RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark Large Growth Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets recorded strong gains in the third quarter, with the S&P 500 Total Return Index rising 8.12% and the Russell 1000 Growth Index returning 10.51%. The fund also surged in the quarter and returned 4.73%. Market leadership was narrow in the quarter, with a few mega-cap tech and con ...

Core Insights - Disney's animated film "Zootopia 2" is set to release in Chinese theaters on November 26, following a global celebration at Shanghai Disneyland [2][3] - The film continues the themes of love, equality, courage, and dreams, expanding the Zootopia universe with new characters and returning favorites [2][4] - The original "Zootopia," released in 2016, achieved significant box office success, grossing over $1.026 billion globally and remains the highest-grossing imported animated film in China with a box office of 1.54 billion yuan [3] Company and Industry Developments - Disney is launching over 2,000 licensed Zootopia-themed products in China by the end of 2025, covering various categories [3] - The Shanghai Disneyland Resort is enhancing the Zootopia theme park area with new character Easter eggs, refreshed scenes, and limited-time experiences to celebrate the film's release [4] - Disney's senior vice president expressed confidence that "Zootopia 2" will resonate with audiences of all ages, continuing the legacy of the original film [4]

Core Insights - The article discusses the latest 13F holdings of H&H International Investment, revealing a total market value of approximately $14.68 billion, a 28% increase from the previous quarter, with a high concentration in the top ten holdings [1][2]. Holdings Summary - The largest holding is Apple (AAPL) with a market value of approximately $8.87 billion, accounting for 60.42% of the portfolio, showing a slight decrease of 0.82% [2]. - Berkshire Hathaway (BRK.B) is the second-largest holding at approximately $2.61 billion, with a significant increase of 53.53% [2]. - Other notable holdings include Pinduoduo (PDD) at approximately $1.13 billion, Occidental Petroleum (OXY) at approximately $640 million, and Alibaba (BABA) at approximately $496 million, with Alibaba seeing a notable decrease of 25.86% [2]. - New additions to the portfolio include ASML, while there were reductions in positions for Alibaba and Nvidia, with Nvidia seeing a decrease of 38.04% [2]. Investment Philosophy - The investment philosophy emphasizes understanding the business before investing, stating that "buying stocks is buying companies," which requires a deep understanding of the company's business model and culture [3][4][11]. - The importance of a "not-to-do list" is highlighted, suggesting that avoiding certain investments can be as crucial as making the right ones [12][15]. - The article discusses the significance of company culture and strategic focus, citing examples like Apple and its commitment to product quality and user experience [11][18]. Market Trends and Observations - The discussion includes insights on the semiconductor industry, particularly Nvidia's strong position and the challenges faced by electric vehicle companies due to lack of differentiation [13][18]. - The potential impact of AI on various industries is acknowledged, with a note that while AI will bring significant changes, it will not replace the need for sound investment decisions [18]. Recommendations for Investors - Investors are advised to focus on understanding the companies they invest in and to avoid following trends without comprehension, as this can lead to poor investment outcomes [15][18]. - The article suggests that investing in index funds, such as the S&P 500, can be a safer strategy for those who may not have the time or expertise to analyze individual stocks [15].

Several major streaming companies have raised subscription prices this year, including Netflix, Disney, and Apple. https://t.co/qj5IhP7edW ...

So you have such a unique perspective, of course, on how AI is shaping companies. And there's a great piece in the Wall Street Journal coming out of their leadership institute. I understand that you attended as well, but it seems like the consensus is that AI is fueling change faster than anything we've experienced before.But how exactly companies handle that is not as clear. So I wonder, you know, in the chairs that you occupy, what are those conversations sound like. Well, you can count on the fact that A ...

So you have such a unique perspective, of course, on how AI is shaping companies. And there's a great piece in the Wall Street Journal coming out of their leadership institute. I understand that you attended as well, but it seems like the consensus is that AI is fueling change faster than anything we've experienced before.But how exactly companies handle that is not as clear. So I wonder, you know, in the chairs that you occupy, what are those conversations sound like. Well, you can count on the fact that A ...

Core Insights - The company is significantly increasing its investment in the cruise segment, indicating a strategic focus on expanding this area of its business [1] Group 1 - The company is enhancing its cruise offerings to attract more customers and improve overall revenue [1] - The investment in the cruise segment reflects the company's confidence in the recovery of the travel industry post-pandemic [1] - The expansion plans may include new ships and enhanced onboard experiences to differentiate from competitors [1]

President Donald Trump said on Tuesday that ABC News should have its broadcast license revoked after one of the network's reporters asked him about the Jeffrey Epstein files. "I think the license should be taken away from ABC," Trump said in the Oval Office, seated beside Saudi Crown Prince Mohammed bin Salman. "Because your news is so fake, and it's so wrong."He added that Federal Communications Commission Chair Brendan Carr should "look at" revoking ABC's license because the network is "97% negative to T ...

Group 1 - The article provides a market analysis of major companies including Walt Disney Company, Amazon.com Inc, Netflix Inc, and Alphabet Inc Class C, highlighting their performance and market trends [1] - It emphasizes the competitive landscape among these companies, particularly in the streaming and digital content sectors, where they are vying for market share [1] - The analysis includes financial metrics and growth rates, indicating how each company is positioned in the current market environment [1] Group 2 - Specific financial data and performance indicators for each company are discussed, showcasing revenue growth, subscriber numbers, and market capitalization [1] - The article also touches on strategic initiatives undertaken by these companies to enhance their market presence and adapt to changing consumer preferences [1] - Future outlooks for these companies are presented, considering potential challenges and opportunities in the evolving digital landscape [1]

Core Insights - Major streaming services have increased subscription prices this year, a trend referred to as "streamflation" [2][8] - Paramount+ is the latest service to announce a price hike, effective in the first quarter of 2026 [3][8] - Consumers are increasingly opting for ad-supported tiers as a cost-saving measure, with significant growth in viewership for these plans [5][6] Price Increases - Netflix, HBO Max, Disney+, Hulu, Peacock, and Apple TV have all raised their prices recently [2][8] - Paramount's price increase follows similar moves by other major streaming companies [8] Consumer Behavior - Many consumers are unaware of the rising costs of their streaming subscriptions, potentially leading to higher monthly expenses [4] - Ad-supported versions of streaming services are gaining popularity, with a 16 percentage point increase in viewing for Disney+ and an 11 percentage point increase for Netflix year-over-year [5] - Approximately 45% of Netflix's viewing time now comes from its ad-supported tier, up from 34% the previous year [5] Free and Bundled Options - Free ad-supported streaming services have seen a rise in viewing hours, increasing from 1.3 billion to 1.8 billion hours year-over-year [6] - Bundling services can provide savings, such as combining Peacock Premium with Apple TV for $15 monthly, which is $9 less than the total cost of both services [9]