TMTB Mid-day Wrap
Good afternoon. Early one today as I have to head out before the close.
QQQS +12bps as head into the weekend and excitement builds for OAI Dev Day Monday. BTC +2.5% hitting new highs.
Let’s get straight to it…
INTERNET
META -1% feeling a bit of the heat as Sora climbs to the top spot in the app store. Given it’s invite only still, it’s a pretty impressive ramp in just a few days
RBLX -5% as M-sci said US bookings decelerated in Sept to low 30s (similar to what street is at for Q4). Good points here from a TMTB reader:
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