$GOOG - Q4/24 and FY 2024 #'s - spending $75bn in capex in 2025 (vs. $52bn 2024), mostly in servers and data centers - Cloud + YouTube have run rate of $110bn revenues - YouTube $36bn rev (from $31bn 2023) - Cloud $43bn rev (from $33bn 2023) - Search revenue of $198bn (vs.

$DIS - Theme Parks = 70% of DIS EBIT in 2023 (compare to 41% 2019, 35% in 2018) - Theme parks EBIT -5% y/y (some due to Hurricanes) - attendance at US parks -2% y/y, down from +6% in 2023 - park spending +3-4% -Cost for 2 adults / 2 kids for 4 days = $4,266, up from $3,230 5

$MCO Differences in business model vs. $SPGI Est. 2025 revenue growth "high single digit" vs. SPGI (5-7%). - Ratings business *transactional* revenue +54%, issuance growth +42% - total MIS rev +33% 2024 -est. 2025 EPS growth of low-to-mid-teens % coming off of 26% growth in 2024

$V

「Nintendo Switch 2 カメラ」は、Nintendo Switch 2 と同日に発売。 Nintendo Switch 2 本体に接続するだけで、ビデオチャットを簡単に始めることができます。 #NintendoDirectJP #NintendoSwitch2

$ NTDOY