MSTR

The market expects Strategy (MSTR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This business software company is expected to post quarterly earnings of $21.50 per share in its upcoming report, which represents a year-over-year change of +155.3%. Revenues are expected to be $130.4 million, up 1.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.01% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Strategy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -104.19%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Strategy will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Strategy would post earnings of $52.04 per share when it actually produced a loss of -$24.45, delivering a surprise of -146.98%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Strategy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. NewtekOne (NEWT), another stock in the Zacks Financial - Miscellaneous Services industry, is expected to report earnings per share of $0.4 for the quarter ended September 2026. This estimate points to a year-over-year change of -40.3%. Revenues for the quarter are expected to be $74.93 million, down 0% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for NewtekOne has been revised 16% down to the current level. Nevertheless, the company now has an Earnings ESP of +12.50%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #5 (Strong Sell), makes it difficult to conclusively predict that NewtekOne will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strategy Inc (MSTR) : Free Stock Analysis Report NewtekOne, Inc. (NEWT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q3 2026 investor letter for its "Large Cap Strategy". The letter can be downloaded here. The Strategy returned 3.18% (net of fees) in the quarter, outperforming the 2.61% return of the Russell 1000 Value Index. Key positive contributors included stock selection in information technology, an underweight in utilities, and an overweight in energy, while detractors were found in industrials, health care, and consumer staples. Looking ahead, the firm anticipates below-average returns due to high equity market valuations, although attractive bottom-up investment opportunities remain. Notably, software and legacy technology stocks outperformed in Q3 2026, despite recent index exclusions; some AI-related stocks that had boosted the index previously underperformed. Additionally, reviewing the Strategy's top five holdings provides insight into its best positions for 2026. In its Q3 2026 investor letter, Diamond Hill Large Cap Strategy highlighted Carrier Global Corporation (NYSE:CARR). Carrier Global Corporation (NYSE:CARR) is an intelligent climate and energy solutions provider that operates through Heating, Ventilating, and Air Conditioning (HVAC) and Refrigeration segments. On October 16, 2026, Carrier Global Corporation (NYSE:CARR) closed at $55.00, with a $45.34 billion market capitalization. Carrier Global Corporation (NYSE:CARR) is up 4.09% YTD, trading within a 52-week range of $50.24 to $76.76. Diamond Hill Large Cap Strategy stated the following regarding Carrier Global Corporation (NYSE:CARR) in its Q3 2026 investor letter: "Carrier Global Corporation (NYSE:CARR), a provider of residential and commercial HVAC, underperformed following mixed results after better-than expected revenue growth was offset by weaker margins amid tariffs and inflation. Shares were also pressured by concerns surrounding the sustainability of data center spending and higher interest rates delaying a residential HVAC recovery. Despite near-term headwinds, we believe Carrier is well positioned to gain market share and improve margins long term." Carrier Global Corporation (NYSE:CARR) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 58 hedge fund portfolios held Carrier Global Corporation (NYSE:CARR) at the end of the second quarter, which was 47 in the previous quarter. While we acknowledge the potential of Carrier Global Corporation (NYSE:CARR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In a previous article, we analyzed the potential impact of Carrier Global Corporation's (NYSE:CARR) acquisition of 75F. In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. This article is originally published at Insider Monkey.

Munro Partners, an investment management firm, issued its third-quarter 2026 commentary for the "Munro Global Growth Fund". The letter can be downloaded here. The Munro Global Growth Fund experienced a -12.6% net return for the quarter, trailing the MAET.ASX return of -13.8%. Key performance detractors were long holdings, while hedging and currency also marginally detracted from performance. The Fund faced challenges from a mixed global equity market characterized by a selloff in AI supply chain stocks and political sentiment ahead of the US mid-term elections. Despite a modest recovery in September, Asian indices suffered the most. Bond yields increased, yet US equity indices reacted mildly. The Australian Dollar's appreciation also detracted from returns. Overall, while investor sentiment fluctuated, the underlying demand for semiconductors and AI technology remains strong, creating a constructive setup as capex and political fears are now priced in. Additionally, reviewing the Strategy's top five holdings provides insight into its best positions for 2026. In its Q3 2026 investor letter, Munro Global Growth Fund highlighted NVIDIA Corporation (NASDAQ:NVDA) as a top contributor. NVIDIA Corporation (NASDAQ:NVDA) is a leading data center-scale AI infrastructure company operating through Compute & Networking and Graphics segments. On October 12, 2026, NVIDIA Corporation (NASDAQ:NVDA) closed at $214.13 per share. Over the past month, NVIDIA Corporation (NASDAQ:NVDA) declined 4.23%, while its shares are up 19.23% over the past year. NVIDIA Corporation (NASDAQ:NVDA) has a market capitalization of $5.16 trillion, and its stock has traded within a 52-week range of $164.27 to $243.37. Munro Global Growth Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q3 2026 investor letter: "At the stock level, NVIDIA Corporation (NASDAQ:NVDA) (High Performance Computing) was the largest contributor to performance for the quarter. At the second quarter result, the company again demonstrated strong earnings growth, however management also guided to at least 70% revenue growth for the next fiscal year. This shows the robust pipeline of demand for AI and the visibility that Nvidia has. Nvidia is the leading designer of accelerated computing systems, underpinning the vast majority of AI training and inference workloads globally. Despite their rise to become the largest company in the world by market cap, Nvidia's revenue and earnings growth continues to accelerate, defying the "law of large numbers" phenomenon. At their August earnings call, they reported quarterly revenue of USD96.2bn, up 106% versus the prior year. While the market has become accustomed to Nvidia beating and raising expectations, they caught the market by surprise by guiding for revenue growth in the following fiscal year to grow by about 70%, well above consensus expectations for 45% growth. If they were unconstrained by supply, management indicated revenue growth would have been closer to 100%..." (Click here to read the full text) NVIDIA Corporation (NASDAQ:NVDA) is in fourth position on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 285 hedge fund portfolios held NVIDIA Corporation (NASDAQ:NVDA) at the end of the second quarter, up from 275 in the previous quarter. While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we discussed NVIDIA Corporation (NASDAQ:NVDA) and shared a list of undervalued AI stocks to buy. In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. This article is originally published at Insider Monkey.

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q3 2026 investor letter for its "Large Cap Strategy". The letter can be downloaded here. The Strategy returned 3.18% (net of fees) in the quarter, outperforming the 2.61% return of the Russell 1000 Value Index. Key positive contributors included stock selection in information technology, an underweight in utilities, and an overweight in energy, while detractors were found in industrials, health care, and consumer staples. Looking ahead, the firm anticipates below-average returns due to high equity market valuations, although attractive bottom-up investment opportunities remain. Notably, software and legacy technology stocks outperformed in Q3 2026, despite recent index exclusions; some AI-related stocks that had boosted the index previously underperformed. Additionally, reviewing the Strategy's top five holdings provides insight into its best positions for 2026. In its Q3 2026 investor letter, Diamond Hill Capital Large Cap Strategy highlighted Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions, holding dominant positions in software, cloud infrastructure, generative AI, and gaming. On October 15, 2026, Microsoft Corporation (NASDAQ:MSFT) closed at $539.44 per share, reflecting a market capitalization of $4.01 trillion. Microsoft Corporation (NASDAQ:MSFT) posted a one‑month return of 9.25%, while its shares gained 5.04% over the past 52 weeks. Diamond Hill Capital Large Cap Strategy stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its Q3 2026 investor letter: "Shares of Microsoft Corporation (NASDAQ:MSFT) rose after the company reported strong Azure results that included a growth reacceleration in quarterly results and guidance. Microsoft remains very well positioned to implement AI into its current offerings while also adding enormous AI computing capacity to lease to customers on attractive economic terms." Microsoft Corporation (NASDAQ:MSFT) ranks second on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 273 hedge fund portfolios held Microsoft Corporation (NASDAQ:MSFT) at the end of the second quarter, compared to 282 in the previous quarter. While we acknowledge the potential of Microsoft Corporation (NASDAQ:MSFT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we discussed Microsoft Corporation (NASDAQ:MSFT) and shared a list of the most active blue-chip stocks to buy. In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. This article is originally published at Insider Monkey.

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q3 2026 investor letter for its "Large Cap Strategy". The letter can be downloaded here. The Strategy returned 3.18% (net of fees) in the quarter, outperforming the 2.61% return of the Russell 1000 Value Index. Key positive contributors included stock selection in information technology, an underweight in utilities, and an overweight in energy, while detractors were found in industrials, health care, and consumer staples. Looking ahead, the firm anticipates below-average returns due to high equity market valuations, although attractive bottom-up investment opportunities remain. Notably, software and legacy technology stocks outperformed in Q3 2026, despite recent index exclusions; some AI-related stocks that had boosted the index previously underperformed. Additionally, reviewing the Strategy's top five holdings provides insight into its best positions for 2026. In its Q3 2026 investor letter, Diamond Hill Capital Large Cap Strategy highlighted Thermo Fisher Scientific Inc. (NYSE:TMO) as a notable contributor. Thermo Fisher Scientific Inc. (NYSE:TMO) is a life science company that focuses on providing life sciences solutions, analytical instruments, specialty diagnostics, laboratory products, and biopharma services. On October 15, 2026, Thermo Fisher Scientific Inc. (NYSE:TMO) closed at $696.49 per share. Over the past month, Thermo Fisher Scientific Inc. (NYSE:TMO) returned 6.91%, and its shares are up 29.24% over the past year. Thermo Fisher Scientific Inc. (NYSE:TMO) has a market capitalization of $257.52 billion, and its stock has traded within a 52-week range of $435.27 to $704.00. Diamond Hill Capital Large Cap Strategy stated the following regarding Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q3 2026 investor letter: "Shares of health care tools and diagnostics company Thermo Fisher Scientific Inc. (NYSE:TMO) outperformed following strong second quarter results and improving customer activity across key life sciences end markets, reinforcing confidence in continued demand recovery." Thermo Fisher Scientific Inc. (NYSE:TMO) ranks 34 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. As per our database, 118 hedge fund portfolios held Thermo Fisher Scientific Inc. (NYSE:TMO) at the end of the second quarter, which was 115 in the previous quarter. While we acknowledge the potential of Thermo Fisher Scientific Inc. (NYSE:TMO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we discussed Thermo Fisher Scientific Inc. (NYSE:TMO) and shared Lindsell Train Global Equity Fund's views on the company. In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. This article is originally published at Insider Monkey.

Investing.com -- Bitcoin was marginally higher on Wednesday amid few direct cues for cryptocurrency markets, but was sitting on sharp quarterly gains amid support from U.S. regulatory hopes. Before you buy NVIDIA: our AI model's stock picks are beating the market by 120%+. See the list now » The world's largest crypto steadied after losing some ground earlier this week, as markets parsed a recent stalling in Treasury yields and little de-escalation in U.S.-Iran tensions. Bitcoin was last up 0.3% to $83,709.5 by 17:45 ET (21:45 GMT). Bitcoin was set to gain almost 43% in the three months to September 30, its best quarterly performance since the fourth quarter of 2024. The world's largest crypto was aided chiefly by increasing optimism over U.S. regulatory approval, as moves by the Securities and Exchange Commission helped markets largely look past the failure of the Clarity Act. Heightened concerns over U.S. fiscal health, amid soaring Treasury yields, also spurred some flows into alternative assets like gold and Bitcoin, aiding crypto markets. Bitcoin was also aided by top corporate holder, Strategy, resuming its purchases of the crypto during the quarter. But surging yields still dragged Bitcoin off eight-month highs earlier in September, especially as the Federal Reserve hiked interest rates and presented a hawkish outlook. While a rally in yields was tempered by some weak economic data and dovish commentary on Tuesday, they still remained close to multi-year highs. The 10-year benchmark in particular remained perched above 5.2% and close to a 19-year peak. On Wednesday, a U.S. data deluge dented October Fed rate hike expectations. August readings on the Fed's preferred inflation gauge came in softer than anticipated, with the Y/Y figures decelerating from July. Separately, the BEA revised up its estimate for U.S. Q2 real gross domestic product (GDP) growth to 2.2% from 1.5%. Economists' had expected growth of 1.5%. Not finding the right stocks? Our AI's list of investor-grade stock picks for October just dropped » Furthermore, ADP's monthly private employment report earlier in the day showed 90k jobs added in September, the first time hiring has accelerated since May. Private employers had added just 36k jobs in August. With the indicators suggesting solid economic growth, a resilient labor market, and cooling inflation, traders responded by dialing back their bets for a quarter-point rate hike in October. As per the CME FedWatch tool, the chances of such a move stood at about 37% from nearly 51% the previous day. Meanwhile, adding to quarter-end pressure on crypto prices, uncertainty over the U.S.-Iran war also weighed. President Donald Trump earlier this week denied reports he had offered Iran concessions in exchange for a peace deal, after rejecting a peace offer from the country. Broader crypto prices were a mixed bag on Wednesday, but were set for vastly stronger performances than Bitcoin for the third quarter. World no.2 crypto Ether was up 0.1% to $2,683.24, and was trading up nearly 70% for Q3. XRP fell 0.6%, but was up 44.2% for the quarter, while BNB was set to add 39%. Cardano was set to add nearly 70%, while Chainlink was the best-performing altcoin, set for a nearly 100% gain. LINK was boosted by growing bets that friendly U.S. regulation will spur more decentralized finance adoption– a scenario that stands to benefit the crypto, given that it is the native token of the Chainlink decentralized oracle network. Among memecoins, Dogecoin was marginally higher on Wednesday and was trading up 30% in Q3. But most cryptos were still trading down for the year, hit by waning appetite for the sector as traders broadly pivoted towards the artificial intelligence trade. Anuron Mitra contributed to this article Original Article Bitcoin muted at $83.7k, but set for best quarterly performance since Q4 2024 Open Standard issues dollar stablecoin backed by Visa, Stripe, and Mastercard Bitcoin rises to $83.5k amid a fall in oil prices and a let up in Treasury yields

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. - Achieved 13% used unit comp growth by dynamically managing gross profit per unit (GPU) to enhance price competitiveness and pass reconditioning efficiencies to customers. - Benefited from a significant market tailwind as FTC regulatory focus on transparent pricing required competitors to include fees, highlighting CarMax's no-haggle value proposition. - Attributed approximately half of the comp performance to internal strategic actions, including pricing algorithm enhancements and improved customer experience tools. - Strengthened the leadership team with new executive appointments in Digital and Strategy to unify the end-to-end customer journey and accelerate data-driven decision-making. - Maintained a resilient consumer base across all income cohorts, with particular strength in higher-priced vehicle segments during the quarter. - Leveraged the Edmunds partnership to grow dealer-sourced inventory by 54%, providing a more profitable sourcing alternative than traditional auction houses. - Scaled agentic AI voice technology to 100% of store and customer experience center calls to streamline inquiry resolution and associate connectivity. - Revised full-year GPU outlook to a year-over-year decrease of less than $200 per unit, reflecting better-than-expected balance between demand and efficiency gains. - Intend to resume share repurchases at a modest level in the third quarter, signaling confidence in the 'Shift into GEAR' strategy and improved leverage. - Committed to self-funding future price competitiveness through the 'Run Lean' pillar, targeting $200 million in fiscal year 2027 exit rate savings. - Anticipate CAF FY '27 income will be slightly lower than FY '26 while scaling Tier 2 originations toward a $1 billion year-end target. - Expect year-over-year corporate incentive compensation dynamics to remain similar in the third quarter before moderating in the fourth quarter. - Recorded a $17 million gain on the residual sale related to a non-prime securitization, benefiting CarMax Auto Finance (CAF) income. - Estimating approximately $50 million in total settlement-related non-cash, non-recurring charges in the second half of the year due to the termination of a legacy pension plan. - Expect approximately $6 million in severance expense in the third quarter following actions to further streamline the corporate cost structure. - Noted a decline in CAF Tier 1 penetration as customers with more funding alternatives shifted to cash or credit unions in response to higher interest rates. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. - Management explained that GPU performance was driven by a balance of demand, reconditioning efficiencies, and a 30-day warranty redesign. - Confirmed that future price investments will be self-funded through operational efficiencies rather than just margin compression. - Management noted that the number of 'great deals' for CarMax on third-party sites like Cars.com more than doubled year-over-year due to competitors now being forced to disclose fees. - The tailwind is expected to persist through at least May as the industry continues to adjust to compliance enforcement. - Identified unproductive vehicle transfers and holds as key areas for future cost reduction within the 'Shift into GEAR' framework. - Management is testing how hold and transfer policies impact sales versus inventory turns to optimize the 2.5 million annual vehicle transfers. - Observed stability in the lowest income cohort and growth in higher income cohorts, leading to increased sales of newer, higher-priced vehicles. - CAF is intentionally expanding into Tier 2 lending to capture volume previously passed to third-party partners, with credit performance meeting expectations.

- Bitcoin's 42% quarterly surge lifted it to ~$85,000, but it remains 49% below its all-time high and down 23% year-over-year. - Michael Saylor's Strategy and U.S. spot Bitcoin ETFs, which recorded $999M in single-day inflows, are the primary institutional forces powering the recovery. - Momentum is slowing to 8% monthly gains, and Bitcoin's prior 54% crash from its 2025 peak signals serious risk for short-term holders. - Building a portfolio and living off one are two completely different skills, and almost nobody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor) Bitcoin (CRYPTO:BTC) experienced a significant boost, gaining approximately 42% over the past 90 days. Whether it's a smart investment now depends on the context of that gain. After this quarter, Bitcoin is priced around $84,883, which is close to where it started in 2026. However, it remains down 23.2% compared to its price a year ago. This recent rally has helped recover a large portion of the losses seen in 2026, but it hasn't recovered the losses from the previous year. For prospective buyers, the key question is whether investing in Bitcoin at its recovery price is worthwhile. The answer largely hinges on how long they are willing to hold their investment. Bitcoin finished June at $58,524, which is about 31% lower than its current price. This closing price serves as a baseline for assessing the recent quarter's performance. Even with the recent gains, Bitcoin is still down 3.7% for the year, while its year-opening price of $87,498 sits about 3% above the current level. ------ Many successful investors eventually reach the same moment. The saving is done, the portfolio is built, and the question quietly changes from how much can I grow this to how much can I take out? Get that second question wrong and decades of good investing can come apart in a handful of years. That is exactly what The Definitive Guide to Retirement Income helps answer. It covers what your retirement could actually cost, which income sources are worth using, and the withdrawal math that decides whether the money lasts. It is free today from Fisher Investments. Read More Here › ------ Given that Bitcoin doesn't produce earnings, cash flow, or book value, traditional stock market metrics for determining value don't apply here. The best comparison comes from its own historical performance. By this measure, Bitcoin is currently priced higher than it was at the end of June but significantly lower than its record price of $126,198 set in October 2025, which is about 49% above the current price. This price gap affects potential and existing investors differently. Those who purchased Bitcoin a year ago are still at a loss, and many choose to sell during price increases just to break even. In contrast, new buyers are able to acquire Bitcoin at a lower price than previous investors. The recent increase in Bitcoin's price has been supported by various factors over multiple time frames. Bitcoin has risen 31.8% over the last 60 days, alongside the 42% uptick over the last 90 days, indicating strong buyer interest throughout late summer. Notable buyers include U.S. spot Bitcoin ETFs, which saw inflows of $999 million on September 21, marking their highest influx since the peak in October 2025. Additionally, Strategy (NASDAQ: MSTR), a company led by Michael Saylor, purchased 950 Bitcoin at around $79,670 as the rally gained momentum. Large-scale buyers like these are typically inclined to add to their positions during price pullbacks, providing support that smaller traders may not. Bitcoin's size also adds a layer of stability. With a market value nearing $1.7 trillion and commanding a 58.6% share of the entire cryptocurrency market, it remains the primary choice for most new investors entering the space. While the recent gains have been impressive, momentum is starting to slow down. Bitcoin has only risen 8.3% over the past 30 days compared to the 42% increase over the previous 90 days. This slowdown could signal either a pause before another rally or potential exhaustion in the current trend, but it's too early to draw conclusions based solely on one month of performance. The previous year's performance should also serve as a cautionary tale. Bitcoin dropped dramatically from $126,198 in October 2025 to $57,718 by July 1, a staggering 54% decline in just nine months. Even with this quarter's increase, Bitcoin is still down 23.2% over the last year. This means that any investors needing quick access to their funds during a price drop might find themselves selling at a loss. In conclusion, investing in Bitcoin could be a reasonable choice for those who can hold onto their investment for several years and are comfortable keeping their position relatively small. Bitcoin's price is currently below its opening for the year and 49% below its peak, while significant buyers continue to enter the market. However, it may not be suitable for those needing to access their funds in the short term, as the market is still vulnerable to sharp declines. Potential investors should monitor two key levels: a drop below the June closing price of $58,524 (about 31% down) would negate the quarter's recovery, whereas a close above $87,498 would indicate a positive outlook for 2026. For new buyers, spreading out purchases over several months through a method known as dollar-cost averaging can help mitigate risk and allow them to gauge the market's direction before fully committing. (Sponsor) Most people spend their entire working lives focusing on one thing: growing a pile of money. Then they retire and discover the skill they actually need is close to the opposite. Turning that pile into steady income, year after year, through good markets and bad, without ever running out. It may be the least discussed and most consequential transition in personal finance, and plenty of otherwise careful investors walk into it with no real plan. That is exactly what The Definitive Guide to Retirement Income helps answer. It is a free guide from Fisher Investments covering what your retirement will really cost, where the cash flow should come from, and how much you can safely withdraw each year. Learn more here. Learn More Here › Contact [email protected] for any questions or corrections.

Image source: The Motley Fool. Tuesday, Aug. 4, 2026 at 9 a.m. ET Vice President, Shareholder Relations - Timothy Hayes President and Chief Executive Officer - Nick Pell Chief Investment Officer - Mike Forman Chief Financial Officer - Tony Marone Executive Vice President of Strategy - Andrew Winchell Operator: Good day, and welcome to the Blackstone Digital Infrastructure Trust Second Quarter 2026 Investor Call. Today's conference is being recorded. [Operator Instructions] At this time, I'd like to turn the conference over to Tim Hayes, Vice President, Shareholder Relations. Please go ahead. Timothy Hayes: Good morning, and welcome, everyone, to Blackstone Digital Infrastructure Trust Second Quarter 2026 Earnings Conference Call. I'm joined today by Nick Pell, President and Chief Executive Officer; Mike Forman, Chief Investment Officer; Tony Marone, Chief Financial Officer; and Andrew Winchell, Executive Vice President of Strategy. This morning, we filed our 10-Q and issued a press release summarizing our results, which are available on our website and have been filed with the SEC. I would like to remind everyone that today's call will include forward-looking statements, which are subject to risks, uncertainties and other factors outside of the company's control. Actual results may differ materially. For a discussion of some of the risks that could affect results, please see the Risk Factors section within our prospectus dated May 13, 2026, which is accessible on the SEC's website at www.sec.gov. We do not undertake any duty to update forward-looking statements. We will also refer to certain non-GAAP measures on this call. And for reconciliations, you should refer to the press release and 10-Q. This audio cast is copyrighted material of Blackstone Digital Infrastructure Trust and may not be duplicated without our consent. For the second quarter, we reported GAAP net income of $0.14 per share, while funds from operations, or FFO, was $0.07 per share and adjusted FFO, or AFFO, was $0.08 per share. As a reminder, we completed our initial public offering in May 2026 and had no real estate operations during the quarter ended June 30, 2026, as the net proceeds of the offering were invested in cash and cash equivalents. Therefore, we do not believe 2Q results are indicative of the operating performance we expect to achieve upon deployment of our capital into target assets. With that, I will now turn the call over to Nick. Nicholas Pell: Thanks, Tim, and welcome, everyone, to Blackstone Digital Infrastructure Trust inaugural Earnings Conference Call. We are thrilled to have recently completed our IPO in May, listed on the New York Stock Exchange under the ticker BXDC and successfully raising $2 billion of gross proceeds, the largest blind pool REIT IPO in history. We are grateful for the support of our investors who participated in the offering and look forward to the continued partnership as we deploy our capital and seek to capture highly compelling risk-adjusted returns in the stabilized data center market. The opportunity set in front of us is massive with a total addressable market for our business expected to eclipse $1 trillion over the next several years, and yet we believe we are still in the early innings of long-term capital formation in the sector. With strong underlying fundamentals and limited scale buyers in the market dedicated to the strategy today, we view this acquisition environment to be one of the best we have seen and expect it to become even more fruitful as the newly delivered assets come online in the next several years with the sector anticipated to double in size. And we also view recent debt capital markets volatility as a potential catalyst for new deal flow. We believe BXDC is uniquely positioned to capitalize on this generational opportunity, benefiting greatly from Blackstone's data relationships and experience as the largest investor in data centers and digital infrastructure globally. For those newer to our story, BXDC is a REIT focused on acquiring stabilized mission-critical data centers that power the modern digital economy. Across Blackstone, we have seen firsthand that the convergence of AI, cloud computing and the broader digitalization of our economy are driving unprecedented demand for compute with data centers serving as the backbone of this revolution. Even as demand accelerates, it is becoming increasingly difficult to build data centers across the U.S. Power, labor, zoning, supply chains and other factors have all become real constraints, and we expect many of these pressures to persist over time. To contextualize these supply and demand dynamics, vacancy in U.S. data center markets continues to trend lower and reached an all-time low of approximately 1% in Q1. And in our target markets, vacancy is essentially nonexistent at just 0.4% today. With limited availability, rent growth has accelerated, increasing by more than 100% from 2021 levels in the U.S. We believe these robust market fundamentals will bolster performance and long-term demand for our target assets. As one of the largest private capital providers in the AI ecosystem, Blackstone has a bird's-eye view of the entire digital infrastructure landscape. This perspective provided clear line of sight into the rapid evolution of the stabilized hyperscaler data center marketplace, which we translated into BXDC's dedicated strategy designed to generate attractive and predictable cash flow and with embedded growth drivers supporting strong risk-adjusted returns. And our strategy is simple: acquire recently built high-quality income-producing data centers located in Tier 1 markets with long-term leases to top investment-grade hyperscalers, no development risk, no power or entitlement risk and powerful downside protection with assets fully leased at the time of acquisition to some of the most creditworthy tenants in the world. We have a robust pipeline of attractive investments that fit these parameters and are actively engaged with a number of third parties to acquire our first assets while also planting seeds for future growth opportunities. We are confident in the near-term prospects for capital deployment. We also have increasing visibility over the long term given the accelerating hyperscaler CapEx spend, which is expected to exceed $800 billion this year, just from the top 5 alone, nearly double last year and a fraction of the $3 trillion we expect to see over the next 5 years. We expect that the significant capital requirements to build out this infrastructure could create additional compelling opportunities to work strategically with the hyperscalers themselves. We remain confident in our ability to deploy capital at attractive yields with close to $30 billion of recent comparable transactions in the market pricing at the low to mid-6 cap rates. Consistent with our buy box and the pipeline opportunities we see, cash flow yields and annual rent escalators set up powerful flywheel for growth and position BXDC to capitalize on attractive opportunities. We view our growth potential at highly compelling relative value in today's market, given the long-duration cash flow profile, strong tenant creditworthiness behind our leases and the robust demand drivers supporting long-term market fundamentals. The public markets are starting to recognize the opportunity in the sector. Our data center REIT peers are up approximately 30% year-to-date and trade at implied cap rates well inside where we believe we can acquire assets in the private markets, a supportive backdrop for accretive acquisitions. Looking forward, we could not be more excited about the investment opportunity in front of us. The size of the market and our ability to deploy capital at scale provide a clear road map for growth in our portfolio and earnings power. Thank you again for your time and interest in BXDC. I will now pass it over to Tony to discuss our financial results for the quarter. Anthony Marone: Thank you, Nick, and good morning, everyone. As Nick mentioned, we completed our IPO in May 2026, raising $2 billion of gross proceeds as a blind pool REIT. When we initially formed BXDC, we determined that establishing this vehicle as a publicly traded company with perpetual capital and access to the public debt and equity markets was paramount given the scale of the stabilized data center opportunity. We also elected to IPO as a blind pool, prioritizing speed to market and positioning BXDC as a first mover for stabilized data centers in the public REIT sector. We believe this also establishes BXDC as a clear capital solutions provider to data center developers and owners looking to unlock liquidity in their assets and reinvest in projects that better align with their higher cost of capital. Looking at our second quarter results, we reported GAAP net income of $0.14 per share, FFO of $0.07 per share and AFFO of $0.08 per share. As a reminder, we had no real estate operations during the quarter and do not believe our second quarter results are indicative of our near-term or long-term earnings power as we begin executing our business plan and deploying capital to our target assets. These earnings metrics reflect the revenues and expenses incurred between the closing of the IPO through June 30 or roughly 1/2 of the calendar quarter, but they differ materially in terms of the share count used to calculate each metric. Our net income per share is based on a weighted average share count of 50 million shares, which is in accordance with GAAP and includes the period prior to the completion of our IPO, during which we effectively have no shares outstanding. Our non-GAAP metrics of FFO and AFFO per share are based on an adjusted share count of 99 million shares that only reflects the period following the closing of our IPO at quarter end. We believe this adjusted share count better reflects the economic experience of our investors. Following our IPO, our net cash proceeds generated $9.3 million of interest income during the quarter. We also incurred $800,000 of interest expense, reflecting fees associated with our revolving credit facility and $1.4 million of G&A expenses, including $535,000 of costs associated with the IPO and formation of our business. Such organizational costs are the primary adjustment between FFO and AFFO this quarter. Turning to our corporate structure. We are an externally advised REIT managed by Blackstone. We benefit greatly from our integration across Blackstone's global real estate and infrastructure platform, which we believe is a strong competitive advantage, providing BXDC with real-time proprietary insights into market dynamics, tenant demand, lease structures, transaction flow and more. And Blackstone is highly aligned with BXDC shareholders with 11% of BXDC shares owned by Blackstone and its employees. We believe stockholder alignment is critical and thoughtfully constructed our management agreement that 100% of management and incentive fees are tied to BXDC's stock performance. Our management fees are also tiered, starting at 1% of market cap today, but stepping down as we scale and allowing BXDC stockholders to benefit from future operating efficiencies. And our incentive fee, 25 basis points on our market cap, is only payable if the stock is above the IPO price and achieved an 8% annualized total return for the quarter, a good outcome for our stockholders. And as a reminder, 100% of base and incentive management fees have been waived for the 6 months following our IPO to roughly align with our expected time line to deploy the proceeds from our offer. And lastly, on our balance sheet, we ended the quarter with total assets of $2 billion, effectively all cash and cash equivalents. We currently have no debt on our balance sheet, but expect to target 40% leverage over time as we prudently access asset-level and corporate debt to finance new investments. We believe this balance sheet management aligns with our strategy of investing in new stabilized assets with long-duration cash flows backed by a select group of high-quality tenants. And with $1 billion of unused capacity on our revolving credit facility, we have ample flexibility and dry powder to capitalize on our robust investment pipeline today. Thank you again for joining our call. I will now ask the operator to open the call to questions. Operator: [Operator Instructions] We will take our first question from Brendan Lynch with Barclays. Brendan Lynch: Maybe just one on NIMBYism to start. It seems like we're -- it's kind of increasingly becoming a consideration. And I'm curious on how this is changing the dynamics in the transaction market. Conceivably, would-be sellers might hold out or hold on to assets a bit longer knowing that it might be difficult to recycle the proceeds into their next development project. So I'm wondering how you're seeing that dynamic play out. Mike Forman: Yes. Thanks so much, Brendan. It's a really good question. So I will say you're spot-on. There is growing NIMBYism and just, sort of, pushback around new development. That being said, there is still an enormous amount of development that's taking place in the market. I think the crux of that story is there would be even more development than there is if that weren't the case, but there's quite a bit of development happening regardless. And as a result, the motivation for people to sell assets, recycle into development is very much there. Maybe it could be even more. But just for context, like, leasing this year in the United States will probably be north of 20 gigawatts versus 13 gigawatts last year, which was more than double the prior year. The amount of supply is pretty dramatic and the capital requirements to actually go build these projects is going up pretty materially, everything from the land purchase price, the power commitments that you need to make, the actual cost to build. So I think the story around why groups want to recycle capital is very much intact. Brendan Lynch: Okay. Great. That's helpful. And maybe just to get your thoughts on Meta. They've been one of the largest consumers of data center infrastructure over the past 5 years and still have very ambitious plans to scale. But how do you guys think about the potential for Meta to lease compute capacity to Anthropic? And what it implies about the supply-demand balance of compute capacity within hyperscalers' portfolios? Mike Forman: Yes. Good question. Look, I would say, as these groups continue to build out more and more compute capacity, they're finding various ways to monetize it. It could be through their existing businesses, it could be through new businesses. I think the most important thing going on here is the world has run out of compute. The large hyperscalers have the largest balance sheets in the world. They're building out significantly more compute. There's lots of ways they'll be able to monetize that. Operator: We'll take our next question from Aryeh Klein with BMO Capital Markets. Aryeh Klein: You talked a little bit about, obviously, the broad opportunity that's out there. Just curious on the competitive backdrop for these deals. What are you seeing? Are you seeing more bidders, kind of, compete for acquisitions? And then directionally, just curious what you've been seeing on pricing? Nicholas Pell: Yes. So thanks for the question. I think we mentioned there have been $30 billion of transactions year-to-date. So there are deals getting done. That said, the opportunity set is massive, as I think we referenced in our remarks. And with the sector expected to double, there's just a lot to consider in the opportunity set. So there is -- there are groups out there looking at deals, but I think we feel very confident with the opportunities that we're engaged on and looking at. And I think the idea of being able to do something programmatic with our counterparties is very attractive, both for us and for them. And so I think we feel very confident in our ability to execute on the pipeline. Aryeh Klein: And then maybe just -- you talked a little bit about hyperscale sale-leasebacks as a potential opportunity. Where do you think that stands currently in terms of their willingness to transact? And would you consider expanding beyond Tier 1 markets for those types of deals? Nicholas Pell: Look, I think at the end of the day, if the hyperscalers are looking for sources of capital through sale-leasebacks or otherwise, Blackstone is very well positioned to be able to offer solutions for these huge companies. And I think we are, again, like, very well positioned to do so. And I think as it relates to our buy box, I think we're very focused on delivering our IPO proceeds into the specific buy box we laid out, and I think have been pretty focused on really sticking to, sort of, the buy box description that we laid out for everybody. Operator: We will take our next question from Eric Luebchow with Wells Fargo. Eric Luebchow: Nick, you alluded to some of the volatility we've seen in the credit markets as potentially opening up some opportunities, greater opportunities for you. So maybe you can talk about whether you've seen any kind of changes in pricing relative to the move in interest rates or just some of the large financing deals we've seen in the market that haven't been as oversubscribed as usual? Has it had any impact on pricing so far? Nicholas Pell: Yes. Thanks, Eric. It's probably a little early to tell on pricing. I think where we're seeing it translate potentially just in terms of, like, how counterparties think about their alternatives, their expectations, their choices of how and when to execute on an exit. I think the nice part about these transactions is it can be a win-win, like, our -- the developers themselves, counterparties, they're looking to recycle capital. They're looking to exit out of a successful development opportunity. And at the same time, it's allowing us to identify premium real estate to build a portfolio around to be the foundation of this REIT. So a lot of it is just about thinking through that dynamic in the market, but it's all pretty recent. I just think, like -- we do think that uncertainty and volatility in general probably allows things -- facilitates the market a bit more. Operator: We will take our next question from Michael Funk with Bank of America. Michael Funk: So 2, if I could. So first, I wanted to know if you still intend to deploy the IPO capital within 3 quarters? And then second part to the question, have you thought about expanding your buy box to data centers under development, but not RFS yet given the size and pace of development year-to-date? Nicholas Pell: Yes. So look, I think we feel very confident in the pipeline and our level of engagement with a number of different opportunities here and feel like we're well on track and, frankly, excited about the real estate that we're engaged on and that's in our pipeline. In terms of forwards, it's certainly a part of the marketplace and part of a few of the deals that have happened and been announced earlier this year. We're certainly evaluating those. And I mentioned thinking about planting seeds for future opportunities. It's certainly something we're looking at. I think we're trying to prioritize for our IPO deployment into deals and assets that can pay rent upon closing. Mike Forman: The only thing I would tack on, Michael, is, like, we feel really good about the pipeline today. Like, it's very strong. We have more opportunities than we have capital for right now, frankly, which is a good place to be. We have the luxury of choice. So I think we feel really good about our buy box. And -- but to your point, there will be opportunities to go expand that over time. Operator: We will take our next question from Nick Del Deo with MoffettNathanson. Nicholas Del Deo: First, I think your expectation had been that there wouldn't be a ton of competition for deals in general, given their size and so on. Are you seeing that play out in your negotiations and discussions so far? Nicholas Pell: I'd say that, look, there isn't a lot of capital formed as we alluded to in our remarks, and I think we alluded to on the road and around the IPO with the stabilized data center strategy. There are groups that buy stabilized data centers here and there as well, as evidenced by the deal flow so far. But again, as we engage with the marketplace, there's plenty of really interesting and compelling real estate to choose from. And there are counterparties that are more excited to do business with us and with Blackstone and, again, do something programmatic and help us build, like, a really high-quality premium portfolio here. So look, there's always going to be some competition in the market, but I think we feel very well positioned in that market and have deep relationships with a lot of these different groups already, just given how active Blackstone is across the data center ecosystem. Nicholas Del Deo: Okay. Okay. And then as you've gone to market and start to speak with potential sellers in a more fulsome way, do you find that there are particular aspects of your approach that really align with what they're looking for? Or are there things where you find that you might need to, kind of, adjust what you're offering or particular terms that you've been thinking about? Nicholas Pell: I don't think there's been anything super notable in terms of change of approach that's required. We know these markets really well. We know these groups that we can and will transact with really well. And I think what we've laid out in terms of our buy box, the way we want to work with the market totally fits what the market is looking for. So it feels pretty good. Operator: We will take our next question from Cameron McVeigh with Morgan Stanley. Cameron McVeigh: I wanted to ask, as we've seen the evolution in some of this AI technology recently, there's been this growing debate around open versus closed weight models. Curious if your strategy has shifted at all to target more training or inference? Or on that point, are you maybe more agnostic to the type of workloads that are expected to run through your data centers? I'd love to just get your thoughts there. Mike Forman: Yes. Thank you, Cameron. I think you hit on it at the end, which is we're pretty agnostic, and we think that's a really good place to be. We don't need to guess perfectly on, like, which model is going to do best for the most efficient or open versus closed weight. I think what we're fundamentally investing in is that as digitalization continues to, sort of, grow throughout the world, the demand for compute will continue to grow materially. What you can do with compute will continue to grow in a pretty massive way. And owning and controlling the infrastructure, which is hard to create and underpins all these various technology solutions, is a really good place to be. I think it is that simple, and we're pretty agnostic. Operator: We'll take our next question from David Guarino with Green Street. David Guarino: There's been a wave of AI company and data center company IPO rumors in recent months. And I guess, hypothetically, assuming all these came to market, would that limit your ability to raise new equity as we think about what 2027's growth opportunity might look like? Nicholas Pell: We don't believe so. We've certainly followed some of the news around other potential listings. I think the unique thing about BXDC is we have this very simple business plan of targeting stabilized hyperscaler data centers. And I think we're -- with this specific strategy, I think we're -- and with Blackstone's, sort of, very unique breadth of expertise in this space, I think we're very well positioned to execute on our business plan regardless of what happens with other listings. There are all different ways to play this data center space. And I think those groups that whether they're developing or have different other strategies around what they're targeting, I think we, again, have a very simple, focused business plan. And I think we can distinguish ourselves in that market and access capital to be able to grow and really access that flywheel for growth that we talked a lot about in our roadshow. Operator: We'll take our next question from Richard Choe with JPMorgan. Richard Choe: I wanted to ask about the, I guess, programmatic nature that you're looking to eventually deploy. Is it fair to think that you're working with multiple potential developers and not just for that first deal, but ones after that? And how do you, kind of, think about that pacing? Nicholas Pell: Yes. It's a great question. And the beauty of this is we want to be the easy button for the best developers and counterparties in the market. And so whether they're staying in as an operator in a minority joint venture arrangement, and we can, sort of, rinse and repeat with some of these operators to help facilitate takeouts of successful developments that they've had to be able to recycle capital into new development pipeline opportunities for them. I think that's how we want to distinguish ourselves. And I think the engagement we've had within our pipeline and counterparties to date suggests that's a very attractive thing for them. They think they want to engage with sophisticated counterparties who can move quickly, do what they say they're going to do and, and again, do something programmatic over time for them as well to satisfy their goals for their businesses. So I think that's how we think about it. And I think that helps set us up for further growth down the line and planting these seeds, again, for not only deals that we can do with the IPO proceeds, but hopefully also down the road. Operator: With no additional questions in queue at this time, I'd like to turn the call back over to Tim Hayes for any additional or closing remarks. Timothy Hayes: Great. Thank you, Katie, and to everyone joining today's call. Please reach out with any questions. 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This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Blackstone Digital (BXDC) Q2 2026 Earnings Call was originally published by The Motley Fool

US-based investment company McIntyre Partnerships delivered flat performance in H1 2026, returning 0% gross and -1% net compared to the Russell 2000 Value Index’s 23% return. A copy of the letter can be downloaded here. The second quarter results were a complete reversal of Q1 results, with the portfolio appreciating 23.0% (gross) and 23.3% (net), outperforming the index's 17.3%. The overall market surge contributed to this performance, alongside several positive developments related to the firm’s holdings. Since inception, the fund has returned ~16% gross and ~12% net per annum, surpassing the benchmark’s return of ~9% per annum.  The portfolio is highly concentrated, with QDEL as the largest holding, creating volatility. Despite mixed results, the firm remains confident in the portfolio, particularly with QDEL viewed as a key investment opportunity. Potential for further growth is expected from several large investments with promising catalysts. In addition, you can check the Strategy’s top 5 holdings to determine its best picks for 2026. In its Q2 2026 investor letter, McIntyre Partnerships highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On August 7, 2026, Sotera Health Company (NASDAQ:SHC) closed at $18.86 per share, reflecting a market capitalization of $5.38 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of 5.04%, while its shares gained 25.61% over the past 52 weeks. McIntyre Partnerships stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor letter: Sotera Health Company (NASDAQ:SHC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 42 hedge fund portfolios held Sotera Health Company (NASDAQ:SHC) at the end of the first quarter, up from 41 in the previous quarter. While we acknowledge the potential of Sotera Health Company (NASDAQ:SHC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Sotera Health Company (NASDAQ:SHC) and shared O’Keeffe Stevens Advisory’s insight on the company. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. This article is originally published at Insider Monkey.