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    Michael Ing

    Wall Street Analyst at Goldman Sachs

    Mike Ng is a Wall Street Analyst at Goldman Sachs specializing in equity research and covering a diverse portfolio of 66 stocks across general sectors, including major companies such as Apple (AAPL), Nvidia (NVDA), Tesla (TSLA), Amazon (AMZN), and Alibaba (BABA). With a measurable track record, he maintains a 58.68% success rate on 242 ratings and delivers an average return of 12.8% per recommendation, ranking #729 out of nearly 10,000 Wall Street analysts and achieving especially notable results like a 318.9% return on Blend Labs, Inc. (BLND). Ng has been publishing research and investment strategies at Goldman Sachs since 2019, consistently providing actionable insights for institutional and retail investors. His professional credentials and regulatory registrations are not publicly listed, but his performance metrics and stock recommendations are widely tracked on independent platforms.

    Michael Ing's questions to Fox (FOXA) leadership

    Michael Ing's questions to Fox (FOXA) leadership • Q4 2024

    Question

    Michael Ing asked about the drivers behind Tubi's strong mid-teens revenue growth despite heightened competition, and requested an update on the level of digital investment losses in fiscal 2024 and the outlook for fiscal 2025.

    Answer

    Executive Chair and CEO Lachlan Murdoch attributed Tubi's momentum to its brand strength, reach, and ability to maintain pricing even as new competitors increased ad supply. CFO Steve Tomsic specified that Tubi's investment was in the mid-$200 million range in FY24, consistent with FY23. For FY25, he expects slightly less investment at Tubi, which will contribute to improved EBITDA for the overall digital portfolio.

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