The technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
Continue reading
Event: Intel (INTC) reports Q2 results after the close. The options market is implying about 3.5% one day post earnings move which is a tad higher than the 4 quarter average one day post earnings …
Continue reading
Event: Microsoft (MSFT) reports fiscal Q4 results tonight after the close. The options market is implying about a 4.5% one day move, which is well below the 4 qtr average one day move of about 6.6%, and inline …
Continue reading
Back in August if 2011, Marc Andreessen, co-founder and general partner of venture capital firm Andreessen-Horowitz penned a prescient essay in the Wall Street Journal explaining; Why Software Is Eating The World. At the time, skeptics wondered …
Continue reading
On more than one occasion over the last few days since Microsoft’s (MSFT) announcement that they are buying LinkedIn (LNKD) for $26 billion, Dan has offered some skeptical thoughts on the reasoning for such an acquisition (read here). …
Continue reading
I don’t have too many go to sayings about markets and trading. There is one that I hear on the Finance Twitter a lot, Price is Truth. The assumption is that risk assets trade where …
Continue reading
Earlier today I offered some initial thoughts on Microsoft’s (MSFT) $26.2 billion cash bid for LinedkIn (LNKD), ($MSFT gets $LNKD). In a nutshell, my view is this deal is just another attempt, in a long line of failed attempts …
Continue reading
You’ve seen the news that Microsoft (MSFT) is paying $26.2 billion in cash to acquire LinkedIn (LNKD). I am sure MSFT has some pretty good reasons for paying 7x expected sales for LNKD, sales that are expected to grow …
Continue reading
On May 19th, I laid out my near term bearish thesis for shares of MSFT (Clouded by Azure), highlighting investor focus on their public cloud business and valuation: Despite fast growing businesses like Office 365 …
Continue reading
Microsoft (MSFT) has enjoyed a bit of a resurgence from a relevance standpoint since Satya Nadella took the CEO helm after formerly heading the company’s cloud business. The new found focus of Nadella on innovation …
Continue reading