If your thesis is mass white-collar unemployment due to AI, why would shorting managed care with high employer-sponsored exposure ($CI, $ELV) not play well?
On other side of coin, why wouldn’t $OSCR, and to a lesser degree $MOH and $CNC not thrive in such an environment?
Think $OSCR moving off the back of comments from $CNC at Barclays conf. Seem like steep decline in effectuated enrollment since Jan (but in line with expectations) and medical costs still running a little hot in the silver tier
Interesting ER from $SNAP. Knew we’d see a DAU decline QoQ, but surprised to see NA DAU decline that much,was expecting to see it more in RoW. Clearly sacrificing DAUs for increased ARPU, the right approach imo. Guidance will be key, likely will bring up EU countries pushing to ban social media <16 and <15. Probably Q1 QoQ drop in DAUs coming
Curiously no mention of Perplexity? When’s that revenue stream hitting? Is it still happening?
One of the more interesting things to wager on this morning. Under basically any circumstance, this is an easy win for Kyrgios, HOWEVER:
1. Kyrgios has an area 9% smaller to hit to
2. And probably the biggest factor. Only one serve! The difference between Kyrgios’ 1st and second serve is much larger than Saba’s
3. Kyrgios is an entertainer. He has been saying that all week.
The rules are trying to make this as much of an even matchup as possible. How I think this will go: Kyrgios keeps this interesting. It won’t be a blowout. Can play it two ways:
1. Buy Saba now and try to flip when it at least doubles. I don’t think it’s crazy for her to rip a set here, or at one point trade to 50%.
2. Ignore Saba, and buy Kyrgios when he inevitably dips down to the 50-70% range. Still think he likely wins this when he’s done being a showman.