How I’m thinking about Carrier ( $CARR ) right now — separating signal from noise When I look at $CARR, I remind myself that two very different businesses are creating two very different kinds of “errors” in the numbers. If I don’t separate them, it’s easy to draw the wrong

Bullish on Transports. All eyes on $FDX this Thursday—it's the key earnings print to watch this week. 📦📈 #Stocks #Investing"

AI is turning Software from a "Tool" into a "Colleague." Reading through recent industry notes, the shift is clear: 🔍Coding costs are going to zero. (Bad for dev shops). 🔍Data silos are breaking. (Good for integrated platforms). 🔍Legacy data is the new oil. (Bullish for

$U Unity’s Vector model impact may not fully show up in earnings until Q4 ’25 — that report, and the 2026 guidance, will be key. In the next 1–2 quarters, price action will likely be sentiment-driven: multiple expansion, management commentary, and 3rd-party channel checks could

Deep diving into $APP vs $U today, and here’s what I’ve uncovered. What they have in common: – Ad network + exchange + mediation (in-app bidding ready) – Serve a ton of mobile game studios – Reporting + auto-optimization baked in $APP = buy-side muscle 💪 – Own DSP

OpenAI’s open-source drop is a structural win for $AMZN. AWS’s moat has been enterprise infra—not foundation models. With this shift, enterprises can now own the last mile of inference without needing Nvidia-scale training infra. Decentralized fine-tuning + centralized hosting

📌 I'm breaking down 100 failed business cases in the next 12 months—from product flops to model breakdowns. If you're into deep dives, business logic, and investor-grade takeaways— Follow me @SpanInvest. This is just #01.

Deep-Dive Thinking: Hoover didn’t run a promo. They sold a fantasy—then paid the price. £600+ flight value for a £119 vacuum? That’s not marketing. That’s burning cash to buy revenue. Customers got a no-risk call option. Hoover? Wrote uncovered calls with zero hedge. (And

4. The Fallout Hoover UK: -Lost over £50 million -Was forced to sell to a competitor -Became a case study in marketing gone wrong The campaign was so disastrous it’s still taught in business schools today.

3. The Collapse Hoover had no backend logistics to handle the flood. People didn’t get their tickets Some showed up at airports and were turned away Complaints turned into lawsuits

2. The Assumption Hoover bet most people wouldn’t redeem the flights. But customers were smarter. They bought the cheapest qualifying product—then rushed to claim tickets worth 3x the price.

1. The Offer Buy any Hoover product worth £100+, get two round-trip plane tickets to Europe. Sales soared. But Hoover wanted more. So they raised the stakes: → Flights to the U.S. included.

🧵 Business Blunder #01： How Free Flights Killed Hoover UK In 1992, Hoover UK ran a marketing campaign that looked brilliant on paper. Buy a vacuum cleaner over £100, get 2 FREE flights. What could go wrong? Everything.👇

📈 How should we interpret $AMZN AWS’s potential for reacceleration? Despite strong topline growth, concerns remain about its AI positioning vs. rivals like Microsoft and Google. Let’s break it down 👇 🔌 AWS's share of total GPU allocation still lags behind peers when measured

🧠 $FIG FINAL THOUGHTS I’m not saying Figma $FIG will 100x. But I am saying it’s one of the rare few trying to reshape how the internet gets built. Design → Build → Deploy All in one place. And that’s a bet worth watching.

💸 $FIG VALUATION: TOO HIGH OR TOO EARLY? Sure, 20x sales sounds aggressive. But Adobe and Microsoft IPO’d at 20x earnings—and still 100x’d. Valuations are voting machines in the short term, weighing machines long term. If Figma owns the product stack, this isn’t overvalued.

⚙️ $FIG MAKE = THE REAL PLAY “Figma Make” isn’t just a feature. It’s a paradigm shift. If they can: -Auto-generate components -Integrate with frontend code -Turn design into deployable output... Figma could become the VS Code for product teams.

🧩 $FIG STILL EARLY IN ITS PRODUCT SUITE Figma today = Microsoft with only Excel. The rest of the suite hasn’t arrived yet. Imagine what happens when it captures: → Developers → Front-end workflows → SMB creators This isn’t just a UI tool. It’s a workflow entry point.

📈 $FIG WORLD-CLASS RETENTION <5% annual churn. That’s world-class in SaaS. Comparable only to Microsoft Office or Adobe Creative Cloud. This isn’t a “nice tool”—it’s mission-critical. Retention like this means users don’t just try it. They build around it.

🔍 WHY $FIG WON Figma didn’t just surf a trend. It beat competitors on execution: • Sketch: Mac-only, no collab • Adobe XD: weighed down by legacy • Others: bloated, late, or complex Figma hit the sweet spot: web-native, real-time, and free to start.