Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Meta Platforms (Facebook) / Equity Bottom-Up

<ul><li>Meta Platforms delivered a highly disappointing set of results with a huge earnings miss.</li><li>The company’s ballooning costs to fund its virtual reality vision have resulted in a drop in profitability.</li><li>We provide the stock of Meta Platforms with a ‘Hold’ rating and a revision in the target price.</li></ul>

Meta Platforms delivered a highly disappointing set of results with a huge earnings miss.The company’s ballooning costs to fund its virtual reality vision have resulted in a drop in profitability.We provide the stock of Meta Platforms with a ‘Hold’ rating and a revision in the target price.

Meta Platforms: Is The Hyper Growth Story Over? (11/22)

Defining Social Commerce in Southeast Asia, Cube Asia

Sarabjit Singh

Defining Social Commerce in Southeast Asia

Cube Asia

We offer granular market data and insights for online retail in Southeast Asia, helping brands and retail companies drive profitable growth. 

Why the Cube?
3 dimensions of granularity to help you get deep into the 1) geographies, 2) categories, and 3) types of data and insights you need for your business.

The Cube is a big-data machine that is continuously listening to public data sources and primary research, and triangulating across thousands of data points using probabilistic modeling to produce an accurate and granular picture of Southeast Asia’s online retail landscape.

Thematic (Sector/Industry)

<ul><li>Social platforms and e-commerce platforms used to exist in a symbiosis where the former harnessed consumers’ attention and the latter offered goods for sale, and where ad dollars traded hands in between.</li><li>The rise of Social Commerce has disrupted that status quo forever, with both types of platforms making moves to better delight consumers while capturing a greater share of the economic value.</li><li>While still in its early days, this archetype of Social Commerce is already proving consequential to Southeast Asia’s e-commerce landscape and forcing brands and retail companies to reconsider their online channel mix</li></ul>

Social platforms and e-commerce platforms used to exist in a symbiosis where the former harnessed consumers’ attention and the latter offered goods for sale, and where ad dollars traded hands in between.The rise of Social Commerce has disrupted that status quo forever, with both types of platforms making moves to better delight consumers while capturing a greater share of the economic value.While still in its early days, this archetype of Social Commerce is already proving consequential to Southeast Asia’s e-commerce landscape and forcing brands and retail companies to reconsider their online channel mix

Social Platform Commerce in Southeast Asia: Basics, Key Dynamics and Opportunities

High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

<ul><li>An interesting dynamic has emerged over the past few months with mega cap technology companies like Meta, Alphabet, and Amazon all seeing considerable weakness while other pockets of the market have emerged to move higher. </li><li>The market has recently “shaken off” some pretty bad earnings reports from mega cap tech while other pockets of the market continue to see breakouts which is a notable character change from the past few years. </li><li>After seeing mega cap technology earnings results from this past week, some have questioned whether a new crop of market leadership is ready to take over the mantle from the big cap technology companies.</li></ul>

An interesting dynamic has emerged over the past few months with mega cap technology companies like Meta, Alphabet, and Amazon all seeing considerable weakness while other pockets of the market have emerged to move higher. The market has recently “shaken off” some pretty bad earnings reports from mega cap tech while other pockets of the market continue to see breakouts which is a notable character change from the past few years. After seeing mega cap technology earnings results from this past week, some have questioned whether a new crop of market leadership is ready to take over the mantle from the big cap technology companies.

TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

TMT & Consumer Independent Equity Research Analyst

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

<ul>
<li>Blowout (in a bad way) opex and capex guidance triggered a puke in META. Metaverse spending slowdowns completely ignored by Zuck.</li>
<li>Underlying engagement trends are suprisingly solid, as is underlying revenue growth (which was 8% organic this quarter ex-FX, IDFA, and Reels).</li>
<li>The key question is...what is the LT capital intensity for META to retain its competitive advantage through AI - related spending.</li>
</ul>


Blowout (in a bad way) opex and capex guidance triggered a puke in META. Metaverse spending slowdowns completely ignored by Zuck.
Underlying engagement trends are suprisingly solid, as is underlying revenue growth (which was 8% organic this quarter ex-FX, IDFA, and Reels).
The key question is...what is the LT capital intensity for META to retain its competitive advantage through AI - related spending.


META Platforms 3Q22: You Got to Keep ‘em Separated

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Flowing Cloud Technology / Equity Bottom-Up

<ul>
<li>Chinese metaverse firm Flowing Cloud Technology Ltd. saw its Hong Kong shares fall on their first two days of trading as speculation on the hype around the emerging industry cools off. </li>
<li>The company’s main business is producing content and providing services to other businesses based on augmented reality (AR) and virtual reality (VR) technologies.</li>
<li>Last year, it began to operate its own metaverse platform featuring VR-powered social interactions.</li>
</ul>


Chinese metaverse firm Flowing Cloud Technology Ltd. saw its Hong Kong shares fall on their first two days of trading as speculation on the hype around the emerging industry cools off. 
The company’s main business is producing content and providing services to other businesses based on augmented reality (AR) and virtual reality (VR) technologies.
Last year, it began to operate its own metaverse platform featuring VR-powered social interactions.


Chinese Metaverse Firm Flowing Cloud Drops in Hong Kong Debut

United States

Meta Platforms Inc. operates as a social technology company. The Company builds applications and technologies that help people connect, find communities, and grow businesses. meta Platform is also involved in advertisements, augmented and virtual reality.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Dividend (Yield)	0.00

Meta Platforms (Facebook) (META US)

Meta Platforms: Is The Hyper Growth Story Over? (11/22)

Meta Platforms delivered a highly disappointing set of results with a huge earnings miss. The company’s ballooning costs to fund its virtual...

Baptista Research

Weekly Stock Bullfinder - Week of 10/31

An interesting dynamic has emerged over the past few months with mega cap technology companies like Meta, Alphabet, and Amazon all seeing...

Weekly Stock Bull Finder

META Platforms 3Q22: You Got to Keep ‘em Separated

We think the current trajectory for META is unsustainable. The company will lose talent soon if the stock doesn't start to work, which requires...

Aaron Gabin

Chinese Metaverse Firm Flowing Cloud Drops in Hong Kong Debut

Chinese metaverse firm Flowing Cloud Technology Ltd. saw its Hong Kong shares fall on their first two days of trading as speculation on the hype...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Meta Platforms: Is The Hyper Growth Story Over? (11/22)

Meta Platforms delivered a highly disappointing set of results with a huge earnings miss. The company’s ballooning costs to fund its virtual...

Baptista Research

Social Platform Commerce in Southeast Asia: Basics, Key Dynamics and Opportunities

Social platforms and e-commerce platforms used to exist in a symbiosis where the former harnessed consumers’ attention and the latter offered goods...

Sarabjit Singh

Weekly Stock Bullfinder - Week of 10/31

An interesting dynamic has emerged over the past few months with mega cap technology companies like Meta, Alphabet, and Amazon all seeing...

Weekly Stock Bull Finder

META Platforms 3Q22: You Got to Keep ‘em Separated

We think the current trajectory for META is unsustainable. The company will lose talent soon if the stock doesn't start to work, which requires...

Aaron Gabin

Chinese Metaverse Firm Flowing Cloud Drops in Hong Kong Debut

Chinese metaverse firm Flowing Cloud Technology Ltd. saw its Hong Kong shares fall on their first two days of trading as speculation on the hype...

Caixin Global