==Madison Square Garden Sports (MSGS) and Madison Square Garden Entertainment (MSGE)

MSGS owns the New York Knicks (NBA), New York Rangers (NHL), and related assets (minor league teams, training facilities, etc.).

It became public through a spin-off in 2015 (originally trading as MSG) from what was then the broader Madison Square Garden Company.

In 2020, it spun off its entertainment assets (including Madison Square Garden arena operations) into a separate public company (now MSGE / Sphere Entertainment).

MSG Sports is actively pursuing a proposed tax-free spin-off to separate the Knicks and Rangers businesses into two distinct publicly traded companies.

 

==Nu Holdings Ltd. (NU) : 5-year performance

 

Nubank (also known outside Brazil as Nu) is Latin America's largest digital bank and fintech company, serving over 135 million customers across Brazil, Mexico, and Colombia. Headquartered in São Paulo, Brazil, it operates entirely through a mobile app, offering no-fee credit cards, digital accounts, personal loans, and investments. 

• https://international.nubank.com.br/about/
• Ticker: NU

Core Offerings and Features

Nubank was designed to disrupt traditional Latin American banking by eliminating account maintenance fees, cutting out physical branches, and using data-driven artificial intelligence to provide rapid approvals and strong customer support. 

• Digital Accounts: Features high-yield daily liquidity and digital transfer options like Pix in Brazil.
Credit Cards: Initially launched as a no-annual-fee credit card, it acts as a primary entry point for millions of unbanked and underbanked individuals.
Other Services: Personal loans, life insurance, SME business accounts, and investment products.

Growth and Expansion

Founded in 2013 by David Vélez, Cristina Junqueira, and Edward Wible, Nubank has become one of the fastest-growing and most valuable financial institutions in emerging markets. 

ERock, Inc. (EROC) began trading on the NYSE on Wed 10 June 26

ERock (formerly Enchanted Rock), provides reliable, large-scale onsite power solutions (natural gas generators, microgrids, bridge/backup/dispatchable power). 

It primarily serves data centers, utilities, and large commercial & industrial (C&I) customers, with major footprints in California and Texas. 

• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Full Time Employees: 440
• Founded in 2006 
• HQ in Houston, Texas
• https://erock.com

Pricing: $21.50 per share (midpoint of the $20.00–$23.00 range). 

Shares offered: 27,906,977 shares of Class A common stock, raising approximately $600 million in gross proceeds.

The company is experiencing heightened demand from AI as data centers require massive, reliable power for AI workloads and GPU clusters. Its quick-response natural gas generators provide immediate, dispatchable power to support AI infrastructure expansion while grid capacity lags, making ERock a critical partner for AI companies needing rapid power deployment.

At the center of Erock's platform is RockBlock, a modular, distributed generator string that incorporates the company's proprietary natural gas engine, scales in 0.5 MW increments from 1.5 MW to 3.5 MW per RockBlock, and is assembled in-house. The generator technology is also supported by its Granite Software Ecosystem. 

Over the past decade, the company has built relationships with leading data center and AI firms, such as Microsoft (MSFT), Wistron, and Foxconn; electric and gas utilities, such as Entergy (ETR), and ComEd (EXC); and C&I customers, such as H-E-B and Walmart (WMT).