DG Invests

$ZETA GLOBAL Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $492.7M (Est. $474M) 🟢; +46% YoY 🔹 GAAP EPS: $0.14 🔹 Adj. EBITDA: $121.0M (Est. $116M) 🟢; +140 bps margin YoY 🔹 FCF: $81.5M (Est. $68.3M) 🟢; +73% YoY Customers & Assets: 🔹 Super-Scaled Customers: 212; +18% YoY 🔹 Super-Scaled ARPU: $2.0M; +22% YoY Raises FY26 Guide: 🔹 Revenue: $1.853B-$1.857B (Est. $1.82B) 🟢; from $1.8B 🔹 Adj. EBITDA: $414.1M-$415.2M (Est. $406M) 🟢; from $405.2M 🔹 FCF: $270.6M-$271.6M (Est. $253M) 🟢; from $255.3M 🔹 GAAP EPS: $0.22-$0.24; from $0.09-$0.11 Raises Q4 Guide: 🔹 Revenue: $521M-$525M (Est. $505M) 🟢; from $508M 🔹 Adj. EBITDA: $135.2M-$136.3M (Est. $132M) 🟢; from $131.9M Key Updates: 🔹 Positive GAAP Net Income: $38M; GAAP EPS $0.14 🔹 Rule of 71: achieved through 46% revenue growth and 24.6% adjusted EBITDA margin Comments: 🔸 “Our performance and strong pipeline give us the confidence to raise our full-year outlook across revenue, adjusted EBITDA, free cash flow, and GAAP EPS.” 🔸 “With AthenaOS and our expanding partnership ecosystem, we are extending our proprietary data and native AI into a broader enterprise intelligence opportunity.”

$ZETA WILL BE A $35+ STOCK BY TUESDAY. THE DISRUPTER, NOT THE DISRUPTEE. BOOKMARK IT. 🔖

$MELI CEO: MercadoLibre is refusing to provide inventory to external AI agents, betting on its own shopping experience. "But for now, we have decided not to provide our inventory to any external platform. Our priority is still to build the best agentic experience inside MercadoLibre, taking advantage of the 27 years of first-party data that we have, our unique combination of selection, pricing, logistics, financing, loyalty and so on."

Markets love gridlock, hate endless surprises.... So a rally... but be careful with the Nebius/IRENs of the world.

THIS. IS. NOT. A. DRILL. 🚨 I’m spending < $40k a year on tokens/subscriptions from Anthropic, Loveable, Grok Bot, 11labs and a long tail of other products—and getting $2m+ in value @launch and @twistartups We’ve automated at least seven full-time jobs at this point while becoming 100% faster at the average task we do If you haven’t used the last 90 days' worth of products for at least 30 hours a week you have no idea how profound this software is The last 90 days, things have changed more than in the last two years Many of the things i spent hours on last year now take minutes… and the results are mind blowing

🚨 NEW: John Healey is set to announce the following in his Budget later - The gas standing charge will be scrapped to save £27 a year on a typical bill - Green levies on energy bills will be scraped "for good" - NHS prescription charges will be frozen at £9.90 for another year - Poorer households on benefits will receive extra help with energy bills before January's sharp rises - The VAT cut on electricity bills, which was due to expire in April, will be extended (though it's not clear if this will be announced in the Budget or separately) - The Government will remove the link between gas and electricity prices, which currently inflates household bills, "in the long term" - Banks will face higher taxes, with the surcharge on their profits potentially rising from 3% to 8%, making it the Budget’s biggest revenue raiser - HMRC will be given powers to seize money from the bank accounts of people who fail to pay their tax - The freeze on rail fares will reportedly not be extended beyond April - Online retailers like Amazon, eBay and Temu will be made responsible for collecting unpaid VAT from sellers to fund a cut in business rates for high street shops - The thresholds for income tax will be frozen again so another half a million people may be dragged into the higher rate - January's planned increase in fuel duty will be cancelled - Pensioners relying solely on the state pension will see their tax-free allowance rise to £13,036, in line with the pension increase, so they don't pay income tax - Billions in long-term borrowing to invest in defence firms and raise the share of GDP spent on defence (without breaking fiscal rules, as the investments are expected to generate returns) - The upcoming "Your First Home" scheme will be made more generous to provide greater support for middle-income earners - The Budget will also assume the Rosebank oil field is approved, which will generate "significant tax revenues"

SK HYNIX $SKHY Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $78.9B (Est. $74.8B) 🟢; +328% YoY 🔹 Oper Profit: $62.8B (Est. $58.5B) 🟢; +632% YoY 🔹 Oper Margin: 80%; +3,300 bps YoY; record high 🔹 QoQ: Revenue +32% / Oper Profit +38% Q4 Guide: 🔹 DRAM Bit Growth: Mid-20% QoQ 🔹 NAND Bit Growth: Mid-single% QoQ incl. Solidigm Q3 Pricing & Volume: 🔹 DRAM ASP: High-20% QoQ; bits ~+10% QoQ 🔹 NAND ASP: Mid-20% QoQ; bits slightly lower QoQ Profitability: 🔹 Gross Margin: 85.7% (Est. 85.2%) 🟢 🔹 EBITDA: $66.1B; 84% margin; +486% YoY 🔹 EPS: $41.07; +205% YoY Financials: 🔹 Cash: $86.3B; +311% YoY 🔹 Interest-Bearing Debt: $11.9B; -34% YoY 🔹 Net Debt-to-Equity: -32%; -2,800 bps YoY 🔹 Operating Cash Flow: $41.3B; +281% YoY 🔹 Total Assets: $295.5B 2027 Market Outlook: 🔹 DRAM Demand Bit Growth: +mid-20% YoY 🔹 NAND Demand Bit Growth: +high-teens% YoY 🔹 2027 CapEx: To rise significantly vs 2026 🔸 Memory demand expected to outpace supply through 2030 Product & Technology: 🔹 HBM4: Expected to surpass HBM3E in HBM shipment and revenue share in Q4 🔹 2027 HBM: Negotiations finalized; profitability gap with conventional DRAM expected to narrow meaningfully 🔹 M15X: Ramp-up accelerating to full capacity by end-2026 🔹 321L NAND: Over 50% of domestic capacity in Q4 Business Highlights: 🔹 LTAs: Signed with 14 key customers incl. major global CSPs; standard 5-year term; over 50% of 2027-2028 capacity secured 🔹 Q3 Dividend: ~₩20,000/share (~$15.08), incl. a ₩10,000 special dividend from realized Kioxia gains 🔹 Share Acquisition: ₩20T (~$15.1B) for the quarter, incl. ~₩10T for executive & employee compensation 🔸 Quarterly revenue topped ₩100T for the first time Note: 🔹 Net Profit: $30.0B; +216% YoY 🔸 Includes a $24.6B non-operating loss: a $17.3B investment-asset loss and an $8.8B FX loss as the won strengthened FX used for USD conversion: $1 = ₩1,326 (mid-market; Oct 27, 2026)

Do not fear the end. Dune: Part Three only in theaters and IMAX December 18. Tickets on sale now around the world. fandan.co/DunePartThree #DuneMovie #FilmedForIMAX

🚨 NEW: Andy Burnham and John Healey are set to force the approval of Rosebank despite the Energy Secretary's reluctance Minister: "Both Andy and John have decided Rosebank needs to go ahead. The economic and energy security case is so strong" [@DPJHodges]