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RT @wallstengine: Morgan Stanley sees AI infrastructure spend topping $3T by 2028. That includes $2.6T on data centers (chips + servers), $210–330B on new power generation, and likely hundreds of billions more for grid upgrades. https://t.co/TkO2JXuVTx
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RT @wallstengine: Morgan Stanley sees AI infrastructure spend topping $3T by 2028. That includes $2.6T on data centers (chips + servers), $210–330B on new power generation, and likely hundreds of billions more for grid upgrades. https://t.co/TkO2JXuVTx
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$GOOGL is now down 🔻24% from its February peak, driven by concerns over AI’s impact on search.
What are your thoughts on $GOOGL right now? https://t.co/GYOHg0VEHS
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$GOOGL is now down 🔻24% from its February peak, driven by concerns over AI’s impact on search.
What are your thoughts on $GOOGL right now? https://t.co/GYOHg0VEHS
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Bank of America is sticking with its Buy rating on $GOOGL arguing the core Google Ads & Play businesses trade at just 9x 2026E earnings, well below the S&P 500’s 20x, which they see as compelling value (based on $285 in estimated GAAP EPS for 2026).
That valuation excludes contributions from YouTube, Cloud, Waymo, cash, and still-bleeding Other Bets—so there’s plenty of optionality.
BoA also highlights that total queries are growing, including on Apple devices, potentially thanks to tools like Circle to Search, image and voice search, the Google app, and Gemini.
On the Apple Safari TAC deal, they estimate it made up about 26% of 2025 net search revenue and 30% of profits, assuming gross revenue from Safari grew 44% over three years. But even with that risk, they believe the downside is priced in—with $GOOGL trading at just 15x 2026 earnings.
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Bank of America is sticking with its Buy rating on $GOOGL arguing the core Google Ads & Play businesses trade at just 9x 2026E earnings, well below the S&P 500’s 20x, which they see as compelling value (based on $285 in estimated GAAP EPS for 2026).
That valuation excludes contributions from YouTube, Cloud, Waymo, cash, and still-bleeding Other Bets—so there’s plenty of optionality.
BoA also highlights that total queries are growing, including on Apple devices, potentially thanks to tools like Circle to Search, image and voice search, the Google app, and Gemini.
On the Apple Safari TAC deal, they estimate it made up about 26% of 2025 net search revenue and 30% of profits, assuming gross revenue from Safari grew 44% over three years. But even with that risk, they believe the downside is priced in—with $GOOGL trading at just 15x 2026 earnings.
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S&P 500 Closing Bell Heatmap (May 08, 2025)
$SPY +0.68% 🟩
$QQQ +1.03% 🟩
$DJI +0.62% 🟩
$IWM +1.92% 🟩 https://t.co/gU7YL3e3A3
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S&P 500 Closing Bell Heatmap (May 08, 2025)
$SPY +0.68% 🟩
$QQQ +1.03% 🟩
$DJI +0.62% 🟩
$IWM +1.92% 🟩 https://t.co/gU7YL3e3A3
S&P 500 Opening Bell Heatmap (May 08, 2025)
$SPY +0.71% 🟩
$QQQ +1.02% 🟩
$DJI +0.50% 🟩
$IWM +1.16% 🟩 tweet
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$TTD Q1 Earnings 🚨
• Revenue $616 Mln vs Est. $575 Mln (7% beat)
• EPS $0.33 vs Est. $0.25 (32% beat)
Shares are up +11% after hour https://t.co/QaSkkXUtVX
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$TTD Q1 Earnings 🚨
• Revenue $616 Mln vs Est. $575 Mln (7% beat)
• EPS $0.33 vs Est. $0.25 (32% beat)
Shares are up +11% after hour https://t.co/QaSkkXUtVX
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$LYFT Q1'25 Earnings Highlights
🔹 Revenue: $1.45B (Est. $1.47B) 🔴
🔹 Gross Bookings: $4.16B (Est. $4.15B) 🟢; +13% YoY
🔹 Adj EBITDA: $106.5M (Est. $92.4M) 🟢; +79% YoY
Q2'25 Guidance:
🔹 Gross Bookings: $4.41B–$4.57B (Est. $4.5B) 🟡; UP +10% to +14% YoY
🔹 Adjusted EBITDA: $115M–$130M (Est. $123.2M) 🟡
🔹 Adjusted EBITDA Margin: 2.6%–2.8%
Q1 Operational Metrics:
🔹 Rides: 218.4M; UP +16% YoY — record Q1
🔹 Active Riders: 24.2M; UP +11% YoY — record Q1
🔹 Net Income: $2.6M (vs. -$31.5M YoY)
🔹 Net Income Margin: 0.1% (vs. -0.9% YoY)
🔹 Adjusted EBITDA Margin: 2.6% (vs. 1.6% YoY)
🔹 Operating Cash Flow: $287.2M (vs. $156.2M YoY)
🔹 Free Cash Flow: $280.7M (vs. $127.1M YoY)
🔹 TTM Operating Cash Flow: $980.8M
🔹 TTM Free Cash Flow: $919.9M
Strategic & Business Highlights:
🔸 16th consecutive quarter of double-digit YoY Gross Bookings growth
🔸 Rides reached highest weekly levels ever in last week of March
🔸 Announced Lyft Silver: a new service for older adults (65+), currently 5% of riders, targeting 70M+ aging population by 2030
🔸 Rolled out Earnings Assistant, an AI-powered tool to help drivers optimize earnings
🔸 Acquiring FREENOW to expand into Europe
Capital Allocation:
🔹 Share Repurchase Program increased to $750M
🔹 $500M to be deployed in next 12 months; $200M within the next 3 months
🔹 Will execute repurchases via Rule 10b5-1 trading plans
CEO David Risher's Commentary:
🔸 "Q1 marked our strongest start ever, with record Gross Bookings and Rides. We’re expanding demographics through Lyft Silver and geographic reach via FREENOW. Our strategy is delivering momentum and resilience."
CFO Erin Brewer's Commentary:
🔸 “With 16% ride growth, strong profits, and nearly $1B in TTM operating cash flow, we’re executing with financial discipline. This strength supports our expanded repurchase program and ongoing investment in growth.”
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$LYFT Q1'25 Earnings Highlights
🔹 Revenue: $1.45B (Est. $1.47B) 🔴
🔹 Gross Bookings: $4.16B (Est. $4.15B) 🟢; +13% YoY
🔹 Adj EBITDA: $106.5M (Est. $92.4M) 🟢; +79% YoY
Q2'25 Guidance:
🔹 Gross Bookings: $4.41B–$4.57B (Est. $4.5B) 🟡; UP +10% to +14% YoY
🔹 Adjusted EBITDA: $115M–$130M (Est. $123.2M) 🟡
🔹 Adjusted EBITDA Margin: 2.6%–2.8%
Q1 Operational Metrics:
🔹 Rides: 218.4M; UP +16% YoY — record Q1
🔹 Active Riders: 24.2M; UP +11% YoY — record Q1
🔹 Net Income: $2.6M (vs. -$31.5M YoY)
🔹 Net Income Margin: 0.1% (vs. -0.9% YoY)
🔹 Adjusted EBITDA Margin: 2.6% (vs. 1.6% YoY)
🔹 Operating Cash Flow: $287.2M (vs. $156.2M YoY)
🔹 Free Cash Flow: $280.7M (vs. $127.1M YoY)
🔹 TTM Operating Cash Flow: $980.8M
🔹 TTM Free Cash Flow: $919.9M
Strategic & Business Highlights:
🔸 16th consecutive quarter of double-digit YoY Gross Bookings growth
🔸 Rides reached highest weekly levels ever in last week of March
🔸 Announced Lyft Silver: a new service for older adults (65+), currently 5% of riders, targeting 70M+ aging population by 2030
🔸 Rolled out Earnings Assistant, an AI-powered tool to help drivers optimize earnings
🔸 Acquiring FREENOW to expand into Europe
Capital Allocation:
🔹 Share Repurchase Program increased to $750M
🔹 $500M to be deployed in next 12 months; $200M within the next 3 months
🔹 Will execute repurchases via Rule 10b5-1 trading plans
CEO David Risher's Commentary:
🔸 "Q1 marked our strongest start ever, with record Gross Bookings and Rides. We’re expanding demographics through Lyft Silver and geographic reach via FREENOW. Our strategy is delivering momentum and resilience."
CFO Erin Brewer's Commentary:
🔸 “With 16% ride growth, strong profits, and nearly $1B in TTM operating cash flow, we’re executing with financial discipline. This strength supports our expanded repurchase program and ongoing investment in growth.”
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