Topic
Stocks
32 articles in this thread.
ARK sold Airbnb. A trade log cannot tell us why.
ARK’s reported Airbnb sale and Robinhood purchase show position changes. They do not prove a new investment mandate.
Amazon can spend $200 billion. The return is the hard part.
Amazon planned about $200 billion of 2026 capital spending. AWS growth is real; the payback on that buildout remains unproven.
Uber grew fast in Q4. The earnings miss needs a closer look.
Uber’s Q4 2025 bookings and cash flow grew, while investment marks complicated EPS. The operating margin deserves its own read.
Q3 2025 Gig Earnings: The Orders Were Easy. The Costs Weren't.
Uber, DoorDash, and Lyft all grew in Q3 2025. The useful question is what each had to spend to keep growing, and which costs actually showed up in the filings.
OpenAI's new structure gives the nonprofit control. What will it use it for?
OpenAI's 2025 recapitalization clarified ownership and control, but it was not an IPO announcement. The governance decisions are the real test.
Uber joined the S&P 100. The index cannot run a fleet.
Uber's S&P 100 inclusion marked its scale in 2025. It did not prove lower capital costs or that its robotaxi partnerships would work.
DoorDash joined the S&P 500. Delivery margins still matter more.
DoorDash entered the S&P 500 in March 2025. Index inclusion confirms scale; it does not prove future delivery margins.
I thought regulators would block Alaska–Hawaiian. They didn't.
I doubted Alaska's 2023 Hawaiian Airlines deal would close. It did in 2024, leaving the promised consumer benefits to prove.
Uber joining the S&P 500 marked a change in its financial story
Uber entered the S&P 500 in December 2023. The meaningful shift was sustained operating progress, not index-fund buying.
Grab Achieves Profit on Adjusted Basis
Grab reached positive adjusted EBITDA in Q3 2023, while still losing money overall. The excluded costs and cash flow mattered.
Shein Targets $90 Billion Valuation in Upcoming IPO
Shein, the Singapore-based fast fashion giant, is setting its sights high for its U.S
Uber's Q3 2023 profit was a repeat, not a first
Uber reported $394 million in Q3 2023 operating income after turning positive the quarter before. The repeat was the useful result.
Changes at Lyft Board
Two Lyft directors resigned in October 2023. The filing did not connect their departures to the company's SEC settlement.
Lyft Fined $10 Million Over Icahn-Soros Deal
Lyft Inc. has settled a $10 million fine with the SEC for not disclosing a board director's role in a share sale involving billionaires Carl Icahn and George Soros, just before the company's 2019 IPO. The director, identified as Jonathan Christodoro, helped Icahn sell a 2.6% stake in Lyft to Soros at a discounted rate. Christodoro reportedly received fees for the deal and resigned from Lyft's board at the time of the transaction. The case raises questions about Lyft's transparency and disclosure practices.
Tesla's Q3 Vehicle Numbers Fell Short
Tesla has long been the industry leader when it comes to electric vehicles (EVs), constantly setting the bar high for competitors
Elon Musk agrees to buy Twitter
Musk revived the $54.20 Twitter offer in October 2022. The useful question then was whether the deal would close.
Grab aims to break even by H2 2024
Grab's 2022 break-even target used adjusted EBITDA. The useful question was whether rides and delivery could carry themselves.
Stadia is shutting down
Stadia's shutdown came with refunds, but it exposed the cost of buying games that depended on one company's servers.
Twilio and anti-racist layoffs
Twilio invoked an anti-racist lens in its 2022 layoffs. The unanswered question was how the process worked, not an unsupported claim about race-based selection.
Adobe plans to acquire Figma
Adobe's planned $20 billion Figma purchase looked defensive to a product-team user. The deal later fell apart.
Amazon takes stake in Grubhub
Amazon's 2022 Grubhub deal offered Prime distribution, but repeat orders after the free membership were the real test.
SEC to require climate-change risk disclosures
The SEC proposed climate disclosures in 2022. The value would depend on comparable risk data, not a longer sustainability report.
Bird continues to face challenges
Bird's scooters were useful when they worked. Broken vehicles made fleet uptime and repair cost the business question.
Peloton reports wider-than-expected loss
Peloton's 2021 price cut and guidance downgrade raised a basic question: would lower-margin Bikes produce lasting subscribers?
AMD beats revenue estimates with $4.31B
AMD's 54% revenue growth in Q3 2021 said more about its product position against Intel than the day's share-price move.
Facebook Q3 earnings: profit beats estimates
Facebook's Q3 2021 profit beat proved its ad business could absorb a shock for a quarter, not that Apple's privacy changes were harmless.
PayPal is exploring Pinterest acquisition
The reported PayPal–Pinterest talks in 2021 raised a product question: could payments improve shopping without spoiling discovery?
Facebook fined $69.6 million in the UK for Giphy takeover
The UK's £50.5 million Giphy fine targeted Facebook's conduct during merger review, which is more telling than the size of the penalty.
Netflix adds 4.4 million membership
Netflix added 4.4 million memberships in the third quarter of 2021, beating its own forecast as revenue and profit rose.
DoorDash and Uber Eats are gaining on Grubhub
DoorDash and Uber Eats gained share from Grubhub in 2021. Share estimates showed who won orders, not who earned them profit.
This week's earnings call
My October 2021 earnings watchlist focused on Netflix retention, Tesla's factory ramp, and Intel's response to AMD.
The wealthiest 10% of Americans own a record 89% of all U.S. stocks
The wealthiest tenth held nearly nine-tenths of U.S. stocks and mutual funds in 2021; market gains reached households unevenly.