This week, it’s the good, the bad, and the ugly from the earnings report scene!
No game this week, no time for that. This week was the Berkshire Hathaway Annual Shareholder Meeting. Paul has a bold idea about how Charlie Munger’s feelings about bitcoin might be solved. You don’t want to miss that.
But it’s earnings this week. And Teladoc reported. That means it’s time for Steve D to deliver his quarterly sermon on the mount about the virtual health company. Teladoc’s earnings report is a tricky one to get right – there’s a lot that’s a bit different to how it looks at first sight. Fortunately for us, we have someone who can cut through the noise and the misdirection, so let Steve help you figure out what’s going on.
Amazon’s next and there’s something similar in the air. The headline result is a strange one – did a company that size actually make a LOSS last quarter? Paul has a question for the Steves: is this the end of Amazon? Or is this just a cyclical company doing cyclical things? Find out what the Steves think, what’s a temporary headwind, and what might be a longer cause for concern.
Meta also reported earnings last week, so Steve W’s been taking a look. This one’s interesting in its own way. ARPU down, earnings down, stock up significantly after a big decline following the last earnings report. Could it be that the market is thinking that Facebook (the platform) is back in growth mode as the daily active users returned to increased numbers in the last quarter?
Last is AirBnB. The company looks like it’s been going great guns and Steve D has the details. AirBnb is growing at a real rate and its HR division has been generating some significant interest. Why? Steve D has the details.
All on this week’s PlayingFTSE!