Portfolio construction, valuation, and capital flows.
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Search within this sectionAlphabet booked a $99.0 billion net gain on equity securities in the second quarter of 2026. Of that, $278 million came from securities it actually sold. An NYU accounting professor explains what the rest of the number is, and what it is not.
On Holding missed second quarter expectations by roughly CHF 28 million and fell 20 percent. Currency translation had already removed about CHF 61 million from the same line, and the company now operates in a currency it does not report in.
Super Micro forecast up to $72 billion of fiscal 2027 revenue against consensus near $54 billion. Its CEO and CFO have concluded its disclosure controls are not effective, and one of the four unremediated weaknesses covers the identification of related party transactions.
Nvidia has committed tens of billions to companies across its own customer base: equity in CoreWeave and Nebius, and $3.5bn of facility lease guarantees. But the filings that disclose the capital never name a financed customer in the revenue-concentration note. This is what can and cannot be concluded.
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