Walmart E-Commerce Continues To Scale. A Spin-Off Could Unlock Shareholder Value.

Walmart E-Commerce Continues To Scale. A Spin-Off Could Unlock Shareholder Value.

Walmart's (tkr: WMT), E-Commerce offerings continued to scale with revenues of $17.1 billion in Q4 and $60.3 billion for the year. E-Commerce accounted for approximately 11% of Walmart's total Net Sales for the year ended January 31st. WMT E-Commerce is larger than many e-commerce companies from a revenue standpoint including PayPal, Shopify, Square and Wayfair … Continue reading Walmart E-Commerce Continues To Scale. A Spin-Off Could Unlock Shareholder Value.

The U.S. Lags China In Key Fintech Areas

The U.S. Lags China In Key Fintech Areas

Blockchain and a central bank digital currency are two key Fintech areas where the U.S. lags China. Last week we wrote that Distributed Ledger Technologies ("DLT") such as Blockchain are a ripe opportunity for a Public-Private Partnership should the Biden Administration move forward with an infrastructure investment plan later this year or early 2022. Some … Continue reading The U.S. Lags China In Key Fintech Areas

Brace for Anemic Long-Term Real GDP Growth

Brace for Anemic Long-Term Real GDP Growth

The three-headed Hydra of low labor participation, increased debt levels and higher taxes will cripple U.S. long-term Real GDP growth for decades. Labor participation is not going back to December 2019 levels. To believe that scenario is wishful thinking. For starters, 25% of restaurants and bars are permanently closed. Those jobs are not returning. Second, … Continue reading Brace for Anemic Long-Term Real GDP Growth

The Fed’s Next Move Is To Ramp QE, Not Raise Rates.

The Fed’s Next Move Is To Ramp QE, Not Raise Rates.

We have said it on our TEK2day Podcast and in conversations with some of you that the Fed's next move is to accelerate its QE effort to control long bond yields. This may occur as soon as this month. An interest rate hike is not coming this year in our view. There is far too … Continue reading The Fed’s Next Move Is To Ramp QE, Not Raise Rates.

Big Tech’s Hunger For Talent

Big Tech’s Hunger For Talent

Alphabet, Amazon, Apple, Facebook and Microsoft each grew headcount in 2020 with all but Alphabet accelerating headcount growth. Big Tech has a hunger for software engineers, architects, designers and data scientists. These skilled employees are working to scale sophisticated cloud platforms, applications and services that increasingly leverage advanced automation and analytics powered by artificial intelligence/ … Continue reading Big Tech’s Hunger For Talent

A Tidal Wave of Personal Data Theft & Fraud Is Coming This Year

A Tidal Wave of Personal Data Theft & Fraud Is Coming This Year

With the Biden's Administration's forthcoming $1.9 Trillion in transfer payments will come a tidal wave of personal data theft & fraud. We experienced this once already with the Trump transfer payments of 2020. A Public-Private Partnership ("PPP"), that invests in Technology infrastructure across key industries would do much to mitigate these risks while bolstering the … Continue reading A Tidal Wave of Personal Data Theft & Fraud Is Coming This Year

We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

The Committee on Banking, Housing and Urban Affairs is holding its confirmation hearing for Gary Gensler as SEC Chairman (link HERE). Gensler will need to demonstrate that he will be tough on individuals and companies that violate capital market integrity. We are confident that Mr. Gensler understands the relevant questions to ask (even if Senator … Continue reading We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

A LinkedIn Spin-Off Could Unlock Significant Value For Microsoft

A LinkedIn Spin-Off Could Unlock Significant Value For Microsoft

Microsoft's (tkr: MSFT), LinkedIn business unit specializes in entity data and related content similar to ZoomInfo (tkr: ZI). Given ZoomInfo's inflated valuation, Microsoft would likely unlock significant shareholder value were it to spin-off LinkedIn as a separately-traded business. A 20x multiple (par for the course in today's richly-valued Software market and a haircut to ZI's … Continue reading A LinkedIn Spin-Off Could Unlock Significant Value For Microsoft