To The Moon

$Adobe(ADBE)$ is scheduled to report its fiscal Q1 2026 results on Thursday, March 12, 2026, after the market close. The stock currently finds itself in a "show-me" period. Despite record FY2025 revenue, the share price has been under pressure due to fears that generative AI (like OpenAI’s Sora or Midjourney) might commoditize creative software. This earnings call is a high-stakes moment for Adobe to prove its AI monetization is scaling. Key Estimates & Guidance Revenue Consensus: $6.28 billion (Targeting ~10% YoY growth). Earnings Per Share (EPS): $5.88 (Non-GAAP). Management Q1 Guidance: Revenue of $6.25B–$6.30B; EPS of $5.85–$5.90. The Fiscal Q4 2025 earnings report (released December 10, 2025) was a classic "beat and drop" scenario for Ado

$UiPath(PATH)$ is scheduled to report its fiscal fourth-quarter 2026 results on Wednesday, March 11, 2026, after the market closes. The company is currently in a transitional phase, moving from traditional Robotic Process Automation (RPA) toward "agentic" AI-driven automation. Earnings Expectations (Q4 FY2026) Wall Street expectations have remained relatively stable leading up to the report: Revenue: Consensus estimate is $464.86 million, representing approximately 9.7% year-over-year growth. Non-GAAP EPS: Analysts are projecting $0.25, a slight decline from the $0.26 reported in the same quarter last year. Prior Performance: UiPath has a history of beating both revenue and EPS estimates. In Q3 2026, they delivered a revenue beat of nearly 5% and

CRWV faces continued correction risks but also shows potential stabilization at current levels. CRWV Is showing technical weakness, having declined 31% from its 52-week high. It also has ongoing profitability challenges, with forward P/E of -35.67. Despite the correction, CRWV trades at 8.07x Price-to-Sales, which remains elevated for a company with negative earnings in a competitive AI infrastructure market. However, CRWV has several Strategic Partnerships, e.g. it's recent Perplexity deal. NVIDIA's additional $2B investment signals industry confidence in CoreWeave's AI infrastructure positioning. The stock found technical support around $73-75 range. The 52-week low of $33.52 provides substantial downside protection from current levels. finally as a specialized AI cloud provider, CR

High Debt & Cash Burn: CoreWeave has accumulated massive debt, with total debt reaching over $21 billion by the end of 2025, and is seeking more to fund its expansion.

$Okta Inc.(OKTA)$ is scheduled to release its fiscal Q4 2026 (ending January 31, 2026) financial results on Wednesday, March 4, 2026, after the market close. The stock enters this earnings cycle under significant pressure, having dropped roughly 12% to 15% in the month leading up to the report. This suggests that while expectations are high for a "beat," the market is deeply concerned about AI disruption and growth deceleration. Q4 2026 Estimates & Guidance The following consensus estimates are the "lines in the sand" for the upcoming report: Okta reported its fiscal Q3 2026 results on December 2, 2025. While the company delivered a "beat and raise" on paper, the market's reaction was cautious, highlighting a growing tug-of-war between Okta's

$CoreWeave, Inc.(CRWV)$ : The 18% Crash & The End of the "AI Growth At Any Cost" Hall Pass CoreWeave just printed 110% YoY revenue growth ($1.57B) and announced a $14.2B Meta contract. The stock responded by violently crashing 18.5% at the open. Why? Because the market has officially stopped trading absolute top-line numbers. We are in a new regime. The tape is aggressively pricing in the second derivative of profitability and the suffocating cost of capital. Under the Hood (The Rate of Change): 1. The CapEx Black Hole: Fulfilling a $67B backlog requires terrifying capital. Management just doubled 2026 CapEx plans to $30–$35B. They are sitting on an $18.8B debt pile with dangerously low interest coverage. 2. Margin Collapse: Despite reve

Thanks for sharing. Willl go for Nvidia the AI leader

The three updates together reveal an important shift inside the AI sector: the market is moving from “AI excitement” to “AI efficiency and execution.” Each company sits at a different stage of that transition. --- 1. Salesforce (CRM): Solid fundamentals, valuation discipline 12% YoY growth and fastest expansion in two years confirms enterprise software demand is stabilising. The slight guidance miss matters because expectations were already high after the AI narrative around Agentforce and automation. Market interpretation Investors now want AI monetisation, not AI features. Salesforce is viewed as a cash-flow compounder, not a hyper-growth AI winner. Implication: Downside likely limited unless enterprise IT spending weakens. Upside depends on proving AI lifts productivity revenue, not jus

Intuition tells me a structural reset is underway rather than a temporary dip with potential of a Sector Sell-off & Budget Migration exacerbated by  execution risk and muted analyst sentiments. Afte4 all, North American Tech-Software Index (IGV) fell nearly 25%–30% in early 2026 as investors have rotated out of high-multiple software stocks. And the adverse response after the good Nvidia results also goes to reinforce this.

Buckle up, folks— the SaaS world just got a reality check that's sending shockwaves through Wall Street! 🚀💥 With growth slowing and layoffs hitting hard, investors are questioning if this is just a blip or the kickoff to a massive software sector shakeup. Let's dive deep into the latest drama from powerhouse players like Salesforce, C3.ai, and CoreWeave, and what it means for your portfolio. 📊🔍 First up, Salesforce is flexing some serious muscle but still missing the mark on future vibes. Their Q4 haul? A whopping $11.2 billion in revenue, soaring 12% year-over-year—their zippiest sprint in two years! 🏃‍♂️💨 They crushed analyst expectations on the top line, proving cloud CRM is still king. But hold the confetti: Their FY2027 guidance landed at $45.8–46.2 billion, just a hair under the $46.

These three updates collectively signal a transition phase in the AI cycle. Growth remains strong, but markets are now rewarding efficiency and visibility, not merely expansion. --- 1. Salesforce (CRM) – growth stabilising, expectations too high 12% YoY growth, fastest in two years, confirms enterprise software demand is improving. The issue is guidance. Slightly soft FY2027 outlook tells investors AI monetisation will be gradual, not explosive. Market takeaway: Salesforce is shifting from restructuring-driven margin expansion to steady AI productivity gains. Implication: Not a demand problem. It is a valuation problem. Investors already priced stronger acceleration. --- 2. C3.ai – AI hype meets economic reality 26% workforce reduction signals a pivot toward profitability. Enterprise AI ad

Feb 2026 Portfolio Performance: A loss of SGD 2000, representing a 0.4% loss. 2026 Dividends: Accumulated SGD 5000 dividends year-to-date. In February 2026, anxiety surrounding AI is dominating the stock market. Top enterprises feel compelled to invest heavily in AI to avoid being displaced by competitors, yet these investments may not generate meaningful income in the near term. Many industries face genuine threats from AI. Simple software services could be replaced entirely, and SaaS companies may see revenue decline as AI reduces the demand for manpower. However, while the fear is real, I should not reject AI; instead, I must embrace it. The Hang Seng TECH ETF's $Lion-OCBC Sec HSTECH S$(HST.SI)$  current P/E ratio is around 16, offering

Not too sure but sure can be monitor. Thanks for sharing

Recent price action shows a shift in the market's attitude toward AI: Focus on Efficiency, Not Just Growth: Previously, simply mentioning "AI" sent stock prices up. Now, if your AI investment is high and revenue generation is slow, the market responds with an immediate sell-off.

Over the past three months, software stocks have endured a "massacre." Investors previously assumed that AI Agents would act like bulldozers, leveling traditional software companies. However, a recent presentation by AI giant Anthropic shifted the narrative: Claude no longer aims to be the "Terminator"; it wants to be a "Partner."

$CoreWeave, Inc.(CRWV)$ Buckle up, folks! The AI landscape is shaking like a glitchy neural net. 😵‍💫 With Salesforce dropping a solid Q4 beat but whispering softer vibes for the future, C3.ai swinging the axe on jobs amid epic misses, and CoreWeave dodging infrastructure potholes— is this the great AI software reset we've been whispering about? Let's dive deep into the drama, crunch the numbers, and see if near-term wins are getting buried under long-term clouds. No fluff, just facts up to February 26, 2026. 📈 First off, Salesforce ( $Salesforce.com(CRM)$ ) just wrapped FY2026 with a bang: Q4 revenue hit $11.2 billion, up 12% year-over-year—their zippiest growth in two years! 🎉 They smashed expectations, w

i hope this goes to the moon 

🌟🌟Claude isn't here to replace Snowflake, Salesforce or CoreWeave.  It is here to supercharge them, challenge them and occasionally give them a gentle existential crisis - all at the same time. Claude is the partner, the intelligence layer SaaS never had.  Claude plugs into platforms like Snowflake, Salesforce & CoreWeave to make them faster, smarter & more intuitive. Snowflake becomes not just a data warehouse but a conversation. Salesforce becomes not just a CRM but a relationship brain. CoreWeave becomes not just GPU infrastructure but an AI accelerated engine. Claude also pushed SaaS companies to rethink their entire product philosophy.  No more "click here, drag there". AI is becoming the interface & SaaS must adapt or be left behind. Claude thrives when i

Don’t think AI will be rallying per se, more like they will continue to be the new normal or the new tech stock kinda, and continue their growth.

Claude may replace traditional coding but still is essentially a partner in high level engineering that needs human expertise.

$UiPath(PATH)$ is scheduled to report its fiscal fourth-quarter 2026 results on Wednesday, March 11, 2026, after the market closes. The company is currently in a transitional phase, moving from traditional Robotic Process Automation (RPA) toward "agentic" AI-driven automation. Earnings Expectations (Q4 FY2026) Wall Street expectations have remained relatively stable leading up to the report: Revenue: Consensus estimate is $464.86 million, representing approximately 9.7% year-over-year growth. Non-GAAP EPS: Analysts are projecting $0.25, a slight decline from the $0.26 reported in the same quarter last year. Prior Performance: UiPath has a history of beating both revenue and EPS estimates. In Q3 2026, they delivered a revenue beat of nearly 5% and

$Adobe(ADBE)$ is scheduled to report its fiscal Q1 2026 results on Thursday, March 12, 2026, after the market close. The stock currently finds itself in a "show-me" period. Despite record FY2025 revenue, the share price has been under pressure due to fears that generative AI (like OpenAI’s Sora or Midjourney) might commoditize creative software. This earnings call is a high-stakes moment for Adobe to prove its AI monetization is scaling. Key Estimates & Guidance Revenue Consensus: $6.28 billion (Targeting ~10% YoY growth). Earnings Per Share (EPS): $5.88 (Non-GAAP). Management Q1 Guidance: Revenue of $6.25B–$6.30B; EPS of $5.85–$5.90. The Fiscal Q4 2025 earnings report (released December 10, 2025) was a classic "beat and drop" scenario for Ado

$Okta Inc.(OKTA)$ is scheduled to release its fiscal Q4 2026 (ending January 31, 2026) financial results on Wednesday, March 4, 2026, after the market close. The stock enters this earnings cycle under significant pressure, having dropped roughly 12% to 15% in the month leading up to the report. This suggests that while expectations are high for a "beat," the market is deeply concerned about AI disruption and growth deceleration. Q4 2026 Estimates & Guidance The following consensus estimates are the "lines in the sand" for the upcoming report: Okta reported its fiscal Q3 2026 results on December 2, 2025. While the company delivered a "beat and raise" on paper, the market's reaction was cautious, highlighting a growing tug-of-war between Okta's

Buckle up, folks— the SaaS world just got a reality check that's sending shockwaves through Wall Street! 🚀💥 With growth slowing and layoffs hitting hard, investors are questioning if this is just a blip or the kickoff to a massive software sector shakeup. Let's dive deep into the latest drama from powerhouse players like Salesforce, C3.ai, and CoreWeave, and what it means for your portfolio. 📊🔍 First up, Salesforce is flexing some serious muscle but still missing the mark on future vibes. Their Q4 haul? A whopping $11.2 billion in revenue, soaring 12% year-over-year—their zippiest sprint in two years! 🏃‍♂️💨 They crushed analyst expectations on the top line, proving cloud CRM is still king. But hold the confetti: Their FY2027 guidance landed at $45.8–46.2 billion, just a hair under the $46.

In early February, U.S. tech stocks narrowly escaped a scare triggered by fears that "AI software might be replaced." Although the partnership between AMD and Meta restored some confidence yesterday, the market remains on edge. Over the past three months, software stocks have endured a "massacre." Investors previously assumed that AI Agents would act like bulldozers, leveling traditional software companies. However, a recent presentation by AI giant Anthropic shifted the narrative: Claude no longer aims to be the "Terminator"; it wants to be a "Partner." Market Status: From "Universal Hype" to "Selective Picking" Recent price action shows a shift in the market's attitude toward AI: Focus on Efficiency, Not Just Growth: Previously, simply mentioning "AI" sent stock prices up. Now, if your A

1. Fundamentals vs Market Reaction AppLovin • AppLovin reported excellent Q4 results: revenue ~US$1.66 billion (+66 % year-on-year) and net income +84 % to ~US$1.10 billion, with adjusted EBITDA up ~82 %. These outcomes beat expectations and point to strong earnings quality and profit margin expansion.  • Management also guided for continued sequential revenue growth in Q1.  • Despite this, the shares fell sharply on earnings day. The decline reflects investor concern rather than lack of operational performance. Palantir • Recent price weakness in PLTR is part of a broader pullback in software and technology stocks. Reuters and market sources have noted Palantir among software names with significant drawdowns as sentiment deteriorated.  Implication: The divergence between st

$CoreWeave, Inc.(CRWV)$ Buckle up, folks! The AI landscape is shaking like a glitchy neural net. 😵‍💫 With Salesforce dropping a solid Q4 beat but whispering softer vibes for the future, C3.ai swinging the axe on jobs amid epic misses, and CoreWeave dodging infrastructure potholes— is this the great AI software reset we've been whispering about? Let's dive deep into the drama, crunch the numbers, and see if near-term wins are getting buried under long-term clouds. No fluff, just facts up to February 26, 2026. 📈 First off, Salesforce ( $Salesforce.com(CRM)$ ) just wrapped FY2026 with a bang: Q4 revenue hit $11.2 billion, up 12% year-over-year—their zippiest growth in two years! 🎉 They smashed expectations, w

The information and materials provided here, whether or not provided on TBI’s Substack (TBI), on third party websites, in marketing materials, newsletters or any form of publication are provided for general information and circulation only. None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. TBI does not take into account of your personal investment objectives, specific investment goals, specific needs or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information provided here. The information and publications are not intended to be and do not constit

The information and materials provided here, whether or not provided on TBI’s Substack (TBI), on third party websites, in marketing materials, newsletters or any form of publication are provided for general information and circulation only. None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. TBI does not take into account of your personal investment objectives, specific investment goals, specific needs or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information provided here. The information and publications are not intended to be and do not constit

$AppLovin Corporation(APP)$ $Palantir Technologies Inc.(PLTR)$ AppLovin's Q4 earnings just dropped like a bombshell, smashing expectations with revenue soaring 66% year-over-year to $1.658 billion and net income exploding 84% to $1.102 billion – adjusted EBITDA jumped 82% amid AI-driven ad tech dominance that's turning mobile gaming into a cash machine. Yet, despite this powerhouse performance pushing back against the "software apocalypse" sparked by Anthropic's workflow-crushing AI agents, APP shares cratered 20% post-earnings to $80 levels, dragging Palantir (PLTR) down 15% in sympathy as the sector reels from Apollo Co-President's chilling warning of an "extremely violent" tech cycle. Valuations are res

Feb 2026 Portfolio Performance: A loss of SGD 2000, representing a 0.4% loss. 2026 Dividends: Accumulated SGD 5000 dividends year-to-date. In February 2026, anxiety surrounding AI is dominating the stock market. Top enterprises feel compelled to invest heavily in AI to avoid being displaced by competitors, yet these investments may not generate meaningful income in the near term. Many industries face genuine threats from AI. Simple software services could be replaced entirely, and SaaS companies may see revenue decline as AI reduces the demand for manpower. However, while the fear is real, I should not reject AI; instead, I must embrace it. The Hang Seng TECH ETF's $Lion-OCBC Sec HSTECH S$(HST.SI)$  current P/E ratio is around 16, offering

The rapid expansion of artificial intelligence (AI) has created one of the largest infrastructure buildouts in modern technological history. While companies such as GPU manufacturers and cloud providers receive the majority of investor attention, a critical layer enabling AI scalability operates behind the scenes. One such company is $Credo Technology Group Holding Ltd(CRDO)$. Credo focuses on high-speed connectivity solutions that allow AI servers and data centers to transmit vast amounts of data efficiently. As AI workloads continue to scale, connectivity increasingly becomes a performance bottleneck, positioning Credo as an important infrastructure enabler within the AI ecosystem. Credo is a semiconductor connectivity company specializing in hi

One of the hottest topics in the AI world lately is the sudden emergence of Clawdbot (OpenClaw). In the past, our workflows required humans to switch between different SaaS tools. Clawdbot is changing the game: it can directly take over tasks via APIs or automation scripts. When AI can deliver results directly — without you even opening a UI — will traditional SaaS software gradually be reduced to little more than backend databases? The deeper concern lies in business models. The core SaaS logic of seat-based pricing is facing potential disruption. If one AI agent can do the work of ten employees, will companies still pay for ten software licenses? Last week’s broad pullback in SaaS stocks may have been an early market reaction to this kind of “dimensionality reduction” threat. Earnings Di

Software stocks recovered some losses for last week on Friday (06 Feb), and we have some names coming up with their earnings this week. $Cloudflare, Inc.(NET)$ is scheduled to report its fiscal Q4 2025 earnings on Tuesday, February 10, 2026, after the market closes. The company heads into this print with significant momentum, having reaccelerated revenue growth to 31% in Q3. However, with the stock coming off recent all-time highs and a premium valuation, the margin for error is slim. Key Metrics to Watch Investors will focus on whether Cloudflare can maintain its "rule of 40" performance (growth + margin) while scaling its AI and enterprise segments. Strategic Focus Areas The AI Tailwinds: Management has touted that 80% of leading AI companies use

The three updates together reveal an important shift inside the AI sector: the market is moving from “AI excitement” to “AI efficiency and execution.” Each company sits at a different stage of that transition. --- 1. Salesforce (CRM): Solid fundamentals, valuation discipline 12% YoY growth and fastest expansion in two years confirms enterprise software demand is stabilising. The slight guidance miss matters because expectations were already high after the AI narrative around Agentforce and automation. Market interpretation Investors now want AI monetisation, not AI features. Salesforce is viewed as a cash-flow compounder, not a hyper-growth AI winner. Implication: Downside likely limited unless enterprise IT spending weakens. Upside depends on proving AI lifts productivity revenue, not jus

Applovin Q4 Earnings Review: Blowout Results, Strong Guidance. How Should Investors Play the Volatility? Amid intensifying debate over AI's long-term impact on software business models and heightened volatility following Unity's earnings, $AppLovin Corporation(APP)$   reported its fourth-quarter results. The company delivered revenue of $1.66 billion (vs. $1.62 billion expected), up 66% year over year, and Adjusted Diluted EPS of $3.24 (vs. $3.07 expected). Shares initially fell more than 10% in after-hours trading before sharply narrowing losses to around 1%. Such volatility suggests the market is digesting concerns about future competition and structural industry shifts rather than questioning the quarter

🌟🌟🌟Some days the market feels like it is being narrated by Clawdbot - that overly cheerful AI assistant who tells you your favourite SaaS stock is down 25% and then brightly asks if you would like a mindfulness exercise to "process your emotions". Welcome to 2026 where AI is reshaping how we work, how we invest and occasionally how we emotionally stabilise ourselves.  So What Exactly is Clawdbot? Clawdbot began as an open source personal AI assistant, created by a small group of independent developers who believed AI should be transparent, accessible and community driven.  Because it is open source, developers worldwide began contributing at lightning speed and Clawdbot evolved from a simple chatbot into a full conversational operating layer.  Today Clawdbot can: Fetch files

$CoreWeave, Inc.(CRWV)$ : The 18% Crash & The End of the "AI Growth At Any Cost" Hall Pass CoreWeave just printed 110% YoY revenue growth ($1.57B) and announced a $14.2B Meta contract. The stock responded by violently crashing 18.5% at the open. Why? Because the market has officially stopped trading absolute top-line numbers. We are in a new regime. The tape is aggressively pricing in the second derivative of profitability and the suffocating cost of capital. Under the Hood (The Rate of Change): 1. The CapEx Black Hole: Fulfilling a $67B backlog requires terrifying capital. Management just doubled 2026 CapEx plans to $30–$35B. They are sitting on an $18.8B debt pile with dangerously low interest coverage. 2. Margin Collapse: Despite reve

Last week I wrote a post titled “Software is Dead…Again.” Since then, $iShares Expanded Tech-Software Sector ETF(IGV)$ is down ~20% (in just 1 week!). If software was dead a week ago what is it now, down an incremental 20%?! First - some fun stats The median NTM revenue multiple (cue all the comments “he’s still talking about revenue multiples?!?”) is 3.6x. This is the lowest it’s been in the last 10+ years. For the revenue multiple haters, the median FCF multiple is 16x NTM FCF, for median growth rate of ~20% (alas, once again, cue another set of haters, saying none of the FCF is real and it’s all sitting in SBC). Can’t escape it, maybe software is a zero with no valuation support. Was good while it lasted. 39% of my software index is trading <

The past week has been painful for the entire AI trade, but $IREN Ltd(IREN)$ has suffered more than most, falling 31% before even reporting Q4 2025 earnings. Shareholders hoping that earnings would bring back optimism in the stock were greatly disappointed, as Iren fell as much as 20% in the after-hours. This means that Iren was down close to 50% in just a few days! I believe there are 3 key reasons why the stock reacted so negatively to the earnings: No Hyperscaler Deals Revenue Miss Earnings Miss In my opinion, the market wildly overreacted to these developments. Furthermore, investors are completely ignoring the positives that Iren announced: Secured $3.6B GPU Financing New Massive Data Center Strong ARR Guidance Let’s dig deeper. 1. No Hypersc