Communication Services

Google: Recalibrating Before Q1 FY23 Results (Archive)

Recalibrating Google Cloud margins before Q1 FY23 to frame an impending revenue beat.

Tencent: Don't Miss China's Livestream E-Commerce Boom (Archive)

Tencent is my favored way to capture China’s booming livestream e-commerce upside.

Google: Look Up At The Cloud (Archive)

Cloud’s quietly becoming Google’s profit engine, with pricing and margins inflecting higher.

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.