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Quiver Quantitative
BREAKING: President Trump just spoke on the cause of the stock market sell-off.

Do you agree with him? https://t.co/5P9M36lhl7
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App Economy Insights
$COST Costco Q2 FY25.

• Revenue +9% Y/Y to $63.7B ($0.6B beat).
• EPS $4.02 ($0.09 miss).
• 897 warehouses (+22 Y/Y, +6 Q/Q).

Comparable sales Y/Y (adjusted):
• US +8.6%.
• Company +9.1%.
• E-commerce +22.2%. https://t.co/nsqKj4MXAE
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App Economy Insights
$AVGO Broadcom Q1 FY25 (January quarter).

VMWare acquisition completed in late 11/2023.

• Revenue +25% Y/Y to $14.9B ($0.3B beat).
• Non-GAAP EPS $1.60 ($0.09 beat).

Q2 FY25 guidance:
• Revenue ~$14.9B ($0.3B beat).
• Adjusted EBITDA margin ~66%. https://t.co/jOFydCzYtY
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The Kobeissi Letter
Trading during trade wars:

Over the last 2 weeks, the S&P 500's market cap has swung by an average of $500+ BILLION per day.

This has created an exceptional trading environment for technical traders.

Want to capitalize on it? Here's what we've been doing.

(a thread) https://t.co/M06mNrqSF0
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The Kobeissi Letter
BREAKING: President Trump is considering an Executive Order to establish a Bitcoin Strategic Reserve as soon as tomorrow, per Bloomberg, DB. https://t.co/dDAZqlzdFT
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Stock Analysis Compilation
Diamond Hill Large Cap Fund on Lululemon $LULU US

Thesis: Lululemon is a high-quality technical apparel brand with a strong market presence and growth potential, positioned to overcome current sales challenges and capitalize on its intrinsic value.

(Extract from their Q4 letter)
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The Kobeissi Letter
BREAKING: President Trump signs Executive Order establishing a Strategic Bitcoin Reserve. https://t.co/P7k1nk2FTp
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The Kobeissi Letter
BREAKING: Bitcoin falls sharply after President Trump signs Executive Order establishing a Strategic Bitcoin Reserve.

Why?

No explanation on how the reserve will be funded aside from Bitcoin already held by the US.

It’s simply a promise to not sell what they currently hold. https://t.co/oewvRLe8mj
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Finding Compounders
Seth Klarman on Risk https://t.co/c6OldInDFE
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