Inside Scoop Sean Emory from Avory and Co.

Sean Emory, the founder and Chief Investment Officer at Avory & Co. breaks down Google's earnings report and highlights the strong performance of its cloud business, with revenue reaching $84 billion and operating margins expanding.



Google Cloud surpassed $10 billion in a single quarter and generated $1 billion in operating profit. However, YouTube's revenue missed expectations, although it still experienced low double-digit growth.



The report also emphasizes Google's focus on AI, with 1.2 million developers working on their platforms and the introduction of the Gemini model for generative search.

The earnings call discussed the potential of AI to generate profits and revenue for Google, but it is still early in the journey. Overall, Google had a good quarter, showing growth and profitability.



Chapters



00:00 Introduction and Overview

00:30 State of the Quarter: Strong Performance of Google's Cloud Business

02:25 State of the Quarter: YouTube's Revenue Misses Expectations

03:54 State of AI: Google's Focus on AI and the Gemini Model

05:51 State of AI: The Potential of AI for Google's Revenue

08:19 General Takeaway: Google's Overall Good Quarter




Disclaimer

Avory & Co. is a Registered Investment Adviser. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Avory & Co. and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Avory & Co. unless a client service agreement is in place.

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Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.

Please reach out to Houston Hess our head of Compliance and Operations for any further details.


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In this conversation, Sean Emory, founder and Chief Investment Officer at Avory & Co. discusses the potential of Tesla's full self-driving capabilities and its impact on the market.



He explores the different approaches to autonomous vehicles, comparing Tesla's camera-based approach to Waymo's LiDAR-based approach.



Sean also delves into the market potential of autonomous vehicles, considering the number of vehicles on the road and the cost of autonomous technology.



He raises questions about Tesla's position in the market and the future of hybrid vehicles.



Overall, Sean emphasizes the importance of full self-driving technology and its potential impact on Tesla's valuation.






















Disclaimer

Avory & Co. is a Registered Investment Adviser. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Avory & Co. and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Avory & Co. unless a client service agreement is in place.

Listeners and viewers are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

“Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback, please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information and comments.

Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.

Please reach out to Houston Hess our head of Compliance and Operations for any further details.


Find more here https://www.avory.xyz/disclaimer-page

Summary

Fiverr reported strong earnings, beating their own guidance on revenue and adjusted EBITDA. The company has been impacted by the health of the economy and concerns around AI, but they have addressed these issues and showcased the positive impact of AI on their platform. Fiverr is focused on moving upmarket and increasing spend per buyer, while also improving their take rate through promoted gigs and their Seller Plus platform. They have seen growth in complex services and repeat buyers, indicating a strong recurring nature of the business. Fiverr plans to expand their Generative AI Search and launch new products in the future.



Chapters



00:00 Fiverr's Strong Earnings Performance

02:29 Addressing Concerns: Economy and AI

06:40 Moving Upmarket and Increasing Spend per Buyer

08:33 Improving Take Rate with Promoted Gigs and Seller Plus

12:47 Growth in Complex Services and Repeat Buyers

13:45 Expanding Generative AI Search and New Product Launches

Summary

Dutch Bros and Starbucks are taking different approaches in the coffee market. Dutch Bros focuses on decadent offerings and drive-through service, while Starbucks offers a mass-market, somewhat premium experience. Dutch Bros is experiencing strong growth in units, revenue, and same-store sales, while Starbucks is seeing negative same-store sales. Dutch Bros emphasizes brand identity, customer service, and experiential moments, while Starbucks is leaning towards discounting to bring back customers. We break it down more.



Chapters



00:00 Introduction and Background

02:26 Dutch Bros' Growth: Units, Revenue, and Margins

03:24 Starbucks' Challenge: Negative Same-Store Sales

05:45 The Importance of Brand Identity and Customer Service

09:33 Starbucks' Strategy: Discounting

11:29 Retail Sales Trends

This week's Inside Scoop covers the Fed's stance on inflation and jobs, as well as earnings reports from companies like Square, Apple, Zillow, and Omnicell.

The Fed expressed neutrality towards inflation and jobs, while the conversation around inflation focused on its moderation. Square had an incredible quarter, with a pivot to profitability and a focus on Bitcoin. Apple reported a decline in revenue, but services and Mac sales grew. Omnicell beat their own guidance and saw improvement in the hospital system. Zillow reported strong earnings, with a focus on rentals and their mortgage business.

This week's Inside Scoop episode focuses on the earnings reports of major tech companies, including Tesla, Microsoft, Google, Meta, and ServiceNow. The conversation covers several themes, including the Cloud Wars, ad spending, and the future of AI. The key takeaways include the strong demand for cloud services from Microsoft and Google, the growth of AI unicorns as customers of Google Cloud, the positive ad revenue growth rates for Meta, Snapchat, and YouTube, and the challenges faced by Tesla in terms of revenue and margins. The discussion also touches on the potential impact of AI on productivity and job growth.




Strong demand for cloud services from Microsoft and Google
AI unicorns are major customers of Google Cloud
Positive ad revenue growth rates for Meta, Snapchat, and YouTube
Challenges faced by Tesla in terms of revenue and margins
Potential impact of AI on productivity and job growth




00:00 Introduction to Earning Season and Tech Themes

08:10 Tesla's Revenue and Margin Challenges

13:47 Summary and Conclusion