Offshore
Photo
Capital Employed
A fresh batch of Q1 fund letters just added including excellent letters from...
@DeepSailCapital @wmthomson22 @1MainCapital
https://t.co/lJZP1lUdTx https://t.co/gZ1qI8N2uk
tweet
A fresh batch of Q1 fund letters just added including excellent letters from...
@DeepSailCapital @wmthomson22 @1MainCapital
https://t.co/lJZP1lUdTx https://t.co/gZ1qI8N2uk
tweet
Wall St Engine
Jefferies Downgrades $AAPL to Underperform from Hold, Raises PT to $170.62 from $167.88; 'Mar Q In Line but Tariff Impact Likely to Worsen'
Analyst comments: "Apple reported 5%/5%/8% rev/NP/EPS growth for 2QFY25, in line with cons and above JEFe. Mgt indicated limited pull in for the Mar Q, but guided only LSD-MSD rev growth and US$900m tariff impact in the next Q. We est that implies 7m iPhone P/PM shipments from China, good enough for US demand in the Jun Q. Product GM is already under pressure, down 0.7ppt YoY. We believe tariff impact will expand over time to create more earnings downside. D/G to Underperform."
Analyst: Edison Lee
tweet
Jefferies Downgrades $AAPL to Underperform from Hold, Raises PT to $170.62 from $167.88; 'Mar Q In Line but Tariff Impact Likely to Worsen'
Analyst comments: "Apple reported 5%/5%/8% rev/NP/EPS growth for 2QFY25, in line with cons and above JEFe. Mgt indicated limited pull in for the Mar Q, but guided only LSD-MSD rev growth and US$900m tariff impact in the next Q. We est that implies 7m iPhone P/PM shipments from China, good enough for US demand in the Jun Q. Product GM is already under pressure, down 0.7ppt YoY. We believe tariff impact will expand over time to create more earnings downside. D/G to Underperform."
Analyst: Edison Lee
tweet
Wall St Engine
DA Davidson Cites “Strong Subscriber Growth & Resilient Trends” as It Maintains Buy on $DUOL, Raises PT to $470 from $410
Analyst comments: "Duolingo reported Q1’25 results that came in 3% ahead of our estimates on revenue and 11% ahead on adjusted EBITDA. First-quarter performance was driven by continued subscriber growth and strong uptake of higher-priced plans like Duolingo Max and the Family plan. Duolingo’s Q2 guidance of 40–45% year-over-year daily active user (DAU) growth came in ahead of consensus and our estimate at the midpoint, supported by ongoing product optimization and strength in resurrected users—42.5% DAU growth expected at the midpoint, even while lapping 59% year-over-year growth in Q2’24.
Despite uneasiness in the macro environment and reports of broader consumer softness, Duolingo indicated it has not seen any softness in the quarter, and that usage trends remain strong. During past periods of macro weakness, the company noted it tends to be well positioned due to: (1) its global presence, (2) its freemium model, which at minimum sustains user engagement, and (3) its low pricing relative to the high value provided. In prior instances of concern around consumer spending, Duolingo has not typically seen a corresponding drop-off in its performance. We reiterate our Buy rating."
Analyst: Wyatt Swanson
tweet
DA Davidson Cites “Strong Subscriber Growth & Resilient Trends” as It Maintains Buy on $DUOL, Raises PT to $470 from $410
Analyst comments: "Duolingo reported Q1’25 results that came in 3% ahead of our estimates on revenue and 11% ahead on adjusted EBITDA. First-quarter performance was driven by continued subscriber growth and strong uptake of higher-priced plans like Duolingo Max and the Family plan. Duolingo’s Q2 guidance of 40–45% year-over-year daily active user (DAU) growth came in ahead of consensus and our estimate at the midpoint, supported by ongoing product optimization and strength in resurrected users—42.5% DAU growth expected at the midpoint, even while lapping 59% year-over-year growth in Q2’24.
Despite uneasiness in the macro environment and reports of broader consumer softness, Duolingo indicated it has not seen any softness in the quarter, and that usage trends remain strong. During past periods of macro weakness, the company noted it tends to be well positioned due to: (1) its global presence, (2) its freemium model, which at minimum sustains user engagement, and (3) its low pricing relative to the high value provided. In prior instances of concern around consumer spending, Duolingo has not typically seen a corresponding drop-off in its performance. We reiterate our Buy rating."
Analyst: Wyatt Swanson
tweet
Offshore
Photo
Wall St Engine
TRUMP: NO INFLATION, THE FED SHOULD LOWER ITS RATE!!!
"Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs." https://t.co/FSqlu8Gir7
tweet
TRUMP: NO INFLATION, THE FED SHOULD LOWER ITS RATE!!!
"Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs." https://t.co/FSqlu8Gir7
tweet
Offshore
Photo
Wall St Engine
LUCID SOLD JUST ONE CAR IN NETHERLANDS IN APRIL
After posting a small sales bump in March, $LCID's Dutch deliveries dropped again last month — just one vehicle sold. That brings total 2025 sales in the country to 16 so far. For comparison, Tesla sold 382 units and BYDmoved 268. https://t.co/dsbn13jhGl
tweet
LUCID SOLD JUST ONE CAR IN NETHERLANDS IN APRIL
After posting a small sales bump in March, $LCID's Dutch deliveries dropped again last month — just one vehicle sold. That brings total 2025 sales in the country to 16 so far. For comparison, Tesla sold 382 units and BYDmoved 268. https://t.co/dsbn13jhGl
tweet
Offshore
Photo
Wall St Engine
NVIDIA $NVDA IS AGAIN WORKING ON CHINA-TAILORED CHIPS AFTER U.S. EXPORT BAN - THE INFORMATION https://t.co/5zy3PoTLmB
tweet
NVIDIA $NVDA IS AGAIN WORKING ON CHINA-TAILORED CHIPS AFTER U.S. EXPORT BAN - THE INFORMATION https://t.co/5zy3PoTLmB
tweet