Shopify 4Q'22 Earnings Update
"If you look at our 7 years since IPO, we were profitable 5 out of the 7."-Harley Finkelstein (4Q'22 Call) Except that's not true! Shopify was profitable only 2 out of 7 years since IPO.
Topic
Earnings Update
A collection of 42 issues
IAC 4Q'22 Earnings Update
Disclosure: I own shares of IAC The world was priced for perfection, digital companies broadly focused on growth at all costs, and “basic” was a tacit insult. Not anymore!
Amazon 4Q'22 Earnings Update
Disclosure: I own shares, and Jan 2025 call options of Amazon..it's important to remember that over the last few years, we took a fulfillment center footprint that we've built over 25 years and doubled it in just a couple of years.
Alphabet 4Q'22 Earnings Update
Disclosure: I own shares, and Jan 2025 call options of Alphabet More than 6 years ago, I first spoke about Google being an AI-first company -Sundar Pichai (4Q'22 Earnings Call) Given the hype of AI and speculation of AI being potentially Achilles heel of Google Search and its profitability, AI was
Meta 4Q'22 Earnings Update
Disclosure: I own shares, and Jan 2025 call options of Meta What a difference three months makes! Meta stock almost doubled from late October to today!
Spotify 4Q'22 Earnings Update
Disclosure: I own shares of Spotify we're in a better position competitively than we've been in many, many years. For throughout the existence of Spotify, we have always heard of competitors, and it was always the sort of big scary wolf, whether it was Apple or Amazon in the past, et cetera.
Adobe 4Q'22 Update
"It is the golden age of design. Everybody would like to express themselves."Shantanu Narayen, CEO of Adobe While the days of 20%+ topline growth is clearly behind us, Adobe remains the juggernaut in creativity software industry.
Autodesk 3Q'FY 2023 Earnings Update
Disclosure: I own shares of Autodesk Autodesk had bit of a mixed quarter. While they typically beat the high end of their guidance, Q3 topline was near the low end of the guidance.
IAC 3Q'22 Earnings Update
Disclosure: I own shares of IAC Perceptions of both IAC and Angi have swung from extreme confidence to extreme skepticism.
Amazon 3Q'22 Earnings Update
Disclosure: I own shares of Amazon When faced with an uncertain economy or some kind of discontinuous event, customers tend to double down on companies that they believe have the best customer experience and that take care of them the best As Bezos said, long-term shareholders and customers