Wednesday, November 4, 2026

The Buyback Shows Up (ESRT Q3 2026)

Empire State Realty Trust repurchased $85.8 million of shares at $4.56 each, using 1359 Broadway sale proceeds to fund buybacks and debt reduction.

ESRT $1.3B

Orphan REITs Nov 4 6 clicks

Nov 4 HCC $4.3B

Warrior (HCC): Q3 2026 Earnings

Cannibal Stocks 3 clicks

Nov 4 GPC $17B

GPC Q3 2026: a quick North America Automotive update

Stock Thoughts 7 clicks

From X

@ACapitalLP Sep 30

A Capital on X

$CODI < $11 with a potential major asset sale coming is too cheap given underlying value. This thing moves on like $2mm of volume. Illiquidity is both a blessing (dislocations) and a curse (violent gaps)… 🤷‍♂️

@junkbondinvest Sep 30

junkbondinvestor on X

Fitch just assigned Tesla a 1st-time BBB rating and people are already speculating about a big inaugural IG bond deal Remember when they had JUNK bonds? The coupon on the 2017 deal was 5.3% (not a typo). In retrospect, that's cheaper than what they'd pay for IG money today $TSLA

@KEDM_COM Sep 30

KEDM.com on X

Both Up Fintech $TIGR and Futu $FUTU benefited from Asians YOLO-ing into 3x levered long MU and SPCX ETFs, with FUTU now up significantly since the regulatory crackdown in May. They only started throttling Mainland accounts in mid-June so the real impact won't be visible until next quarter. ~12x P/E ex-Mainland if you annualize Q2, although Q3 is bound to be a little weaker.

@leevalueroach Sep 30

Lee Roach on X

Monro, Inc. $MNRO looks pretty interesting here. Probably going to get bought out soon as they have been running strategic alternatives since earlier this year. Lots of real estate so you have downside protection. Carl Icahn will go balls to the wall if it is not sold. November has a lot of catalysts set up.

@DeepSailCapital Sep 30

Deep Sail Capital on X

$MAMA is probably at the most attractive valuation since 3 years ago. And right as they are executing super well. This will be a couple billon dollar company in a few years.

@DOMOCAPITAL Sep 30 2 clicks

DOMO Capital Management, LLC on X

Not good for corn / corn basis. Good for $ALTO $GPRE https://t.co/Vv0h05uhzy

@convequity Sep 30

Convequity on X

$SPCX's Starship reached orbit and delivered cargo. The gigawatts still depend on how often it flies. We have been building the orbital-compute case with three key inputs: kilowatts per ton, tons per flight, and flights per year. 1) Ship 41 reached orbit, about 275 km, and released all 26 Starlink V3 satellites. They are in service. Until this flight Starship had only made short hops and come straight back. 2) The flight was shorter than the plan. One of six upper-stage engines shut down early, and the ship came down at the first health check after deployment, about three hours after launch, instead of staying up for about ten hours. Both stages splashed in the ocean. That was the plan. The ship can take a hard splash and be scrapped. It still delivered a commercial payload. Catching it is how later flights get cheaper. 3) A typical 1 GW site on the ground loses about 370 MW to power conversion, cooling and other overhead that is not the chips. Elon has said terrestrial solar produces about an eighth of the power of the same panel in space: no night, and no atmosphere in the way. In orbit most of that 370 MW overhead goes away as well. Sunlight is continuous, and the heat leaves through radiators. 4) On our Special View assumptions, year 4 is 200 tons at 100 kW per ton, which is 20 MW on one flight. Five hundred flights is 10 GW. Year 5 is still 20 MW a flight. Five thousand flights is 100 GW. The tons and the kilowatts stay the same. The flight count is what changes. Flight 14 showed Starship can reach orbit and deliver cargo. The 10 GW and the 100 GW still depend on how fast SpaceX can fly it again, and at what price.

@John_Hempton Sep 30

John_Hempton on X

@SilverBacked737 I have such a small $AMC short I look forward to MOASS. I will get to short more...

DigitalOcean (DOCN) Q3 FY12/26 Earnings Review

DigitalOcean reported Q3 revenue up 40% to $321 million and lifted Q4 guidance above consensus, while GPU and data-center expansion cut…

DOCN $11B

Cestrian Capital Research Nov 4 2 clicks

New Ideas From The Road

Aurelion Research increased healthcare exposure and sees opportunities in banking and defense, alongside research on Alcoa, Nike, ONON and…

AA $10BNKE $60B

Aurelion Research Nov 4 4 clicks

L3Harris (LHX) Q3 FY12/26 Earnings Review

L3Harris booked $19.3 billion of Q3 orders, lifting backlog to $53.2 billion, raised FY26 guidance and cut its 2028 free-cash-flow target…

LHX $48B

Cestrian Capital Research Nov 4 3 clicks

Oracle: The Party Is Almost Over

Oracle’s CDS spreads exceed 320 basis points as debt approaches $135 billion and fiscal 2027 capex targets $95 billion, amid heavy reliance…

ORCL $363B

David Desjardins Nov 4 1 click

Site Centers (NYSE:SITC)

Site Centers' $3 per-share return-of-capital distribution and December delisting leave a discounted liquidation stub, with two properties…

CURB $3.6B

Real Assets, Real Value Nov 4 5 clicks

Coupang: 3Q26 Business Recap

Coupang’s product-commerce growth rose 9% as data-leak effects fade, while management expects margins to return to pre-incident levels by…

CPNG $27B

Speedwell Memos Nov 4 3 clicks

Hedge Fund Manager David Orr Shares His Approach to Investing & Risk Management

David Orr describes running Militia Capital’s roughly 500-stock long-short portfolio, using expected value, correlation and factor…

CMCSA $84BZG $7.8B

Raging Capital Nov 4 5 clicks

3Q26 Recap: Margin at Trough, Recovery In-sight

Coupang expects Product Commerce margins to return to pre-data incident levels by mid-2027 as customer spending recovers and Taiwan…

CPNG $27B

Speedwell Research Nov 4 2 clicks

Novo Nordisk (NVO) Q3 FY 12/26 Earnings Review

Novo Nordisk beat Q3 consensus as Wegovy pill sales reached DKK 5.4bn, raised 2026 guidance again and reported DKK 79.2bn revenue.

NVO $181B

Cestrian Capital Research Nov 4 5 clicks

Shopify 3Q’26: Closing In on Half of Amazon

Shopify's 3Q 2026 GMV grew 30% FX-neutral, reaching 46% of Amazon retail GMV after merchants captured nearly half of incremental U.S.

SHOP $193BAMZN $2.9T

MBI Deep Dives Nov 4 1 click

update on Gartner

Gartner’s growth has stalled after federal contract losses and cautious commercial spending, raising questions about its competitive…

IT $13B

scuttleblurb Nov 4 1 click

Recycle Bin

Used aircraft engines can be repurposed as gas turbines, easing data center power constraints while tightening aviation supply.

EQT $33BRRC $12B

Doomberg Nov 4 8 clicks

Intel: Why Didn’t We See This Coming?

Intel’s 30% stock collapse followed guidance for a more than 20% sequential Q4 client revenue decline, server CPU packaging constraints and…

INTC $287B

Vik's Newsletter Nov 4 3 clicks

Chipotle Stock: The Dip Is A Long-Term Opportunity

Chipotle plans 350 to 400 annual openings and low single-digit same-store sales growth, supported by menu innovation, international…

CMG $42B

Jake Blumenthal Nov 4

AMRZ · long

Amrize

Amrize (AMRZ) produces aggregates, cement and roofing materials across the US and Canada.

AMRZ $22B

Value Investors Club Aug 6 3 clicks

Digital Turbine: The Turnaround Is Gaining Momentum, But Debt Remains The Wild Card

Digital Turbine posted 27% Q1 FY2027 revenue growth and 69% adjusted EBITDA growth, but free-cash-flow conversion and refinancing remain…

APPS $1.1B

Arizona Equity Research Nov 3

AMD Earnings Review

AMD reported $13.4 billion in Q3 revenue, with Data Center sales up 97% to $8.5 billion, and guided Q4 revenue to $17 billion.

AMD $660B

Cestrian Capital Research Nov 3 3 clicks

TWLO Q3 FY12/26 Earnings Review

Twilio's Q3 revenue rose 20% to $1.56 billion, but Q4 organic growth guidance fell to 11% to 12% and RPO declined 28%.

TWLO $33B

Cestrian Capital Research Nov 3 3 clicks

Merck and Co. (MRK) Q3 FY 12/26 Earnings Review

Merck reported Q3 revenue of $18.1 billion, up 5%, and raised 2026 guidance as Keytruda sales reached $8.6 billion ahead of its 2028 patent…

MRK $371B

Cestrian Capital Research Nov 3 2 clicks

Matt Murphy and Michael Hurlston Fireside Chat: Irrational Recap

Marvell and Lumentum’s merger targets uVCSEL scale-in optics, combining Marvell’s DSP and analog IP with Lumentum’s laser manufacturing for…

LITE $48BMRVL $117B

Irrational Analysis Nov 3 4 clicks

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