To The Moon

1. $Amazon.com(AMZN)$

• AWS grew 18.7% to $26.3b which beat Wall St.

• Diluted EPS grew by 96% YoY in Q2 and 137% in H1 2024.

• AWS now boasts a 35.5% margin.

$AMZN is dominant in rapidly growing industries.

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2. $SoFi Technologies Inc.(SOFI)$

• Added 643k members (highest in 1 quarter ever)

• Was conservative on lending, yet grew home loan originations by 71% and student loan by 86%

• 80% YoY increase in total deposits

• 80% YoY increase in financial services with 129% increase in debit spend.

Stock down 16% in a week.

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3. PayPal | $PYPL

• 1.8M accounts added

• Active transactions per account grew 11% YoY

• FCF up 31% YoY and a FCF margin of 14% QoQ allwing $PYPL to raise FCF guidance and increase buybacks to $6b.

$PYPL currently has a P/E ratio of 12.9, it's hard not to love $PYPL at this price.

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4. $Hims & Hers Health Inc.(HIMS)$

$HIMS gave a solid quarter with a 43% YoY growth in subscriber count as well as a 8% increase in revenue per subscriber.

Net income was positive $13.3M compared to a loss of $7.3M last year.

The company is rapidly transforming the healthcare market and is now priced extremely attractively.

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5. $Block(SQ)$

• Gross profit rose 20% YoY

• Cash App profit rose 23% YoY

• Cash App volume grew 70% YoY

$SQ also announced $3b in buybacks.

My worry is how tied they are becoming to Bitcoin. But as you can see below, they're extremely cheap considering growth today.

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