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Wednesday, November 11, 2026

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Sea Ltd Earnings Update: Q3 2026

Sea Ltd reported Q3 2026 revenue of $8.6 billion, up 43.4% year over year, while net income rose 34.0%.

SE $48B
SixSigmaCapital: Navigating the Financial Markets 4 clicks

From X

@aleabitoreddit 1 click

Serenity on X

$LITE standalone would likely be up on earnings after their new $5B CPO/NPO announcement (separate from $NVDA). The margins on that are likely 60%+… which shows how profitable laser players would be at scale. (Greensboro alone would be $5B revenue/year) In terms of the $MRVL deal: - Extremely positive for Marvell strategically. Also makes remaining laser players very valuable - $LITE shareholders can cry though about the 1+ year overhang until deal goes through in 2028. There’s less independent price discovery as well since a lot of it will be pegged around 4.5 Marvell shares : 1 - I think Lumentum shareholders probably would be happier if Marvell shares didn’t crash before the deal was announced.. since it was originally valuing $LITE at $115B with a 23.9% premium. - Marvell dropping does show the downside of the deal straight away though, if it rose then $LITE shareholders might be a tad happier given valuation. Having a fixed dollar MC value floor probably would have been better than the 4.5x:1 ratio. There was a lot of long $LITE, short ___ pressuring other photonics valuations, so at least those trade pairs might unwind now
@SouthernValue95

SouthernValue on X

The Anthropic S1/A should ease concerns over the risk of Anthropic backlog exposure for $AMZN $GOOG $AVGO: +$132B of cash and investments +$82B of undrawn loans +$50B run-rate revenue less non-compute cash costs +$100B IPO proceeds Against that, they must fund: -$70B compute due in the NTM, and -$447B over the next 4yrs. If Anthropic revenue is flat from here, they could still amply fund opex and compute commits in the next 4yrs with ~$60-70B to spare.

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Airbnb 3Q26: Business Update

Airbnb’s 3Q26 revenue rose 19% to $4.9 billion as nights and seats grew 16%, with app bookings up 29% and Reserve Now Pay Later adding…

ABNB $111B
Speedwell Memos 2 clicks

Research update

S&P Global research will assess Platts, Kensho and ratings growth; Benefit Systems’ 72% YTD rally changed its valuation, while Netflix and…

SPGI $136BICE $96B
Global Outperformers 3 clicks

Monte Investments Market Brief Vol. CXXXV

Quanta Services’ backlog rose 63% year over year to $64 billion as shares fell 30%, while AI power and data-center construction demand…

PWR $77B
Monte Independent Investment Research 2 clicks

No title

SpaceX’s $24 billion Starbase power plant, Microsoft’s Oracle capacity cuts, Riot’s $72 billion AI lease and Quanta’s sell-off frame…

PWR $77BORCL $363B
Monte Independent Investment Research 3 clicks

Insider activity October 2026

Asian insider buying reached $2.9 billion in October, the highest since 2018, with South Korea and Thailand leading.

BKRKY $23B
Asian Century Stocks 2 clicks

Quick Value #337 - Dana Inc (DAN)

Dana is combining with Eaton’s Mobility unit via a 1Q27 Reverse Morris Trust after selling a division, delevering and accelerating buybacks.

ETN $141B
Value Don't Lie 3 clicks

Roblox: Capture This Moment

Roblox’s Q3 FY26 DAUs fell year over year for the first time, while bookings declined 12% to $1.7 billion.

RBLX $35B
TSOH Investment Research 2 clicks

DoorDash and Google

DoorDash and Google.

DASH $79B
Stratechery by Ben Thompson – On the business, strategy, and impact of technology. 8 clicks

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