TCW Funds, an investment management firm, published its first-quarter 2026 investor letter for the 'TCW Concentrated Large Cap Growth Fund.' A copy of the letter is available to download here. The first quarter was marked by volatility in equity markets, driven by geopolitical tensions, concerns about the private credit sector, a government shutdown, and ongoing AI concerns. During this period, Th...
TCW Funds, an investment management firm, published its first-quarter 2026 investor letter for the 'TCW Concentrated Large Cap Growth Fund.' A copy of the letter is available to download here. The first quarter was marked by volatility in equity markets, driven by geopolitical tensions, concerns about the private credit sector, a government shutdown, and ongoing AI concerns. During this period, The Fund (I Share) reported a net loss of 11.75%, lagging behind the Russell 1000 Growth Index return of -9.78%. The Fund considers the market's broadening as a healthy sign and remains confident that the market will eventually recognize the portfolio's intrinsic value. Please review the Fund’s top five holdings to gain insights into their key selections for 2026. In its first-quarter 2026 investor letter, TCW Concentrated Large Cap Growth Fund highlighted Palantir Technologies Inc. (NASDAQ:PLTR) as a newly added position. Palantir Technologies Inc. (NASDAQ:PLTR) is a software company that develops and deploys software platforms to help the intelligence community. On May 19, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) closed at $135.26 per share. One-month return of Palantir Technologies Inc. (NASDAQ:PLTR) was -11.37%, and its shares gained 12.17% over the past 52 weeks. Palantir Technologies Inc. (NASDAQ:PLTR) has a market capitalization of $324.26 billion. TCW Concentrated Large Cap Growth Fund stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q1 2026 investor letter:
TCW Funds, an investment management firm, published its first-quarter 2026 investor letter for the 'TCW Concentrated Large Cap Growth Fund.' A copy of the letter is available to download here. The first quarter was marked by volatility in equity markets, driven by geopolitical tensions, concerns about the private credit sector, a government shutdown, and ongoing AI concerns. During this period, Th...
TCW Funds, an investment management firm, published its first-quarter 2026 investor letter for the 'TCW Concentrated Large Cap Growth Fund.' A copy of the letter is available to download here. The first quarter was marked by volatility in equity markets, driven by geopolitical tensions, concerns about the private credit sector, a government shutdown, and ongoing AI concerns. During this period, The Fund (I Share) reported a net loss of 11.75%, lagging behind the Russell 1000 Growth Index return of -9.78%. The Fund considers the market's broadening as a healthy sign and remains confident that the market will eventually recognize the portfolio's intrinsic value. Please review the Fund’s top five holdings to gain insights into their key selections for 2026. In its first-quarter 2026 investor letter, TCW Concentrated Large Cap Growth Fund highlighted Palantir Technologies Inc. (NASDAQ:PLTR) as a newly added position. Palantir Technologies Inc. (NASDAQ:PLTR) is a software company that develops and deploys software platforms to help the intelligence community. On May 19, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) closed at $135.26 per share. One-month return of Palantir Technologies Inc. (NASDAQ:PLTR) was -11.37%, and its shares gained 12.17% over the past 52 weeks. Palantir Technologies Inc. (NASDAQ:PLTR) has a market capitalization of $324.26 billion. TCW Concentrated Large Cap Growth Fund stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q1 2026 investor letter:
Suppachok Nuthep/iStock via Getty Images Investment Thesis The key reason why I really like Duos Technologies Group ( DUOT ) is how dramatically misaligned the perception vs. reality. Currently, the stock is perceived as a struggling rail technology company, whereas, underneath the hood, Duos Technologies is transitioning towards becoming a high-growth modular AI infrastructure operator and GPU co...
Suppachok Nuthep/iStock via Getty Images Investment Thesis The key reason why I really like Duos Technologies Group ( DUOT ) is how dramatically misaligned the perception vs. reality. Currently, the stock is perceived as a struggling rail technology company, whereas, underneath the hood, Duos Technologies is transitioning towards becoming a high-growth modular AI infrastructure operator and GPU colocation provider in Nvidia ( NVDA ) ecosystems. In my opinion, this perception risk provides the asymmetric opportunity set here. First, Duos Technologies Group is still relatively undiscovered microcap lacking much institutional coverage. Second, the company already started to sign AI infrastructure contracts and is ramping up megawatts-scale deployments. With continued execution, the framework for evaluation could start to shift away from legacy rail story. Q1 Looked Weak But Actual Transition Picked Up Speed After seeing the current quarter results of Duos Technologies, the first impression that comes to mind is that the firm did not do well in the quarter. Revenues fell 45% to $2.7 million and the loss was close to $3.5 million. Those figures look very worrying on the surface. In my view, however, they fail to capture the essence of the underlying transition that is underway. Data by YCharts What actually happened is that the company decided to unwind legacy APR Energy asset management agreement and exit the rail business altogether. Essentially, management is unwinding the older and slower businesses, replacing them with new growth platforms based on AI Infrastructure and edge data centers. This will temporarily drag down revenues as the new higher quality infrastructure revenues become material. Notably, despite the decrease in revenues, gross margins jumped by a whopping 32.5 percentage points from 26.5% in 2022 to nearly 59%. Margin expansion is probably the most critical point of the entire earning report, indicating that the revenue composition shifted to higher ...
AI Purge Accelerates: Intuit Reportedly Slashing 17% Of Workforce Intuit, the company that owns TurboTax, QuickBooks, Credit Karma, and Mailchimp, is reportedly preparing to lay off a staggering 17% of its workforce according to Reuters , which cites an internal memo. INTUIT TO LAY OFF 17% OF WORKFORCE: MEMO Initial claims about to print new record low — zerohedge (@zerohedge) May 20, 2026 Details...
AI Purge Accelerates: Intuit Reportedly Slashing 17% Of Workforce Intuit, the company that owns TurboTax, QuickBooks, Credit Karma, and Mailchimp, is reportedly preparing to lay off a staggering 17% of its workforce according to Reuters , which cites an internal memo. INTUIT TO LAY OFF 17% OF WORKFORCE: MEMO Initial claims about to print new record low — zerohedge (@zerohedge) May 20, 2026 Details are scant at the moment regarding the reason for the layoffs, but CEO Sasan Goodarzi sent an email to staff earlier in the day, saying that reducing complexity and simplifying the structure would help it deliver better products , to streamline operations and sharpen focus on its key bets including its AI efforts . The company has signed multi-year deals with AI startups Anthropic and OpenAI to integrate their AI models into its software and add Intuit's personalized tax, finance, accounting and marketing capabilities into Claude and ChatGPT. Bloomberg data shows Intuit's total workforce was around 18,200 in mid-2025. If those figures are still accurate, the layoffs could affect upwards of 3,000 employees. As of Tuesday's close, Intuit shares were down nearly 40% on the year amid AI fears disrupting the software stocks. Shares are down 2% in premarket trading. Analysts are mostly bullish… Related: Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor The last day for impacted staff at Intuit in the United States will be July 31 and they will receive 16 weeks of base pay and two extra weeks for every year at Intuit as part of the severance package, the memo on Wednesday showed. Tyler Durden Wed, 05/20/2026 - 09:35
Key Points Marvell Technology's growth rate is likely to accelerate as the year progresses. Marvell's new designs, which will go into production in the coming years, should help sustain its impressive momentum. Marvell Technology is expected to capture a significant share of the custom AI market over the long term, paving the way for solid upside in the stock price. 10 stocks we like better than M...
Key Points Marvell Technology's growth rate is likely to accelerate as the year progresses. Marvell's new designs, which will go into production in the coming years, should help sustain its impressive momentum. Marvell Technology is expected to capture a significant share of the custom AI market over the long term, paving the way for solid upside in the stock price. 10 stocks we like better than Marvell Technology › Marvell Technology (NASDAQ: MRVL) has been a top performer on the stock market in 2026, rising an incredible 107% as of this writing. This impressive rally in Marvell stock has been fueled by the growing shift toward custom artificial intelligence (AI) processors, which are used by hyperscalers and AI companies to run inference workloads cost-effectively in data centers. You may be wondering why I think that this tech stock could be one of the best buys of this summer, following its phenomenal gains. That's because Marvell is scratching the surface of a tremendous growth opportunity, and its upcoming results are likely to give the stock a nice shot in the arm. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Marvell Technology's growth trajectory is likely to improve Marvell will release its fiscal 2027 first-quarter results on May 27. The company is anticipating $2.4 billion in revenue along with adjusted earnings of $0.79 per share. That points toward a year-over-year increase of 27% in revenue, along with an identical increase in the bottom line. However, there is a good chance that Marvell's revenue and earnings will exceed expectations. That's because the strong demand for Marvell's data center processors encouraged the company to significantly increase its guidance in March. It increased its fiscal 2027 revenue guidance to $11 billion from an earlier estimate of $9.5 billion, issu...
Key Points The geopolitical conflict in the Middle East has upended global oil markets. The price of oil is driven by a mix of physical realities and emotions. 10 stocks we like better than Enterprise Products Partners › Energy industry executives continue to warn that investors are underestimating the impact of the ongoing geopolitical conflict in the Middle East. That may be true, but it's just ...
Key Points The geopolitical conflict in the Middle East has upended global oil markets. The price of oil is driven by a mix of physical realities and emotions. 10 stocks we like better than Enterprise Products Partners › Energy industry executives continue to warn that investors are underestimating the impact of the ongoing geopolitical conflict in the Middle East. That may be true, but it's just another sign that investors are reacting emotionally. That's not unusual on Wall Street and suggests that a breakthrough in the ongoing negotiations between the United States and Iran could lead to a swift decline in oil prices. What should you do to protect against this outcome? Leaning into oil prices could be a mistake If you are looking to leverage oil price moves, the best choice is likely an upstream oil and gas producer. A solid option is Devon Energy (NYSE: DVN). The company is U.S.-based, too, so its production hasn't been impacted by the conflict in the Middle East. It simply benefits from the higher energy prices created by the conflict. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The problem is that it will also suffer directly when oil prices eventually fall, as they always have historically after large price spikes. If you want oil exposure, but want to soften the blow of an eventual oil price retreat, a diversified integrated energy company like Chevron (NYSE: CVX) will probably be your best bet. Chevron won't completely avoid the impact of falling oil prices, but the company's midstream (pipeline) and downstream (chemicals and refining) operations should help to soften the blow. The real hedge is the midstream That said, the big investment winner from this difficult period could be North American midstream businesses, such as Enterprise Products Partners (NYSE: EPD), Energy Transfer (N...
Baris-Ozer/iStock via Getty Images Investment Thesis Alphabet Inc. ( GOOG ) just wrapped up day #1 of its fantastic Google I/O conference yesterday, and the event should will catapult Google further as an AI leader unlike anyone’s expectations. The announcements broadly ranged from new models, refreshed AI products & pricing menus, a couple of hardware devices, and fresh new tools to help users in...
Baris-Ozer/iStock via Getty Images Investment Thesis Alphabet Inc. ( GOOG ) just wrapped up day #1 of its fantastic Google I/O conference yesterday, and the event should will catapult Google further as an AI leader unlike anyone’s expectations. The announcements broadly ranged from new models, refreshed AI products & pricing menus, a couple of hardware devices, and fresh new tools to help users in the creative world use more of Google’s AI services. But nothing stood out to me more than Google’s entirely new approach to disrupt the core foundation of its existence—Search. Google showed yesterday how it has aggressively innovated to give its YouTube Search product platforms a new pair of wings that robustly positions these platforms in the age of consumer AI. I am extremely pleased with the Google I/O event and believe this event is a radical new catalyst for Alphabet’s shares in the inference era of the age of AI. I am upgrading my outlook on Alphabet’s shares further to a Strong Bullish rating. 3 Catalyzing Announcements From Google I/O I've been following Alphabet extremely closely over the past few months, especially after noticing ho intensely competitive the company was getting in the enterprise cloud market. That, too, on a relatively lower capex budget as compared to its peers. In my view, yesterday’s Google I/O event took things up quite a few notches on both the consumer and enterprise sides of their business. I’ve highlighted 3 game-changing announcements from day #1 of the event that alter the reality of Alphabet’s outlook. First: the broad-based launch and refresh of newer AI models It started with a tighter focus on Google’s AI model strategy around Gemini. Google officially unwrapped Gemini 3.5, the latest iteration of Google’s AI models, which includes Gemini Flash 3.5, the lightweight version. Google also launched Gemini Omni , a new family of multimodal models that, in my opinion, appears to be a consolidation of Google’s prior isolated models like ...
Baris-Ozer/iStock via Getty Images Investment Thesis Alphabet Inc. ( GOOG ) just wrapped up day #1 of its fantastic Google I/O conference yesterday, and the event should will catapult Google further as an AI leader unlike anyone’s expectations. The announcements broadly ranged from new models, refreshed AI products & pricing menus, a couple of hardware devices, and fresh new tools to help users in...
Baris-Ozer/iStock via Getty Images Investment Thesis Alphabet Inc. ( GOOG ) just wrapped up day #1 of its fantastic Google I/O conference yesterday, and the event should will catapult Google further as an AI leader unlike anyone’s expectations. The announcements broadly ranged from new models, refreshed AI products & pricing menus, a couple of hardware devices, and fresh new tools to help users in the creative world use more of Google’s AI services. But nothing stood out to me more than Google’s entirely new approach to disrupt the core foundation of its existence—Search. Google showed yesterday how it has aggressively innovated to give its YouTube Search product platforms a new pair of wings that robustly positions these platforms in the age of consumer AI. I am extremely pleased with the Google I/O event and believe this event is a radical new catalyst for Alphabet’s shares in the inference era of the age of AI. I am upgrading my outlook on Alphabet’s shares further to a Strong Bullish rating. 3 Catalyzing Announcements From Google I/O I've been following Alphabet extremely closely over the past few months, especially after noticing ho intensely competitive the company was getting in the enterprise cloud market. That, too, on a relatively lower capex budget as compared to its peers. In my view, yesterday’s Google I/O event took things up quite a few notches on both the consumer and enterprise sides of their business. I’ve highlighted 3 game-changing announcements from day #1 of the event that alter the reality of Alphabet’s outlook. First: the broad-based launch and refresh of newer AI models It started with a tighter focus on Google’s AI model strategy around Gemini. Google officially unwrapped Gemini 3.5, the latest iteration of Google’s AI models, which includes Gemini Flash 3.5, the lightweight version. Google also launched Gemini Omni , a new family of multimodal models that, in my opinion, appears to be a consolidation of Google’s prior isolated models like ...
The report says that services were unaware "of the extent of the [adults'] capacity to manipulate and deceive". However, assessments did not take account of the youngsters' experiences or evidence that their needs were not being met.
The report says that services were unaware "of the extent of the [adults'] capacity to manipulate and deceive". However, assessments did not take account of the youngsters' experiences or evidence that their needs were not being met.
TLDR Astera Labs stock surged more than 16%, trading as high as $255.96, after bullish Wall Street commentary on AI inference demand. Evercore ISI raised its price target to $297 from $215, maintaining an “Outperform” rating. Revenue grew 93% year over year to $308.4 million in Q1, with Q2 guidance set at $355–$365 million. The company’s Scorpio fabric switch chips are now shipping commercially, t...
TLDR Astera Labs stock surged more than 16%, trading as high as $255.96, after bullish Wall Street commentary on AI inference demand. Evercore ISI raised its price target to $297 from $215, maintaining an “Outperform” rating. Revenue grew 93% year over year to $308.4 million in Q1, with Q2 guidance set at $355–$365 million. The company’s Scorpio fabric switch chips are now shipping commercially, targeting AI networking bottlenecks. Institutional interest is growing, but insiders have sold over $211 million in stock over the past 90 days. Astera Labs stock surged more than 16% on Tuesday, with the stock touching $255.96 before settling near $251.28 in afternoon trading. The move came after a wave of bullish analyst commentary and upbeat remarks from management at the JP Morgan technology conference. Astera Labs, Inc. Common Stock, ALAB Evercore ISI was the headline act, lifting its price target to $297 from $215 while keeping its “Outperform” rating. The firm said industry checks point to AI inference becoming a major spending focus for hyperscale cloud providers by late 2026. Inference — the process of running a trained AI model — is increasingly seen as a different cost challenge than training. It puts a premium on networking efficiency and cost-per-token economics, which is where Astera sits. CEO Jitendra Mohan laid out the company’s growth at the JP Morgan conference. Revenue has climbed from around $65 million at its March 2024 IPO to $308 million in the most recent quarter. EPS moved from roughly $0.10 to $0.61 over the same stretch. Mohan pitched the company as the “Switzerland of connectivity,” supporting both Nvidia GPU platforms and custom AI accelerators (ASICs) from hyperscalers. It’s a deliberately neutral positioning in a market where allegiances shift fast. Scorpio Chips Step Into the Spotlight The Scorpio product family is getting a lot of attention. These are fabric switch chips designed to move data efficiently between AI processors — essentially th...
Elon Musk’s visionary projects have been sparking some huge conversations in the AI world in recent months. Whether it’s the orbital AI data centers, which were given a massive vote of confidence following the recent Google (whose parent company is Alphabet (NASDAQ:GOOGL)) deal with SpaceX, as well as Nvidia (NASDAQ:NVDA) after it announced its space ... Elon Musk’s Terafab Could Ultimately Cost $...
Elon Musk’s visionary projects have been sparking some huge conversations in the AI world in recent months. Whether it’s the orbital AI data centers, which were given a massive vote of confidence following the recent Google (whose parent company is Alphabet (NASDAQ:GOOGL)) deal with SpaceX, as well as Nvidia (NASDAQ:NVDA) after it announced its space ... Elon Musk’s Terafab Could Ultimately Cost $119 Billion — Why That Might Be Money Well Spent
For years, owners of Vizio smart TVs have had little control over the software running on their sets—software that can track viewing habits, push ads, and generally shape the experience of using the device. The Software Freedom Conservancy (SFC), a US nonprofit that promotes and provides legal support for free and open source software projects, isn't happy about that—so much so that it has spent e...
For years, owners of Vizio smart TVs have had little control over the software running on their sets—software that can track viewing habits, push ads, and generally shape the experience of using the device. The Software Freedom Conservancy (SFC), a US nonprofit that promotes and provides legal support for free and open source software projects, isn't happy about that—so much so that it has spent eight years trying to force the release of the complete source code for Vizio's Linux-based smart TV operating system. Now, after numerous delays since the SFC filed suit in 2021, a California jury will decide in August whether Vizio must provide that code in executable form to SFC and any Vizio TV owner who wants it. Read full article Comments