Core Insights - The article discusses the challenges and disappointments in the enterprise software investment space, highlighting the gap between promising technology and actual investment performance [1]. Group 1: Analyst Background - Bert Hochfeld has a strong educational background with a degree in economics from the University of Pennsylvania and an MBA from Harvard [1]. - Hochfeld has extensive experience in the tech industry, having worked for notable companies such as IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software [1]. - He transitioned to a sell-side analyst role in the 1990s and received accolades from the Wall Street Journal for his coverage of the software sector [1]. Group 2: Research and Fund Management - In 2001, Hochfeld established Hochfeld Independent Research Group, providing research services to major institutions like Fidelity and Columbia Asset [1]. - He managed the Hepplewhite Fund, which specialized in technology investments and was rated as the best performing small-cap fund for the five years ending in 2011 by Hedge Fund Research [1]. - Hochfeld has authored over 500 articles on Seeking Alpha, focusing on information technology companies [1]. Group 3: Legal Issues - In 2012, Hochfeld faced legal issues, being convicted of misappropriating funds from the hedge fund he operated [1]. Group 4: Investment Performance - Hochfeld is recognized for his investment acumen, ranking in the top 0.1% of Tip Ranks analysts for his successful selection of information technology stocks [1].

Now there is a thesis against that that I want you to refute which is this idea of AI eating software uh that people feel that enterprise software uh is going to remain under pressure uh because uh with AI I can make my own software to compete against service now uh does it really work like that >> doesn't work like that Jim you know that's the beauty of our strategy we realize the world needs access to the great hyperscalers And so we integrated with all three of them. So that's a cooperative. The world's ...

Core Insights - Oracle Corporation is valued at a market cap of $807.7 billion and is a leading provider of enterprise software, cloud services, and database technologies [1] - The company is expected to report a profit of $1.29 per share for fiscal Q2 2026, reflecting a 12.2% increase from the previous year [2] - Oracle's stock has increased by 63.3% over the past 52 weeks, outperforming the S&P 500 Index and the Technology Select Sector SPDR Fund [3] Financial Performance - Analysts predict Oracle will report a profit of $5.41 per share for fiscal 2026, a 23% increase from $4.40 per share in fiscal 2025 [2] - The expected EPS growth for fiscal 2027 is 19.4%, reaching $6.46 [2] - In Q1, Oracle's EPS of $1.20 exceeded forecasts by 4.4% [2] Strategic Developments - On October 13, Oracle's shares surged 5.1% following a strategic partnership with Zoom Communications to enhance its cloud capabilities [4] - The partnership will involve running Zoom's customer experience platform on Oracle Cloud Infrastructure [4] Analyst Ratings - Wall Street analysts have a "Moderate Buy" rating for Oracle, with 28 out of 40 analysts recommending "Strong Buy" [5] - The mean price target for Oracle is $355.80, indicating a potential upside of 26.4% from current levels [5]

Core Insights - PineStone Asset Management Inc. sold 161,430 shares of Oracle Corporation for approximately $41.11 million in Q3, reducing its stake to 3.4 million shares valued at $964.5 million at quarter-end [1][2]. Company Overview - Oracle Corporation's stock price closed at $291.31, with a market capitalization of $830.5 billion, TTM revenue of $59 billion, and TTM net income of $12.4 billion [4]. - The company operates globally in enterprise software and cloud infrastructure, leveraging a broad product portfolio to deliver mission-critical solutions [6]. Performance Metrics - Oracle's shares increased by 68% over the past year, significantly outperforming the S&P 500's nearly 14% gain during the same period [3][8]. - PineStone's Oracle position now represents 6% of its reportable U.S. equity assets [3]. Strategic Insights - The sale of Oracle shares aligns with PineStone's broader strategy of rebalancing its portfolio, which included reducing positions in other large technology companies [7]. - Oracle's long-term growth prospects are supported by deep enterprise relationships, accelerating cloud adoption, and increasing exposure to AI technologies [11]. Future Projections - Oracle projects $225 billion in annual revenue and $21 in EPS by the end of the decade, driven by its expanding cloud infrastructure and partnerships, such as the multibillion-dollar deal with OpenAI [10].

Let's welcome in another Robert Smith. He is the founder, chairman, and CEO of Vista Equity Partners. He is with me here at the Case Conference in Beverly Hills.And we're so happy to have you. Thanks for being here. >> Good to see you, Scott.Thanks for inviting me. >> All right. So, I mentioned all these people who are opining on this topic.Paul Tudtor Jones was on CNBC just last week said, "It feels exactly like 1999." Ken Griffin, quote, "There are obvious echoes of the dot era." And we even heard from Ja ...

There also seems to be uh you know an idea out there and you see it in the valuation of the company Palanteer. This idea that that's the future of software. It's disrupting software and it's doing so without a marketing team.Oh my gosh, I am so inspired by that company. I mean not just because they have a hundred times uh uh you know multiple on their revenue which I would love to have that too. Maybe it'll all have a thousand times on their revenue soon, but the prices that they charge to their customers, ...

Company Background - John Ederer has transitioned from a Wall Street analyst to the CFO of Teradata, bringing over 10 years of experience in the finance and enterprise software sectors [3][4] - Ederer has a diverse background, having worked with both public companies and private equity-backed businesses, which provides a comprehensive understanding of different business models [4] Previous Experience - Prior to joining Teradata, Ederer was at Model N, a vertical SaaS business, where he successfully implemented a profitable growth strategy over four years [4]

Core Insights - The enterprise software market is rapidly growing, projected to reach $517.3 billion by 2030, with a CAGR of 12.1% driven by AI integration and digital transformation initiatives [2] - MongoDB and ServiceNow are key players in this transformation, with MongoDB focusing on database infrastructure and ServiceNow on workflow automation [1] MongoDB (MDB) - MongoDB is well-positioned to benefit from modern application architectures and AI workloads, with its Atlas cloud database showing a 29% year-over-year revenue growth in Q2 of fiscal 2026 [3] - The Zacks Consensus Estimate for Q3 fiscal 2026 Atlas revenues is $437 million, reflecting a 20.4% increase from the previous year [3] - MongoDB's customer base grew by 2,800 in the last quarter, totaling 59,900, with a projected increase to 61,500 customers in Q3, marking a 16.9% year-over-year growth [5] - The Zacks Consensus Estimate for fiscal 2026 earnings has been revised upward by 18.6% to $3.64 per share, indicating optimism about profitability [6] - MongoDB's document-based model offers flexibility for complex data handling, enhancing efficiency in building AI applications [4] ServiceNow (NOW) - ServiceNow is expected to maintain steady growth in workflow automation, with subscription revenues increasing by 21.5% in constant currency to $3.11 billion in Q2 of 2025 [7] - The Zacks Consensus Estimate for Q3 subscription revenues is $3.26 billion, up 20.7% year-over-year [7] - Current remaining performance obligations (cRPO) rose 24.5% year-over-year to $10.9 billion, with a projected increase to $11.09 billion in Q3 [8] - ServiceNow's renewal rates are stable at 98%, with 528 customers generating over $5 million in annual contract value [9] - The Zacks Consensus Estimate for fiscal 2025 earnings is $16.79 per share, with no revisions in the past 30 days, indicating tempered investor sentiment [10] Price Performance and Valuation - MongoDB's stock has outperformed ServiceNow in 2025, gaining 36.7% year-to-date, while ServiceNow shares have declined by 14.1% [11] - Both companies are considered overvalued, with MongoDB trading at a forward price-to-sales ratio of 10.15X and ServiceNow at 12.85X, reflecting differing growth expectations [13] Conclusion - Both MongoDB and ServiceNow are positioned to benefit from digital transformation, but MongoDB presents a stronger upside potential due to its architecture and growth momentum [15] - MongoDB is currently rated as a Zacks Rank 2 (Buy), while ServiceNow holds a Zacks Rank 3 (Hold), indicating a preference for MongoDB at present levels [16]

Welcome back to Worldwide Exchange. CNBC is celebrating Black Business Month this August. As part of that, I sat down with Robert Smith, founder, chairman, and CEO of Vista Equity Partners, one of the largest software investors in the world.We talked about his new book, Lead Boldley, where he shares his insights on seven principles from Dr. . Martin Luther King Jr. . His wheelhouse, of course, is the private markets, but we also talked about his view of the stock market and the bond market and the opportuni ...

All right, let's get to a mad dash as we get ready to begin trading uh about seven minutes from now. Monday. com was a big loser yesterday.Jim, you're coming back to it this morning, >> right. Well, I have here in my hand Josh Bear, not that familiar with this work, who upgrades Morgan Stanley upgrades uh Monday after a brutal look at that. That's actually a decline.Now, why was Monday down. Monday is a company does work processes. He's not unlike it's a junior service.Now if you want to well it happened to ...