCO back. Backlog went from an $8-10M norm to $45M by March, then set another record in Q1, and Meyrath said IBM drive availability now caps growth, not orders. The LTO royalty also hit $2.3M in Q1, the highest in years. https://t.co/9Vt2Y1iZt0

@kevin__mak Oct 23 3 clicks

Kevin Mak on X

$ABVX Couple things I noted today. 1) The ABVX fans love to talk about how bad this specific stock is. But looking at a group of late-stage, pre-commercial biotech peers since August 20th, the weakness looks a lot less ABVX-specific. ABVX is down ~26%, versus a peer median of ~27%. Different stories and catalysts, but ABVX is right in the middle of the group. 2) The latest Markit securities-lending update shows a sharp drop in reported shares on loan, from ~2.6m to ~460k. My read is that this is consistent with the possible “large short” I previously flagged having covered. The drop shows up in the October 21 data, immediately after the October 20 +5.8% rally, which has since largely fizzled out. Disclosure: Creek Drive and its affiliated funds holds a long position in ABVX. Views expressed are current opinions for information only, subject to change and are not investment advice or a recommendation to buy or sell any security. Investing involves the risk of loss and past performance is not indicative of future performance. See the disclosures link in my bio for more important information.

@BarbarianCap Oct 23 2 clicks

Barbarian Capital on X

LKQ Ousts CEO, Warns of Third-Quarter Shortfall $LKQ https://t.co/e4GW6GlTN0

@KEDM_COM Oct 23 3 clicks

KEDM.com on X

Turning Point Brands $TPB CEO Graham Purdy unexpectedly resigned for personal reasons, with Executive Chairman David Glazek taking over as CEO. TPB also tightened FY26 adjusted EBITDA guidance to $70-80m from $70-90m, assuming no margin benefit from U.S. manufacturing onshoring until 2027 and continued elevated freight costs. Shares down 13%. TPB remains one of the few plays on the growth in nicotine pouch consumption (a KEDM theme).

@absreturnchaser Oct 23 4 clicks

absreturnchaser on X

Is Western Union $WU shopping a takeover offer they have received? @jfineman @laurenthomas @mroliverbarnes @DNair5 @bharringtonw11

@DeepSailCapital Oct 23

Deep Sail Capital on X

$CRDO - Others have tried this already. $MRVL and $BDCM have offered merchant AEC DSPs for years. A cheaper merchant DSP hasn’t broken the integrated model so far. Credo’s moat is the system not just the DSP. Credo owns qualification, SerDes, AEC patents, ETC which allow it to keep the full cable end to end. It has deep relationships with five hyperscalers and growing engagement with neoclouds. Anyone that knows the market knows $MXL might try to get a piece of the market but unlikely to get a material piece.

@ActAccordingly Oct 23 4 clicks

PAA Research on X

For those scoring at home, THREE c-suite executives have "retired" from their positions at $KNSL thus far this year (COO, CIO, and now the CFO). At a minimum this is a pretty glaring indictment of the company's growth prospects or it could signal something far more troubling. Either way, it raises a lot of questions for a company that has operated with a highly insular culture for a long time.

@RagingVentures Oct 23 2 clicks

Raging Capital Ventures on X

$HAWK came public with MS and GS at the peak of the $PL and $SPCX space pump cycle. Investors likely bought the stock blindly without really understanding the business. Alas, the shareholder base is now transitioning into strong hands. I think those buyers will be rewarded.

Duolingo: The 2027 Bull Case Is Hidden In The Monetization Switch

Duolingo sacrificed over $50 million of 2026 bookings to reduce free-app friction, reaccelerate daily users and target 100 million DAUs by…

DUOL $6.5B

Geneva Investor 32h ago 3 clicks

How to Read a 10-K Like a Short Seller

A four-layer 10-K framework tests revenue timing, receivables, reserves and depreciation against cash flow, using Hertz’s 2012-14…

HTZ $738M

Jimmy's Journal 33h ago 55 clicks

WD 361: Brazil, JetBlue Bankruptcy, Mexican Airlines Merger

Brazil’s Lula victory leaves Nu and Inter’s thesis intact, while JetBlue heads toward bankruptcy and Mexican airlines pursue a merger.

JBLU $964MINTR $2.1B

Ian’s Insider Corner 42h ago 11 clicks

Digital Marketing Leader Klaviyo Deserves A Strong Buy

Klaviyo's customer-data platform and new AI Composer product underpin a bullish growth case, with Salesforce's Braze acquisition cited as a…

KVYO $5.8B

Fountainhead Oct 25 2 clicks

Signet Jewelers (SIG): The Next Dillard’s?

Signet Jewelers cut its share count from 87 million to 38 million since 2012 as short interest reaches 15%, amid a hated diamond market.

SIG $4.5B

Cannibal Stocks Oct 25 14 clicks

I went through all 142 companies in Value Line this morning. Here are the 6 that made it

Six Value Line small caps including Blackbaud, Marqeta, Ranger Energy and Definitive Healthcare trade on net cash, buybacks, low multiples…

BLKB $2.4BMQ $2B

Calvin Blissett Oct 24 70 clicks

ExlService: A Boring Compounder That Could Double

EXLS $6.2B

Ignacio Planas Gonzalez Oct 24 4 clicks

Research & Analysis: ERock, Inc. (NYSE: EROC)

ERock’s modular microgrids bridge data-center power gaps years before grid interconnects, with Meta and Anthropic projects filling capacity…

EROC $453M

Monte Independent Investment Research Oct 23 9 clicks

Trade Alert - Long RIG

HFI Portfolio bought 94,214 shares of Transocean, RIG, for $570,000 at $6.05 per share.

RIG $7.2B

HFI Research Oct 22 9 clicks

MYR Group q3’26 Earnings Preview

MYR Group’s Q3 2026 preview cites data-center and power transmission demand, with long-term service agreements supporting margin growth and…

MYRG $4B

Monte Independent Investment Research Oct 22 5 clicks

WRBY · long

Warby Parker

Warby Parker's $25 valuation does not capture potential upside from smartglasses alongside its core omnichannel eyewear business.

WRBY $3.2B

Value Investors Club Jul 28 3 clicks

Peabody: The Global Energy Market Landscape Is Changing In Coal's Favor

Peabody expects rising thermal coal demand, LNG shortfalls and AI power needs to offset higher costs and Centurion ramp-up losses, while…

BTU $2.7B

Zoltan Ban Oct 25 6 clicks

Mosaic: Cash from Potash Now, a Recovery in Phosphates Later

Mosaic’s potash business generated $930 million after capital spending and closure cash in 2025, while phosphate operations consumed $207…

MOS $5.5B

Latticework by MOI Global Oct 22 12 clicks

Mosaic, Part One: The Story

Mosaic’s history traces the 2004 Cargill-IMC merger and the phosphate and potash mines that shaped NYSE: MOS.

MOS $5.5B

Latticework by MOI Global Oct 22 34 clicks

Mosaic, Part Two: The Deep Dive

Mosaic, NYSE: MOS, is the subject of a second audio program for professional investors analyzing fertilizer producers.

MOS $5.5B

Latticework by MOI Global Oct 22 5 clicks

Undercovered Dozen: Western Digital, Penguin Solutions, Millrose Properties And More

PENG $3.2BMRP $4B

The Undercovered Dozen Oct 22 17 clicks

Group 1 Automotive (GPI) vs Lithia Motors (LAD)

Group 1 Automotive and Lithia Motors divide two longtime value investors: David Abrams switched to Lithia in 2018, while Greg Alexander…

GPI $2.7BLAD $6.6B

Cannibal Stocks Oct 22 6 clicks

Atour Lifestyle ($ATAT): The Hotel Chain That Is Secretly a (Sleep) DTC E-Commerce Brand

Atour Lifestyle combines an asset-light Chinese hotel franchise network with Atour Planet sleep-product sales, using guest rooms as product…

ATAT $4.5B

Substack von Philipp Oct 22 8 clicks

Bumble is being taken private

Bumble agreed to a $6.05-per-share cash sale to Ithaca Holdings, 136% above its October 2 share price.

BMBL $787M

Modern Value Investing Oct 21 8 clicks

Webull: A 30% Annual Return Setup As Perpetual Futures Go Live

BULL $3.3B

PropNotes Oct 21 3 clicks

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Monday, October 26, 2026

Fajasy on X

Kevin Mak on X

Barbarian Capital on X

KEDM.com on X

absreturnchaser on X

Deep Sail Capital on X

PAA Research on X

Raging Capital Ventures on X

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Seeking Alpha 62 of 254

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