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We've seen a 'TikTokification' of social media over the last few years, says NYU's Joshua Tucker
CNBC Television· 2026-02-18 12:35
Mark Zuckerberg expected to testify in the landmark social media addiction case against Meta and YouTube. And joining us right now is Joshua Tucker, co-director of the NYU Center for Social Media and Politics. How much today is uh about theater and how much do you think is actually going to be accomplished, if you will, that we're actually going to learn something new.>> I mean, we'll have to see what happens what happens in the court case today and what they end up discussing and what they end up talking a ...
X @Bloomberg
Bloomberg· 2025-10-03 12:24
A forest restoration startup led by former Reddit CEO Yishan Wong is rolling out a subscription-based model where individuals can fund tree planting for the monthly cost of a streaming service https://t.co/sQLvLJSew2 ...
PEGA's Cloud Backlog Climbs: A Sign of Strong Revenue Visibility?
ZACKS· 2025-08-22 17:16
Core Insights - Pegasystems (PEGA) is experiencing strong growth in its cloud business, with a 30% year-over-year increase in Pega Cloud backlog, reaching approximately $1.32 billion, and total backlog at $1.84 billion, indicating a healthy revenue pipeline for future quarters [1][10] - The Annual Contract Value (ACV) has risen 16% year-over-year to $1.514 billion, while Pega Cloud ACV surged 28%, reflecting robust demand for PEGA's AI-driven solutions [2][10] - The current cloud backlog, expected to convert within the next 12 months, has grown 28% year-over-year, providing near-term revenue visibility [3][10] - The Zacks Consensus Estimate projects revenue growth of 13.71% for fiscal 2025 and 5.83% for fiscal 2026 [4] Competitive Landscape - Pegasystems faces significant competition in the cloud market from Oracle and Salesforce [5] - Oracle is expanding its cloud infrastructure and applications, enhancing its competitive position with strengths in AI-driven databases and integrated enterprise solutions [6] - Salesforce leads in cloud-based CRM, offering a fully cloud-native solution that emphasizes usability and integration, setting a high benchmark in customer engagement [7] Financial Performance - Pegasystems' shares have increased by 9.7% year-to-date, compared to a 10.8% return for the broader Zacks Computer and Technology sector and a 16.3% rise in the Computer-Software industry [8] - The company has a Value Score of D and is trading at a forward 12-month price-to-earnings ratio of 24.66X, lower than the industry's 32.73X [12] - The Zacks Consensus Estimate for PEGA's earnings is $1.98 per share for 2025, reflecting a year-over-year growth of 31.13% [15]