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Thankfully, next week will slow down from last week’s epic pace so that we can perhaps catch our breath. Nevertheless, there are a couple of earnings reports that I’ll be focusing on: Uber (UBER) and PayPal (PYPL). These are both interesting companies and important ones in the secular trend toward a digital economy.

Let’s start with UBER, which reports on Wednesday morning. After UBER’s last quarter, I was so impressed that I actually bought a small position. However, the stock has continued to run up during this incredible rally we’ve seen kick-start 2023, and I no longer have a position.

Still, I’m impressed with what UBER is doing. Last quarter they guided Q4'22 Gross Bookings to +23%-+27% in constant currency to $30-$31 billion and Adjusted EBITDA of $600-$630. As I wrote last quarter, I can now see a path to profitability for UBER and I think the company will be a long-term winner. I’m interested to see if UBER can meet its lofty guidance, and I will be keeping an eye on the stock's reaction.

Next, I’m interested in PYPL’s report on Thursday afternoon. PYPL has been annihilated during the bear market, but its fundamentals give me no reason not to believe that it will be an important player in the digital economy for a long, long time.

As a growth stock, the most important metric for PYPL is the amount of business transacted through its various platforms (PayPal, Venmo, etc.) or Total Payment Volume (TPV). PYPL stock also ran up in this rally to start the year so I don’t want to be long going into earnings, but I’ll be paying attention to the results and the reaction.

In conclusion, both UBER and PYPL are long term winners, in my opinion, and stocks that I want to own -- but maybe not just yet.

#earnings for the week https://t.co/lObOE0dgsr $ENPH $PYPL $ON $UBER $DIS $TSN $RCL $CVS $PINS $BP $ATVI $CMI $PEP $ABBV $CMG $TTWO $NBIX $CNA $IDXX $AMG $NET $ENR $CG $FTNT $RTCO $HTZ $AFRM $ALCO $TKR $CGC $APPS $HOOD $WEN $AGCO $CNC $NSSC $LYFT $SWKS $D $ZI $J $SAVE $YUM pic.twitter.com/Wt5wz7vyZf

— Earnings Whispers (@eWhispers) February 4, 2023

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