What a chart by Brew Markets...
Source: Bloomberg
Microsoft, $MSFT, has said that these are the 40 jobs most at risk by AI
Source: unusual whales
Buy-now-pay-later firm Klarna reported AI-driven sales growth for the second quarter, enabling the company to generate revenues of $1 million per employee.
👉 The Swedish company said it had 20% like-for-like sales growth in the second quarter, with total revenues coming in at $823 million for the period. 👉The firm also saw adjusted operating profits of $29 million, up significantly from the first quarter’s $3 million. “AI adoption continues to deliver significant, tangible results. As a result of this strategy, average revenue per employee reached $1.0m, up 46% [year on year in the second quarter],” the company said in its quarterly report. 👉Klarna has aggressively leveraged AI to boost productivity performance. It has shed two in five jobs over the past two years as a result. “This shift reflects the growing impact of AI and automation in eliminating manual, time-consuming work across Klarna,” the company had said in its first-quarter results.
What do you notice on this chart?
Source: PlotSet
Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and AI investments boosted growth.
The ADR is up 7% today $TCEHY Tencent Q2 FY25: Revenue +15% Y/Y to RMB185B ($25.7B). Gaming +22% Social Networks +6% Marketing Services +20% Fintech & Business +10% Weixin/WeChat: 1.4B MAU (+3% Y/Y). Capex +119% to RMB19B ($2.7B). Source: App Economy Insights @EconomyApp
Perplexity, valued at $18 billion, is offering $34.5 billion to buy Google Chrome.
Source: CNBC
Free cash flow of pure electric vehicles makers
Updated for Tesla, Rivian, Lucid, and Ford EV Q2 2025. His key observations: 1. The EV business is a tough one 2. Only Tesla manages to generate positive free cash flow. 3. Ex Tesla, the shown companies accrued $88 billion in cash burn (net negative cumulative free cash flow). 4. In terms of cash burn, Rivian is the most underperforming EV maker: nobody has accrued a higher cash burn, not nearly. Will we see a similar story with robotaxis? Source: AJ @alojoh
The Goldman Sachs AI Leaders Basket
Consisting of the 9 leading AI stocks (semiconductors: Nvidia, TSMC), software/data center (Palantir, Oracle, Microsoft, Vertiv), and power/infrastructure (GE Vernova, Constellation, Vistra) has made 756% since ChatGPT launch in 2022, an avg of 122% per year! Source: Bloomberg, HolderZ
