TEK2day

Operating at the Intersection of Technology and the Capital Markets

    Category: ecommerce

    • Microsoft’s Activision Deal Adds “Strategic Glue” To Its Xbox Platform

      Microsoft closed its Activision acquisition. As we wrote on August 7th – Activision will add strategic glue to MSFT’s Xbox platform by adding hit gaming content such as the Call of Duty franchise.

    • TEK2day: All Things Technology & Capital Markets-Related

      We have folded our CEORater-related content under our TEK2day brand. TEK2day will publish more content to YouTube in the coming weeks. Our YouTube content won’t necessarily be published as a TEK2day podcast. We occasionally publish our content to LinkedIn, but not all of our content. The best way to find our content is here at…

    • Unemployment Will Get Worse Before It Gets Better

      We don’t write frequently about U.S. Labor data because it is junk data. Most Government survey data is in fact garbage. I can’t think of a Government data set that I believe is a quality data set. The Labor data that the BLS publishes lags. It is better to watch what companies are doing. From…

    • Apple’s VisionPro Provides A Defensible Edge In The Content Space

      Amazon, Apple, Disney, Google, Meta, Microsoft and Netflix have an advantage over other content companies given their size. By size I am primarily referring to market cap and size of balance sheet. Apple (AAPL, $2.94 Trillion market cap) and Microsoft (MSFT, $2.43 Trillion market cap) are in a league of their own with their nose…

    • What’s Next For WarnerBros Discovery?

      Reading through WarnerBros Discovery’s (ticker: WBD) financials… it makes lots of sense for WBD CEO David Zaslav to find a strategic partner.

    • META, META You Can Do Better

      META’s Threads traffic has fallen off after a strong start in early July (blue line in the chart below). Zuckerberg needs to focus less on jiu-jitsu and more on META’s product portfolio.

    • Netflix: Where’s The Growth?

      Netflix (ticker: NFLX), needs a growth engine. The table below is a bit of an eye chart, but what it tells you is that in Q2 2023, only Netflix’s LatAm region had solid Average Revenue per Membership growth at 8% adjusted for currency. The U.S. and Canada had only 1% growth, EMEA (1)% and APAC…

    • AI and Equity Dilution During Bubble Times

      Microsoft (ticker: MSFT) added $116 billion to its market cap yesterday as it announced that MSFT 365 users would be required to pay an additional $30 per month to use the AI-enhanced version of its productivity apps – Copilot. We wrote about Copilot back in March (HERE). Yes, AI-enhanced productivity applications by Microsoft and Google…

    • Credit Spreads Will Widen The Longer The Fed Maintains Elevated Rates

      If you plan to run the credit risk exercise that I mentioned at a high level last week (HERE), the exercise is not a simple one. For example, if Company ABC issued a 5-Year note in August 2020 when the 5-Year Treasury was at 0.19% and credit spreads where at “Y”, it would be incorrect…

    • Generative AI Across Activision Post-Deal Close

      Now that Microsoft (ticker: MSFT) has received approval to acquire Activision (ticker: ATVI, better luck next time Lina Khan), I am curious as to what kind of operating leverage Activision may enjoy as Generative AI is deployed more deeply throughout the organization post-deal close. Video game publishers have been using AI for years to render…