To The Moon

Amazon's 3Q24 operating margin rose to 38%, driven by top-line demand, cost control, and the extension of server life. AWS's custom silicon and infrastructure investments, including Graviton, Inferentia, and Trainium chips, enhance cost efficiency. AI is a significant growth area for AWS, with demand outpacing supply; investments in AI infrastructure and custom hardware are expected to drive future revenue. JHVEPhoto Introduction Per my August article, Amazon (NASDAQ:AMZN) uses their size effectively. Since that time, we've had the September Goldman Sachs (GS) Communacopia + Technology

The search segment remains strong as the business continues to evolve by including more AI elements. Combined advertising and subscription revenue for YouTube from the last 4 quarters was more than $50 billion. The Google Cloud operating margin went from 3% in 3Q23 all the way up to 17% for 3Q24. TARIK KIZILKAYA Introduction Per my October 1 article, Google's (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo is leading the U.S. robotaxi race. Google's overall 3Q24 operating income and revenue numbers have come out since then and they look better than ever. The

Summary Berkshire Hathaway’s book value growth is losing relevance as a measure of intrinsic value growth. The economic value of BNSF and insurance operations significantly exceeds their book value. Buybacks at levels above book value have hindered both balance sheet and per-share book value growth. John Pollock/iStock Editorial via Getty Images Introduction Per my February Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) article, the Berkshire Hathaway Energy ("BHE") subsidiary is not as attractive as it was in the past. Since the time of that article, we now have 1Q24 and 2Q24 numbers, and this is a go

Summary Blackwell is a game-changer for Nvidia Corporation, combining multiple advanced technologies to deliver unprecedented AI performance and capabilities. Despite increasing competition, Nvidia's cash flow and revenue growth remain strong. An optimistic valuation range for Nvidia Corporation suggests a market cap range of $3 trillion to $3.75 trillion. JHVEPhoto Introduction Per my July article, more AI waves are taking shape. Nvidia Corporation’s (NASDAQ:NVDA) Q2 2025 numbers have come out since then, and it is time to reeva

Summary Amazon leverages size effectively in e-commerce, Prime Video and advertising, showcasing scale and reach. An 11-year basketball deal with Prime Video is a key example showing how sports leagues want to work with Amazon given their distribution footprint. Valuation analysis suggests a hold for long-term investors. 4kodiak/iStock Unreleased via Getty Images Introduction Per my May article, Amazon's (NASDAQ:AMZN) AWS keeps growing with generative AI. Since that time, the 2Q24 earnings have come out, along with a July 24 Prime Video

Summary Google's business advantages are highlighted in the August 5, 2024 Memorandum Opinion court document. Google's superior search engine and advertising system make it a top choice for partnerships like Apple's default search engine deal. Given the ruling against Google with respect to text ads, regulation risk is now a serious concern. 400tmax Introduction Per my July article, Google (NASDAQ:GOOG) (NASDAQ:GOOGL) continues performing well as the world embraces AI. Since that time, the August 5, 2024 Memorandum Opinion court

Summary Nvidia Corporation is transitioning from a GPU designer to an AI factory builder. AI spending will continue to grow in healthcare, government, and robotics. CEO Jensen Huang says the AI robot industry could be bigger than the auto and consumer electronics industries combined. JHVEPhoto Introduction Per my March article, NVIDIA Corporation (NASDAQ:NVDA) has a bright future with accelerated computing, and we need to think about them as an AI factory builder rather than merely a GPU designer. Since the time of that writing, new information has come out, including the March 18th GPU Technology Co

Summary Brookfield Renewable signed a global renewable energy agreement with Microsoft, setting the stage for over 10.5 GW of solar and wind capacity, largely in the US. The deal highlights Brookfield's position for similar agreements with other data center companies. The increased use of solar and wind in the US, led by companies like Brookfield, is transforming the energy landscape. Justin Paget Introduction My February article talks about the way Brookfield Renewable’s (NYSE:BEPC) (NYSE:BEP) asset classes are expanding beyond hydro. The article noted how management has a knack

Summary Meta is returning capital to shareholders by running the business in a manner which sets up FCF such that buybacks and dividends can be used effectively. The company has reduced its share count by 10% over a 3-year period through buybacks. Meta has announced its first-ever cash dividend program, paying $2.00 per share on an annual basis. LIONEL BONAVENTURE/AFP via Getty Images Introduction Per my August article, Meta (NASDAQ:META) continues to increase efficiencies and 2023 did indeed turn out to be the year of efficiency. My thesis is that Meta is returning capital to shareholders in several ways. The first way is by running the business i

Summary Volvo Car Group is cautious about its BEV market share in China and is not willing to engage in a price fight. The company sold 113,419 BEVs globally in 2023, up 70% from the previous year, but the numbers in China were underwhelming. Geely Holding Group recently sold some Volvo Car Group shares, reducing its ownership, which may impact the company's valuation. Trygve Finkelsen/iStock Editorial via Getty Images Introduction Most of the ownership for Volvo Car Group (OTCPK:VLVOF) (OTCPK:VLVCY) is in China and much of their manufacturing is done there as well despite the fact that China only accounted for 170,091 out of 708,716 units sold in 2023 or 24%. Furthermore, China only acc