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RT @signulll: satya is in a league of his own. he actually says coherent, bold, strategically sharp things while sundar by stark contrast mostly meanders in corporate safe platitudes. satya takes real bets (openai, activision, cloud push) & owns the narrative, while sundar always feels like he’s nervously managing downside all while acting like google’s hr-approved caretaker sleepwalking through the most pivotal era of our lifetime.

it’s rare for a non-founder ceo to have this level of conviction & public presence without feeling like a generic suit. most ceos in his position would just coast on momentum, but he keeps making asymmetric moves that actually change the game.

i guess the real difference here is satya acts like a leader, sundar acts like a manager. this entire conversation is worth your time.

.@satyanadella on:

- why he doesn’t believe in AGI but does believe in 10% economic growth

- Microsoft’s new topological qubit breakthrough and gaming world models

- whether Office commoditizes LLMs or the other way around

Links below. Enjoy!

Timestamps
0:00:00 - Intro
0:05:48 - AI won't be winner-take-all
0:16:02 - World economy growing by 10%
0:22:23 - Decreasing price of intelligence
0:31:03 - Microsoft's Quantum breakthrough
0:43:35 - Microsoft's gaming world model
0:50:35 - Legal barriers to AI
0:56:30 - Getting AGI safety right
1:05:43 - 34 years at Microsoft
1:11:31 - Does Satya Nadella believe in AGI? - Dwarkesh Patel
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⁠Stock Analysis Compilation
Artisan International Value Strategy on RELX $REL LN

Thesis: RELX’s data-driven businesses remain strong, but AI-driven valuation expansion limits further upside.

(Extract from their Q4 letter) https://t.co/iqJ6jNvduL
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⁠Quiver Quantitative
BREAKING: Kash Patel has been confirmed as FBI Director.

Here are his some of his portfolio holdings, which he has said he will divest from:

- $115K of Bitcoin
- $100K of $CORZ, a Bitcoin mining company
- $100K of Palantir
- $15K of Rumble
- $15K of PublicSquare https://t.co/uKYoweicVO
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⁠Stock Analysis Compilation
1 Main Capital on IWG $IWG LN

Thesis: IWG is a promising investment with significant growth potential in its managed workspace segment and strong financial improvements expected ahead of a planned share buyback.

(Extract from their Q4 letter) https://t.co/AbbK7gsUT9
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⁠Quiver Quantitative
Representative Robert Garcia has received a letter from the DOJ: https://t.co/xWHXA7KlJV
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⁠Quiver Quantitative
BREAKING: A judge has ruled that Trump can move forward with mass firings at federal agencies
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⁠App Economy Insights
$NU Nu Holdings Q4 FY24.

• Customers +22% Y/Y to 114M.
• Deposits +55% Y/Y FXN to $29B.
• ARPAC +23% Y/Y FXN to $11.
• Revenue +24% Y/Y to $3.0B ($0.2B miss).
• Net income +53% Y/Y to $553M. https://t.co/MfBb1uhAGh
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⁠Dimitry Nakhla | Babylon Capital®
Mercado Libre $MELI Q4 2024 Report 💰

📈Revenue: $6.06B (+37% YoY)
📈EPS: $12.61 (+288% YoY)

💸 $680M adjusted FCF in Q4
___

Commerce Services: $2.84B
Commerce Product Sales: $709M
Total Commerce Revenues: $3.55B

Total Fintech Revenues: $2.50B

Items Sold: 525.5M
Total Payment Volume (TPV): $58.9B
Gross Merchandise Volume (GMV): $14.5B

Mercado Libre $MELI reports its Q4 earnings today

Here are the estimates:

Revenue $5.94B (+39.43% YoY)
EPS $7.56 (+132.61% YoY)
___

Additional parts of $MELI's business to keep an eye on for YoY comparison (the numbers below reflect the Q4 2023 report and YoY comparison to Q4 2022):

Commerce Services: $1.96B (45% YoY)
Commerce Product Sales: $502M (61% YoY)
Total Commerce Revenues: $2.46B (48% YoY)

Total Fintech Revenues: $1.80B (34% YoY)

Items Sold: 431M (29% YoY)
Total Payment Volume (TPV): $56.51B (153% YoY)
Gross Merchandise Volume (GMV): $13.5B (79% YoY) - Dimitry Nakhla | Babylon Capital®
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⁠Dimitry Nakhla | Babylon Capital®
Booking Holdings $BKNG Q4 2024 Report 🗓️

•Rev: $5.47B (+14% YoY) vs $5.18B est

•EPS: $41.55 (+30% YoY) vs $35.89 est https://t.co/5fl3cDXpxA
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