# ![@EugeneNg Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::915576521129041920.png) @EugeneNg Eugene Ng

Eugene Ng posts on X about biz, ai, investment, paycom the most. They currently have [------] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.

### Engagements: [-----] [#](/creator/twitter::915576521129041920/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::915576521129041920/c:line/m:interactions.svg)

- [--] Week [------] -29%
- [--] Month [-------] +3.80%
- [--] Months [---------] +100%
- [--] Year [---------] -54%

### Mentions: [--] [#](/creator/twitter::915576521129041920/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::915576521129041920/c:line/m:posts_active.svg)

- [--] Week [--] +21%
- [--] Month [--] +3.60%
- [--] Months [---] +22%
- [--] Year [---] -19%

### Followers: [------] [#](/creator/twitter::915576521129041920/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::915576521129041920/c:line/m:followers.svg)

- [--] Week [------] +0.01%
- [--] Month [------] +0.66%
- [--] Months [------] +6.30%
- [--] Year [------] +13%

### CreatorRank: [-------] [#](/creator/twitter::915576521129041920/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::915576521129041920/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[stocks](/list/stocks)  41.35% [technology brands](/list/technology-brands)  25.96% [finance](/list/finance)  19.23% [countries](/list/countries)  3.85% [currencies](/list/currencies)  2.88% [financial services](/list/financial-services)  1.92% [vc firms](/list/vc-firms)  0.96% [exchanges](/list/exchanges)  0.96% [luxury brands](/list/luxury-brands)  0.96% [automotive brands](/list/automotive-brands)  0.96%

**Social topic influence**
[biz](/topic/biz) 9.62%, [ai](/topic/ai) 7.69%, [investment](/topic/investment) 5.77%, [paycom](/topic/paycom) 5.77%, [$payc](/topic/$payc) 5.77%, [strong](/topic/strong) 3.85%, [in the](/topic/in-the) 3.85%, [longterm](/topic/longterm) 3.85%, [stocks](/topic/stocks) 3.85%, [$14b](/topic/$14b) #40

**Top accounts mentioned or mentioned by**
[@realroseceline](/creator/undefined) [@fiscalai](/creator/undefined) [@mjmauboussin](/creator/undefined) [@rihardjarc](/creator/undefined) [@bg2pod](/creator/undefined) [@borrowedideas](/creator/undefined) [@kakashiii111](/creator/undefined) [@jasonjh1319](/creator/undefined) [@steadycompound](/creator/undefined) [@natetures](/creator/undefined)

**Top assets mentioned**
[Paycom Software Inc (PAYC)](/topic/$payc) [Alphabet Inc Class A (GOOGL)](/topic/$googl) [Mastercard, Inc. (MA)](/topic/$ma) [Spotify Technology (SPOT)](/topic/$spot) [Nu Holdings Ltd. (NU)](/topic/nu-holdings) [NuCypher (NU)](/topic/$nu) [Shopify Inc (SHOP)](/topic/$shop) [Palantir Technologies Inc. (PLTR)](/topic/$pltr) [Cloudflare, Inc. (NET)](/topic/cloudflare) [Crowdstrike Holdings Inc (CRWD)](/topic/crowdstrike) [Universal Display Corp (OLED)](/topic/$oled) [Coca-Cola Co (KO)](/topic/$ko) [Crocs, Inc. (CROX)](/topic/$crox) [MercadoLibre Inc (MELI)](/topic/$meli)
### Top Social Posts
Top posts by engagements in the last [--] hours

"'     . "Coke does not have a taste memory". In other words the taste of Coke doesnt accumulate in your mouth. This is what makes it easy for some people to have 345+ Cokes each day. They never tire of it because there is no taste residue. Orange or grape soda accumulates and you get sick of it. Same thing with chocolate. There is no diminishing marginal utility of taste for Coke. He doesnt believe there has ever been a word written about this phenomenon.""  
[X Link](https://x.com/EugeneNg/status/1652253327034560532)  2023-04-29T10:07Z 26.3K followers, 3.1M engagements


"24 takeaways from one of the worlds best investor few heard of - Shelby Cullom Davis (23% CAGR over [--] years) via The Davis Dynasty and many more [--] He started fairly late and did it all with his own capital Shelby Davis quits at age [--] in [----] with $50000 seed capital from his wife Kathryn Wasserman and turned $50k into $900m over [--] years at 23% CAGR. It is far better to start late than not at all and more importantly to do it well over long periods of time. [--] He invested for the long term. He never lost faith in Edgar Lawrence Smith's credo that stocks pay off in the long run. He is in the"  
[X Link](https://x.com/EugeneNg/status/1723562272206057647)  2023-11-12T04:44Z 26.3K followers, 82.2K engagements


"Amazon having 76% of US retail media digital ad spend"  
[X Link](https://x.com/EugeneNg/status/1864069567078916441)  2024-12-03T22:09Z 26.3K followers, 51.1K engagements


"Sharing my favourite [--] highlights of TCIs Chris Hohn interview by Nikolai Tangen of Norges Bank that resonated with me. It was the first time I had watched/heard Chris Hohn speak and I realised we had numerous similarities. This reminded me of a comment that I received recently: that he found my investing approach very similar to TCI / Chris Hohn and I finally understood what he meant. [--] A good investment is persistent and durable growth supported by strong moats Let's start with the investment world. What makes a good investment I think this is something a lot of people get wrong. They"  
[X Link](https://x.com/EugeneNg/status/1924576617201828127)  2025-05-19T21:23Z 26.3K followers, 124.3K engagements


"Anthropic and Googles Gemini gaining Enterprise LLM API usage market share from OpenAIs ChatGPT Source: Menlo Ventures [----] Mid-Year LLM Market Update"  
[X Link](https://x.com/EugeneNg/status/1951786393384132997)  2025-08-02T23:25Z 26.3K followers, [----] engagements


"Briefly took a look at Crocs $CROX recently. These two TTM revenue charts of Crocs and HEYDUDE brand revenues says it best. Management is guiding for 4Q25 Crocs and HEYDUDE revenues to be down -3% and -20% respectively"  
[X Link](https://x.com/EugeneNg/status/1988405074926895105)  2025-11-12T00:34Z 26.3K followers, [----] engagements


"Amazons Andy Jassy explaining the AWS business model involves upfront capex first and then subsequent long-term monetisation later. Faster growth drives larger upfront capex investment and pressures FCF in the near-term. They continue to see very strong signals of strong demand expect good ROICs for shareholders. https://twitter.com/i/web/status/2016330792600010893 https://twitter.com/i/web/status/2016330792600010893"  
[X Link](https://x.com/EugeneNg/status/2016330792600010893)  2026-01-28T02:01Z 26.3K followers, 12.1K engagements


"Mastercard $MA 4Q25 Earnings - Rev $8.8b +18% 🟢 - NG EBIT $5.1b +21% 🟢 margin 57.7% +141 bps ✅ - EBIT $4.9b +25% 🟢 margin 55.8% +317 bps ✅ - NG Net Inc $4.3b +22% 🟢 margin 48.6% +167 bps ✅ - Net Inc $4.1b +21% 🟢 margin 46.1% +148 bps ✅ - OCF $5b +3% 🟡 margin 56.8% [----] bps 🔴 - FCF $4.7b +3% ➡🟠 margin 53.5% [----] bps 🔴 Biz Metrics - Payment Network Rev $4.9b +12% 🟡 - VAS Rev $3.9b +26% 🟢 - Domestic Assessments $2.8b +9% 🟡 - Cross-Border Assessments $3.3b +21% 🟢 - Txn Processing Assessments $4.2b +18% 🟢 - Other Network Assessments $0.3b +14% 🟡 - Cards 3.7b +6% 🟡 - Cards (MA) 3.4b"  
[X Link](https://x.com/EugeneNg/status/2017107419613319473)  2026-01-30T05:27Z 26.3K followers, [----] engagements


"Visa and Mastercard on crypto and stablecoins from their most recent earnings call: - Crypto and stablecoins are largely used for trading (i.e. speculation) - See product market fit for stablecoins (USD-denominated) in countries with high FX volatility and hard-to-access USD (capital controls) - Don't see a lot of product market fit for stablecoins in developed digital payment markets - See good product market fit for cross-border payments in B2B/B2C (skeptical of broader adoption if it remains poor in developed countries) https://twitter.com/i/web/status/2017175232218579341"  
[X Link](https://x.com/EugeneNg/status/2017175232218579341)  2026-01-30T09:57Z 26.3K followers, [----] engagements


"FCF margins of the [--] largest US stocks over the last [--] years"  
[X Link](https://x.com/anyuser/status/1874592778413650402)  2025-01-01T23:05Z 26.3K followers, 238.2K engagements


"MercadoLibre $MELI 3Q25 Earnings - Rev $7.4b +39% 🟢 - GP $3.2b +32% 🟢 margin 43% [----] bps 🔴 - Adj EBITDA $933m +31% 🟢 margin 13% [---] bps 🔴 - EBIT $724m +30% 🟢 margin 10% [---] bps 🔴 - Net Inc $421m +6% 🟡 margin 6% [----] bps 🔴 - FCF $206m -- 🟢 margin 3% +280 bps ✅ Revenue by Segment - Svc Rev $6.5b +36% 🟢 - Pdt Rev $933m +69% 🟢 - Commerce Rev $4.2b +33% 🟢 - Commerce (Svc) Rev $3.3b +25% 🟢 - Commerce (Pdt) Rev $0.9b +70% 🟢 - Fintech Rev $3.2b +49% 🟢 - Fintech (fin svcs) Rev $1.7b +85% 🟢 - Fintech (credit) Rev $1.5b +23% 🟢 Revenue / Direct Contribution by Geography - BR Rev $4.1b"  
[X Link](https://x.com/EugeneNg/status/1983893441059922396)  2025-10-30T13:47Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 3Q25 Earnings - Rev $493m +9% 🟡 - GP $408m +12% 🟡 margin 83% +225 bps ✅ - Adj EBITDA $194m +13% 🟡 margin 39% +148 bps ✅ - EBIT $113m +7% 🟡 margin 23% [---] bps 🔴 - NG Net Inc $110m +17% 🟢 margin 22% +155 bps ✅ - Net Inc $111m +51% 🟢 margin 22% +622 bps ✅ - OCF $178m +92% 🟢 margin 36% +1551 bps ✅ - FCF $80m +79% 🟢 margin 16% +631 bps ✅ Biz Metrics - Recurring Rev $467m +11% 🟡 - Interest Rev $27m -11% 🔴 FY25 Mgmt Guide - Rev $2.055bn +9% 🟡(same) - Recurring Rev +10% 🟡 (same) - Adj EBITDA $882m 43% margins (same) [--] Q3 saw recurring revenue +11% and profit margin"  
[X Link](https://x.com/EugeneNg/status/1986396022848037304)  2025-11-06T11:31Z 26.3K followers, [----] engagements


"Arista Networks' Jayshree Ullal on whether this AI infrastructure buildout is a bubble (In Good Company Podcast) - The time aspect is shrinking. Happening faster rather than slowly and steadily. - The scale aspect is exploding in magnitude. - Not build it and they come but build it because they see demand. - Building by responsible companies in 3-5 year factors rather than in 1-year factors. - See it as more of a megatrend than a bubble. - Overbuilding is more difficult because there are power and capacity constraints and it takes time to build."  
[X Link](https://x.com/EugeneNg/status/2012302409595498665)  2026-01-16T23:14Z 26.3K followers, [----] engagements


"Airlines having low ROIC and high volatility of returns. And thats why we dont like airline businesses. Freight forwarders on the other hand look interesting high returns and low volatility of returns. Any good ones"  
[X Link](https://x.com/EugeneNg/status/1733663990491029988)  2023-12-10T01:44Z 26.3K followers, 40.3K engagements


"NU Holdings $NU 3Q25 Earnings - Rev $4173m +42% 🟢 - NII $2.3b +34% 🟢 - Fee & Commission Rev $595m +27% 🟢 - GP $1.8b +35% 🟢 margin 43% [----] bps 🔴 +130bps QoQ 🟢 - Adj Net Inc $829m +40% 🟢 margin 20% [---] bps 🔴 - Net Inc $783m +41% 🟢 margin 19% [---] bps 🔴 +200bps QoQ 🟢 - Adj ROE 33% +0bps ➡🟢 +200bps QoQ 🟢 Biz Metrics (Users) - Customers 127m +16% 🟢 - Active Customers 105.9m +15% 🟢 - Activity Rate [----] -20bps 🟡 - Purchase Volume $36.5b +20% 🟢 - ARPAC $13.4 +22% 🟢 - ACPAC $0.9 +13% 🟡 Biz Metrics (Credit) - Credit Portfolio $30.4b +45% 🟢 - Credit Portfolio (Credit Cards) $20b +32%"  
[X Link](https://x.com/EugeneNg/status/1989325446857859403)  2025-11-14T13:32Z 26.3K followers, [----] engagements


"Sea Limiteds SPX Express and J&T Express continue to gain logistics market share (by parcel volume) in Southeast Asia (SEA) to 27.7% and 32.8% in H1 2025"  
[X Link](https://x.com/EugeneNg/status/2009906500584751206)  2026-01-10T08:33Z 26.3K followers, [----] engagements


"Pro Medicus $PME 1H25 Earnings - Rev A$101m +32% 🟢 - GP A$101m +32% 🟢 margin 100% +7 bps ✅ - EBIT A$73m +46% 🟢 margin 73% +692 bps ✅ - Net Inc A$52m +43% 🟢 margin 51% +381 bps ✅ - OCF A$49m +68% 🟢 margin 48% +1032 bps ✅ - FCF A$45m +76% 🟢 margin 44% +1100 bps ✅ By Geography - NA (RIS) A$86m +35% 🟢 - AU (RIS) A$8m +7% 🟡 - EU (PACS) A$2m +1% ➡🟡 By Product/Segment - Visage 7/PACS A$89m +34% 🟢 - RIS A$8m +7% 🟡 By Recurring Revenue - Exam/License Rev A$75m +32% 🟢 - Support/Baseline Rev A$12m +13% 🟡 - Professional Svcs Rev A$5m +37% 🟢 - Archive Data Migration Rev A$5m +70% 🟢 Biz"  
[X Link](https://x.com/EugeneNg/status/1889949863728783639)  2025-02-13T08:08Z 26.3K followers, [----] engagements


"@realroseceline Yeah my biggest issue with Atlassian $TEAM is that at this scale they should at least be more GAAP profitable and start to scale down that stubbornly high SBC"  
[X Link](https://x.com/EugeneNg/status/2020007754119934458)  2026-02-07T05:32Z 26.3K followers, [----] engagements


"The market is pricing in an apocalypse. The reality is more nuanced. SaaS software stocks have declined significantly since Oct [----] amid broader concerns that software is in decline disrupted http://x.com/i/article/2019339475621670913 http://x.com/i/article/2019339475621670913"  
[X Link](https://x.com/EugeneNg/status/2019341034590003343)  2026-02-05T09:23Z 26.3K followers, 37.7K engagements


"Shopify $SHOP 4Q25 Earnings - Rev $3.7b +31% 🟢 - GP $1.7b +25% 🟢 margin 46.1% [----] bps 🔴 - NG EBIT $760m +30% 🟢 margin 20.7% [---] bps 🔴 - EBIT $631m +36% 🟢 margin 17.2% +65 bps ✅ - NG Net Inc $633m +10% 🟡 margin 17.2% [----] bps 🔴 - Adj* Net Inc $594m +30% 🟢 margin 16.2% [---] bps 🔴 - Net Inc $743m -43% 🔴 margin 20.2% [-----] bps 🔴 - OCF $725m +18% 🟢 margin 19.7% [----] bps 🔴 - FCF $715m +17% 🟢 margin 19.5% [----] bps 🔴 Subscription - Rev $777m +17% 🟢 - GP $629m +18% 🟢 margin 81.0% +107 bps ✅ Merchant Solutions - Rev $2.9b +35% 🟢 - GP $1.1b +30% 🟢 margin 36.8% [----] bps 🔴 Biz Metrics"  
[X Link](https://x.com/EugeneNg/status/2021870032515694743)  2026-02-12T08:52Z 26.3K followers, [----] engagements


"Pro Medicus $PME 1H26 Earnings - Rev A$125m +28% 🟢 - EBIT A$91m +30% 🟢 margin 72.7% +71 bps ✅ - Net Inc A$171m +231% 🟢 margin 137.2% +8398 bps ✅ Rev by Segment - PACS Rev $117m +30% 🟢 - RIS Rev $8m +5% 🟡 - NA Rev $113m +31% 🟢 - AU Rev $9m +4% 🟡 - EU Rev $3m +40% 🟢 - Exam/License Rev* $91m +21% 🟢 - Support/Baseline Rev* $15m +23% 🟢 - Professional Svcs Rev* $6m +21% 🟢 - Archive Data Migration Rev $13m +154% 🟢 - Recurring Rev* $112m +22% 🟢 (90% total) Biz Metrics - Completed [--] cloud-based implementations - Won [--] new contracts A$280m - Forward revenue A$1.08b / [--] years - Dec-2025"  
[X Link](https://x.com/EugeneNg/status/2021966330585637106)  2026-02-12T15:15Z 26.3K followers, [----] engagements


"I am thrilled to announce the launch of Vision Capital Fund which has been in the making for over seven years. We are focused on growing wealth for generations by delivering outstanding long-term investment returns from investing in exceptional companies that best reflect our vision for our future. Website: Press Release: Day One Investor Letter: https://tinyurl.com/VCFDayOne https://tinyurl.com/VCFpressrelease https://visioncapitalfund.co/ https://tinyurl.com/VCFDayOne https://tinyurl.com/VCFpressrelease https://visioncapitalfund.co/"  
[X Link](https://x.com/anyuser/status/1841245008193864154)  2024-10-01T22:33Z 26.3K followers, 56.7K engagements


"A chart from Schroders that says it best on the YTD speculative excess in the US stock markets"  
[X Link](https://x.com/EugeneNg/status/1997908323061084485)  2025-12-08T05:57Z 26.3K followers, 10.7K engagements


"Interesting chart from Schroders showing that there are more NASDAQ tech companies with no revenues and are loss-making than ever"  
[X Link](https://x.com/EugeneNg/status/1997910685364449679)  2025-12-08T06:06Z 26.3K followers, [----] engagements


"Loving the new metric template feature from @fiscal_ai One of my favourite quotes: "Where revenues earnings and free cash flows go the stock price eventually follows." Add: Revenue GP EBIT Net Income OCF FCF and Market Cap (bar charts) change to TTM and toggle different axes for market cap (line chart). Alphabet grew revenues profits and FCF between 16-23% CAGR over the last 10+ years and its market cap grew at a 22%+ CAGR. is my go-to platform for quickly graphing company KPIs. Here's a 15% discount code for those interested: https://fiscal.ai/via=eugene http://Fiscal.ai"  
[X Link](https://x.com/EugeneNg/status/2017975053988807089)  2026-02-01T14:55Z 26.3K followers, [----] engagements


"Choosing to do things inefficiently. We want things fast cheap and efficient. For standardized work that makes sense. But not for understanding. Not for creation. Don't rush to research read listen think write and create. And certainly don't outsource it all to AI. Being too efficient might get you to the wrong place faster. The best work cannot be rushed. Embracing inefficiency separates those who fold from those who hold"  
[X Link](https://x.com/EugeneNg/status/2018336563843985643)  2026-02-02T14:51Z 26.3K followers, [----] engagements


"The best work is hard work you love for good people done for a long time"  
[X Link](https://x.com/EugeneNg/status/2018547609351458880)  2026-02-03T04:50Z 26.3K followers, [----] engagements


"Palantir $PLTR 4Q25 Earnings - Rev $1.4b +70% 🟢 - GP $1.2b +82% 🟢 margin 84.6% +574 bps ✅ - Adj EBITDA $805m +112% 🟢 margin 57.3% +1139 bps ✅ - NG EBIT $798m +114% 🟢 margin 56.8% +1174 bps ✅ - EBIT $575m +5110% 🟢 margin 40.9% +3957 bps ✅ - NG Net Inc $648m +89% 🟢 margin 46.1% +474 bps ✅ - Net Inc $612m +695% 🟢 margin 43.5% +3418 bps ✅ - OCF $777m +69% 🟢 margin 55.3% [---] bps 🔴 - FCF $764m +67% 🟢 margin 54.3% [---] bps 🔴 Palantir FY25 Earnings - Rev $4.5b +56% 🟢 - GP $3.7b +60% 🟢 margin 82.4% +212 bps ✅ - Adj EBITDA $2.3b +97% 🟢 margin 51.0% +1048 bps ✅ - NG EBIT $2.3b +100% 🟢"  
[X Link](https://x.com/EugeneNg/status/2018567826790068367)  2026-02-03T06:10Z 26.3K followers, [----] engagements


"Dont listen to anyone and do what you love and make your favorite things. Be the audience. Make the thing for you not the audience. You can't make something great with someone else in mind. - Rick Rubin"  
[X Link](https://x.com/EugeneNg/status/2018841779332911487)  2026-02-04T00:19Z 26.3K followers, [----] engagements


"Interesting chart from Iconiq State of AI (Jan 2026): AI builders (69%) are most focused on building vertical AI applications up from 59% two quarters ago. This is now much higher relative to horizontal platforms platforms/infrastructure models and consumer AI"  
[X Link](https://x.com/EugeneNg/status/2019315659101134949)  2026-02-05T07:42Z 26.3K followers, [----] engagements


"PayPal $PYPL 4Q25 Earnings - Rev $8.7b +4% 🟡 - EBIT $1.5b +5% 🟡 margin 17.4% +19 bps ✅ - NG Net Inc $1.2b -4% 🔴 margin 13.3% [----] bps 🔴 - Net Inc $1.4b +28% 🟢 margin 16.6% +316 bps ✅ - OCF $2.4b -0% ➡🟠 margin 27.5% [----] bps 🔴 - FCF $2.2b -0% ➡🟠 margin 25.2% [---] bps 🔴 Rev by Segment & Geography - Transaction Rev $7.8b +3% 🟡 - OVAS Rev $0.9b +10% 🟡 - US Rev $4.9b +4% 🟡 - International Rev $3.7b +3% ➡🟠 Biz Metrics - Transaction Rev $7.8b +3% 🟡 - VAS Rev $857m +10% 🟡 - US Rev $4.9b +4% 🟡 - International Rev $3.7b +3% ➡🟠 - Active Accts 439m +1% ➡🟠 - Monthly Active Accts (MAA)"  
[X Link](https://x.com/anyuser/status/2019537127642694066)  2026-02-05T22:22Z 26.3K followers, [----] engagements


"🔴 PayPals TPV growth has slowed to low single digits 🔴 PayPals Take Rate continues to decline 🔴 PayPals revenue growth has slowed to low single digits https://twitter.com/i/web/status/2019537131363000671 https://twitter.com/i/web/status/2019537131363000671"  
[X Link](https://x.com/anyuser/status/2019537131363000671)  2026-02-05T22:22Z 26.3K followers, [---] engagements


"Amazon $AMZN 4Q25 Earnings - Rev $213.4b +14% 🟡 - GP $103.4b +16% 🟢 margin 48.5% +113 bps ✅ - EBIT $25b +18% 🟢 margin 11.7% +41 bps ✅ - Net Inc $21.2b +6% 🟡 margin 9.9% [---] bps 🔴 - OCF $54.5b +19% 🟢 margin 25.5% +122 bps ✅ - FCF $16b -18% 🔴 margin 7.5% [----] bps 🔴 Revenue by Segment - Online Stores $83b +10% 🟡 - Physical Stores $5.9b +5% 🟡 - 3P Seller Services $52.8b +11% 🟡 (61% unit mix) - Advertising $21.3b +23% 🟢 - Subscription $13.1b +14% 🟡 - AWS $35.6b +24% 🟢 - Other $1.7b +7% 🟡 Biz Metrics - AWS ARR $142bn +24% 🟢 - Graviton and Trainium ARR $10bn 🟢 - Backlog $244bn +40%"  
[X Link](https://x.com/anyuser/status/2019688438023483562)  2026-02-06T08:23Z 26.3K followers, [----] engagements


"The US (S&P 500) has a higher share (53%) of more profitable companies (15% ROE) than Europe (STOXX 600) at 42% and Japan (TOPIX 500) at 20%"  
[X Link](https://x.com/EugeneNg/status/2020069257611210808)  2026-02-07T09:36Z 26.3K followers, [----] engagements


"The easiest time to raise capital is during rallies when returns are strong and investors chase performance. The best time to raise capital is during selloffs when investors are fearful. The best capital chases drawdowns not rallies. The worst capital chases rallies and flees during drawdowns"  
[X Link](https://x.com/EugeneNg/status/2021049252487758307)  2026-02-10T02:31Z 26.3K followers, [----] engagements


"Blaming "weak macro". Starting to notice orange/red flags every time management of growth companies blame decelerating growth on "weak macro" rather than address the shortfalls of their product or sales execution head-on. Macro is the favourite hiding place of mediocre management. When times are good management takes full credit. When growth slows suddenly it's the "weaker macro environment" even when competitors are still accelerating. The "weak macro" excuse falls apart. When everyone blames the weather bet on the team building a better umbrella"  
[X Link](https://x.com/EugeneNg/status/2021073755934687238)  2026-02-10T04:08Z 26.3K followers, [----] engagements


"Spotify $SPOT 4Q25 Earnings - Rev 4.5b +7% 🟡 - GP 1.5b +10% 🟡 margin 33.1% +83 bps ✅ - EBIT 701m +47% 🟢 margin 15.5% +423 bps ✅ - Net Inc 1.2b +220% 🟢 margin 25.9% +1726 bps ✅ - OCF 856m -3% 🔴 margin 18.9% [----] bps 🔴 - FCF 834m -5% 🔴 margin 18.4% [----] bps 🔴 Premium - Rev 4.0b +8% 🟡 - GP 1.4b +9% 🟡 margin 34.8% +10 bps ✅ Ad-Supported - Rev 518m -4% 🔴 - GP 101m +25% 🟢 margin 19.5% +441 bps ✅ Biz Metrics - MAU 751m +11% 🟡 - Premium Subs 290m +10% 🟡 - Ad-Supported Subs 476m +12% 🟡 FY25 Earnings - Rev $17.2b +10% 🟡 - GP $5.5b +16% 🟢 margin 32.0% +184 bps ✅ - EBIT $3.3b -2% 🔴"  
[X Link](https://x.com/EugeneNg/status/2021497802518589484)  2026-02-11T08:13Z 26.3K followers, [----] engagements


"Cloudflare $NET 4Q25 Earnings - Rev $615m +34% 🟢 - GP $453m +29% 🟢 margin 73.6% [----] bps 🔴 - NG EBIT $90m +33% 🟢 margin 14.6% [---] bps 🔴 - EBIT -$49m margin -8.0% [---] bps 🔴 - NG Net Inc $107m +55% 🟢 margin 17.4% +242 bps ✅ - Net Inc -$12m margin -2.0% +83 bps ✅ - OCF $190m +50% 🟢 margin 31.0% +331 bps ✅ - FCF $99m +108% 🟢 margin 16.2% +580 bps ✅ Biz Metrics - Paying Customers 332K +40% 🟢 - Cust $100K [----] +23% 🟢 (73% revenue) - Cust $500K $634 +35% 🟢 - Cust $1M [---] +55% 🟢 - Net Retention 120% 🟢 (from 119%) - Net ACV +50% 🟢 - RPO $2.5b +48% 🟢 - cRPO $1.6b +34% 🟢 - US +31% 🟢"  
[X Link](https://x.com/EugeneNg/status/2021524113081422007)  2026-02-11T09:58Z 26.3K followers, [----] engagements


"Adyen $ADYEY 2H25 Earnings - Non-Interest Rev 1.4b +18% 🟢 - Rev 1.3b +17% 🟢 (+21% 🟢FXN) - EBITDA 702m +23% 🟢 margin 55.2% +268 bps ✅ - EBIT 627m +22% 🟢 margin 49.4% +188 bps ✅ - Net Inc 578m +11% 🟡 margin 45.5% [----] bps 🔴 - FCF 607m +22% 🟢 margin 47.8% +165 bps ✅ Revenue by Geography - EMEA 730m +17% 🟢 - NA 342m +17% 🟢 - APAC 125m +14% 🟡 - LATAM 74m +34% 🟢 Processed Volume by Segment - Digital Processed +11% 🟡(excluding PayPal) - Digital Processed 380b -1% 🟡(including PayPal) - Unified Commerce 252b +30% 🟢 (31% on POS from 25%) - Platforms 113b +28% 🟢(+54% ex-eBay) Revenue by"  
[X Link](https://x.com/EugeneNg/status/2022533698521042967)  2026-02-14T04:49Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 4Q25 Earnings - Rev $544m +10% 🟡 - Recurring Rev $517m +11% 🟡 - GP $457m +11% 🟡 margin 83.9% +80 bps ✅ - Adj EBITDA $236m +10% 🟡 margin 43.4% [---] bps 🔴 - EBIT $157m +6% 🟡 margin 28.9% [----] bps 🔴 - NG Net Inc $135m +4% 🟡 margin 24.7% [----] bps 🔴 - Net Inc $114m +0% ➡🟠 margin 20.9% [----] bps 🔴 - OCF $196m +22% 🟢 margin 36.0% +355 bps ✅ - FCF $118m +13% 🟡 margin 21.7% +51 bps ✅ FY25 Earnings - Rev $2.1b +9% 🟡 - Recurring Rev $1.8b +10% 🟡 - GP $1.7b +10% 🟡 margin 83.2% +93 bps ✅ - Adj EBITDA $882m +14% 🟡 margin 43.0% +183 bps ✅ - EBIT $567m -11% 🔴 margin"  
[X Link](https://x.com/EugeneNg/status/2022557896727506990)  2026-02-14T06:25Z 26.3K followers, [----] engagements


"US companies' software spending by type: pre-packaged and custom have grown over the last [--] years while self-built declined to under 20%. While it is easier to code it remains to be seen if companies will choose to focus their engineering calories on coding core systems rather than adding value to their customers"  
[X Link](https://x.com/EugeneNg/status/2022663811623448649)  2026-02-14T13:26Z 26.3K followers, [----] engagements


"How Data Center growth could look like over the next [--] years"  
[X Link](https://x.com/EugeneNg/status/1864500651369353687)  2024-12-05T02:42Z 26.3K followers, 61.2K engagements


"TSMC global foundry market share"  
[X Link](https://x.com/anyuser/status/1864791286123016545)  2024-12-05T21:57Z 26.3K followers, 54.1K engagements


"US data centres"  
[X Link](https://x.com/EugeneNg/status/1867756721135038634)  2024-12-14T02:21Z 26.3K followers, 69.7K engagements


"Digital ad spending"  
[X Link](https://x.com/anyuser/status/1868141936676401606)  2024-12-15T03:52Z 26.3K followers, 74.6K engagements


"It is insane how Visa rejected working with Nubank because they had no interest in working with FinTechs and Mastercard agreed and became Nubanks dominant card processor"  
[X Link](https://x.com/EugeneNg/status/1871077349942583794)  2024-12-23T06:16Z 26.3K followers, 23.5K engagements


"Sharing my takeaways on Li Lus recent talk - Global value investment and the times (7 Dec 2024) which I share very similar views and highly resonate with: In particularly it is the macroeconomic challenges with China the solution he recommended of having capital markets and his shift to owning the best high quality growing companies out there. [--] Macroeconomic issue with China - Weak unemployment weak private economy low consumer confidence weak consumption low businesses confidence weak stock market prices declining population weak property prices poor wealth effects lower confidence"  
[X Link](https://x.com/EugeneNg/status/1873151025491902517)  2024-12-28T23:36Z 26.3K followers, 41.6K engagements


"Many talk about the high concentration of stock in the US stock market. However there are far more countries with stock markets that are even more concentrated than the US's. Context matters perspectives matter and dont look at something in isolation"  
[X Link](https://x.com/EugeneNg/status/1875694740374778166)  2025-01-05T00:04Z 26.3K followers, 19.4K engagements


"Amazon and Walmart dominate US retail media network wth 77.3% and 7% shares with the rest fighting over a small pie of 15%"  
[X Link](https://x.com/EugeneNg/status/1877859941014446183)  2025-01-10T23:27Z 26.3K followers, 26.8K engagements


"Alphabets Waymo passengers in California"  
[X Link](https://x.com/anyuser/status/1878205533582471536)  2025-01-11T22:21Z 26.3K followers, 114.4K engagements


"S&P [---] companies revenue per worker"  
[X Link](https://x.com/EugeneNg/status/1878949643746464245)  2025-01-13T23:37Z 26.3K followers, 45.4K engagements


"Googles Waymo having 14.3% share of San Franciscos ride hailing dollars with most of the share gains coming from Uber and to a lesser extent Lyft"  
[X Link](https://x.com/EugeneNg/status/1884538904579314079)  2025-01-29T09:47Z 26.3K followers, 28.9K engagements


"NVIDIA is expected to account for 77% of AI semiconductor wafer consumption in [----] up from 51% in 2024"  
[X Link](https://x.com/anyuser/status/1888378037433250033)  2025-02-09T00:03Z 26.3K followers, 39.8K engagements


"It is important to know how much and how often stock markets decline helps with expectations. 5%+ decline: twice a year 10%+ decline: once every [---] years 15%+ decline: once every [--] years 20%+ decline: once every [--] years Source: Capital Group"  
[X Link](https://x.com/EugeneNg/status/1910908640971678105)  2025-04-12T04:11Z 26.3K followers, 25.3K engagements


"Meta is estimated to account for 61% and 65% of Temu and Shein's online ad spend in [----]. Source: Huatai research"  
[X Link](https://x.com/EugeneNg/status/1912424308481405326)  2025-04-16T08:34Z 26.3K followers, 46.1K engagements


"Congratulations Nu on getting the banking license approval for Mexico"  
[X Link](https://x.com/EugeneNg/status/1915888313149624353)  2025-04-25T21:59Z 26.3K followers, 14.7K engagements


"Sharing my favourite [--] highlights of Berkshire Hathaways [----] Annual Shareholder Meeting: [--] Steve Jobs created Apple Tim Cook developed Apple Tim Cook made more money for Berkshire than Buffett did But Steve picked out Tim to succeed him and he really made the right decision. Steve dies young as you know. And nobody but Steve could have created Apple but nobody could -- but Tim could have developed it like it has. So on behalf of all of Berkshire thank you. I'm somewhat embarrassed to say that Tim Cook has made Berkshire a lot more money than I've ever made Berkshire Hathaway. [--] Trade wars"  
[X Link](https://x.com/EugeneNg/status/1918855810672922650)  2025-05-04T02:30Z 26.3K followers, 51.2K engagements


"Cloudflare CEO Matthew Prince seeing search-driven internet moving to an AI-driven internet instead. Reduced website referrals - Google is crawling more content but sending fewer visitors to original sources. Zero-click searches - Being answered directly means publishers receive significantly less traffic. AI competition - Extracting even more value from original content pressuring the ecosystem. If publishers cannot monetise their content through visitors they may produce less content or put it behind paywalls creating a long-term content quality issue for Google and the foundational model"  
[X Link](https://x.com/EugeneNg/status/1920844447472120053)  2025-05-09T14:12Z 26.3K followers, 38.6K engagements


"Starbucks Chinas declining market share"  
[X Link](https://x.com/anyuser/status/1924772144489111921)  2025-05-20T10:20Z 26.3K followers, 34.3K engagements


"Sharing my favourite [--] quotes from Michael Mauboussins @mjmauboussin latest article Drawdowns and Recoverieswhich we highly resonate with: [--] Most people cannot cope with large price declines in stocks or in equity funds One of the hardest aspects of being a long-term investor is that even the best investments or investment portfolios suffer large drawdowns. A drawdown is the price decline from peak to trough. [--] Price declines are part and parcel of investing if one cannot endure it one is not fit to be investor and is bound to have mediocre results In fact you can argue that if youre not"  
[X Link](https://x.com/EugeneNg/status/1926360283557057009)  2025-05-24T19:30Z 26.3K followers, 30.2K engagements


"Fascinating chart from The Economist of how solar and batteries provide much of Californias energy"  
[X Link](https://x.com/anyuser/status/1927488568878157828)  2025-05-27T22:14Z 26.3K followers, 24.5K engagements


"Shift in search share away from Google to ChatGPT. Chart shared by @RihardJarc"  
[X Link](https://x.com/anyuser/status/1932457175361986634)  2025-06-10T15:17Z 26.3K followers, 69.2K engagements


"Investing at new highs versus investing on any given day"  
[X Link](https://x.com/anyuser/status/1941642299232133496)  2025-07-05T23:36Z 26.3K followers, 39.9K engagements


"Shopify $SHOP 2Q25 Earnings - Rev $2.7b +31% 🟢 - GP $1.4b +25% 🟢 margin 49% [----] bps 🔴 - NG EBIT $424m +42% 🟢 margin 16% +120 bps ✅ - EBIT $291m +21% 🟢 margin 11% [---] bps 🔴 - NG Net Inc $455m +32% 🟢 margin 17% +11 bps ✅ - Net Inc $906m +430% 🟢 margin 34% +2544 bps ✅ (incl equity gains/losses) - OCF $428m +26% 🟢 margin 16% [---] bps 🔴 - FCF $422m +27% 🟢 margin 16% [---] bps 🔴 Biz Metrics - GMV $87.8b +31% 🟢 - POS Offline GMV +29% 🟢 - B2B GMV +101% 🚀 - International GMV +42% 🟢 - Europe GMV +49% 🟢 - Cross-Border GMV 15% of total ➡ - Shop Pay GMV $27b +65% 🟢 - Shop App GMV +140% 🚀"  
[X Link](https://x.com/EugeneNg/status/1953267151659516135)  2025-08-07T01:29Z 26.3K followers, [----] engagements


"McKinsey estimates global data center capacity to almost 3X by [----] with 70% coming from AI"  
[X Link](https://x.com/EugeneNg/status/1966710253795315993)  2025-09-13T03:47Z 26.3K followers, 73.1K engagements


"150+ years of 100% equity vs 60/40% equity/bond. 100% stocks returned 7% CAGR. $1 grew from [----] to $30033 by the end July [----]. 60/40 portfolio returned 5.5% CAGR. $1 grew from [----] to $4203 by the end July [----] Traditional finance will convince you that it is not how much you make over the long-term but how much you lose less when markets are down in the short-term. Instead of trying to avoid what cannot be avoided choose to accept that price declines of stock markets are inevitable and it is part and parcel. Once one changes their investment horizon from [--] year to [--] [--] or [--] years the"  
[X Link](https://x.com/EugeneNg/status/1970256305106624602)  2025-09-22T22:38Z 26.3K followers, 14.9K engagements


"TSMC's 71% and growing Q2 [----] market share of global pure foundry revenues"  
[X Link](https://x.com/anyuser/status/1974736506083520602)  2025-10-05T07:20Z 26.3K followers, 43.7K engagements


"Most investment strategists like to talk about how expensive or cheap specific stock markets are without any context for their profitability. E.g. the US is expensive at 21.4x PE and Japan is cheap at 15.9x PE. However the forward ROE of the US is 21.3% vs Japan 9.8% more than 2X. What looks expensive might not be. What looks cheap might not be. Context is everything. Profitability is everything. Once I understood this I stopped letting price tags alone dictate my portfolio actions. Valuation without profitability is just a number without meaning. Data from Goldman Sachs GIR (8 Oct 2025)"  
[X Link](https://x.com/EugeneNg/status/1981692572398715220)  2025-10-24T12:01Z 26.3K followers, 87.3K engagements


"Profitable revenue growth drives the majority of long-term stock market returns. The OG BCG chart of the top quartile performers in the S&P [---] (1990-2009) is my favorite chart. Revenue and free cash flow accounted for the vast majority (94%) of total shareholder returns (TSRs) over [--] years. Valuation multiples drove most (46%) of the returns in any given year but contributed the least (5%) over [--] years"  
[X Link](https://x.com/EugeneNg/status/1983179238803963996)  2025-10-28T14:29Z 26.3K followers, 26.7K engagements


"Adyen $ADYEN 3Q25 Earnings - Processed Volume 347b +8%* 🟡 ex +19% 🟢 - Net Revenue 598m +20% 🟢 - Digital Processed Volume -5%* 🟠 ex +12% 🟢 - Digital Net Revenue 335m +10% 🟢 - Unified Commerce Processed Volume +32% 🟢 - Unified Commerce Net Revenue 195m +32% 🟢 - Platform Processed Volume +23% 🟢 ex-eBay +53% 🟢 - Platform Net Revenue 69m +50% 🟢 - Platform Customers 212k +68% 🟢 - Platform transacting terminals 277k +52% 🟢 *Due to one single large volume customer impact on net revenue limited Long-term Mgmt Guide - FY25 net revenue 20% growth (similar to H1) - FY26 net revenue 20-25%"  
[X Link](https://x.com/EugeneNg/status/1983705608940601563)  2025-10-30T01:20Z 26.3K followers, [----] engagements


"ServiceNow $NOW 3Q25 Earnings - Rev $3.4b +22% 🟢 - GP $2.6b +19% 🟢 margin 77% [----] bps 🔴 - NG EBIT $1.1b +31% 🟢 margin 33% +228 bps ✅ - EBIT $572m +37% 🟢 margin 17% +184 bps ✅ - NG Net Inc $1.0b +30% 🟢 margin 30% +194 bps ✅ - Net Inc $502m +16% 🟢 margin 15% [---] bps 🔴 - OCF $813m +21% 🟢 margin 24% [---] bps 🔴 - FCF $592m +26% 🟢 margin 17% +54 bps ✅ Biz Metrics - Subscription Rev $3.3b +22% 🟢 - CRPO $11.4b +21% 🟢 - RPO $24.3b +25% 🟢 - No. of cust $5m ACV [---] +18% 🟢 - Avg ACV of cust $5m ACV $14.6m +7% 🟡 - Net new ACV across workflows: 53% tech 24% CRM 23% creator - 97% renewal"  
[X Link](https://x.com/EugeneNg/status/1983910156858749435)  2025-10-30T14:53Z 26.3K followers, [----] engagements


"Sharing my [--] takeaways from the @BG2Pod podcast interview of Satya Nadella and Sam Altman which I found insightful. [--] Both are very confident about how great AI can be but expect choppiness along the way. [--] Right now seeing strong demand supply constrained not in GPUs but much more in power instead. [--] If OpenAI 10Xs their compute they might not have 10X more revenue but will undoubtedly have a lot more revenue. [--] OpenAIs $1.4T spend commitments are a forward bet that ChatGPT will continue to grow and become one of the key AI clouds and its consumer device will be a significant aspect that AI"  
[X Link](https://x.com/EugeneNg/status/1984538707576377406)  2025-11-01T08:31Z 26.3K followers, 33.1K engagements


"Sharing my latest article: Return on Invested Capital (ROIC): Why High Returns Require More Than High ROIC High ROIC without reinvestment opportunities is like having a Ferrari without a road. The magic happens when exceptional returns meet an abundant runway to compound. https://visioninvesting.substack.com/p/return-on-invested-capital-roic-why https://visioninvesting.substack.com/p/return-on-invested-capital-roic-why"  
[X Link](https://x.com/EugeneNg/status/1984812098799747219)  2025-11-02T02:37Z 26.3K followers, 30.3K engagements


"Palantir $PLTR 3Q25 Earnings - Rev $1.2b +63% 🟢 - GP $974m +68% 🟢 margin 82% +266 bps ✅ - Adj EBITDA $607m +114% 🟢 margin 51% +1226 bps ✅ - NG EBIT $601m +118% 🟢 margin 51% +1287 bps ✅ - EBIT $393m +248% 🟢 margin 33% +1770 bps ✅ - NG Net Inc $529m +119% 🟢 margin 45% +1147 bps ✅ - Net Inc $477m +219% 🟢 margin 40% +1978 bps ✅ - OCF $508m +21% 🟢 margin 43% [-----] bps 🔴 - FCF $540m +24% 🟢 margin 46% [-----] bps 🔴 Revenue by Segment and Geography - Rev $1.2b +63% 🟢 - Rev (ex-strategics) $1.2b +65% 🟢 - Govt Rev $633m +55% 🟢 - Comm Rev $548m +73% 🟢 - US Rev $883m +77% 🟢 - US Govt Rev"  
[X Link](https://x.com/EugeneNg/status/1985517591847453113)  2025-11-04T01:20Z 26.2K followers, [----] engagements


"Amazon Meta and Google in US ad spending"  
[X Link](https://x.com/anyuser/status/1986988742478078014)  2025-11-08T02:46Z 26.3K followers, 24.9K engagements


"Return on Invested Capital (ROIC) follows corporate life cycles. ROIC increases through a company's growth stage peaks in its maturity stage and then declines. Searching for high-ROIC companies alone does not necessarily provide strong returns. A relentless focus on high-ROIC companies alone can often lead to more mature slower-growing companies with higher downside risk that could see ROICs move lower. Higher maturity often results in fewer reinvestment opportunities for which price matters much more as excess capital that cannot be reinvested must be returned at prevailing valuations."  
[X Link](https://x.com/anyuser/status/1987172861656900030)  2025-11-08T14:58Z 26.3K followers, 24.7K engagements


"Lovely table on digital advertising market share from MBI @borrowed_ideas. - Google losing digital ads market share (from 41% to 37%) - Meta holding market share 33% - The Trade Desk and Applovin are both gaining share of a small base 0.5% and 0.9%. https://www.mbi-deepdives.com/digital-advertising-industry-snapshot-portfolio-change https://www.mbi-deepdives.com/digital-advertising-industry-snapshot-portfolio-change"  
[X Link](https://x.com/EugeneNg/status/1987292040640750025)  2025-11-08T22:51Z 26.3K followers, 40.8K engagements


"Nice charts on Netflix $NFLX from JPMs Michael Cembalest: 1) Netflix is profitable while the major DTCs in aggregate are making losses. 2) While Netflixs original viewing time has declined it still has a 50-60% share of the top [---] streaming titles. 3) Netflix gained share of US viewing time from Jan [----] to [----] from 7.5% to 8.6%. 4) Streaming continues to grow faster and gain revenue share away from traditional TV box office and entertainment"  
[X Link](https://x.com/anyuser/status/1988494697581457549)  2025-11-12T06:30Z 26.3K followers, 21.7K engagements


"CrowdStrike $CRWD 3Q26 Earnings - Rev $1.2b +22% 🟢 - GP $926m +23% 🟢 margin 75% +31 bps ✅ - NG EBIT $265m +32% 🟢 margin 21% +157 bps ✅ - EBIT -$69m 🔴margin -6% [---] bps 🔴 - NG Net Inc $245m +29% 🟢 margin 20% +98 bps ✅ - Net Inc -$34m 🔴margin -3% [----] bps 🔴 - OCF $398m +22% 🟢 margin 32% [---] bps 🔴 - FCF $296m +28% 🟢 margin 24% +115 bps ✅ Biz Metrics - ARR $4.9b +23% - RPO $7.9b +46% 🟢 - [--] [--] 8+ modules 49% 34% 23% 📶✅ Revenue by Geography - US $827m +21% 🟢 - EMEA $198m +24% 🟢 - APAC $128m +24% 🟢 - Other $82m +29% 🟢 Mgmt Guide - 4Q26 Rev $1.3b +23% 🟢 - 4Q26 NG EBIT $262m - 4Q26 NG"  
[X Link](https://x.com/EugeneNg/status/1996154347026026988)  2025-12-03T09:47Z 26.3K followers, [----] engagements


"Lululemon $LULU 3Q25 Earnings - Rev $2.6b +7% 🟡 - GP $1.4b +2% ➡🟠 margin 56% [----] bps 🔴 - EBIT $436m -11% 🔴 margin 17% [----] bps 🔴 - Net Inc $307m -13% 🔴 margin 12% [----] bps 🔴 - OCF $460m -47% 🔴 margin 18% [-----] bps 🔴 - FCF -$38m 🔴margin -1% [-----] bps 🔴 Biz Metrics - SQFT [----] +12% YoY 🟡 - Own Stores [---] +6% YoY 📶 - Open [--] net new stores [--] in CH [--] in Americas [--] in ROW - Inventories $2bn +11% 🟡 +4% unit basis 🟡 By Geography Americas - Rev $1.7b -2% 🔴 -5% comp 🟠 - GP $982m -10% 🔴 margin 57% [----] bps 🔴 - EBIT $517m -21% 🔴 margin 30% [----] bps 🔴 China - Rev $465m +46% 🟢+24%"  
[X Link](https://x.com/EugeneNg/status/1999383320682201295)  2025-12-12T07:38Z 26.3K followers, [----] engagements


"TSMC $2230 4Q25 Earnings - Rev NT$1046b +20% 🟢 - GP NT$652b +27% 🟢 margin 62% +333 bps ✅ - EBIT NT$565b +33% 🟢 margin 54% +498 bps ✅ - Net Inc NT$506b +35% 🟢 margin 48% +520 bps ✅ - OCF NT$726b +17% 🟢 margin 69% [----] bps 🔴 - FCF NT$369b +43% 🟢 margin 35% +550 bps ✅ Biz Metrics - Wafer Shipment [----] +16% 🟢 - By Technology: 3nm 28% 4nm 35% 7nm 14% - Advanced Technologies 7mm 74% of revenue (from 69%) 4Q25 Revenue by Segment - HPC NT$575b +25% 🟢 - Smartphone NT$335b +10% 🟡 - IoT NT$52b +20% 🟢 - Automotive NT$52b +51% 🟢 - DCE NT$10b +20% 🟢 - Others NT$21b +20% 🟢 TSMC FY25 Earnings -"  
[X Link](https://x.com/EugeneNg/status/2011803174596985133)  2026-01-15T14:10Z 26.3K followers, [----] engagements


"Capital-light businesses have outperformed capital-intensive businesses over the last [--] years. Chart from KKR [----] outlook"  
[X Link](https://x.com/EugeneNg/status/2012762023143358547)  2026-01-18T05:40Z 26.3K followers, 42.6K engagements


"Sharing the updated charts of Southeast Asia Food Delivery GMV split across platforms with Momentum Works' latest report: - Grab is the largest in SEA at 55% and continues to hold market share largely steady ➡🟡 - Gojek continues to lose share in ID (35% ➡ 31%) 🔴 to ShopeeFood (18% ➡ 23%) 🟢 - Sea Limited's ShopeeFood continues to gain market share in SEA to 15% 🟢 from non-Grab competitors across [--] countries VN ID MY and TH https://twitter.com/i/web/status/2016355423599956371 https://twitter.com/i/web/status/2016355423599956371"  
[X Link](https://x.com/EugeneNg/status/2016355423599956371)  2026-01-28T03:39Z 26.2K followers, [----] engagements


"@kakashiii111 Excluding operating leases despite having $ [----] bn in debt against $81.6bn in cash and ST investments Meta is still net cash with $22.8bn. Better to look at the balance sheet than the cash flow statement"  
[X Link](https://x.com/EugeneNg/status/2016794327666835591)  2026-01-29T08:43Z 26.3K followers, [----] engagements


"Microsoft $MSFT 2Q26 Earnings - Rev $81.3b +17% 🟢 - GP $55.3b +16% 🟢 margin 68% [---] bps 🔴 - EBIT $38.3b +21% 🟢 margin 47% +164 bps ✅ - Adj* EBIT $28.3b -11% 🔴 margin 35% [-----] bps 🔴 - Net Inc $38.5b +60% 🟢 margin 47% +1270 bps ✅ - Adj* Net Inc $28.5b +18% 🟢 margin 35% +39 bps ✅ - OCF $35.8b +60% 🟢 margin 44% +1198 bps ✅ - FCF $5.9b -9% 🔴 margin 7% [----] bps 🔴 *Adj = Excluded OpenAI $10bn one-time gain Product - Rev $16.5b +1% ➡🟠 - GP $12.9b +5% 🟡 margin 79% +247 bps ✅ Service - Rev $64.8b +21% 🟢 - GP $42.3b +19% 🟢 margin 65% [----] bps ✅ Productivity & Business Processes - Rev"  
[X Link](https://x.com/EugeneNg/status/2016889405315961288)  2026-01-29T15:01Z 26.3K followers, [----] engagements


"@JasonJh1319 Why would one just hold cash in current accounts deposits or money market funds that pays interest though What would be the additional edge of stablecoins since most of it are in USD anyway"  
[X Link](https://x.com/EugeneNg/status/2018129026473455744)  2026-02-02T01:07Z 26.2K followers, [---] engagements


"For example Wise USD Interest (via MMF) currently pays 3.53% after 0.44% fee. I think the question is why stablecoins can pay significantly higher yields (e.g. 5%) versus current accounts deposits and money market funds. When one digs deeper the underlying is typically composed of significantly riskier activities (e.g. lending to crypto traders holding riskier assets etc). The extra interest is effectively just risk premium that stablecoins pay because they are riskier. https://twitter.com/i/web/status/2018146384764113307 https://twitter.com/i/web/status/2018146384764113307"  
[X Link](https://x.com/EugeneNg/status/2018146384764113307)  2026-02-02T02:16Z 26.2K followers, [--] engagements


"Universal Display $OLED 3Q23 Earnings - Rev $141m -12% 🟠 - GP $107m -13% margin 76% [---] bps 🔴 - EBIT $48m -29% margin 34% [----] bps 🔴 - Net Inc $52m -4% margin 37% +322 bps ✅ - OCF $60m +59% margin 43% +1905 bps ✅ - FCF $35m +25% margin 25% +747 bps ✅ Biz Metrics - Material Sales $92m +10% 🟢 - Royalties & License Fees $46m -36% 🟠 Mgmt Guide - FY23 Rev $565-590m (narrow) - FY23 GPM 76-77% - FY23 OPEX low single digit growth Focused on longer-term demand for OLED with conformable foldable and rollable consumer electronics new OLED adoption cycle in [----] A significant shift in the world of"  
[X Link](https://x.com/EugeneNg/status/1720583108855283794)  2023-11-03T23:25Z 26.3K followers, [----] engagements


"Universal Display $OLED 1Q24 Earnings - Rev $165m +27% 🟢 - GP $128m +32% 🟢 margin 78% +290 bps ✅ - EBIT $63m +39% 🟢 margin 38% +327 bps ✅ - Net Inc $57m +43% 🟢 margin 34% +387 bps ✅ - OCF $72m +52% 🟢 margin 44% +716 bps ✅ - FCF $65m +69% 🟢 margin 39% +977 bps ✅ Material Sale - Rev $93m +33% 🟢 - GP $59m +45% 🟢 margin 63% +546 bps ✅ FY24 Mgmt Guide - Rev $635-675m +17% 🟢 (raised low end) [--] Several device makers announced new OLED products As we look to the industry OLEDs continue to play a more significant role in shaping the future of displays segment that is poised for significant"  
[X Link](https://x.com/EugeneNg/status/1786396841002840292)  2024-05-03T14:06Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 3Q24 Earnings Highlights - Rev $452m +11% 🟡 - Recurring Rev $445m +12% 🟡 - GP $364m +8% 🟡 margin 80% [----] bps 🔴 - Adj EBITDA $171m +3% 🟢 margin 38% [----] bps 🔴 - EBIT $105m +8% 🟢 margin 23% [---] bps 🔴 - Net Inc $73m -3% 🟠 margin 16% [----] bps 🔴 - OCF $93m -74% 🟠 margin 21% [-----] bps 🔴 - FCF $45m -4% 🟠 margin 10% [----] bps 🔴 Mgmt Guide - 4Q24 Rev $484m +10% 🟡 - 4Q24 Adj EBITDA $191m 40% margins - FY24 Rev $1.873bn +10% 🟡 (same) - FY24 Adj EBITDA $752m 40% margins 🟠 (raised) [--] Strong quarter with beat and growth reacceleration Overall Q3 was a good quarter"  
[X Link](https://x.com/EugeneNg/status/1852617652608590047)  2024-11-02T07:44Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 4Q24 Earnings - Recurring Rev $465m +14% 🟢 - Rev $494m +14% 🟢 - GP $410m +14% 🟢 margin 83% +26 bps ✅ - Adj EBITDA $215m +22% 🟢 margin 44% +288 bps ✅ - EBIT $149m +39% 🟢 margin 30% +552 bps ✅ - NG Net Inc $130m +18% 🟢 margin 26% +99 bps ✅ - Net Inc $114m +39% 🟢 margin 23% +418 bps ✅ - OCF $160m +19% 🟢 margin 32% +155 bps ✅ - FCF $109m +41% 🟢 margin 22% +424 bps ✅ Paycom Software $PAYC FY24 Earnings - Recurring Rev $1.8b +11% 🟡 - Rev $1.9b +11% 🟡 - GP $1.5b +9% 🟢 margin 82% [----] bps 🔴 - Adj EBITDA $775m +8% 🟢 margin 41% [----] bps 🔴 - EBIT $634m +41% 🟢 margin"  
[X Link](https://x.com/EugeneNg/status/1889834754830377098)  2025-02-13T00:31Z 26.3K followers, [----] engagements


"TSMC 1Q25 Earnings - Rev NT$839b +42% 🟢 - GP NT$493b +57% 🟢 margin 59% +572 bps ✅ - EBIT NT$407b +63% 🟢 margin 49% +649 bps ✅ - Net Inc $361b +60% 🟢 margin 43% +498 bps ✅ - OCF NT$626b +43% 🟢 margin 75% +92 bps ✅ - FCF NT$295b +16% 🟡 margin 35% [----] bps 🔴 Biz Metrics - 3nm 22% 4nm 36% 7nm 15% - =7nm 73% - Shipment [----] +8% 🟡 - ROE 32.7% - HPC 59% total +7% QoQ 🟢 - Smartphone 28% total -22% QoQ 🔴 - IoT 5% total -9% QoQ 🔴 - Auto 5% total +15% QoQ 🟢 2Q25 Mgmt Guide - Rev NT$949b +38% 🟢 - GPM 57-59% - EBIT margin 47-49% - Invest US$165b in US LT Mgmt Guide - FY25 Rev +25%+ 🟢 -"  
[X Link](https://x.com/EugeneNg/status/1912830838196277265)  2025-04-17T11:29Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 1Q25 Earnings - Rev $531m +6% 🟡 - GP $446m +6% 🟡 margin 84% [---] bps 🔴 - Adj EBITDA $253m +10% 🟡 margin 48% +182 bps ✅ - EBIT $185m -35% 🟠 margin 35% [-----] bps 🔴 - NG Net Inc $158m +8% 🟡 margin 30% +40 bps ✅ - Net Inc $139m -44% 🟠 margin 26% [-----] bps 🔴 - OCF $183m +23% 🟢 margin 34% +468 bps ✅ - FCF $145m +44% 🟢 margin 27% +711 bps ✅ FY25 Mgmt Guide (raised) - Rev $2.038bn +8% 🟡 - Recurring Rev +9% - Adj EBITDA $858m 42% margins [--] Saw meaningful increase in sales strong momentum setting up for [----] and beyond with acceleration in Q4 Sales continues to break"  
[X Link](https://x.com/EugeneNg/status/1920301861451804835)  2025-05-08T02:16Z 26.3K followers, [----] engagements


"Paycom Software $PAYC 2Q25 Earnings - Recurring Rev $455m +12% 🟢 - Rev $484m +11% 🟢 - GP $396m +12% 🟢 margin 82% +108 bps ✅ - Adj EBITDA $198m +24% 🟢 margin 41% +450 bps ✅ - EBIT $112m +18% 🟢 margin 23% +148 bps ✅ - NG Net Inc $117m +27% 🟢 margin 24% +313 bps ✅ - Net Inc $90m +32% 🟢 margin 19% +296 bps ✅ - OCF $123m -7% 🟠 margin 25% [----] bps 🔴 - FCF $61m -30% 🟠 margin 13% [----] bps 🔴 FY25 Mgmt Guide - Rev $2.055bn +9% 🟡(raised) - Recurring Rev +10% 🟡 (raised) - Adj EBITDA $882m 43% margins (raised) [--] Strong quarter of growth reacceleration well setup for H2 and beyond raising the"  
[X Link](https://x.com/EugeneNg/status/1953317462935781674)  2025-08-07T04:49Z 26.3K followers, [----] engagements


"Pro Medicus $PME FY25 Earnings - Cust Rev $213m +32% 🟢 - Rev $221m +33% 🟢 - GP $220m +33% 🟢 margin 100% +4 bps ✅ - EBT $163m +40% 🟢 margin 74% +401 bps ✅ - Underlying Profit $158m +40% 🟢 margin 72% +402 bps ✅ - Net Inc $115m +39% 🟢 margin 52% +247 bps ✅ - OCF $111m +36% 🟢 margin 50% +120 bps ✅ - FCF $104m +38% 🟢 margin 47% +187 bps ✅ Revenue by Geography & Segment - North America $191m +36% 🟢 - Australia $176m +34% 🟢 - Europe $17m +16% 🟢 - PACS $197m +35% 🟢 - PACS (NA) $191m +36% 🟢 - RIS $16m +3% 🟡 Revenue by Type - Exam/license $158m +30% 🟢 - Support/baseline $26m +17% 🟢 -"  
[X Link](https://x.com/EugeneNg/status/1955855779300565345)  2025-08-14T04:55Z 26.3K followers, 14.7K engagements


"Young software developers"  
[X Link](https://x.com/anyuser/status/1960639193308352877)  2025-08-27T09:43Z 26.3K followers, 332K engagements


"Brookfield expects total AI data center capacity to increase more than 10X from [----] to [----] from [--] GW to [--] GW driven primarily by AI inference relative to AI training"  
[X Link](https://x.com/EugeneNg/status/1967014055186661426)  2025-09-13T23:54Z 26.3K followers, 244.4K engagements


"Spotify $SPOT 4Q24 Earnings - Rev 4.2b +16% 🟢 - GP 1.4b +40% 🟢 margin 32% +555 bps ✅ - EBIT 477m 🟢 margin 11% +1329 bps ✅ - Net Inc 367m 🟢 margin 9% +1056 bps ✅ - OCF 883m +122% 🟢 margin 21% +1000 bps ✅ - FCF 877m +121% 🟢 margin 21% +989 bps ✅ Biz Metrics - MAUs 675m +12% 🟡 - Prem Subs 263m +11% 🟡 - Ad MAUs 425m +12% 🟡 - Prem ARPU +5% 🟡 - Prem Rev 3.7b +17% 🟢 - Ad Rev 537m +7% 🟡 - Prem GPM 34.7% 🟢 +565bps ✅ - Ad GPM 15.1% 🟢 +351bps ✅ 1Q25 Mgmt Guide - MAU 678m +3m net adds (seasonally weak) - Premium Sub 265m +2m net adds - Rev 4.2bn - GPM 31.5% - EBIT 548m [--] Strong quarter"  
[X Link](https://x.com/EugeneNg/status/1886932760134344796)  2025-02-05T00:20Z 26.3K followers, [---] engagements


"The Trade Desk $TTD 2Q25 Earnings - Rev $694m +19% 🟢(+20% ex US political spend) - Adj EBITDA $271m +12% 🟡 margin 39% [----] bps 🔴 - EBIT $117m +23% 🟢 margin 17% +62 bps ✅ - NG Net Inc $203m +3% 🟡 margin 29% [----] bps 🔴 - Net Inc $90m +6% 🟡 margin 13% [----] bps 🔴 - OCF $165m +103% 🟢 margin 24% +987 bps ✅ - FCF $117m +106% 🟢 margin 17% +712 bps ✅ Biz Metrics - Customer retention 95% (11 consecutive years) - CTV (47.5%) - Mobile (35%) - Display (12.5%) - Audio (5%) - NA 86% spend - International 14% (growing faster) Alex Kayyal joins as CFO previously Partner at Lightspeed Venture and"  
[X Link](https://x.com/EugeneNg/status/1953690686559334857)  2025-08-08T05:32Z 26.3K followers, [----] engagements


"$JD 2Q25 Earnings - Rev 356.7b +22% 🟢 - GP 56.6b +23% 🟢 margin 16% +12 bps ✅ - Adj EBITDA 3b -78% 🟠 margin 1% [----] bps 🔴 - NG EBIT 896m -92% 🟠 margin 0% [----] bps 🔴 - EBIT -859m 🟠margin -0% [----] bps 🔴 - NG Net Inc 7.4b -49% 🟠 margin 2% [----] bps 🔴 - Net Inc 6.7b -51% 🟠 margin 2% [----] bps 🔴 - OCF 24.4b -52% 🟠 margin 7% [-----] bps 🔴 - FCF 22b -56% 🟠 margin 6% [-----] bps 🔴 Revenues by Type - Electronics & Home Appliances $179b +23% 🟢 - General Merchandise 103.4b +16% 🟢 - Net Product 282.4b +21% 🟢 - Marketplace & Marketing 28.5b +22% 🟢 - Logistics & Other Service 45.7b +34% 🟢 -"  
[X Link](https://x.com/EugeneNg/status/1956600100937158681)  2025-08-16T06:13Z 26.3K followers, [----] engagements


"Nu Holdings $NU 2Q25 Earnings - Rev $3.7b +29% 🟢 - GP $1.6b +14% 🟢 margin 42% [----] bps 🔴 - Adj Net Inc $695m +23% 🟢 margin 19% [---] bps 🔴 - Net Inc $637m +31% 🟢 margin 17% +26 bps ✅ - Adj ROE 31% +100bps QoQ 🟢 - ROE 28% +100bps QoQ 🟢 Quarterly Revenue by Type Biz Metrics - Customers 122.7m +17% 🟢 - BR Cust 107.3m +12% 🟡 - MX Cust 12m +54% 🟢 - CO Cust 3.4m +162% 🟢 - Active Customers 102.2m +17% 🟢 - BR Active Cust 91.4m +13% 🟡 - Activity Rate 83% ➡🟢 Quarterly Customer Active Customers and Activity Rate - Purchase Volume $33.3b +6% 🟡 - CC PV $21.9b +8% 🟡 - Prepaid PV $11.4b +4%"  
[X Link](https://x.com/EugeneNg/status/1956679663969010044)  2025-08-16T11:29Z 26.3K followers, [----] engagements


"CrowdStrike $CRWD 2Q26 Earnings - Rev $1.7b +21% 🟢 - GP $859m +18% 🟢 margin 73% [----] bps 🔴 - NG EBIT $255m +6% 🟡 margin 22% [----] bps 🔴 - EBIT -$113m 🔴 margin -10% [-----] bps 🔴 - NG Net Inc $237m +7% 🟡 margin 20% [----] bps 🔴 - Net Inc -$78m 🔴margin -7% [-----] bps 🔴 - OCF $333m +2% ➡🟠 margin 28% [----] bps 🔴 - FCF $284m +4% 🟡 margin 24% [----] bps 🔴 Biz Metrics - ARR $4.7b +20% 🟢 - RPO $7.2b +47% 🟢 - [--] [--] 8+ modules 48% 33% 23% 📶✅ ARR and Growth RPO Growing customer adoption across more modules Mgmt Guide - 3Q26 Rev $1.218b +21% 🟢 - 3Q26 NG EBIT $262m - 3Q26 NG Net Income $243m -"  
[X Link](https://x.com/EugeneNg/status/1960986968592146894)  2025-08-28T08:45Z 26.3K followers, [----] engagements


"Spotify $SPOT 3Q25 Earnings - Rev 4.3b +7% 🟡 - GP 1.4b +9% 🟡 margin 32% +53 bps ✅ - EBIT 769m -2% 🔴 margin 18% [----] bps 🔴 - Net Inc 899m +200% 🟢 margin 21% +1352 bps ✅ - OCF 829m +16% 🟢 margin 19% +148 bps ✅ - FCF 806m +13% 🟡 margin 19% +104 bps ✅ Biz Metrics - Total MAU 713m +11% 🟡 (+17m) - Premium Subs 281m +12% 🟡 (+5m) - Ad-Supported MAUs 446m +11% 🟡 (+13m) Premium - Rev 3.8b +9% 🟡 - GP 1.3b +8% 🟡 margin 33% [---] bps 🔴 Ad-Supported - Rev 446m -6% 🔴 - GP 82m +32% 🟢 margin 18% +525 bps ✅ MAUs by Geography - Europe 185m +7% 🟡 - NA 121m +5% 🟡 - LATAM 150m +6% 🟡 - ROW 257m +22%"  
[X Link](https://x.com/EugeneNg/status/1986381055486796205)  2025-11-06T10:32Z 26.3K followers, [----] engagements


"Block $SQ 3Q23 Earnings - Rev (ex-BTC) $3.2b +16% 🟢 - GP (ex-BTC)$1854m +21% margin 58% +245 bps ✅ - Adj EBITDA $477m +46% margin 15% +306 bps ✅ - Adj EBIT (incl SBC) $90m +179% margin 3% +164 bps ✅ - NG Net Inc $345m +31% margin 11% +126 bps ✅ - Net Inc -$29m margin -1% [---] bps 🔴 (incl $346m SBC) - OCF $491m +3021% margin 15% +1481 bps ✅ - FCF $453m margin 14% +1494 bps ✅ Segment (Cash App 🟢 vs Square) - Cash App (ex-BTC) Rev $1.2b +26% 🟢 - Cash App (ex-BTC) GP $939m +27% margin 81% +86 bps ✅ - Square Rev $1982m +12% 🟡 - Square GP $899m +15% margin 45% +123 bps ✅ Segment (Txn vs Sub &"  
[X Link](https://x.com/EugeneNg/status/1720983926246961607)  2023-11-05T01:58Z 26.3K followers, [----] engagements

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