Nebius reported yesterday. Another strong quarter with a 20% beat on ending ARR and company wide positive EBITDA. The stock price has oscillated between a small gain and a small loss before showing some relative strength this morning. Some selling has been the result of the headline miss on revenue. These have been disagreeable times…
AppLovin and Unity aren’t really software companies although certainly Unity Create business is based on that company’s game creation software offering. They both reported on Wednesday. That market hated Unity’s forecast and drove the shares down by about 26%; this after a 25% drawdown when Google announced Genie. Unity shares are now down by 52%…
The US non-farm payroll report issued this morning is a shock-of the positive kind. While it goes against all of the other employment reports, it was much, much better than expected in all reported metrics. A very pro-growth report. Unity reported very strong Q4 results, substantially better than expectations but seemingly in an excess of conservatism,…
It was a poor way to start the week for holders of Pagaya and Monday shares. I was pleasantly surprised that overall, the high growth portfolio appreciated a bit more than 1% on Monday-but that in no way took any of the sting from the 21% drawdown of Monday shares and the 24% depreciation of…
JHVEPhoto/iStock Editorial via Getty Images Netskope-A significant market share gainer at the frontier of cyber security The great sector rotation has unearthed some unlikely valuations. It is as though some reverse tsunami had left a sea bed with artifacts of a past civilization. One of those artifacts appears to be the shares of Netskope (NTSK).…
The market has a moderate buy the dip mentality today. I don’t suggest I have any strong opinion as to whether this will continue. Rationally, it should. The ISM report today was better than expected. There is an Indian trade deal which should be positive for IT demand. But there has been loads of technical…
Thursday was just an awful day for investors in the enterprise software space and Friday hasn’t been much better. Our Ticker Target High Growth portfolio fell by almost 5% and is down by more than 4% today.. Not terribly surprisingly, the IGV ETF-extended tech software fell by a similar percentage while the WCLD ETF fell…
We made a change in the Income/Stability portfolio. Shares of Meta spiked in the wake of a particularly strong quarter. The shares rose by 10% on a simply horrible day for enterprise software stocks and almost anything related to software. That took the shares to a relatively strong valuation-of course that depends on whether last quarter’s growth…
Monty Rakusen/DigitalVision via Getty Images A very contrarian call to buy the shares! Figma (FIG) launched its IPO at the end of July 2025. The company raised $1.2 billion at a valuation of $33/share and the shares immediately sky rocketed to $125. At that price, the shares had essentially become decoupled to any kind of rational valuation…
We added 40 additional shares of AppLovin to the high growth portfolio this morning at a price of $537.01. That is all the shares we were able to buy at that price. The cost of the purchase was $21,390. This brings the margin balance to $787,627. This brings our APP holding to 140 shares with…