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Hudson Labs

Co-Analyst Research

Research Notes & Thematic Analysis

Co-Analyst driven research on thematic trends, public companies and competitive landscapes.

Alphabet's $9.11 EPS Was Almost All Paper. Strip Out the $99B Gain and It's $2.48.
$GOOGL

Alphabet's $9.11 EPS Was Almost All Paper. Strip Out the $99B Gain and It's $2.48.

Alphabet (GOOGL) Q2 2026 earnings surged to $9.11 EPS, mainly from a $99B equity gain. Discover the real numbers and key drivers.

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Amazon Extended Server Life Twice, Then Reversed It. The Reason They Gave Was AI.
$AMZN

Amazon Extended Server Life Twice, Then Reversed It. The Reason They Gave Was AI.

Amazon (AMZN) reduced server useful life to 5 years in 2025, impacting AWS net income by $1.0B due to AI-driven tech changes.

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Apple Won't Break Out the Google Payment. Here's What the Filings Do Say.
$AAPL

Apple Won't Break Out the Google Payment. Here's What the Filings Do Say.

Apple (AAPL) Services revenue hit $30.98B in Q2 2026, with deferred revenue rising and regulatory risks tied to Google payments.

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A Dozen CFOs and Chief Accounting Officers Left Last Quarter. Not One Disclosed a Disagreement.

A Dozen CFOs and Chief Accounting Officers Left Last Quarter. Not One Disclosed a Disagreement.

Twelve CFOs and CAOs, including at TXN and MRVL, left in 2026 with no reported accounting disagreements. See full details and company list.

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Revenue Up 14.7%, Receivables Up 17.6%. A Screen for Cash That Hasn't Shown Up Yet.

Revenue Up 14.7%, Receivables Up 17.6%. A Screen for Cash That Hasn't Shown Up Yet.

Fastenal's Q2 2026 revenue grew 14.7% but receivables outpaced at 17.6%, highlighting a cash conversion gap. Full FAST financial analysis inside.

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Meta's Server Useful Life Went 4 to 5 to 5.5 Years. The Last Extension Was Worth $1.00 a Share.
$META

Meta's Server Useful Life Went 4 to 5 to 5.5 Years. The Last Extension Was Worth $1.00 a Share.

Meta Platforms (META) extended server useful life to 5.5 years in 2025, cutting depreciation by $2.92B and raising net income by $2.59B.

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Microsoft Extended Server Useful Life From 4 to 6 Years. Here's What It Did to Margins.
$MSFT

Microsoft Extended Server Useful Life From 4 to 6 Years. Here's What It Did to Margins.

Microsoft (MSFT) extended server useful life to 6 years, raising gross margin by 2 points in FY2024. Learn how this change affects MSFT's financials.

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Oracle Has $260B of Data Center Leases Off Its Balance Sheet. It Is Not Alone.

Oracle Has $260B of Data Center Leases Off Its Balance Sheet. It Is Not Alone.

Oracle (ORCL) has $260B in off-balance sheet data center lease commitments in 2026, far surpassing Meta, Alphabet, and Broadcom.

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Everyone Is Stretching Server Useful Life. Amazon Just Went the Other Way.

Everyone Is Stretching Server Useful Life. Amazon Just Went the Other Way.

Amazon (AMZN) shortened server useful life to 5 years, increasing 2025 depreciation by $1.4B. Meta (META) and others extended asset lives.

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