Category: Technology

TEK2day Premium Edition

TEK2day Premium Edition

TEK2day will soon move to a premium model. We are working through the mechanics. Pricing options will be $9.99 per month or $99.00 per year. Our content will remain similar - a combination of Technology-focused articles along with Capital Markets and Economic-related content. More to follow. -Jon

Disney’s New CFO Is an M&A Guy

Disney’s New CFO Is an M&A Guy

Disney (ticker: DIS) CEO Bob Iger will sell the company before he walks away. Iger will not appoint another successor after his 2020 appointment of Bob Chapek as CEO failed. Today, PepsiCo (ticker: PEP) CFO Hugh Johnston was named Disney CFO (read more HERE). View Mr. Johnston's experience HERE. My view is that Disney will … Continue reading Disney’s New CFO Is an M&A Guy

The Fed’s Balance Sheet Reduction (QT) Update

The Fed’s Balance Sheet Reduction (QT) Update

The Fed is likely done hiking its Fed Funds rate. However, the Fed ramped up its QT effort, purging its Balance Sheet of $40 billion of Treasuries this week, the most since it reduced its Treasury holdings by $43 billion the week-ended August 16th 2023. Treasuries: The Fed’s Treasury security holdings declined by $40.0 billion for … Continue reading The Fed’s Balance Sheet Reduction (QT) Update

AI: The Blind Leading The Blind

AI: The Blind Leading The Blind

AI - what a mess. Executives and investors regularly refer to all advanced automation as "AI", regardless of whether the technology in question refers to machine learning, deep learning, neural networks, natural language processing, computer vision / image recognition, voice recognition, generative AI and so on. The good folks at Korn Ferry recently published the … Continue reading AI: The Blind Leading The Blind

A Modest Uptick In October Employee Layoffs. I Expect Layoffs To Spike Higher In January.

A Modest Uptick In October Employee Layoffs. I Expect Layoffs To Spike Higher In January.

Layoffs have ticked up in October as compared to September. I expect a step function up in layoffs in January 2024 as I believe that a number of CEOs, CFOs and Boards have yet to find religion around higher interest rates. We are not going back to a zero percent Fed Funds rate in Q1, … Continue reading A Modest Uptick In October Employee Layoffs. I Expect Layoffs To Spike Higher In January.

We Have Never Liked ZoomInfo (ZI)

We Have Never Liked ZoomInfo (ZI)

We told you that ZoomInfo (ticker: ZI) shares were overvalued in August (HERE) despite the 25% haircut the day we published. Today's 15% haircut gets ZI shares in a more rational valuation space. However, I have always questioned how ZI calculates "organic" revenue growth, particularly when it was regularly rolling in acquisitions. Now that it … Continue reading We Have Never Liked ZoomInfo (ZI)