Mateus Guarda

We’re seeing AI fundamentally change how people work across every industry. At Cloudflare, we are committed to helping companies build world class AI-driven experiences for their employees and customers. Welcome to #AIWeek! cfl.re/47GOD9G

🚨 New buy this week: $OSCR. Position initiated on Monday at $13.80 per share. 💵 I believe there is now asymmetric upside. Here is why: 👇 1) ~$12bn run-rate premium as of 1Q-25, growing 43% YoY. For ~$2bn of EV. So ~0.15x EV / Earned Premium. The company is now getting to scale and still growing fast: insurance is a game of scale. You need it to amortise your SG&A expense ratio (which includes some fixed costs). Oscar is now doing this nicely ✅ 2) Mark Bertolini (@mtbert), took over as CEO in April 2023, building on the awesome work of @mariots. 🥇 Mark is a legend in health insurance - he led @Aetna from 2010 to 2018 (its acquisition by CVS, a deal he personally oversaw) 🤝 The share price increased ~7x under his tenure at Aetna. Mark is 69yo, and I don't think he came here if he did not think the opportunity was not similar or greater in size. 📈 3) The medical loss ratios are getting under control at 81.7% in FY24. Management guided to flat / further improvements in FY25 (80.7-81.7%). 💳 This is now best in class for the industry, and opens to door to profitability. It makes managements 5% operating income target potentially realistic. I believe there is a path to see Oscar at $15-20bn of premium in 2027 or 2028E. And on 5% operating margin - that is $750m-$1.0 of operating income (currently on <$4bn market cap...). So what are the risks? Well insurance is a thin margin business, and another risk is regulatory - ACA marketplace subsidies are definitely under scrutiny, which could slow down growth. But there is clear asymmetric potential now - and it's just too good to ignore. I'll keep you all posted! 💹 Not financial advice - do your own research. #Insurtech #HealthTech #Investing #HealthInsurance #OscarHealth #GrowthStocks #StockMarket #EquityResearch #LongTermInvesting #DeepValue #InvestingTips #PublicMarkets #Nasdaq #MarketLiquidity #PersonalFinance #TechEcosystem $UNH $HIMS

Veo 3 dropped about 100 hours ago, and it's been on 🔥🔥🔥 ever since Now, we’re excited to announce: + 71 new countries have access + Pro subscribers get a trial pack of Veo 3 on the web (mobile soon) + Ultra subscribers get the highest # of Veo 3 gens w/ refreshes How to try it… ➡️ Gemini (gemini.google): * Great for everyone - click the Video chip in the prompt bar, and just describe your video * Pro subscribers now get a 10-pack so you can try it * Ultra: MAX limits, daily refresh! ➡️ Flow (flow.google): * Great for AI filmmakers * Pro: 10 gens/month * Ultra: Now 125 gens/month (up from 83)!