25 Oct 2023
Alphabet reported 11% revenue growth in the third quarter, as a rebound in advertising pushed expansion into double digits for the first time in over a year
The shares dropped almost 7% in extended trading as the cloud business missed analysts’ estimates. In a nutshell: $GOOG Alphabet Q3 FY23: • Revenue +11% Y/Y to $76.7B ($1.0B beat) • Operating margin 28% (+3pp Y/Y) • EPS $1.55 ($0.10 beat) Google Cloud: • Revenue +22% Y/Y to $8.4B. • Operating margin 3% (+13pp Y/Y). Source: App Economy Insights
25 Oct 2023
Equities tend to sell off with bonds when interest rates rise beyond 5%
Source: GS, TME (European equities in this case)
25 Oct 2023
CTAs are running equity shorts, global as well as US
Source: TME, GS
25 Oct 2023
We have not seen NASDAQ move lower with $BTC exploding to the upside in a long time
Source: TME, Refinitiv
25 Oct 2023
Destiny
Source: Unleash Your Mind
25 Oct 2023
Bitcoin Returns since 2010... $BTC
Source: Charlie Bilello
25 Oct 2023
Discipline
Source: Deep Psychology
25 Oct 2023
Blockchain data shows a record 76% of bitcoin is owned by ‘long-term hodlers’ who have not moved their coins in +155 days
Source: Documenting Bitcoin, Ark Invest, Glassnode
