Communication Services

Meta Platforms: Due For A Time Correction? (Archive)

Meta’s core ad business faces extended headwinds while metaverse bets remain years from clarity.

NetEase: Masked Margin Miss (Archive)

Favorable PC mix exposed a structural 360 bps margin headwind in core gaming.

Verizon: A Strategy To Lose Market Share (Archive)

Verizon is trading margin protection for growth, risking a slow bleed in market share.

Paramount Global: Mixed Signals (Archive)

Weak advertising drags Paramount, but streaming growth and margin levers keep me cautious.

Pinterest: People Aren't Pricing In The Positives (Archive)

Pinterest’s superior advertiser value, rising engagement, and monetization point to underappreciated upside.