Key TakeawaysAlcoa (AA) has been fined A$55 million by the Australian government for failing to adequately remediate historic land clearing.The NZD/USD pair plummeted toward the 0.6000 psychological level after RBNZ Governor Anna Breman downplayed the likelihood of near-term interest rate hikes.YouTube, owned by Alphabet (GOOGL), resolved a massive technical outage that affected over 300,000 users globally.The Reserve Bank of New Zealand (RBNZ) maintained its Official Cash Rate at 2.25%, defying hawkish mar ...

YouTube is suffering a global outage YouTube has not yet issued a statement regarding the disruption, and the cause of the outage remains unclear. There are nearly 300,000 reports on DownDetector and growing, with a large spike for both Google and YouTube TV on the outage tracker as well.Something went wrong When users are trying to access YouTube, they are getting an error message 'Something is Wrong'. YouTube TV had 8,923 issue ‌reports on the website, while Google had 2,694. Google ⁠did not immediately ...

YouTube outageThere were 321,958 incidents of people reporting issues ⁠with the social ‌media platform, as of ⁠0818 p.m. ET, according to Downdetector, which tracks outages by collating status reports from multiple sources.YouTube TV had 8,923 issue ‌reports on the website, while Google had 2,694. Google ⁠did not immediately respond to a Reuters request for comment. The outage sparked a wave of reactions on social media, with users expressing frustration, confusion and humour over the disruption. While some ...

Group 1: Major Tech Infrastructure Issues - A significant wave of technical difficulties affected major platforms including Cloudflare, Amazon Web Services, and Alphabet, with YouTube reporting over 240,000 user outages in the U.S. [2][3][11] Group 2: Monetary Policy and Economic Outlook - The Reserve Bank of New Zealand maintained its Official Cash Rate at 2.25%, indicating a commitment to an accommodative monetary policy to support economic recovery [4][5][11] Group 3: AI Infrastructure Investment - AI startup Anthropic plans to invest at least $80 billion in cloud services from Amazon, Alphabet, and Microsoft through 2029 to support its AI models [6][7][11] Group 4: Corporate Strategic Moves - Lawson is expanding into the Indian market to leverage growth opportunities amid a saturated Japanese retail landscape [8][11] - Santos is implementing a 10% workforce reduction as part of a cost-saving initiative to enhance operational efficiency in the energy sector [9][11]

Group 1 - YouTube experienced an outage affecting over 320,000 users in the United States, with 321,958 incidents reported on Downdetector [1][2] - YouTube TV had 8,923 issue reports, while Google had 2,694 reports during the same outage period [2]

Group 1: Revenue and User Growth - YouTube's subscription and ad revenue is on the rise, with 325 million paying users across Google One and YouTube Premium, an increase from 300 million three months prior [1] - YouTube's ad revenue grew by 9% to $11.38 billion in Q4, although it fell short of analysts' expectations of $11.84 billion [2] - Overall revenue for YouTube, including ads and subscriptions, reached $60 billion for the full financial year, marking a 17% increase year-over-year [2] Group 2: Subscription Services and Offerings - The $8 per month ad-free YouTube Premium tier is experiencing strong traction, although specific user numbers were not disclosed [2] - The company plans to expand its subscription offerings, particularly for YouTube TV, with new plans that will provide over 10 genre-specific packages [3] Group 3: Content Engagement and AI Features - YouTube Shorts achieved 200 billion average daily views, consistent with the previous year, and in some regions, ads on short-form videos generate higher revenue per hour than in-stream ads [4] - The podcast format is gaining popularity, with viewers watching 700 million hours of podcasts from their TVs in October [4] - More than 1 million channels are utilizing YouTube's AI creation tools, and 20 million consumers engaged with its Gemini-powered content discovery tool in December [5]

We came across a bearish thesis on The Walt Disney Company on Accrued Interest’s Substack by Simeon McMillan. In this article, we will summarize the bears’ thesis on DIS. The Walt Disney Company's share was trading at $109.56 as of January 28th. DIS’s trailing and forward P/E were 16.15 and 16.81 respectively according to Yahoo Finance. The Walt Disney Company operates as an entertainment company in Americas, Europe, and the Asia Pacific. DIS is positioned to underperform the S&P 500 in 2026, primarily d ...

Core Insights - Alphabet achieved a record quarterly revenue exceeding $400 billion, with significant growth in search, YouTube, and cloud services [3][21] - The launch of Gemini 3 marked a pivotal milestone, driving strong momentum across various business segments [3][4] - The company reported a 17% growth in search revenue, with YouTube's annual revenue surpassing $60 billion and cloud revenue growing by 48% [3][24] Group 1: Financial Performance - Alphabet's total revenue for 2025 reached $403 billion, reflecting a 15% growth year-over-year [21] - In Q4, the company reported a revenue of $113.8 billion, an 18% increase, primarily driven by search and cloud business growth [21][24] - Operating income grew by 16% to $35.9 billion, with an operating margin of 31.6% [22] Group 2: Business Segments - Google Services revenue increased by 14% to $95.9 billion, with search and subscription services contributing significantly [23] - Google Cloud revenue surged by 48% to $17.7 billion, driven by strong demand for enterprise AI products [24][25] - YouTube's advertising revenue grew by 9% to $11.4 billion, supported by direct response advertising [23][38] Group 3: AI and Technology Advancements - The company has integrated AI across its products, enhancing user engagement and driving revenue growth [4][8] - Gemini 3 has become the fastest adopted model in the company's history, with daily token processing volume significantly increasing [5][6] - The AI-driven search features have led to a doubling of daily queries per user in the U.S. since the launch of new functionalities [8] Group 4: Customer Engagement and Subscriptions - Alphabet has over 325 million paid subscribers across its consumer services, with strong growth in Google One and YouTube Premium [3] - The Gemini App has achieved over 750 million monthly active users, reflecting robust user engagement [6][46] - The company has seen a 65% year-over-year increase in customer interactions through Gemini Enterprise [12] Group 5: Future Outlook and Investments - Capital expenditures for 2026 are projected to be between $175 billion and $185 billion, focusing on AI and infrastructure [4][27] - The company plans to continue investing in AI capabilities to support growth across all business segments [27][43] - Alphabet aims to enhance operational efficiency while meeting the increasing demand for its services [34][43]

Core Thesis - FuboTV Inc. is expected to underperform in 2026 due to competitive, structural, and financial pressures that threaten its fragile business model [2][6] Competitive Landscape - YouTube TV poses a significant threat to FuboTV by launching sports-focused "skinny bundles" in 2026, leveraging its superior scale and pricing power [2][3] - YouTube TV has approximately 10 million subscribers, nearly double the combined total of Fubo and Hulu + Live TV, which stands at around 6 million [3] Financial Performance - FuboTV's trailing and forward P/E ratios are 7.22 and 52.63 respectively, indicating potential valuation concerns [1] - The merger with Hulu + Live TV has not provided a meaningful growth catalyst, with Hulu's live TV segment experiencing a 4% year-over-year decline in subscribers [5] - Fubo's Q3 2025 results show declining revenue, falling average revenue per user (ARPU), and limited advertising leverage, reinforcing concerns about its financial health [6] Market Dynamics - The estimated synergies from the merger with Hulu + Live TV are modest at $120 million, insufficient to offset weak organic growth [5] - Management's cautious communication post-merger suggests expectations for lower forward guidance, indicating a challenging outlook for FuboTV [6]

Core Viewpoint - Disney's prolonged dispute with YouTube TV resulted in significant financial losses, particularly impacting its sports segment's operating income by approximately $110 million due to a 15-day blackout of Disney-owned channels [1][2]. Group 1: Financial Impact - The overall operating income for Disney's sports division was reported at $191 million, reflecting a 23% decrease from the same quarter last year [2]. - The financial decline was attributed to the YouTube TV fallout, increased programming and production costs, and a reduction in subscription and affiliate fees [2]. Group 2: Dispute Details - The conflict centered around the valuation of Disney's content, particularly its sports rights, with Disney claiming YouTube TV was not offering a fair price [3]. - YouTube TV contended that higher payments would necessitate increased prices for its subscribers, leading to a customer credit of $20 during the dispute [3]. Group 3: Analyst Insights - Morgan Stanley analysts estimated that Disney was incurring losses of $30 million in revenue per week, equating to about $4.3 million daily, indicating a deeper impact on operating income beyond just revenue loss [4]. - Disney's upcoming earnings call is expected to provide further insights into the financial implications of the dispute [4].