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Knox Ridley on Why Meta Platforms (FB) Tumbled After Earnings
I/O Fund’s Portfolio Manager Knox Ridley spoke to Nicole Petallides from the TD Ameritrade Network. He rightly predicted that Meta Platforms (Facebook) would be under significant pressure and Snap would be a winner. Here’s an overview of the discussion.
I/O Fund’s Fintech Q4 2021 Earnings Overview
Fintech companies aim to disrupt traditional finance and with our worlds increasingly going digital, it makes sense that traditional finance is also moving online. There are multiple different innovations that have taken place, from digital payments to using A.I. to better price credit risk.
I/O Fund’s preview of 7 Fintech stocks for Q4 Earnings
Fintech companies are disrupting the global economy with their innovative products. The global growth is expected to continue despite medium-term challenges due to higher interest rates and Covid-19. We believe that the recent sell-off once again provides opportunities to pick stocks for the long term.
I/O Fund’s Ad-tech Q4 2021 Earnings Overview
Ad-tech is a cash efficient industry with a healthy rebound when economic activity recovers. Ad-tech earnings will be critical for the broader tech landscape, and major players such as Google, Facebook and Snap Inc. have reported this week. Google was the first to report, and sales grew 32% during the quarter, which “reflected broad-based strength in advertiser spend and strong consumer online activity” according to Google CFO Ruth Porat.
I/O Fund’s preview of 7 Ad-Tech stocks for Q4 Earnings
Google parent Alphabet’s results have further renewed optimism in the stock market as the company beat analysts’ revenue estimates by 4.9% and EPS by 13%. It was led by the growth in advertising and cloud revenues. Advertising revenue grew by 33% to $61.24 billion. The company also announced the 20-for-1 stock split.
Microsoft, Tesla and Apple's Strong Results Are Great for Tech Stocks
I/O Fund Tech Analyst Bradley Cipriano discusses Microsoft, Tesla and Apple's latest results and what they mean for the broader tech market.
I/O Fund’s Cloud Q4 2021 Earnings Overview
Cloud reports in two waves, with the first wave of Q4 earnings ramping this week. Microsoft was the first to report on January 25th, and strength in cloud sales helped the company beat expectations. Specifically, Azure and other cloud services revenue increased 46% YoY in the quarter, which drove consolidated sales growth of 20% YoY, beating topline estimates by 2%.
I/O Fund’s Preview of 7 Cloud Stocks for Q4 Earnings
IBM released upbeat results recently as the company beat consensus analysts’ revenue estimates by $740 million and adjusted EPS by $0.06. Even though IBM is not a pure-play cloud company, it has increased its focus in the cloud segment to stay in the race.
