It's time now for our 360 round. For that, let's bring in our panel to discuss Palanteer's latest earnings. Joining us, Joe Castikley, the portfolio manager at the free markets ETF, and Shai Balour, the chief market strategist at Futurum.Shai, we'll start with you. You know, thoughts on the report. >> I mean, looking at the price action down 8%, you would assume that the earnings weren't great, but they're actually very impressive.Maybe the market just got ahead of itself, but longterm nothing has changed. ...

Core Insights - Microsoft Corporation (NASDAQ: MSFT) reported $77.67 billion in revenue and $3.72 in earnings per share, surpassing analyst expectations, but shares fell by 4% due to concerns over increased capital expenditures in 2026 as indicated by CFO Amy Hood [2][3] - The company's cloud computing revenue experienced significant growth of 40%, highlighting its strong performance in this segment [2] - Jim Cramer emphasized the importance of analyzing CFO Amy Hood's comments regarding spending needs and noted the exceptional performance of Microsoft's traditional software products, particularly Copilot [3] Financial Performance - Microsoft achieved $77.67 billion in revenue, exceeding analyst estimates [2] - Earnings per share were reported at $3.72, also beating expectations [2] - Cloud computing revenue grew by 40%, indicating robust demand in this area [2] Management Commentary - CFO Amy Hood's shift in outlook regarding capital expenditures raised investor concerns, as she previously anticipated a decrease in spending [2] - Jim Cramer highlighted the necessity to closely examine Hood's statements about addressing constraints and spending requirements [3] - CEO Satya Nadella's comments were also discussed in the context of the company's future direction [2][3]

Market Overview - Global equity markets experienced positive returns in Q3, driven by progress in U.S. tariff negotiations and expectations of Federal Reserve rate cuts, with the MSCI World Growth Index up 8.6% compared to 7.3% for the MSCI World Index and 5.8% for the MSCI World Value Index [2] - Emerging markets showed notable strength, particularly in China, Mexico, and Brazil, with China's tech giants like Tencent and Alibaba contributing to optimism in AI development [5][6] - Developed markets saw Japan leading returns due to clarity on trade policy and confidence in economic resilience, while the eurozone lagged due to political volatility and infrastructure spending debates [6] Quarterly Performance - The ClearBridge Global Value Improvers Strategy generated positive absolute returns but underperformed its benchmark, with industrials and energy holdings detracting from performance [7][19] - Negative stock selection in industrials was primarily due to CNH Industrial's decline amid weaker agricultural demand, while Hitachi remained a strong performer in Japan [8] - Energy stock selection faced challenges from declining commodity prices, with EQT's shares affected by high storage inventories and concerns over demand growth [9] - IT sector stock selection was a strong contributor, particularly Oracle, which gained market share among hyperscalers [10] - In healthcare, CVS and AstraZeneca saw strong performance due to better-than-expected earnings and reduced tariff concerns [11] Portfolio Positioning - New positions were initiated in Lloyds Banking Group, expected to deliver higher normalized returns and a double-digit shareholder yield, and Alphabet, which is positioned to benefit from generative AI developments [13][14] - The strategy exited its position in Novo Nordisk due to lowered full-year guidance and management changes [15] Outlook - Market confidence is bolstered by clarity around tariffs and fiscal policy, although valuations have returned to elevated levels [16] - The focus remains on undervalued companies with distinct growth drivers or restructuring catalysts [16] Energy Sector Insights - Structural shifts in energy demand and efficiency present compelling opportunities, particularly in renewables and energy storage [17] - Companies like Vertiv and Johnson Controls are positioned to benefit from rising energy costs and net-zero goals, with efficiency becoming a competitive advantage [26] ESG Highlights - Carbon capture and sequestration (CCS) technologies are critical for heavy industries, with ClearBridge holdings actively developing CCS capabilities [22][23] - Linde is well-positioned in clean hydrogen production, leveraging its technology to drive emissions savings and business growth [24][30] - Green Plains is focusing on carbon capture initiatives to decarbonize its biorefineries, partnering on projects to sequester significant CO2 emissions [38][40]

Core Insights - Oracle's shares increased by 3.4% on Wednesday, recovering from a 3% decline the previous day, indicating a positive market response [1] - The recovery in Oracle's stock was supported by overall gains in US equity markets, suggesting a broader market influence on the company's performance [1] Company Performance - The rebound in Oracle's shares reflects investor confidence and market dynamics, as the company navigates fluctuations in stock prices [1] - The 3% decline prior to the recovery indicates volatility in Oracle's stock, which may be influenced by external market conditions [1] Market Context - The rise in Oracle's shares coincided with a general uplift in US equity markets, highlighting the interconnectedness of individual stocks with broader market trends [1]

Core Insights - Strategy (formerly MicroStrategy) has seen a remarkable stock performance, increasing by 1,894% over the past five years, translating to a compound annual growth rate (CAGR) of 81.4% as of October 8 [1][2] - The company's success is primarily attributed to its aggressive Bitcoin accumulation strategy, which has overshadowed its core enterprise software business [2][3] Company Strategy - Since August 2020, Strategy has been purchasing Bitcoin at regular intervals, leading to a current holding of 640,031 BTC, valued at nearly $80 billion [3] - Strategy is the largest corporate holder of Bitcoin globally, surpassing other companies and even the U.S. government in Bitcoin holdings [4] Market Position - The company has pioneered the concept of corporations holding Bitcoin long-term, inspiring over 100 digital asset treasury companies to adopt similar strategies [5] - Strategy's stock price has been trading at a premium compared to its Bitcoin holdings, although this premium has decreased recently [8][9] Financial Performance - While Strategy's stock has increased nearly 2,000% over the past five years, Bitcoin's price has risen by 950% during the same period [7] - As of now, the market valuation of Strategy is approximately $95 billion, closely aligning with the value of its Bitcoin holdings [9] Industry Challenges - Critics argue that digital asset treasury companies should trade below the value of their crypto holdings, raising concerns about the sustainability of this business model [10] - Some Bitcoin treasury companies have faced stock price declines, leading to speculation about consolidation in the industry, which could impact competition for Strategy [11] Recent Trends - In 2025, Strategy's stock performance has stagnated, with only a 13% increase for the year, while Bitcoin has risen by 30% [13] - Investors face a choice between investing in Bitcoin directly or in proxy stocks like Strategy, with the long-term outlook favoring direct Bitcoin investment [14]

Core Insights - Wall Street is entering earnings season with reports from major financial institutions such as Wells Fargo, Goldman Sachs, Citigroup, Bank of America, Morgan Stanley, and JPMorgan expected [1] - Despite a significant sell-off on Friday, there is an expectation that the market's multi-year rally is not over [1] Earnings Reports - Earnings season begins on Tuesday with Blackrock, Wells Fargo, and Goldman Sachs reporting; all three have performed well this year and are not heavily impacted by the trade war [3] - Johnson & Johnson and Domino's Pizza will also report on Tuesday, with expectations for Johnson & Johnson to have the best quarter in its sector, while Domino's may miss estimates [4] - On Wednesday, Bank of America, Morgan Stanley, and Abbott Laboratories will report; Morgan Stanley has shown positive results recently, and Abbott is considered reliable [4] - Thursday will see earnings from Taiwan Semiconductor, CSX, and Charles Schwab, with positive figures expected from Taiwan Semiconductor, which supplies chips to Nvidia and AMD [6] - American Express and SLB will report on Friday; American Express shares typically decline post-earnings, while SLB management is known for transparency [7] Market Context - The week is complicated by a sharp decline in Treasury yields, which usually indicates better economic conditions ahead, but current sentiment is negative [2] - Salesforce's annual conference begins on Monday, and clarity on President Trump's new tariffs on China is anticipated, following threats of a significant increase in tariffs on Chinese imports [2]

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  Enterprise software sales through hyperscaler cloud marketplaces are set to increase more than five times, from $30 billion in 2024 to $163 billion by 2030, according to research from Omdia published Monday. The exponential sales growth reflects enterprise adoption of marketplace procurement, as well as increased agentic AI sales.  Enterprise customers are eng ...

Group 1 - The article does not provide any specific content related to company or industry analysis [1]

Core Viewpoint - Zeta has announced an agreement to acquire Marigold's Enterprise Software Business, indicating a strategic move to enhance its offerings and growth potential in the enterprise software sector [1][2]. Group 1: Acquisition Details - The acquisition of Marigold's Enterprise Software Business is expected to provide growth opportunities and accretive metrics for Zeta [2]. - The announcement was made during a conference call featuring key executives from Zeta, including the Co-Founder and CEO, David Steinberg [1][2]. Group 2: Financial Outlook - The call included forward-looking statements regarding Zeta's financial outlook and business plans related to the acquisition [2].

Acquisition Overview - Zeta Global has reached a definitive agreement to acquire Marigold's enterprise software business [1, 19] - The total consideration is up to $325 million, with $200 million ($100 million in cash and $100 million in stock) paid at closing, and up to $125 million paid three months post-close subject to adjustments [25] - The acquisition is expected to close by the end of 2025 [25] Marigold's Enterprise Software Business - Marigold's enterprise software business includes Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow [19] - It serves 20 of the top 100 advertisers and over 100 global enterprise brands [19] - The acquired business has >90% subscription revenue in FY25 [17, 25] - The acquired business's cost of revenue (COR) was <30% in FY25 [17, 25] Financial Impact and Guidance - The transaction is expected to be accretive to Zeta's adjusted EBITDA and FCF in 2026 [25] - Expect ~$190 million revenue contribution in 2026 with mid- to high-teens adjusted EBITDA margin [25] - Zeta reaffirms its 3Q'25 revenue guidance of $327 million - $329 million, representing 22%-23% year-over-year growth [27] - Zeta reaffirms its FY'25 revenue guidance of $1,258 million - $1,268 million, representing 25%-26% year-over-year growth [27] - Zeta reaffirms its FY'25 Free Cash Flow guidance of $140 million - $144 million [27]