Analyzing AMZN Q124 with Daloopa 

Cerebras, backed by prominent VCs and gearing up for an IPO, faces scrutiny over alarming customer concentration, with 95% of hardware sales attributed to one client, G42. The deal, led by Citigroup instead of traditional banking giants, raises concerns due to the CEO's past involvement in accounting fraud and potential conflicts related to G42's incentive structure. As investors seek alternatives to Nvidia in the GenAI landscape, Cerebras' wafer-scale integration technology presents both opportunities and red flags.

Tesla now leads S&P 500 stock options trading with 17%, driven by Q3 deliveries on Oct 2nd and the Robotaxi event on Oct 10th.

The ASC 606 standard, "Revenue from Contracts with Customers," transforms the way companies recognize revenue by focusing on satisfying performance obligations (POs). RPOs (Remaining Performance Obligations) and cRPOs (Current RPOs) are key to forecasting growth, particularly in large multi-year contracts with enterprise clients. These metrics do not appear in financial statements but are critical to understanding future revenue. In examples like Oracle, which has seen RPO growth from $65B to $98B, and ServiceNow, benefiting from GenAI-driven demand, these figures illustrate substantial forward revenue and long-term deal trends. Modeling these numbers can help predict future financial performance.