Microsoft has acquired Fintool.

Hate it when this happens. Texted the following to a friend a week ago after doing screens I did on @fintool, asking if a few names that hit my screens are on his radar, including $CVLT…. Today -30%. (Digging deeper into those screens!)

Broadcom Q4 FY2025 Earnings: AI revenue hit $6.5B ( 74% YoY) as custom XPU demand accelerates. Key highlights: - Total revenue: $18.0B ( 28% YoY) - FY2025 AI revenue: $20B ( 65% YoY) - AI backlog: $73B for next 18 months - Q1 FY26 AI guidance: $8.2B ( 100% YoY) Fifth XPU customer acquired. OpenAI partnership for 10GW through 2029 announced. With hyperscalers increasingly building custom silicon to compete with NVIDIA, how do you see the AI chip landscape evolving over the next 2-3 years?

Things are heating up!! December 4, 2025: Netflix and Warner Bros. Discovery announced a definitive merger agreement valued at $82.7 billion enterprise value ($72 billion equity). The deal would give Netflix control of HBO, HBO Max, DC Studios, Harry Potter, Game of Thrones, and Lord of the Rings—while spinning off WBD's cable networks (including CNN) into a separate company December 8, 2025: Paramount Skydance went hostile. CEO David Ellison launched an all-cash tender offer directly to WBD shareholders at $30 per share ($18 billion more in cash value than Netflix's offer!!) ALSO Trump is involved: President Trump has publicly "raised questions" about the Netflix deal and said he would "be involved" in the review process. He stated neither bidding party "are friends of mine" and that he wanted "to do what's right." and... Jared Kushner's Affinity Partners is part of the Paramount's financing consortium. What's not discussed: - If WBD accepts Paramount's offer, it owes Netflix a $2.8 billion breakup fee - If Netflix's deal falls through, Netflix owes $5.8 billion To be continued... on @fintool

Gitlab is an interesting example of public market dynamics. They have consistently grow their quarterly revenue to $244M, reduce their loss to only -$8M per quarter and yet the stock price remains flat since their IPO. Why?

How Manchester United makes money. Commercial revenue (sponsorships, adidas deal) now drives 50% of the business at £333M. But with £734M in costs against £667M revenue, the club posted a £33M loss. No European football next season adds pressure.

Very strange the deal was not in a 8-K filing. infographics via @fintoolx

$SNOW changes its accounting practices: - Previously, Snowflake could capitalize (defer as assets) many software development costs and amortize them over time. - Now, they must expense these costs immediately until the software reaches technological feasibility. - This will increase R&D and reduce near-term profitability.

$PANW Update from Citi's Global TMT conference - AI is not a feature enhancement anymore. AI Secuirty is a distinct market category - CyberArk acquisition represents a major strategic pivot into identity security. This represents a core growth driver not previously emphasized in earnings calls - They are making a shift in their M&A strategy from acquiring startups to acquiring established incumbents.

$AI Double Miss on Earnings "The good news is we have completely restructured the sales and services organization, including new and highly experienced leadership across the board to ensure a return to accelerating growth and increased customer success at C3 AI, and even better, we have appointed an exceptionally talented new CEO to take the company to the next level and realize the full potential of the business. The bad news is that financial performance in Q1 was completely unacceptable. Having given this a lot of thought, I attribute this to two factors. One: it is clear that in the short term, the reorganization with new sales and services leadership had a disruptive effect. Two: as we have previously announced, I have had a number of unanticipated health issues. Unfortunately, this prevented me from participating in the sales process as actively as I have in the past." - Former CEO Tom Siebel

$AMZN $BABA $MSFT $GOOGL QoQ Cloud Growth. Do you think BABA can maintain the momentum?

$WSM Updated Guidance - Net Revenue: Raised guidance to 0.5% to 3.5% annual growth (inclusive of 53rd week impact in fiscal 2024) - Comparable Brand Revenue: Updated to 2.0% to 5.0% - Operating Margin: Reiterated guidance of 17.4% to 17.8% for fiscal 2025 - Long-term Outlook: Continues to expect mid-to-high single-digit annual net revenue growth with operating margin in the mid-to-high teens

$BJ - Strong Q2 2026 results, with net sales of approximately $5.3 billion - Merchandise comparable club sales (excluding gas) increasing 2.3% - Adjusted EPS of $1.14. - Membership fee income growing 9% to $123.3 million, - Digitally enabled comparable sales grew 34% year over year. - BJ's is maintaining its full-year comparable sales growth guidance (excluding gas) of 2% to 3.5% and has raised its adjusted EPS guidance to $4.20 to $4.35. - On track to add 25 to 30 new clubs in two years. Info from @fintoolx

$ROST - Net income of $508 million with total sales of $5.5 billion (up 5% YoY) - Comparable store sales up 2% - Operating margin declined 95 bps to 11.5%, primarily reflecting approximately $0.11 per share of tariff-related costs in the quarter. For Q3 and Q4 FY2026, Ross forecasts: - Comparable store sales growth of 2–3% - EPS of $1.31–$1.37 and $1.74–$1.81, respectively - Full-year EPS of $6.08–$6.21 versus $6.32 last year, including tariff impacts. The company repurchased 1.9 million shares for $262 million and remains on track to repurchase $1.05 billion in FY2025 under its authorization. Info from @fintoolx

$INTU - FY25 revenue of $18.8 billion ( 16%) and Q4 revenue of $3.8 billion ( 20%); GAAP EPS was $13.67 ( 31%) and non-GAAP EPS was $20.15 ( 19%) for the full year. - Global Business Solutions Group revenue grew 18% to $3.0 billion - Online Ecosystem revenue grew 21% to $2.2 billion - Credit Karma revenue rose 34% to $649 million. For FY26, Intuit forecasts - 12–13% revenue growth to $20.997–$21.186 billion - GAAP EPS of $15.49–$15.69 ( 13–15%) - Non-GAAP EPS of $22.98–$23.18 ( 14–15%). The company repurchased $2.8 billion of stock in FY25 and received board approval for a new $3.2 billion buyback authorization (totaling $5.3 billion); it also declared a quarterly dividend of $1.20 per share, up 15%. Info from @fintoolx

$LOW vs $HD Net sales

$PANW - Revenue grew 16% YoY to $2.5 billion, and fiscal FY 2025 revenue grew 15% YoY to $9.2 billion. - Non-GAAP net income per diluted share was $0.95, up from $0.75 in Q4 2024. - Next-Generation Security ARR reached $5.6 billion (up 32% YoY), and remaining performance obligation rose 24% YoY to $15.8 billion. Fiscal Q1 2026 guidance: - Next-Gen Security ARR of $5.82–5.84 billion (29% YoY) - RPO of $15.4–15.5 billion (23% YoY) - Q1 revenue of $2.45–2.47 billion (15% YoY) - Non-GAAP EPS of $0.88–0.90 Info from @fintoolx

$PARA - Paramount Global agreed to a seven-year, $7.7 billion exclusive U.S. broadcasting and streaming deal with UFC starting in 2026. - The agreement covers 13 marquee numbered events and 30 Fight Nights on Paramount , with select marquee events simulcast on CBS. - This deal replaces UFC’s prior ESPN contract (worth $500 million over five years), moving away from pay-per-view to boost streaming engagement and accessibility for Paramount subscribers. Info from @fintoolx