App Economy Insights

?? ?????????????????? ????????????, ???????????????????? ????????????, ??????????????, ????????????, ??????????????????, and ???????? reported their latest quarter—how did streaming impact their performance? In short: ???????? ?????????????? ???? ?????????? ???????? ?? ?????????????????????????? ?????????? ???????????? ?????????? ?? ????-?????????????????? ?????????? ???????????????? ?? ????????????????-?????????????? ?????????????????? ?????????????? See the full breakdown: ??????’?? ??????????????, ??????’?? ????????????????????, ?????? ????????’?? ????????? ?? Read now ?? https://lnkd.in/giBsPCFz

?? Earnings season, visualized. ??????+ ?????????????? breaking down Q4 earnings. Get the full report here?? https://lnkd.in/g85rNFZR

???? ??????’?? ???????? ??????????????—????’?? ????????????????. Jensen Huang just laid out the ?? ?????????????? ???????? of AI Compute, revealing how demand is about to explode even further. Here’s how AI’s next phase will scale: 1?? ??????-???????????????? ?????????????? → AI models grow smarter by consuming more data. 2?? ????????-???????????????? ?????????????? → AI refines itself through reinforcement learning. 3?? ?????????????????? & ?????????????????? ?????????????? → The next frontier, where AI doesn’t just process data but thinks, reasons, and plans in real-time. What we learned from ????????????'s Q4 FY25: ?? ??????????????????: $11B, fastest ramp ever. ?? ???? ??????????????????: Requires 100x more compute. ?? ???????????????????? ????: Poised to outgrow hyperscalers. ?? ???????? ?????????????????? ?? https://lnkd.in/gNnAA74z

???????????????????? ???? ???????? (January quarter): ?????? ???????? ??????????????: "???? ?????? ???? ???????????????????? ?????????????? ?????? ????????, ???????? ???????????? ?????????????????????? ???????????? ?????? ?????? ?????? ??????????????, ?????????????????? ?????? ?????????????? ???????? ???????? ???? ?????? ??????????????’?? ?????????????? ?????? ???????? ???????? $60 ?????????????? ???? ??????. ???? ?????????????? ???? ???????????? ???????????????????? ???????? ???????????????????? ???? ???????? ?????????????????? ?????????????? ?????? ?????????????? ?????????? ????????????????????. ???????? ?????? ???????????? ?????????????? ????????????????, ???????????????????? ?????????????????????? ?????? ???????????????? 360 ????????, ???????? ?????????? ?????? ????????????????????, ????’???? ?????????????? ???????????????????? ?????????????????????????? ???????????? ???? ????????????????????????, ???????????????????? ?????? ???????? ?????????????? ?????? ?????????????????? ???? ??????????????????." ? Total RPO +11% Y/Y to $63B. ? Revenue +8% Y/Y to $10B ($50M miss). ? Operating margin 18% (+1pp Y/Y). ? Non-GAAP EPS $2.78 ($0.17 beat). ???????? ????????????????: ? Revenue +7-8% to ~$40.7B ($0.7B miss). ? Operating margin 22%. Stay tuned for our review of Salesforce's quarter. If you like this, you'll love our newsletter! Hundreds of visuals every earnings season. ???????? ??????,??????+ ??????????????????????. ?? https://lnkd.in/gANHJBa7

???????????? ???? ?????????(January quarter). ?????? ???????????? ??????????: "???????????? ?????? ?????????????????? ???? ?????????????? ???? ?????????????????? ???? ???????? ?????????????? ?????????????? ?????? — ???????????????????? ?????????????? ?????? ???????????????? ?????????? ???????????? ?????????????? ?????? ???????????????????? ?????????????? ?????? ???????? ???????????????? ?????????? ?????? ???????????? ??????????????. ????’???? ???????????????????????? ???????????? ???? ?????? ??????????????-?????????? ???????????????????? ???? ?????????????????? ???? ????????????????????????????, ?????????????????? ???????????????? ???? ?????????????? ???? ?????????? ???? ?????? ?????????? ??????????????. ???? ???? ?????????????????? ???? ?????????? ?????????? ???? ?????????????? ???? ?????? ???????????????? ???? ?????? ?????? ?????????? ?????? ?????? ???????? ???????? ???? ???? ???? ?????????????????????????? ?????? ?????????????? ????????????????????." ? Revenue +12% Q/Q to $39.3B ($1.2B beat). ? Gross margin 73% (-2pp Q/Q). ? Operating margin 61% (-1pp Q/Q). ? Non-GAAP EPS $0.89 ($0.04 beat). ???? ???????? ????????????????: ? Revenue $43.0B ($1.0B beat). Stay tuned for our full review of NVIDIA's quarter on Friday. ???????? ??????,??????+ ?????????????????????? receiving it in their inboxes. ?? https://lnkd.in/gANHJBa7

???????? ???????????? ???????? ?????? ???? ?????????????????? ???????? ???????? ???? ????????. Uber sold its Southeast Asian operations to Grab in exchange for equity. As part of the deal, Uber received a stake in Grab, and Grab took over in the region. Today, Grab is more than ride-hailing—it’s a '?????????? ??????' with ???? ?????????????? users, offering everything from food delivery and groceries to digital banking and insurance. ???? ?????? ???????????? ???????? ????????: ?? Grab’s ride-hailing origins. ?? What makes it a super app? ?? How does Grab make money? ?? Why is the stock in the spotlight? ?? Bull vs. ?? Bear case on where Grab could be heading next. If you’re curious about Southeast Asia’s tech scene or the unit economics of the '???????????????? ???????????????????? ??????'—this deep dive is for you. ???????? ?????? ???????? ?????????????? ????????: https://lnkd.in/gMz9Zu9N

?????????????????? ???????????????? just published its annual report. ???????????? ?????????????? ?????????? ???? ????????????: "Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities." ?? Berkshire’s cash pile hit a record $????????, driven by its property-casualty insurance business—not just idle cash. ?? Buffett expects investment gains to be the long-term profit engine but warns that yearly swings will be unpredictable. ?? ???????????????? ???????? ????????-???????? ?????????????????? ?????????????? ????????????????. ?????????????????? ???????????????? ????????: ?? Net profit: $90B ?? Stock repurchase: $3B ?? Segment margin: 15% (+3pp Y/Y) ?? Unrealized investment gains: $53B

?? ?????????? ?????????? ???????? ???????????????? ?????????? ???? ?????????? ?? What did the world’s top investors buy? Every quarter, hedge funds managing over $100M+ disclose their latest portfolio changes. These 13-F filings can be goldmines of insight—but they come with big caveats. ?????????????? ???????????????? ???????? ??????????????: ?? ???????????????? and ???????????? are back on top. ?? ???????????????????? ???????????????? is seeing massive inflows. ???????? ???????????????? ?????? ???????????????? ???? ????’?? ?????? ??????????. ?? ?????? ????????'?? ?????? ??????????: Blindly following hedge funds is a recipe for disaster. Their strategies aren’t designed for individual investors. Fees, timing delays, and hidden positions all distort the picture. ?????????????? ??????????????. ?????? ?????????????? > ???????????? ?????? ??????????. ?? Want to see the top holdings, biggest buys, and key takeaways? ?? ???????? ???? ????????: https://lnkd.in/gq3ZVE_f

?? ??????????????’?? ????????????????: AI and Cloud Drive Growth. Alibaba just posted its fastest revenue growth since 2023, with ???? and ?????????? leading the way. The stock surged 15%, marking its biggest intraday gain in nearly two years. ?? ?????? ???????????????????? ???????? ???? ???????? (December quarter): ????????????????: $38.4 billion (+8% Y/Y) – beating estimates. ????????????: $4.3 billion (+13% Y/Y), fueled by AI-driven demand. ????????????????????????????: $5.2 billion (+32% Y/Y), a standout segment. ???????? ????????????: $6.1 billion, with margins expanding to 17%. Alibaba is doubling down on AI infrastructure, with CEO Eddie Wu calling ???????????????????? ?????????????? ???????????????????????? (??????) the company’s “primary objective.” The tech giant’s partnership with Apple on AI-powered iPhones in China also signals its growing leadership in the space. ?? On the e-commerce front, Alibaba is fending off competition from PDD and ByteDance, with ???????????? & ?????????? revenues growing 5%. Alibaba has added over $100 billion in market cap in 2025, but it’s still far from its pre-crackdown highs. The question is: Can this momentum continue? ?? ????????’?? ???????? ???????? ???? ??????????????’?? ???? ?????? ?????????? ????????????????? Is this the start of a sustained rally? Alibaba is one of the 20+ companies in our PRO coverage this week. Join ??????,??????+ subscribers here. ?? https://lnkd.in/gANHJBa7

???? ???????????? ??????????????, ????????????????????. It’s been a tough year for most of them. Yet, some brands are proving their resilience. ?? ???????? (Louis Vuitton, Dior & more) ?? ????????????? (Birkin & Kelly dominance) ?? ??’??????????? (Beauty powerhouse) ??? ???????????????????????????????? (Ray-Ban, Oakley & vision care) ?? ???????????? (Gucci, Saint Laurent & more) ?? Who’s thriving? Who’s struggling? Let’s dive into their latest performance.?? https://lnkd.in/gEvYeB3c