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App Economy Insights
$GOOG Alphabet Q1 FY25:

• Revenue +12% Y/Y to $90.2B ($1.0B beat).
• Operating margin 34% (+2pp Y/Y).
• EPS $2.81 ($0.80 beat).

☁️ Google Cloud:
• Revenue +28% Y/Y to $12.3B.
• Operating margin 18% (+8pp Y/Y).

▶️ YouTube ads +10% to $8.9B. https://t.co/mgcf8ntqlc
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Dimitry Nakhla | Babylon Capital®
IYKYK. https://t.co/Dp8XlLbPW2
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The Kobeissi Letter
BREAKING: The NY Empire State Manufacturing Index fell to -8.1 points in April, recording the 3rd negative reading this year.

More importantly, 6-month outlook for general business conditions plummeted to -7.4, the lowest in 24 years.

Additionally, the 6-month outlook for new orders fell to -6.6, the lowest in history.

Not even the 2008 Financial Crisis saw such a grim outlook.

All while prices paid outlook spiked to 65.6, the highest since mid-2022.

Stagflation is here.
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RT @AltcoinGordon: POV: You bought the right meme coins https://t.co/9Aj7unqoDP
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RT @PabloPeniche: https://t.co/DgKRrFTyQU

what’s the defining piece of covid era art?
- frye
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RT @VideoReacts: Manchester United / Man United / football fan covers / covering / peeks / peeking / looks / looking under / hides / hiding TV behind a towel / curtain / cover https://t.co/Aj8yuEazAZ
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RT @VideoReacts: WWE Vince McMahon sad / in pain / holds / holding back tears / tries / trying not to cry / “Dad who was” meme https://t.co/7yjmvw8lg8
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