Shot Heard Round The Warehouse, Major U.S. Grocery Expansion Opens Unt...

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TSMC: Exiting 6" manufacturing and consolidating 8" linesView: This statement from TSMC in our view both 1) highlights the difficult economics of mature manufacturing in areas where China is more effectively competing with Western supply while at the same time 2) potentially creates some opportunit

Meta Platforms (META, Buy, $775 target) First AI capex financing deta...

Last week, Bloomberg reported that META has selected PIMCO and Blue Owl Capital to lead a debt and equity financing to fund its data center expansion in Louisiana. In the report we review:

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Trump, Lip-Bu Tan: Calls Lip-Bu Tan rise to success "amazing story"; soap opera continuesView: President Trump said he met with Intel CEO Lip-Bu Tan on Monday, days after seeking his resignation, praising Tan and characterizing the meeting "a very interesting one". While an amicable resolution and

Snap Inc: 1 director

A director at Snap Inc sold/gave away 1,304,098 shares at 0.000USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...

Alphabet (GOOGL, Buy, $235 target) Antitrust Expert Call Recap: Previe...

Last week, we had the pleasure of hosting Megan Gray to discuss and preview the Google vs DOJ Search remedies ruling, which is expected later this month. Megan shared updated probabilities for different remedies and the expected timeline from here, among other things.

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Finally, we would note, conceptually, we view this decision by the US government to levy a charge for certain foreign companies to procure US technology as worrisome, given it opens the door for the US to selectively tax a variety of companies/products that enjoy technology leadership positions. Bl

Match Group Inc: 1 director

A director at Match Group Inc sold 12,500 shares at 36.716USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...

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Wedbush Morning Call - Aug 08 2025 6:57AM

Beat, Raise, Sell-Off; Buy the Dip; Outperform, $44 PT

Figure 1. 2Q25 ResultsSource: Company reports, Wedbush estimates, FactSet consensusGuide: 2Q revenue guide of $960mm to $980mm; 2Q adj. EBITDA guide of $217mm to $237mmPinterest reported strong 2Q results ahead of our estimates and consensus for both revenue and adj. EBITDA. Revenue in the quarter

The Trade Desk (TTD, Neutral, $75 target) Continued revenue decelerati...

In this first take following tonight’s results, we touch on: 1. 3Q25 revenue deceleration hangs over the stock 2. Management remains confident that Amazon DSP is not a competitor 3. Kokai adoption reaches three quarters of spend 4. CFO transition announced, other leadership changes evolve go-to-market

Pinterest (PINS, Buy, $49 target) Elevated expectations into the print...

In this first take following tonight’s results, we touch on: 1. Pullback due to heightened expectations, no change to our thesis 2. De minimis and other tariff policies impact regional mix, but not overall trend 3. More Performance+ adoption in the mid-market, hints of what could come in SMB 4. MAU growth on track as Gen Z passes 50% of total, larger focus on men underway 5. As expected, margin gains continue to ease

Alphabet (GOOGL, Buy, $235 target) New organic Search click disclosure...

Yesterday, VP, Head of Search, Liz Reid published a blog post discussing aggregate organic search click volumes and click quality as AI Overviews and AI Mode continuing rolling out.

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While the latest update from the Trump administration now points to 50% total tariffs (up from 25% initially), we still expect negotiations between the two countries will continue to unfold over the coming days and weeks, and we would not exclude the possibility a trade deal (containing lower tarif

Alphabet (GOOGL, Buy, $235 target) And now GCP has the new OpenAI ope...

Quick update following yesterday’s report on Amazon Web Services (AWS) offering OpenAI’s new gpt-oss open weight models, in which we noted that Google Cloud Platform (GCP) did not yet offer them. That changed this morning, and we have the new details in today’s report.

The Match Group (MTCH, Neutral, $31 target) Progress continues under n...

In this first take following tonight’s results, we focus on: 1. Tinder MAUs are still declining year over year but improving 2. $50M reinvestment in 2H25 to power product tests, marketing, geo expansion, new bets 3. Tinder Double Date seeing early traction particularly with under 30s 4. Hinge keeps humming 5. Margins impacted by one-time issues, but remain solid 6. Capital return remains robust

Amazon (AMZN, Buy, $270 target) AWS adds OpenAI open weight models (an...

Earlier today, OpenAI released its promised open weight models and they are available on a variety of platforms, including AWS and Azure but not GCP. This is the first time any OpenAI models have been available through AWS.

Amazon Com Inc: 1 director

A director at Amazon Com Inc sold 2,500 shares at 217.000USD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...

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