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App Economy Insights
RT @EconomyApp: $NU Nubank Q1 FY25:

• Customers +19% Y/Y to 119M.
• Deposits +48% Y/Y FXN to $31.6B.
• Revenue +40% Y/Y FXN to $3.2B.
• Revenue +19% Y/Y reported.
• Net income +47% Y/Y to $557M. https://t.co/bL7ZsKsAI4
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Offshore
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The All-In Podcast
J-Cal: USA Must Restore the Venture Flywheel 🇺🇸💰

With M&A and IPOs down significantly over the last four years, the besties discussed the importance of fixing a broken exits market.

@Jason:

"Japan, Australia, Singapore... they all want to recreate what we have here."

"What we've created here in Silicon Valley and in America is these diasporas that start when a company like Google goes public, and then those people go create Facebook or go work at Facebook like Sheryl Sandberg did."

"And they accelerate the growth there. And then those people become angel investors. They become LPs."

"This incredible flywheel was cooking. I mean, it was so smooth."

"And now we've literally stuck a stick in it."

@plaffont:

"On top of that, when these people die, most of them gave all their money away to foundations."

"Which is something very different between the US and Europe."

"In America, these people build companies, create new companies, invest in new companies, coach new companies, mentor new companies."

"And when they die, all that money goes to foundations that continue to promote and do some of the work that governments would do."

"Finally, how great is it that some foundations are competing with the government to decide what needs to be done?"
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Wall St Engine
EU regulators are expected to accept Microsoft’s $MSFT revised proposal to resolve the antitrust probe over its Teams video app, per Reuters. A final decision isn’t in yet—regulators will likely seek market feedback in the coming months before making it official.
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Wall St Engine
LOCKHEED MARTIN $LMT CFO:

WHAT OUR CUSTOMER IS TELLING US NOW IS TO EXPECT LOT 18 AND LOT 19 TO BE COMBINED INTO A SINGLE AWARD

F35 LOT 19 AWARD HAS THE POTENTIAL TO ACCELERATE COMPARED TO PREVIOUS EXPECTATION OF H2 OF THE YEAR
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Quiver Quantitative
JUST IN: Representative Clay Higgins has proposed a bill to abolish the EPA. https://t.co/7GaDKrvPv1
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Quiver Quantitative
BREAKING: Representative Mark Alford is releasing a companion bill to Senator Hawley's "PELOSI Act".

It would ban members of Congress and their spouses from holding or trading individual stock while in office. https://t.co/R4n6L9Gu15
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Quiver Quantitative
JUST IN: Susquehanna International Group, run by GOP mega donor Jeff Yass, just filed a portfolio update.

They appear to have added around $494M in Tesla stock last quarter and around $291M of Bitcoin.

Full holdings up on Quiver. https://t.co/OY95Mcra1F
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Wall St Engine
Microsoft $MSFT is shutting down its Xandr demand-side platform (DSP), telling clients the product no longer fits its AI-focused strategy, according to Digiday. The company says the current DSP model doesn’t align with its vision for personalized, AI-driven advertising. $TTD
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Wall St Engine
NETFLIX $NFLX SAYS IT NOW HAS 94 MILLION SUBSCRIBERS TO ITS ADVERTISING SUPPORTED SERVICE https://t.co/fvhSUxn3IM
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Wall St Engine
JPMorgan Was expecting 100M+ $NFLX Ad Tier MAUs https://t.co/3lIIXBT2C0

NETFLIX $NFLX SAYS IT NOW HAS 94 MILLION SUBSCRIBERS TO ITS ADVERTISING SUPPORTED SERVICE https://t.co/fvhSUxn3IM
- Wall St Engine
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