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Compounding Articles

The 10-K finally puts a number on OpenAI: $24.1B of FY2026 revenue. The bigger story is Nadella's plan to make...

An old saying goes, buy Mastercard and go to the beach. I checked the Q2 2026 filings to see if...

Previous management bet on machines over people and raised prices into an inflation squeeze. Brian Niccol reversed all of it....

In Q1 I set a test to separate a real margin inflection from a Ramadan calendar boost. Shopee cleared it...

Booking Holdings is up roughly 24% since I published "Why the AI Bear Case Has It Backwards" in February, as...

Amazon reported $62.6 billion of net income and 20% revenue growth. Neither number is quite what it looks like. The...

Meta just posted 28% revenue growth and the stock sold off anyway. The reason sits in one number: free cash...

Advertising has gone from 78% of revenue to 68% while Cloud grew 82%. Everybody focused on the $195 to $205...

The market was certain Netflix was broken in 2022, certain it was invincible in 2025, and certain it's stalling today....

Everyone read Berkshire's Alphabet stake as Greg Abel's mark on the portfolio. Buffett's answer: "I initiated it." The full CNBC...

A reader asked which stocks I'd buy today with a fresh $100,000, and whether to split it between two. On...

As recently as late May, Meta had no plans to take on AWS. Five weeks later it's selling its excess...