When Titans Clash Over Food Delivery Competition in China is immensely brutal, way more brutal than what we've seen in...

JD.com has entered the travel business with guns blazing. They're offering hotels zero commission for three years and Richard Liu...

This report is a continuation from my Q2 2025 report: Lululemon: From Turnaround to Letdown (LINK). Let me cut to...

Let me just start right off the bat—this was a bad quarter and it reflected badly on CEO Calvin McDonald,...

Sea Limited delivered another strong quarter, with all three segments firing on all cylinders. What's particularly impressive is that e-commerce...

In my weekly newsletter the 3-Bullet Sunday on 20 July, I wrote: "Don't let daily narratives drive your thinking. The...

When stocks drop 20%, 30%, or even 50%, our first instinct is to search for reasons. We scour the news....

First off, I'm mildly disappointed nobody on the earnings call talked about the recent Oklahoma City Thunder NBA championship win...

After analyzing PayPal's Q2 results, I'm making some portfolio adjustments following my recent moves in Adobe (Sell) and Alphabet (Buy)....

In my Q1 2025 analysis PayPal: Let Alex Chriss Cook ($), I wrote: "Branded checkout is a two-sided network—the more...

After analyzing Alphabet's Q2 results ("Alphabet Q2 2025: The AI Transition Takes Shape"), I'm making some portfolio adjustments. The Sell:...

Back in March, I wrote a piece titled "Why It's Premature to Cancel Google Search." The thesis was straightforward:  "Writing...