gimme

That’s going to pressure profit margins, and cash flows as well, into the coming year, although Gimme Credit analyst Dave Novosel notes that the group’s overall leverage remains low and its 2026 share buybacks shouldn’t be affected.

Dave Novosel, senior analyst at Gimme Credit, thinks the use of SPVs is likely more a reflection of the market having to cope with a big increase in new debt than concern over the health of big-tech balance sheets.

“The new initiatives eliminate key points of differentiation from competitors and risk alienating a segment of the traditional customer base,” Gimme Credit analyst Jay Cushing wrote in a note earlier this month.

“Gimme human beings—heart, soul,” he says.

William Lindsay Gresham alternates passages of hallucinatory prose with sharp dialogue and eerie images: “Darkness of street darkness with the night’s eyes up above the roof cornices oh Jesus he was bleeding suitable for a full evening’s performance gimme a rye and plain water, yeah, a rye make it a double.”