Snapshots That Wow!

No Jai Kisan?

“America’s small farmers are facing a crisis brought on by higher interest rates, Trump’s trade war and dramatically reduced demand from China. In the first half of the year, small-business bankruptcies filed by farmers and fisherman hit the highest number since 2020, which was the tail end of a similar cycle of low prices. Farm debt is expected to hit $561.8 billion this year, a record high, according to the Trump administration.

Source: Bloomberg

Capex ARR of $100bn!

Alphabet has stepped up its capital expenditure greatly- growing 70% of top of base quarter growth of 91% to a whopping $22.5bn!

Source: Alphabet Investor Presentation

Party like it's 1999!

Goldman Sachs’ Non-Profitable Tech Index is up 66% since hitting its low in April.

P.S. Have to hand it to the Americans for making an index out of almost anything!

Source: Bloomberg

Bijlee K(h)adki!

Retail power costs in the US are rising very, very quickly (>35% over the last 5 years) — in some part due to expensive grid investment.

Source: Javier Blas, FRED

Megha baras gaye!

Google Cloud is now a $50bn business with 20% EBIT margin. 10 years back, on creation of Alphabet and Sundar Pichai taking over as CEO of the co. the entire revenue of Google was $75bn!

Source: Quartr

Moooo(ve) over

I guess we can’t really expect any chip making in Ghatkopar.

Source: Focus: The ASML Way