📊 Cash Rich Companies

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Happy Monday!

Imagine waking up to $81T in your bank account. What’s the first thing you’d buy?

That was almost a reality for one lucky Citigroup customer last April when the bank accidentally credited their account with $81T.

• This was just a bit more than the $280 they were actually supposed to receive.

Two employees caught the error after 90 minutes and quickly reversed it.

You’d think mistakes like this are rare, but it turns out they’re surprisingly common.

• Citi had 10 near-misses of $1B or more in 2024—and 13 in 2023.

So if you’ve ever dreamed of waking up a billionaire, technically, the odds aren’t zero.

Some key data bites from this week that you should know:

• Best Fund Managers have been buying these 10 stocks.

• Starbucks is cutting 1,100 corporate jobs, or 7% of its global workforce.

• Alibaba will invest at least $52B in AI infrastructure over the next 3 years.

• Apple is investing $500B in the U.S. and adding 20,000 jobs over the next 4 years.

• Half of all U.S. spending comes from the top 10% of earners.

• Google won a $2.5B cloud deal with Salesforce.

• Blackstone is acquiring a superyacht and marina servicer business for $5.65B.

• PayPal wants Venmo to reach $2B in revenue by 2027.

• GM increased its dividend by 25% and announced a $6B stock buyback.

• Meta in talks to build a $200B AI data center project.

• MrBeast is looking to raise a few hundred million dollars at a $5B valuation.

• Fidelity 401(k) millionaires rose 27% to 537,000 in 2024.

• Skype is shutting down after 23 years.

• Eli Lilly plans to invest $27B to build four new plants in the US.

• Autodesk will cut 9% of its corporate workforce, or 1,350 employees.

• Stripe’s valuation increased to $91.5B from $50B in 2023.

In today’s newsletter:

• 💊 Hims & Hers In 4 Charts

• 🔥 Lucid Is Burning Cash

• 🦾 Nvidia’s Earnings

• 💸 Mag 7 Net Profit

• 💰 Cash Rich Companies

Let’s jump right in.

📣 Together With Mode Mobile

Today’s Fastest Growing Company Might Surprise You

🚨 No, it's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators.

Mode saw 32,481% revenue growth, ranking them the #1 software company on Deloitte’s 2023 fastest-growing companies list.

📲 They’re pioneering "Privatized Universal Basic Income" powered by technology — not government, and their EarnPhone, has already helped consumers earn over $325M!

Their pre-IPO offering is live at just $0.26/share – don’t miss it.

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*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Wall Street prescribed Hims & Hers a 6% drop this week.

Shares plunged 18% after hours following the company’s Q4 earnings report on Monday, before gradually coming back to life over the week.

Key Metrics:

• EPS: $0.11 vs. $0.10 Est.

• Revenue: $481M vs. $470M Est.

• Gross Margin: 77% vs. 78.4% Est.

• Average Order Value: $168 vs. $161.35 Est.

The stock has already been under pressure recently, after the FDA indicated the shortage of semaglutide injections has been resolved.

During the earnings call, Hims & Hers said they will likely have to cease offering compounded semaglutide in the coming months.

• GLP-1 prescriptions brought in more than $225M in 2024, accounting for a solid portion of the company’s record $1.5B in total revenue for the year.

• Excluding GLP-1, core revenue still climbed 43% YoY to $1.2B in 2024.

CFO Yemi Okapi noted the company reached the floor of its previous 2025 revenue target a year ahead of schedule.

• For Q1, Hims expects revenue to hit $530M at the midpoint, ahead of analyst estimates of $497M.

Lucid Motors has been a cash incinerator.

Since Q4 2021, the company has burned through $7.9B.

Here’s what the company reported for Q4 earnings:

Key Metrics:

• EPS: ($0.22) vs. ($0.25) Est.

• Revenue: $234.5M vs. $214M Est.

• 2025 Vehicle Production: 20,000 vs. 17,000 Est.

Lucid beat estimates on both EPS and revenue, but the higher-than-expected 2025 production forecast was the metric that took the spotlight.

• The company produced 9,029 vehicles in 2024 and now expects a 122% increase in 2025.

• For deliveries, Lucid delivered 3,099 vehicles in Q4 and 10,241 for the full year, up from 6,001 in 2023.

In leadership news, CEO Peter Rawlinson is stepping down and transitioning into a technical advisor role.

Lucid still has a long way to go to recover its historical losses.

• It remains down 96% from its November 2021 peak.

Nvidia’s earnings are the Super Bowl for investors.

When they report, everyone tunes in.

But at this point, even an incredibly strong quarter barely moves the needle.

Here’s how the company performed for Q4 FY25:

• Adj. EPS: $0.89 vs. $0.84 Est.

• Revenue: $39.33B vs. $38.05B Est.

• Data Center Revenue: $35.6B vs. $33.65B Est.

• Gaming Revenue: $2.5B vs. $3.04B Est.

• Q1 Revenue Outlook: $43B vs. $41.78B Est.

Revenue surged 78% YoY, while net income skyrocketed 80%.

• The company’s latest AI chip, Blackwell, pulled in $11B for the quarter.

• Guidance was solid too, exceeding estimates.

So why did Nvidia drop 8% this past week?

• Some investors are likely taking profits as the company’s blowout reports become less surprising.

At a $3.05T market cap, maintaining hypergrowth gets harder as the law of large numbers sets in.

• Revenue is still expected to climb 65% YoY in Q1 FY26, but that marks Nvidia’s fifth consecutive quarter of revenue deceleration, down from a peak of 265% in Q4 FY24.

• Gross margins have also dipped slightly, from 78.4% in Q2 FY25 to 73% this quarter, as newer products become more expensive to manufacture.

That said, Nvidia’s recent performance has still been impressive.

• Shares are up 46% over the past year, roughly tripling the S&P 500’s return.

The Magnificent 7 have been the driving force behind the S&P 500’s growth in recent years.

With all of them now having reported earnings, it’s a good time to see how they stack up from a profit perspective.

• As expected, Nvidia’s growth is in a league of its own, far ahead of the rest.

• Most of the Mag 7 are posting strong double-digit profit growth, benefiting from a focus on efficiency, AI expansion, and key revenue-driving segments.

But not everyone is thriving. Apple and Tesla both saw net income decline, with Tesla taking the bigger hit.

• Tesla had a strong run in Q4, nearly doubling thanks to Elon’s close ties to Trump.

• But since peaking in December 2024, shares have fallen roughly 40%.

Markets seem to be hanging by a thread, and volatility has already become a common theme this year.

The likelihood of a recession has dropped significantly from 2023, but in recent weeks, the probability has ticked higher in the U.S., U.K., and Europe.

• Bloomberg and Apollo peg U.S. recession odds just over 20%.

• Meanwhile, the Fear and Greed Index has flipped to extreme fear, a stark shift from neutral just a few weeks ago.

When uncertainty rises, strong cash reserves become a major advantage.

Companies sitting on large cash piles have the flexibility to pay down debt, pursue acquisitions, distribute special dividends, or buyback undervalued shares.

• Across the world, we see companies in various industries with large cash piles, such as Big Tech in the U.S., oil giant Saudi Aramco, electronics powerhouse Samsung, and automotive leader Toyota.

📣 Presented By Mode Mobile

This tech company grew 32,481%..

No, it's not Nvidia. It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

They’ve just been granted their Nasdaq stock ticker, and you can still invest at just $0.26/share.

Learn More

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Notable Companies Reporting Earnings Week of March 3rd, 2025:

I use EarningsHub to track earnings, estimates, and receive AI summaries of investor calls.

If you’d like an all-in-one earnings tool and see all other companies reporting, I definitely recommend you check it out!

Buys

• Markwayne Mullin (R)

  • Company: LPL Financial Holdings ($LPLA)

    • Amount Purchased: $50K - $100K

  • Company: Accenture ($ACN)

    • Amount Purchased: $50K - $100K

  • Company: Microsoft ($MSFT)

    • Amount Purchased: $50K - $100K

Sells

• Scott Franklin (R)

  • Company: BRP Group ($BWIN)

    • Amount Sold: $1M - $5M

• Markwayne Mullin (R)

  • Company: Vanguard Materials ETF ($VAW)

    • Amount Sold: $100K - $250K

  • Company: AMD ($AMD)

    • Amount Sold: $50K - $100K

Buys

• MSCI ($MSCI)

  • Insider: Henry Fernandez (Chairman and CEO)

    • # of Shares Purchased: 5,300

    • $ Amount: $3,044,902

    • SEC Forms: [1]

• Akamai Technologies ($AKAM)

  • Insider: Thomson Leighton (CEO)

    • # of Shares Purchased: 37,670

    • $ Amount: $2,997,933

    • SEC Forms: [1]

Sells

• Waystar Holding Corp ($WAY)

  • Insider: Paul Moskowitz (Director)

    • # of Shares Sold: 5,652,689

    • $ Amount: $218,193,795

    • SEC Forms: [1]

• Tempus AI ($TEM)

  • Insider: Eric Lefkofsky (CEO and Chairman)

    • # of Shares Sold: 3,240,234

    • $ Amount: $190,363,748

    • SEC Forms: [1]

🤝 Review of the Week