Meta’s ad rebound gets huge assist from China even though its services are banned there
Meta may be banned from operating in China, but the company is counting on advertisers there to boost its growth. Finance chief Susan Li told analysts on Wednesday’s earnings call that Chinese companies played a major role this quarter. Online commerce and gaming “benefited from spend among advertisers in China reaching customers in other markets,” Li said. Source: CNBC
How long does it take for the FED to break the corporate bond market?
2008 : 1 year of plateau, resulted in credit event after another 1 full year. (Total 2 years) 2020 : 7 months of plateau, resulted in credit event after 6 months. (Total 13 months, 54% of 2008) 2023 : it's been 3 months into plateau so far. Chart made from MacroMicroMe - source: James Choi
$MSFT FY Q1 2024 in perspective
Revenue +13% *Prod. & Business +13% *Intelligent Cloud +19% *Pers. Computing +3% *Azure +29% *LinkedIn +8% *Xbox C&S +13% EBIT +25% *marg 48% (43) EPS +27% Source: Quartr
Is Germany already the sick man of Europe?
Source: Michael A.Arouet
Financial Statements Green Flags
Source: Brian Feroldi
4 of Wall Street's biggest banks have recently plummeted to levels not seen since the devastating March Banking Crisis
YTD losses are staggering, with 📉 ranging from -15% to -24% causing significant concerns for investors & overall market Source: The Coastal Journal
According to RT, Russia has conducted a major exercise aimed at testing its strategic nuclear forces, the Kremlin said on Wednesday
The drills focused on the simulated delivery of ‘a massive nuclear strike by the strategic offensive-oriented forces in response to a nuclear strike by a simulated enemy’. Note that gold and bitcoin both jumped on the news.
US deficit is doubling as US Economy grows shows why yields are at 5%
Source: Bitcoin magazine
