We keep coming back to Meta on Magic Markets Premium because the company keeps dishing up surprises and volatility. After a spectacular run in the share price, is it time to take profits and stand back?
Use the podcast player below to listen to our discussion on MercadoLibre and its Q4'22 result, which accompanies the detailed write-up below: (Date of report: 2 March 2023) In 2022, MercadoLibre achieved three big milestones that they describe as 100, 10 and 1. That means $100 billion in payments processed, $10 billion in revenue and $1 billion in EBIT. Latin America’s leading eCommerce platform is more than just Amazon or Etsy. There’s a strong flavour of Tencent going on here, which isn’t a bad thing. Perhaps most of all, the similarities to Alibaba are striking. Operating in a high growth region [...]
Use the podcast player below to listen to our discussion on Microsoft and its Q2'23 result, which accompanies the detailed write-up below: (Date of report: 2 February 2023) From cloud to AI – the narrative at Microsoft has shifted, proving once again that the company sits at the forefront of global technology trends. When CEO Satya Nadella speaks, the market listens. As we revisit Microsoft after more than a year, the growth story has slowed and there are challenges in the business. The share price has cooled off significantly in line with the broader market. For patient capital, is this an [...]
Use the podcast player below to listen to our discussion on Apple and its Q4’22 result, which accompanies the detailed write-up below: (Date of report: 17 November 2022) Without a doubt the best global example of how tech hardware and services combine to form a powerful ecosystem, Apple is the most valuable company in the world and deservedly so. Originally built through revolution, the company is now all about evolution. Is that its greatest strength, or perhaps its most significant vulnerability? We unpack the company that brushed off a pandemic to achieve the best recent returns in the tech industry. Elevator [...]
As the dust settles on the Big Tech earnings season, we look back on what we’ve learnt from covering the leading tech companies in Magic Markets Premium in the past year, including recent shows on Meta, Amazon and Apple. The fight for eyeballs is dominating this industry. The “attention economy” is lucrative and technology platforms have found various ways to monetise it, ranging from advertising to subscription business models. If you are interested in uncommon insights, then this show is for you. Instead of focusing on the obvious elements of Big Tech earnings, we highlight some of the trends and themes [...]
Use the podcast player below to listen to our discussion on Amazon and its Q3’22 result, which accompanies the detailed write-up below: (Date of report: 10 November 2022) What started out as “Earth’s Biggest Bookstore” is now estimated to have gross merchandise value ahead of Walmart, with a big chunk of sales from third-party sellers who use Amazon as a marketplace. The retail side of the business is loss-making again. Amazon Web Services (AWS) is making the money, with all eyes on cloud growth and the advertising business within Amazon’s retail operations. The group is a perfect case study of the [...]
Use the podcast player below to listen to our discussion on Meta and its Q3’22 result, which accompanies the detailed write-up below: (Date of report: 3 November 2022) 2.9 billion people every day. That’s how many warm bodies engage with a Meta product. This is one of the most powerful ecosystems in the world with undeniable network effects, yet the Meta share price is back to where it was several years ago. In that time, earnings have more than tripled. With Zuckerberg and team doubling down on the Metaverse, the investment thesis has moved well beyond Family of Apps. The market [...]
Use the podcast player below to listen to our discussion on Netflix and its Q3’22 result, which accompanies the detailed write-up below: (Date of report: 27 October 2022) When we recap stocks we’ve previously covered, we usually recap at least two companies in one show. Netflix is an exception, as the model is changing and Netflix is exhibiting the characteristics of a startup. Coupled with exciting recent price action, we felt that there’s been enough interest in this company and movement in the underlying thesis to warrant another standalone podcast and report. Welcome to Netflix: The Sequel! In January, Netflix was [...]
Use the podcast player below to listen to our discussion on Alphabet and its Q2’22 result, which accompanies the detailed write-up below: (Date of report: 3 August 2022) Alphabet, the parent company of Google, has been the fabric of the internet for as long as any of us can remember. All the buzzwords are now in the business, like AI, machine learning and cloud. The technologies of tomorrow are burning cash while the technologies of today are struggling to maintain their margins. Alphabet’s core business is the Search segment and the company has never faced more competition than today, with younger [...]
Use the podcast player below to listen to our discussion on Netflix and its Q4’21 result, which accompanies the detailed write-up below: (Date of report: 26 January 2022) It's not every day that one of the most popular companies in the world sheds a quarter of its market cap in a single day. Toddler Ghost may be a huge fan of CocoMelon, but even that wasn't enough to save the share price. Did anyone see it coming? Well, we've flagged the free cash flow risks before, so the short answer is yes. Moe got in nice and early and has still [...]
Get notified about updates and be the first to get early access to new episodes.
© Copyright 2023 | Magic Markets | All Rights Reserved
