The market has taken the world’s most-owned stock and, inside two months, compressed it to roughly 22–24x consensus NTM / FY27 earnings — not clearly below the S&P 500, but strikingly close to a market multiple for a company whose revenue just grew 85% year over year — on a be...
Read Article ›Duolingo is the rare consumer-software franchise that deliberately throttled its own near-term monetization to feed the top of its funnel — and the market has punished it as if the growth engine itself broke. The stock changes hands around **$123**, down roughly three-quarters...
Read Article ›The market is pricing Match Group as a melting ice cube. The leading indicators say the ice has stopped melting — and the cash machine underneath is being badly underrated. Match Group is a portfolio of dating apps wrapped around two assets that matter and a long tail that mos...
Read Article ›Alphabet is three businesses wearing one ticker: an advertising machine (Search, YouTube, the Google Network) that still throws off the cash, a hyperscale cloud and AI infrastructure arm that has only recently become a real profit center, and a portfolio of long dated bets led...
Read Article ›Apple just delivered the strongest March quarter in its history: $111.2 billion in revenue, 17% growth, and a 22% year-over-year EPS gain. The iPhone 17 cycle is genuine, Services margins are expanding, and the installed base has surpassed 2.5 billion devices. At roughly $300 ...
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