Core Viewpoint - Carvana is a leading online used car retailer that is seen as both a disruptive innovator and a company with a potentially unsustainable business model, heavily reliant on favorable credit markets [1] Company Performance - Over the past five years, Carvana shares have gained 79%, underperforming the S&P 500's total return of 101% during the same period [2] - In the last three years, Carvana's stock has surged 8,420%, and it has increased by 80% over the past 12 months, significantly outperforming the broader market [3] Financial Health - Carvana's stock hit a low of $3.72 in late December 2022, amid concerns of potential bankruptcy due to rising debt following a $2.2 billion acquisition [4] - In Q3, unit volume and revenue increased by 44% and 55% year-over-year, respectively, while long-term debt decreased to $5.5 billion from a peak of $7.5 billion in 2022 [5] Market Opportunity - The domestic used car market saw 36 million transactions in 2023, presenting a significant opportunity for Carvana to expand its scale and increase sales and profits [8] - Carvana's shares are currently trading at a price-to-sales ratio of 3.5, close to its highest multiple reached during the 2021 bull market, indicating a potentially expensive valuation [8]

Core Viewpoint - The sale of Golar LNG Limited shares by Beck Capital Management illustrates how even financially strong LNG operators can lose favor during shifts in capital cycles [1][2]. Company Overview - Golar LNG Limited's current share price is $36.99, with a market capitalization of $3.8 billion, revenue of $326.6 million, and net income of $59.8 million for the trailing twelve months (TTM) [4]. - The company specializes in designing, building, owning, and operating marine infrastructure for liquefaction and regasification of LNG, focusing on long-term charters and midstream LNG value chain [4]. Financial Performance - In the latest quarter, Golar reported a net income of $31 million attributable to shareholders and an adjusted EBITDA of $83 million, supported by long-term FLNG charters with a backlog of approximately $17 billion [5]. - The company maintains strong liquidity with $661 million in total cash at the end of the quarter and has authorized a $150 million share buyback while sustaining a quarterly dividend of $0.25 [5]. Market Position - Golar LNG's shares have decreased by 9% over the past year, underperforming the S&P 500, which has increased by 15% during the same period [3]. - Golar now represents 0.5% of Beck Capital Management's $433.8 million in reportable U.S. equity holdings, down from a previous stake of 172,826 shares to 54,860 shares [2]. Investment Considerations - The company is viewed as a cash-generating infrastructure play with long-term visibility, although it faces challenges in gaining market recognition compared to mega-cap technology stocks [7]. - The trimming of Golar's position by Beck Capital Management may reflect risk management rather than a loss of confidence in the company's fundamentals [7].

Core Insights - Applied Digital's shares increased by 8.46% following the announcement of securing $100 million in financing for new data center projects [1][2] - The financing will support the pre-lease development costs for several new data center campuses intended for an unnamed "investment-grade hyperscaler" [2] - The positive movement in Applied Digital's stock was also influenced by a favorable inflation report, suggesting potential interest rate cuts by the Federal Reserve [3] Financial Data - Current market capitalization of Applied Digital is $6.1 billion [2] - The stock's price range for the day was between $23.01 and $24.82, with a 52-week range of $3.31 to $40.20 [2] - The company reported a gross margin of 14.46% [2] Market Context - The overall market, including the S&P 500 and Nasdaq Composite, experienced gains, which contributed to the rise in Applied Digital's stock price [1] - The inflation data indicating lower-than-expected price increases may lead to reduced borrowing costs for companies like Applied Digital [3]

Group 1 - Trump Media & Technology Group has made a surprising move by merging with TAE Technologies, a nuclear fusion energy company, which has generated optimism in the market [3][5] - The merger is valued at $6 billion, with Trump Media providing $200 million in cash upfront and an additional $100 million later as TAE works towards delivering fusion-generated electricity by 2031 [5] - Despite a significant stock price increase of 42% in one day, Trump Media's stock is still down 58% over the past year, indicating a high-risk, high-reward investment scenario [2][6] Group 2 - The trading volume for Trump Media reached approximately 99.5 million shares, which is about 1,265% above its three-month average of 7.3 million shares [2] - The current market capitalization of Trump Media is $2.9 billion, with a current stock price of $14.86 [2] - TAE Technologies has previously secured $1.2 billion in funding from major investors like Alphabet and Goldman Sachs, showcasing the viability of its patented technology [6]

Core Insights - Frontier Airlines' parent company, Frontier Group, experienced a nearly 13% decline in share price following the abrupt departure of CEO Barry Biffle, who will be replaced by President James Dempsey as interim CEO [1][2] - The company reported a loss of $77 million in its third quarter, highlighting the financial challenges faced by budget airlines due to rising labor and airport costs [4] - Frontier is attempting to adapt by introducing new first-class seating and focusing on loyalty revenues while maintaining strict control over capacity [6] Company Performance - Frontier Group's current market capitalization stands at $1.2 billion, with shares trading at $5.00, reflecting a daily change of -1.77% [3] - The company's gross margin is reported at 1.93%, indicating tight profit margins in a competitive market [3] - The cost per available seat mile excluding fuel (CASM-Ex) is increasing at a faster rate than revenue per available seat mile (RASM), which is a concerning trend for the airline [7] Industry Context - The budget airline sector is facing significant challenges, including rising operational costs and intense price competition, particularly against network carriers like Delta and United [4] - The competitive landscape remains tough for low-cost carriers, which are disproportionately affected by cost increases compared to their larger counterparts [4]

Nvidia releases new open-source AI models and acquires a software company.In today's video, I discuss recent updates affecting Nvidia (NVDA 3.78%) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of December 15, 2025. The video was published on December 15, 2025. ...

Alphabet has invested in several space companies.Alphabet (GOOGL 3.22%) (GOOG 3.16%) is best known for Google, which is the most dominant search engine on the planet. Google commands an approximate 90% market share in search, in large part due to the distribution advantages it has. The company owns both the world's leading web browser in Chrome and the No. 1 smartphone operating system in Android.Alphabet also has a search revenue-sharing deal with Apple to be the default search on all its devices. This ess ...

OpenAI announced a new AI image model, driving more demand for AI compute.In today's video, I discuss recent updates affecting Nvidia (NVDA 3.81%) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of December 16, 2025. The video was published on December 16, 2025. ...

Core Viewpoint - Costco's stock performance is under scrutiny despite strong earnings, as it is perceived to be overpriced given its current growth rate and high valuation [4][6][8] Financial Performance - Costco reported net sales growth of over 8%, reaching just under $66 billion for Q1 of fiscal 2026, which ended on November 23, 2025 [5] - The company's stock is currently trading at a price-to-earnings multiple of 46, indicating a high premium for a retailer with single-digit growth [6] Market Sentiment - Despite beating earnings expectations, Costco's stock has declined by 6% this year, reflecting investor concerns about its high valuation and economic conditions [2][4] - The lack of guidance from the company regarding future demand has left investors uncertain about its performance in upcoming quarters [7] Investment Considerations - Costco may still be a solid long-term investment due to its strong fundamentals, but short-term declines could be expected without significant growth opportunities [8][9] - The current valuation does not provide a margin of safety for investors, especially if economic conditions worsen [8]

Core Insights - Warren Buffett is stepping down as CEO of Berkshire Hathaway, leaving behind a portfolio that includes several high-quality AI stocks [1][2] Company Analysis Berkshire Hathaway - Buffett has led Berkshire Hathaway since 1965, achieving a valuation of over $1 trillion through strategic acquisitions and stock purchases [1] - The company's portfolio is valued at $317 billion, with significant investments in AI-driven companies [4] Amazon - Amazon constitutes 0.7% of Berkshire's portfolio and is heavily investing in AI to enhance efficiency and explore new opportunities, particularly in cloud computing [6][8] - The Amazon Web Services (AWS) platform has a $200 billion order backlog and is set to spend $125 billion on infrastructure to meet demand [8] - Amazon's stock price has more than doubled since Berkshire's acquisition, indicating strong potential for future growth driven by AI [8] Alphabet (Google) - Alphabet makes up 1.7% of Berkshire's portfolio and has adapted its Google Search to incorporate AI features, which has led to accelerated revenue growth [9][12] - The company has a $155 billion order backlog for its Google Cloud services, which competes with AWS [12] - Alphabet's stock has increased by 62% this year, reflecting strong momentum from AI initiatives [13] Apple - Apple represents 20.6% of Berkshire's portfolio, with a significant investment of approximately $38 billion made between 2016 and 2023 [14] - The company has launched its own AI software suite, Apple Intelligence, and is uniquely positioned in the consumer AI market with over 2.35 billion active devices [16][17] - Despite selling more than 70% of its Apple stake, Berkshire still anticipates significant returns from its remaining investment [18]