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Stock impact report

SaltLight Capital Q3 2025 Co-Investor Letter [Seeking Alpha]

Applovin Corporation - Class A (APP) 
Company Research Source: Seeking Alpha
Aggregate industry returns on capital are very respectable; however, the profit pool is not evenly distributed. For now, the fabs and the infrastructure designer, NVIDIA, are capturing most of the value. Our portfolio companies Tencent, AppLovin, and Google are already experiencing significant, tangible benefits from AI. This quarter, every major hyper-scaler has now tapped the debt markets. Torsten Asmus/iStock via Getty Images Dear Co-Investor Our letter to you is arriving somewhat later in the quarter than usual. Admittedly, it has been a busy earnings season, but the more honest answer is that we have been working on some very intriguing potential investments for next year. As ever, we are unrepentant opportunists . We end up pulling on a thread of an idea and suddenly find ourselves tumbling down the rabbit hole. Over the years, we have trained our noses to follow the subtle scent of opportunity – with the periodic risk that we discover we've been chasing a “value Show less Read more
Impact Snapshot
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Time And Velocity Analysis
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