Famed “Big Short” investor Michael Burry has issued a scathing warning to Silicon Valley, alleging that tech giants are employing aggressive accounting maneuvers to mask the true costs of the AI infrastructure race.The ‘Sinister’ Accounting Trick“Now you are engaging in accounting tricks to hide expense, to protect earnings,” Burry posted. “You will be tortuously adjusting your earnings in a new and sinister ways.”Inflated Profits And The 20% GapAccording to data shared by Burry, this accounting treatment c ...

Core Viewpoint - Investors are selling off software stocks due to fears over AI disruption, creating buying opportunities for high-quality businesses [1] Group 1: Company Overview - Doximity, a social feed and software provider for doctors, has seen its stock fall by 66% in the past year, trading close to an all-time low [2] - The company has a market cap of $4.7 billion, with a current stock price of $25.57 and a 52-week range of $23.66 to $76.51 [3] - Doximity began as a social network for medical professionals, allowing them to receive healthcare news and collaborate in a HIPAA-compliant manner [3] Group 2: Business Model - Doximity generates revenue through sponsorships from pharmaceutical companies, with 126 customers spending over $500,000 annually on the platform [4] - Approximately 85% of physicians in the U.S. use Doximity, indicating a strong market presence with little competition [4] Group 3: Growth Potential - The company is expanding into new software tools, including the DoxGPT AI assistant, which is expected to increase user engagement and revenue over time [5] - Revenue growth has been significant, increasing by 448% since March 2020, although it has slowed to 10% year-over-year growth last quarter [7] - Doximity has a strong EBIT margin of 38.5%, indicating best-in-class profitability for a software provider [8] Group 4: Investment Consideration - With a price-to-earnings ratio of 21, Doximity may present a growth stock opportunity amidst the current software market dip driven by AI fears [8]

Core Insights - Asana has launched its services in the AWS Middle East (UAE) Region, enabling local data residency for enterprise and government customers [1] - The platform aims to support organizations in the Middle East that are modernizing their operations through technology, particularly in complex, cross-agency initiatives [1] - Asana's infrastructure on AWS provides enterprise-grade security and governance, which is crucial for regulated sectors [1] Group 1: Availability and Impact - Asana is one of the first enterprise collaborative work management platforms to be available on AWS Marketplace in the UAE [1] - The availability of Asana in the region is expected to enhance the speed, reliability, and scalability of technology-driven operations for local organizations [1] - Organizations like Washmen are leveraging local hosting to evolve their operations and improve customer experiences [1] Group 2: Security and Compliance - The AWS Middle East (UAE) Region offers enterprise-grade security controls, including encryption and role-based access management [1] - Asana collaborates with a growing partner ecosystem in the region to meet customer implementation and compliance needs [1] Group 3: Company Overview - Asana is a work management platform that facilitates coordination of tasks and strategic initiatives for over 170,000 organizations, including notable companies like Accenture and Amazon [1] - The platform integrates AI capabilities with human collaboration to enhance productivity and workflow management [1]

CitriniResearch与Alap Shah一份"来自未来的宏观备忘录"提出一个虚构的命题：AI多次超越乐观预期并不必然利多资产与经济，相反，充沛的机器 智能可能通过挤压劳动收入与消费循环，触发一场由"生产率繁荣"引出的需求收缩与金融再定价。 在这份以"2028年6月"为时间锚点的思想实验中，美国失业率升至10.2%，较预期高0.3个百分点，数据公布后市场下跌2%，标普500从"2026年10月 高点"累计回撤38%。备忘录称，交易员对冲击已趋于麻木，六个月前类似数据本可能触发熔断。 报告将危机路径拆解为两条相互强化的链条：一条发生在实体经济，AI能力提升推动白领岗位被替代，实际工资增速塌陷，消费占比高的"以人为 中心"的经济萎缩，形成"没有自然刹车"的负反馈回路，市场一度只看AI、但经济本身开始变形，催生所谓"Ghost GDP"，即产出计入国民账户却 难以在真实经济中循环。 另一条发生在金融体系，收入预期的结构性受损开始侵蚀私募信贷与住房按揭等建立在白领现金流之上的资产定价，并迫使监管与政策讨论加 速，但报告同时强调，政策响应持续滞后，公众对政府"救援能力"的信心下降，正在放大通缩螺旋风险。 或许， ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Varonis Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Varonis common stock between February 4, 2025, and October 28, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by March 9, 2026 [3]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has been recognized for its achievements, including the largest securities class action settlement against a Chinese company at the time and being ranked highly for the number of settlements achieved [4]. Group 3: Case Allegations - The lawsuit alleges that Varonis made materially false and misleading statements regarding its ability to maintain Annual Recurring Revenue (ARR) projections while transitioning customers to a software-as-a-service (SaaS) model [5]. - It is claimed that Varonis was not adequately prepared to convince existing users of the benefits of the SaaS offering, leading to reduced ARR growth potential [5]. - The lawsuit asserts that the misleading statements resulted in investor damages when the true situation was revealed [5].

Did you ever wonder what made you pass on what turned out to be a sure thing? What made you thumb your nose at something that now seems obvious to have had real value when you dissed it? Was it all that difficult to see the opportunity? Or did you remember what happened in 2007, when bad debt overwhelmed decent equity and the center almost failed to hold and you prudently decided it was too dangerous to invest? Or you got slaughtered like so many others. It depends. Let's examine the most salient stressor w ...

Core Viewpoint - A securities fraud class action lawsuit has been filed against Oracle Corporation, alleging material misstatements regarding its data center capabilities for AI infrastructure and capital expenditures during the class period from June 12, 2025, to December 16, 2025 [1] Summary by Relevant Sections Lawsuit Details - The lawsuit, titled Barrows v. Oracle Corporation, was filed on February 3, 2026, in the United States District Court for the District of Delaware [1] - Investors who purchased Oracle common stock during the class period may seek to serve as lead plaintiff by April 6, 2026 [1] Allegations - The complaint alleges that Oracle misled investors by overstating its contracts for AI infrastructure development and falsely assuring that significant capital expenditures would lead to rapid revenue growth [1] - Specific allegations include: 1. Oracle's AI infrastructure strategy would lead to substantial increases in capital expenditures without corresponding near-term revenue growth [1] 2. Increased spending posed risks to Oracle's debt, credit rating, free cash flow, and project funding [1] 3. Defendants' statements regarding Oracle's business and prospects were materially false and misleading [1] Investor Actions - Investors are encouraged to retain legal counsel or contact Kessler Topaz Meltzer & Check, LLP for a free case evaluation [1] - The lead plaintiff process allows investors to represent the class and direct the litigation, with the deadline for filing set for April 6, 2026 [1]

Core Viewpoint - AppFolio, Inc. has secured a $150 million senior secured revolving credit facility, but the associated restrictions may limit its strategic and financial flexibility [1][6] Group 1: Financial Developments - The $150 million credit facility from PNC Bank includes strict restrictions that could hinder the company's ability to take on additional debt, make major investments, sell assets, and engage in certain transactions [1] - The facility imposes a limit on AppFolio's Consolidated Net Leverage Ratio, which may affect its responsiveness to market changes and growth opportunities [1] - Failure to meet the facility's requirements could lead to default, resulting in lenders demanding immediate repayment and halting further funding [1] Group 2: Analyst Sentiment - Despite the restrictions from the new credit facility, analysts maintain an optimistic outlook, with UBS analyst Seth Gilbert reaffirming a Buy rating and a price target of $260, indicating a potential upside of approximately 47.8% [2] - The median upside projected by Wall Street analysts covering the stock is around 52% [2] Group 3: Company Overview - AppFolio operates a cloud-based platform tailored for the real estate industry in the United States, providing services such as marketing, accounting, maintenance, and communication [3]

Core Insights - Q2 Holdings, Inc. (NYSE:QTWO) is recognized as one of the best technology stocks at a 52-week low, despite a recent price target reduction by RBC Capital from $86 to $67 [1][6] - The company's Q4 results indicated improving margins and strong bookings, but a conservative fiscal 2027 subscription revenue growth outlook of 12.5% to 13% has pressured the stock [1][6] Financial Performance - In Q4, Q2 Holdings reported total revenue of $208.2 million, marking a 14% year-over-year increase and a 3% quarter-over-quarter increase [2] - Full-year revenue reached $794.8 million, also up 14% from the previous year, with subscription revenue constituting 82% of total revenue and growing by 17% [2] - Total Annual Recurring Revenue (ARR) was $921 million, reflecting a 12% annual growth, while subscription ARR increased by 14% to $780 million [2] - Gross margin improved to 58.6% in Q4, up from 57.4% the previous year, and full-year gross margins rose from 56% to 58% [2] - The company generated $173 million in free cash flow during the year, with a solid conversion rate of 93% [2] Business Operations - Q2 Holdings operates as a provider of digital solutions, catering to financial technology companies, alternative finance companies, financial institutions, and FinTechs across the United States [3] - The company offers a Digital Banking Platform along with risk and fraud solutions [3]

Group 1 - The Descartes Systems Group Inc. (NASDAQ:DSGX) is identified as one of the best technology stocks at a 52-week low, with a price target lowered by Scotiabank from $115 to $95, indicating a potential upside of 43.77% from current levels [1] - Barclays upgraded The Descartes Systems Group Inc. from Equal Weight to Overweight, slightly reducing its price target from $106 to $105, viewing the company's third-quarter FY2026 results as a positive turning point [2] - The company is recognized for its global logistics technology solutions, offering a wide range of services including transportation management, customs compliance, and B2B messaging [3] Group 2 - Analysts see potential for The Descartes Systems Group Inc. to outperform in CY26, supported by ongoing platform development that enhances its competitive edge [3] - The software sector has faced challenges, but select stocks, including The Descartes Systems Group Inc., are expected to outperform [1] - The company is moving beyond the impacts of uncertain macroeconomic conditions, which is viewed positively by analysts [2]