Core Viewpoint - Strategy (MSTR) has experienced a significant decline of -26.4% over the past month, contrasting with the S&P 500's increase of +2.1% and the Zacks Financial - Miscellaneous Services industry's loss of -3.8% [1] Earnings Estimate Revisions - The consensus estimate for Strategy's current quarter is a loss of $0.08 per share, reflecting a year-over-year change of +97.5% [4] - For the current fiscal year, the consensus earnings estimate is -$15.73, indicating a change of -134.1% from the previous year [4] - The next fiscal year's consensus earnings estimate is $0.4, showing a change of +97.5% from the prior year [5] - The Zacks Rank for Strategy is 3 (Hold), based on the recent changes in earnings estimates and other related factors [6] Projected Revenue Growth - The consensus sales estimate for the current quarter is $123.3 million, representing a year-over-year change of +2.2% [10] - The sales estimates for the current and next fiscal years are $466.75 million and $485.05 million, indicating changes of +0.7% and +3.9%, respectively [10] Last Reported Results and Surprise History - In the last reported quarter, Strategy achieved revenues of $128.69 million, a year-over-year increase of +10.9% [11] - The EPS for the same period was $8.42, compared to -$1.56 a year ago, with a revenue surprise of +9.9% and an EPS surprise of +7754.55% [11] - Over the last four quarters, Strategy has surpassed consensus EPS estimates twice and revenue estimates twice [12] Valuation - Strategy is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [16]

Well, I mean, I can't say I don't share their concerns about valuation. When we take a look at the broad market and of course technology, but sectors across the board, you do see valuations at extremes. I think those extreme valuations mean that a lot of good news is priced in.So even though we do see earnings deliver, I think a lot of the expectation was already there that we would see that. So any sort of um an question mark, you know, we have uh tariff cases, we have the the Federal Reserve and questions ...

DANI: IT’S 5 A. M. IN NEW YORK CITY.VONNIE QUINN IS ON ASSIGNMENT THIS MORNING. FUTURE STOP AS WALL STREET CEOS ONE OF AN EQUITY CORRECTION. MORE FROM THE SUN AND IN HONG KONG, COMING UP.A GUIDANCE BOOST IS NOT ENOUGH. PALANTIR IS EXTENDING POST EARNINGS DECLINE ON LOFTY VALUATIONS DESPITE SALES SURGE AND OUTLOOK RAISE. LIVE FROM SAO PAULO AT THE COP 30 CONFERENCE FOR CLIMATE.DON'T MISS OUR EXCLUSIVE INTERVIEW. WE STARTED OUT IN NOVEMBER WITH TECH SURGING AND OUTPERFORMING AND NOT BEING THE THING TO CARRY U ...

Market Valuation - U.S stocks have crossed a valuation milestone for the second time [1] - This milestone suggests low future returns for U.S stocks [1]

Financial Performance - OpenAI's current revenue is reported to be $13 billion [1] - OpenAI aims to end the year with a $20 billion revenue run rate [1] - An IPO at a 50 times revenue multiple would be considered high [2] IPO Considerations - Rumors suggest OpenAI is considering an IPO in 2026 at a $1 trillion valuation [1] - OpenAI needs significant capital to fund its projects, making an IPO likely [3][4] - The company is currently losing money at an unprecedented rate [2] Strategic Outlook - OpenAI's ambition and ability to overcome challenges will influence the size of its IPO [4]

Market Trends & Risks - Altcoins trading is becoming more difficult and dangerous due to increased competition among sophisticated buyers who are less confident [1] - Altcoins are primarily traded on perpetual contracts with leverage, increasing risk [1] - Significant dilution in coins occurs, with market values often high without justification [1] - Launch Fully Diluted Valuations (FDVs) capture 100% of optimism without respecting price/valuation [1] - Too much pre-market price discovery makes new asset launches unsafe [1] Investor Behavior - The average 2025 buyer purchases on perpetual contracts without checking valuation and sells upon PNL turning red or force sells in liquidation [2] - Patience is more highly rewarded than being "early" in liquid markets [2] Opportunities - The crypto market remains the best place for returns for smart people, emphasizing skill expression and asset selection [2] - Outlier assets will continue to emerge, offering opportunities for significant returns [2]

Core Insights - Berkshire Hathaway Inc. reported an EPS of $9,378.93, exceeding estimates of $8,573.50, driven by strong performance in insurance and retail segments [2][6] - Operating earnings increased by 34% year-over-year, with net earnings attributable to shareholders rising to nearly $30.8 billion from $26.3 billion [3][6] - The company's stock is trading at attractive valuations, with a P/E ratio of 16.36 and a price-to-sales ratio of 2.74, following a 10.6% decline [4][6] Financial Performance - Revenue was reported at $94.97 billion, slightly below the estimated $95.62 billion, indicating resilience despite the shortfall [2] - The balance sheet is robust, featuring a cash reserve of $360 billion, a low debt-to-equity ratio of 0.19, and a high current ratio of 46.06, showcasing strong liquidity [5][6] Market Position - Berkshire Hathaway's unique structure and leadership differentiate it from competitors, which include large conglomerates and investment firms [1] - The company's strong financial position and strategic acquisitions contribute to its competitive edge in the market [1]

At least 10 multinational companies may list their Indian units in Mumbai over the next year as they seek higher valuations amid the country’s rapid growth, according to Rothschild https://t.co/e0dB3Lfe54 ...

solana apps generate $6b annualized fees. ethereum apps generate $5b. sol trades at 29x revenue, same multiple as apple and microsoft. the revenue flip already happened, market hasn't repriced it. when fee generation determines valuation instead of tribal narratives, sol adjusts violently higher. ...

Open Eye is the world's most valuable private company. While $1 trillion would be a huge valuation, keep in mind Nvidia on Wednesday eclipsed a $5 trillion market cap for the first time. Apple's market cap is now over 4 trillion.My question of the day is this. Should Open Eye be more valued along the lines of Nvidia and Apple. Or does 1 trillion look right because the company may not be profitable for years and has no consumer hardware yet.I think it's really hard to put a really high valuation on a company ...