Offshore
Photo
App Economy Insights
$ADBE Adobe Q1 FY25:
• RPO +12% to $19.7B ($0.1B miss).
• Digital Media ARR +13% to $17.6B.
• Revenue +10% to $5.7B ($50M beat).
• Non-GAAP EPS $5.08 ($0.11 beat).
• Q2 FY25 revenue ~$5.8B (in-line).
• FY25 revenue ~$23.4B (unchanged). https://t.co/B9hToGJejy
tweet
$ADBE Adobe Q1 FY25:
• RPO +12% to $19.7B ($0.1B miss).
• Digital Media ARR +13% to $17.6B.
• Revenue +10% to $5.7B ($50M beat).
• Non-GAAP EPS $5.08 ($0.11 beat).
• Q2 FY25 revenue ~$5.8B (in-line).
• FY25 revenue ~$23.4B (unchanged). https://t.co/B9hToGJejy
tweet
Offshore
Photo
Hidden Value Gems
More resources focusing on making short-term forecasts, you know where the real opportunity lies ...
tweet
More resources focusing on making short-term forecasts, you know where the real opportunity lies ...
The pods are out of control. https://t.co/1NyeMLMwxT tweet
Offshore
Photo
The Kobeissi Letter
US job market is getting worse under the surface:
People working part-time jobs while seeking full-time employment jumped 460,000 in February, to 4.9 million, the highest since May 2021.
Over the last 2.5 years, the number of underemployed Americans has risen by 1.3 million.
These people are now considered part-time as their working hours have been reduced or they were unable to find a full-time role.
As a result, the underemployment rate (U-6) hit 8.0%, the highest since October 2021.
Meanwhile, the number of Americans not in the labor force who currently want a job hit 5.9 million last month, the highest since July 2021.
US underemployment is skyrocketing.
tweet
US job market is getting worse under the surface:
People working part-time jobs while seeking full-time employment jumped 460,000 in February, to 4.9 million, the highest since May 2021.
Over the last 2.5 years, the number of underemployed Americans has risen by 1.3 million.
These people are now considered part-time as their working hours have been reduced or they were unable to find a full-time role.
As a result, the underemployment rate (U-6) hit 8.0%, the highest since October 2021.
Meanwhile, the number of Americans not in the labor force who currently want a job hit 5.9 million last month, the highest since July 2021.
US underemployment is skyrocketing.
tweet
Offshore
Photo
Stock Analysis Compilation
Harris International Small Cap Strategy on Auction Technologies Group $AGT LN
Thesis: Auction Technologies Group (ATG) is an online marketplace that connects auctioneers to a vast bidder network, offering significant value through expanded reach and additional services while benefiting from the growing trend of e-commerce in auctions.
(Extract from their Q4 letter)
tweet
Harris International Small Cap Strategy on Auction Technologies Group $AGT LN
Thesis: Auction Technologies Group (ATG) is an online marketplace that connects auctioneers to a vast bidder network, offering significant value through expanded reach and additional services while benefiting from the growing trend of e-commerce in auctions.
(Extract from their Q4 letter)
tweet
Offshore
Photo
The Kobeissi Letter
Something does not add up here:
The difference between non-farm payrolls and the household survey was a whopping 739,000 jobs in February.
Friday’s job report showed 151,000 non-farm payrolls were added in February.
Meanwhile, 588,000 Americans lost their job last month, the second-highest drop since the 2020 pandemic, according to the household survey.
The household survey is a closely followed metric as it only counts workers once, even if they have multiple jobs.
All while 385,000 people left the labor force last month, suggesting Americans' confidence about the labor market is deteriorating.
What is happening here?
tweet
Something does not add up here:
The difference between non-farm payrolls and the household survey was a whopping 739,000 jobs in February.
Friday’s job report showed 151,000 non-farm payrolls were added in February.
Meanwhile, 588,000 Americans lost their job last month, the second-highest drop since the 2020 pandemic, according to the household survey.
The household survey is a closely followed metric as it only counts workers once, even if they have multiple jobs.
All while 385,000 people left the labor force last month, suggesting Americans' confidence about the labor market is deteriorating.
What is happening here?
tweet
Offshore
Photo
Quiver Quantitative
Schlossberg announced today that he closed his position on March 10th: https://t.co/R8RTqnkVHy
tweet
Schlossberg announced today that he closed his position on March 10th: https://t.co/R8RTqnkVHy
Tesla stock has now fallen 44% since Jack Schlossberg, JFK's only grandson, bought puts. https://t.co/euGA9MdYPN tweet
AkhenOsiris
For 3 years in a row now on AAPL & TSLA, Gene "comps" Munster says (paraphrase): 'tough few quarters, but things will re-accel when this is over'
tweet
For 3 years in a row now on AAPL & TSLA, Gene "comps" Munster says (paraphrase): 'tough few quarters, but things will re-accel when this is over'
Tough week for $AAPL. It will take a year, and they’ll get Apple Intelligence right, resulting in a step-function increase in product utility. - Gene Munstertweet