NOS Q2 2026 slides: AI drives margins as revenue holds flat

Quick Read META's 10% year-to-date selloff has created a rare entry into a 22x-P/E compounder generating $43 billion in annual free cash flow. Alphabet's cheaper 17x P/E masks near-zero revenue growth last quarter versus Meta's 33%, while Snap operates at a negative operating mar

As we reach the mid-point of the year, we need to face the unpleasant history of mid-term election years as the worst year of the four in a four-year investment cycle. Here's the good news: The flip side of such a dismal historical track record is the 6-12 months following each m