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Magic Markets Ep156: Oracle and Adobe

2023-12-20T18:02:16+02:00

In the final Magic Markets episode for 2023, hosts Mohammed Nalla and The Finance Ghost covered two global technology companies that sit adjacent to some of the more talked about names. Moe covered Oracle, giving an overview of the business and also looked at Oracle’s latest financial performance and the disappointing guidance given to the market. This leads into a discussion on why the share price has underperformed tech peers. Ghost covered Adobe, starting with the exceptional share price volatility and also covers the desire for acquisitions as well as the recently failed deal with Figma.

Magic Markets Ep156: Oracle and Adobe2023-12-20T18:02:16+02:00

Salesforce: Can It Pick Up The Slack?

2023-06-08T09:05:48+02:00

The only thing that is green about Aston Martin is the colour on the Formula One cars that are giving the brand a major boost at the moment. Share price action this year has been highly speculative, with tough financial results and a balance sheet that looks set to need more equity capital.

Salesforce: Can It Pick Up The Slack?2023-06-08T09:05:48+02:00

Spotify: Streaming on the Bleeding Edge

2023-03-22T21:27:46+02:00

Spotify has 500 million monthly active users, yet the business model economics are far from proven. It doesn't help to grow users without any regard for profitability, or all that is happening is that the losses are getting bigger! In our research, we delve into both the strategic drivers and the key trends in ARPU and gross margin to arrive at our conclusion. Spoiler alert: we are bearish.

Spotify: Streaming on the Bleeding Edge2023-03-22T21:27:46+02:00

CrowdStrike: Hunting the Hackers

2023-03-16T00:22:48+02:00

Use the podcast player below to listen to our discussion on CrowdStrike and its Q4'23 result, which accompanies the detailed write-up below: (Date of report: 16 March 2023) Stop breaches. Drive business. That’s the tagline when you Google CrowdStrike, making it quite clear that the falcon in the logo is looking for cyberattacks and doing so with enthusiasm. Every year, CrowdStrike releases a Global Threat Report with all kinds of illustrated “adversaries” and villains, effectively gamifying the world of cybersecurity. Like any security company, CrowdStrike sells fear. They sell protection from those adversaries. With the company losing a third of its [...]

CrowdStrike: Hunting the Hackers2023-03-16T00:22:48+02:00

Microsoft: A Platform Shift

2023-02-01T23:37:08+02:00

Use the podcast player below to listen to our discussion on Microsoft and its Q2'23 result, which accompanies the detailed write-up below: (Date of report: 2 February 2023) From cloud to AI – the narrative at Microsoft has shifted, proving once again that the company sits at the forefront of global technology trends. When CEO Satya Nadella speaks, the market listens. As we revisit Microsoft after more than a year, the growth story has slowed and there are challenges in the business. The share price has cooled off significantly in line with the broader market. For patient capital, is this an [...]

Microsoft: A Platform Shift2023-02-01T23:37:08+02:00

Electronic Arts: Big Gaming

2022-06-29T17:09:26+02:00

Use the podcast player below to listen to our discussion on Electronic Arts and its Q4’22 result, which accompanies the detailed write-up below: (Date of report: 29 June 2022) We like gaming as an investment theme. This attractive and growing industry appeals to the digital native generations who can only become more important consumers as time goes on. With trends like increased smartphone penetration and improved access to broadband internet, the growth drivers for this industry are clear. Not all gaming companies are created equal, of course. With Activision Blizzard under offer from Microsoft, we decided to cover Electronic Arts as a major [...]

Electronic Arts: Big Gaming2022-06-29T17:09:26+02:00

Adobe: The Art of Tech

2022-06-23T00:45:30+02:00

Use the podcast player below to listen to our discussion on Adobe and its Q2’22 result, which accompanies the detailed write-up below: (Date of report: 22 June 2022) If you’ve ever hired a graphic designer or worked with a professional marketing team to design and run a campaign, we can almost guarantee that you’ve been an indirect customer of the Adobe ecosystem. Adobe is a business that evolved from making free cash flow of around $2bn in 2013 to generating nearly $14.5 billion in 2021. A shift to a subscription model was a huge driver of this, with Adobe exhibiting a [...]

Adobe: The Art of Tech2022-06-23T00:45:30+02:00

Karooooo: Broken wings

2022-06-08T23:06:38+02:00

Use the podcast player below to listen to our discussion on Karooooo and its Q4’22 result, which accompanies the detailed write-up below: (Date of report: 8 June 2022) At the request of our subscribers, Karooooo is the first JSE-listed company we have covered in Magic Markets Premium. The group is also listed on the Nasdaq and has a global growth strategy, so we believe that it fits the Magic Markets Premium promise of covering globally relevant stocks. With an entrepreneurial approach that has been highly successful in South Africa with the Cartrack business, Karooooo believes that its technology can address customer [...]

Karooooo: Broken wings2022-06-08T23:06:38+02:00

PREMIUM: Intuit – is there enough blue sky?

2022-06-21T19:24:59+02:00

Use the podcast player below to listen to our discussion on Intuit and its Q1’22 result, which accompanies the detailed write-up below: (Date of report: 24 November 2021) Offering accounting and tax software isn't the sexiest business model in the world. Intuit certainly isn't Monster, both of which are household names that offer exciting products. Yet, when the till rings every month as yet another small business pays a monthly recurring fee to Intuit, the shareholders don't care about how exciting (or not) the model is. The share price is up more than 80% in 2021 at the date of this [...]

PREMIUM: Intuit – is there enough blue sky?2022-06-21T19:24:59+02:00
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