TMT Breakout

TMT Breakout

Share this post

TMT Breakout
TMT Breakout
TMTB: RBLX beats bogeys; UBER Solid; BABA mixed; SNAP rug pull; MS bulls NVDA; 3p roundup (ETSY, CART); DIS/FOX/WBD sports streaming; FTNT good billings but things to nitpick; CTSH lowers guide
Copy link
Facebook
Email
Notes
More

TMTB: RBLX beats bogeys; UBER Solid; BABA mixed; SNAP rug pull; MS bulls NVDA; 3p roundup (ETSY, CART); DIS/FOX/WBD sports streaming; FTNT good billings but things to nitpick; CTSH lowers guide

TMT Breakout's avatar
TMT Breakout
Feb 07, 2024
∙ Paid
5

Share this post

TMT Breakout
TMT Breakout
TMTB: RBLX beats bogeys; UBER Solid; BABA mixed; SNAP rug pull; MS bulls NVDA; 3p roundup (ETSY, CART); DIS/FOX/WBD sports streaming; FTNT good billings but things to nitpick; CTSH lowers guide
Copy link
Facebook
Email
Notes
More
Share

Good morning - QQQs are up 40bps, Crude is up 80bps, yields are up a few bps, and China is pulling back a bit after yesterday’s ramp. Lots of earnings to get to today….

RBLX: Very solid print with Q4 bookings and Q1 bookings guide higher than bogeys. Full year EBITDA guide way above

This is the print bulls wanted from mgmt and they got it (we pitched RBLX earnings long to our TMTB Pro subs this wkend). Big contrast with SNAP this morning - both companies had been looked as poorly run and this shows RBLX serious about turning around perceptions. EBITDA guide way above is what has me very intrigued.

Keep reading with a 7-day free trial

Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 TMT Breakout
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More