Nutthaseth Vanchaichana/iStock via Getty Images Dear Partner: Arquitos Epicus returned 43.9% net of fees and expenses in 2025. Individual returns may vary based on timing of investment. Please check your statement for specific results. Annualized One Year Three Year Since Inception Arquitos Epicus ( NET ) 43.9% 16.2% 10.4% Arquitos Epicus (Gross) 47.0% 19.2% 12.8% *Founded August 1, 2022 Click to ...
Nutthaseth Vanchaichana/iStock via Getty Images Dear Partner: Arquitos Epicus returned 43.9% net of fees and expenses in 2025. Individual returns may vary based on timing of investment. Please check your statement for specific results. Annualized One Year Three Year Since Inception Arquitos Epicus ( NET ) 43.9% 16.2% 10.4% Arquitos Epicus (Gross) 47.0% 19.2% 12.8% *Founded August 1, 2022 Click to enlarge The idea for Arquitos Epicus came from the following question: How would I invest my own money with no outside investors, no specific timing realization demands, no outside noise and no emotion. The goal is to make the highest possible returns with the least amount of risk with no concerns about volatility or concentration limits. The result is Epicus, which is designed to exploit asymmetric, event-driven opportunities where patience is our greatest edge. Epicus is inspired by Stanley Druckenmiller's approach, "It's not whether you're right or wrong. It's how much money you make when you're right, and how much you lose when you're wrong." The fund is akin to a Special Purpose Vehicle. We only formally report results and commentary once per year precisely because I do not want limited partners thinking about their investment in the fund. I would like for outside investors to set the investment aside and assess the strategy and results over a market cycle. Extreme volatility over short time periods are irrelevant, and inevitable given the concentration levels. But, of course, stock price movements do not always reflect reality. Our three current positions and their position sizes as of December 31, 2025 are below: 1. Liquidia Corporation call options – Approximately 45% of the portfolio 2. Finch Therapeutics equity – Approximately 43% of the portfolio 3. Nam Tai Property equity – Approximately 12% of the portfolio We entered the year with three other small positions making up approximately 7% of the portfolio. I exited those positions earlier in 2025. Returns from tho...
習近平視像會晤普京 指應就雙邊發展制訂宏大計劃 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國家主席習近平在北京人民大會堂與俄羅斯總統普京視像會晤。 習近平表示中俄關係正朝著正確方向發展，兩國應就雙邊關係發展制...
習近平視像會晤普京 指應就雙邊發展制訂宏大計劃 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國家主席習近平在北京人民大會堂與俄羅斯總統普京視像會晤。 習近平表示中俄關係正朝著正確方向發展，兩國應就雙邊關係發展制訂宏大計劃。普京表示在當前全球動盪局勢下，俄中關係是穩定因素堪稱典範，雙方在能源合作互利共贏具有戰略意義。普京同時祝賀中國將迎接農曆新年。
Key Points Nvidia is, by far, the dominant maker of artificial intelligence (AI) chips and related technology. So, when large companies in the AI space report strong demand for their AI-related products, this is a positive for Nvidia. Palantir Technologies and Teradyne just reported fourth-quarter results that sprinted by Wall Street's estimates. 10 stocks we like better than Nvidia › Nvidia(NASDA...
Key Points Nvidia is, by far, the dominant maker of artificial intelligence (AI) chips and related technology. So, when large companies in the AI space report strong demand for their AI-related products, this is a positive for Nvidia. Palantir Technologies and Teradyne just reported fourth-quarter results that sprinted by Wall Street's estimates. 10 stocks we like better than Nvidia › Nvidia(NASDAQ: NVDA) is, by far, the dominant maker of artificial intelligence (AI) chips and related technology. Indeed, the AI revolution is largely being fueled by the company's AI-enabling hardware, software, and tools. So, when large companies in the AI space report powerful demand for their AI-related products, this is a positive for Nvidia. That's because these companies are almost always Nvidia partners and/or customers – directly or indirectly. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » This is the case with both Palantir Technologies(NASDAQ: PLTR) and Teradyne(NASDAQ: TER), which both reported great fourth-quarter results after the market close on Monday. Both stocks had substantial gains on Tuesday. Palantir's quarterly results Palantir is an AI-powered data analytics company serving both government and commercial customers, and its growth – which was already powerful – accelerated in the quarter. It's an Nvidia partner and incorporates Nvidia's graphics processing units (GPUs) and other tech into its AI-driven platform. In the fourth quarter, Palantir's revenue soared 70% year over year to $1.41 billion. Growth was driven by U.S. commercial revenue skyrocketing 137% to $507 million and U.S. government revenue jumping 66% to $570 million. Adjusted earnings per share (EPS) surged 79% to 0.25. Moreover, management provided 2026 revenue guidance of 61% annual growth. The quarter's results and guidance easily beat Wall Street's estimates. Palantir stock ...
Astera Labs, Inc. (NASDAQ:ALAB) is one of the 10 best NASDAQ growth stocks to buy for the next 10 years. Investors are liking the progress on Astera Labs, Inc.’s (NASDAQ:ALAB) product roadmap. ALAB announced significant updates to its Scorpio X-Series line on January 23. The development highlights the company’s continued focus on addressing the evolving needs of the growing AI infrastructure marke...
Astera Labs, Inc. (NASDAQ:ALAB) is one of the 10 best NASDAQ growth stocks to buy for the next 10 years. Investors are liking the progress on Astera Labs, Inc.’s (NASDAQ:ALAB) product roadmap. ALAB announced significant updates to its Scorpio X-Series line on January 23. The development highlights the company’s continued focus on addressing the evolving needs of the growing AI infrastructure market and hyperscale data centers. The updated ScorpioX-Series, developed in collaboration with hyperscalers, will feature increased radix support, allowing the systems to accommodate a broader range of cluster sizes. This flexibility enables hyperscalers to optimize infrastructure and workloads for their specific needs, rather than relying on one-size-fits-all solutions. Additionally, the series will include protocols tailored to individual hyperscale platforms. These protocols are designed to remove integration barriers and facilitate smooth deployment. Moreover, Astera Labs, Inc. (NASDAQ:ALAB) is also introducing other advanced capabilities, including in-network computing, hypercast technology, and optical connectivity. In-network computing enhances performance as it allows data-intensive tasks to move directly from GPUs to the fabric switch. These advancements are aimed at providing hyperscalers with the flexibility required for complex AI workloads and enabling multi-rack deployments. Chief Business Officer at Astera Labs, Thad Omura, commented: As hyperscalers scale to larger cluster sizes and deploy more complex AI workloads, they need flexible connectivity portfolios that can address varied architectural approaches—not one-size-fits-all solutions. The market opportunity is substantially larger than we initially anticipated, encompassing multiple device configurations, connectivity modalities, and protocol requirements. We’re accelerating our development efforts across the Scorpio X-Series to serve this expanded opportunity and deliver the purpose-built solutions the mar...
(RTTNews) - Indian shares are seen opening little changed on Wednesday after ending on a buoyant note the previous day. Optimism over the India-U.S. trade deal and resumption of FII buying in the cash market may keep underlying sentiment supported somewhat in the wake of mostly weak global cues. In a press briefing on Tuesday, Union Minister of Commerce and Industry Piyush Goyal stated that sensit...
(RTTNews) - Indian shares are seen opening little changed on Wednesday after ending on a buoyant note the previous day. Optimism over the India-U.S. trade deal and resumption of FII buying in the cash market may keep underlying sentiment supported somewhat in the wake of mostly weak global cues. In a press briefing on Tuesday, Union Minister of Commerce and Industry Piyush Goyal stated that sensitive agricultural products and the dairy sector have been kept protected under the India-U.S. trade deal. Benchmark indexes Sensex and Nifty jumped around 2.5 percent each on Tuesday after U.S. President Donald Trump unveiled a trade deal with India, helping ease tariff-related concerns that have weighed on domestic markets for months. The Indian rupee jumped 122 paise to close at 90.27 against the dollar after Moody's Ratings said the reduction of the U.S. tariff rate on most Indian goods is credit positive for labor-intensive sectors such as gems, jewelry, textiles and apparel. Moody's also said that India is unlikely to cease all Russian oil purchases immediately, but a complete shift toward non-Russian oil could tighten supply elsewhere, raise prices and pass through to higher inflation given that India is one of the world's largest oil importers. Foreign institutional investors (FIIs) returned to Dalal Street in a big way on Tuesday, snapping a prolonged selling streak with their largest single-day purchase since October 28, 2025. FIIs bought shares worth Rs. 5,426 crore in the cash market on Tuesday, while domestic institutional investors (DIIs) bought shares to the tune of Rs. 345 crore, as per exchange data. U.S. stocks fell from near-record levels overnight amid a rotation out of technology stocks into economically sensitive shares. European markets ended on a flat note, giving up early gains, while Asian markets traded mixed this morning. Ahead of a busy week of earnings from top companies, including Google and Amazon, Advanced Micro Devices forecast a slight decli...
Earnings Call Insights: The Clorox Company (CLX) Q2 2026 Management View CEO Linda Rendle stated that "we entered the year knowing the first half would be challenging given the volatile macroeconomic environment and the temporary impacts of our ERP implementation," but emphasized that results were "largely in line with our expectations." Rendle highlighted the advancement of the company's digital ...
Earnings Call Insights: The Clorox Company (CLX) Q2 2026 Management View CEO Linda Rendle stated that "we entered the year knowing the first half would be challenging given the volatile macroeconomic environment and the temporary impacts of our ERP implementation," but emphasized that results were "largely in line with our expectations." Rendle highlighted the advancement of the company's digital transformation, execution enhancements, and the planned acquisition of GOJO Industries as a "decisive step to expand our leadership in health and hygiene and unlock long-term growth opportunities." Rendle indicated optimism about the future, noting, "There's more work to do, but we're optimistic about our future." Executive VP & CFO Luc Bellet explained, "We ended up, I think, about a point of favorability due to higher-than-expected-shipments ahead of consumption on a few different businesses. And we'll expect that it will reverse in the third quarter...the main one was some higher shipments related to the final phase of ERP implementations." Outlook Rendle reaffirmed expectations for category growth in the "0% to 1% range" for the back half of the year and projected "stronger share performance based on our plans." Innovation is a focal point for the remainder of the fiscal year, with Rendle noting, "For our back half, it is heavily weighted towards launching innovation across all of our major brands." Most shelf resets and significant impact from these innovations are expected "in the back half of Q3 or early Q4." Bellet confirmed, "Our projected cost savings run rate is a little higher in the back half than in the front half," and expects gross margin "will be expanding in the back half, and it's been contracting in the front half." The company expects price mix to be a "little bit of a headwind, probably about 1% or so for the full year." Financial Results Bellet stated, "We incurred incremental expenses in the front half as we stabilized and optimized our service level...
Earnings Call Insights: Amcor plc (AMCR) Q2 2026 Management View CEO Peter Konieczny highlighted the company’s transformative progress following the acquisition of Berry, describing it as having “created a global leader in consumer packaging and dispensing solutions.” He noted that “our financial performance in the second quarter was in line with the expectations we set out in October, maintaining...
Earnings Call Insights: Amcor plc (AMCR) Q2 2026 Management View CEO Peter Konieczny highlighted the company’s transformative progress following the acquisition of Berry, describing it as having “created a global leader in consumer packaging and dispensing solutions.” He noted that “our financial performance in the second quarter was in line with the expectations we set out in October, maintaining momentum toward our full year objectives.” The CEO reiterated the company’s near-term priorities: delivering on the core business, accelerating synergy realization, and advancing portfolio optimization. Konieczny reported, “Adjusted EPS was up 7% for the quarter and 14% for the first half,” driven by synergy benefits offsetting lower volumes. He emphasized, “Synergies were at the upper end of our guidance range, with benefits accelerating to $55 million in Q2 and totaling $93 million for the first half.” The CEO reaffirmed fiscal 2026 guidance, updating adjusted EPS expectations to “$4 to $4.15 per share to reflect the recent 1 for 5 reverse stock split.” He also stated, “We remain on track to deliver double-digit EPS growth in fiscal 2026 and to double free cash flow versus fiscal 2025.” Portfolio optimization is advancing, with “meaningful progress evaluating alternatives for our $2.5 billion of noncore businesses, including the North American beverage business.” CFO Stephen Scherger said, “In my first few months at Amcor, I've had the opportunity to meet teams from across the organization and around the world, gaining a deeper understanding of the operational and strategic priorities that will drive and shape significant value creation for years to come.” He added, “Sales for the [Flexible Packaging] segment increased 23% on a constant currency basis, driven primarily by the Berry acquisition.” Outlook Management reaffirmed full year adjusted EPS guidance of $4 to $4.15 per share, reflecting the reverse stock split. The expected year-over-year adjusted EPS growth is 12%...
Earnings Call Insights: Aviat Networks (AVNW) Q2 2026 Management View Pete Smith, President and CEO, opened by highlighting "highest second quarter bookings in the last 10 years," total revenues of $111.5 million, adjusted EBITDA of $11.3 million, non-GAAP EPS of $0.54, and positive cash from operations of $23.9 million. Smith stated the company "has increased total revenues by 5.9%, reduced our n...
Earnings Call Insights: Aviat Networks (AVNW) Q2 2026 Management View Pete Smith, President and CEO, opened by highlighting "highest second quarter bookings in the last 10 years," total revenues of $111.5 million, adjusted EBITDA of $11.3 million, non-GAAP EPS of $0.54, and positive cash from operations of $23.9 million. Smith stated the company "has increased total revenues by 5.9%, reduced our non-GAAP operating expenses by $3.7 million, increased both our GAAP and non-GAAP earnings per share by over $1 and increased adjusted EBITDA by $13.2 million" for the first half of fiscal 2026. Smith emphasized Aviat's leadership in private networks and referenced the recent launch of the Aprisa LTE 5G router, targeting police, fire, and emergency vehicles. He said this "opens an entirely new segment for Aviat worth approximately $1.6 billion today," and announced an initial order with several trials in progress. The CEO disclosed an initial purchase order from a U.S. Tier 1 provider for Aviat's multi-dwelling unit (MDU) solution, which enables fixed wireless access Internet. Smith described this as "a significant step in capturing and monetizing a new market segment that Aviat has been pursuing for several years." On BEAD (Broadband Equity Access and Deployment Fund), Smith stated Aviat will "keep any impact from the program out of the company's fiscal guidance until we have clarity on the timing" but expects impact in fiscal 2027 and noted fixed wireless access is capturing "on average between 10% and 15% of locations served by BEAD." Smith introduced Andrew Schmidt as the new CFO, highlighting his "over 20 years of public company CFO experience" and alignment with Aviat's growth strategy in public safety and software. CFO Andrew Schmidt stated, "For the second quarter, we reported total revenues of $111.5 million as compared with $118.2 million for the same period last year. Importantly, revenues for the 6-month period were $218.8 million, up $12.2 million or 5.9% versus...