Autodesk, Inc. (NASDAQ:ADSK) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Simon Mays-Smith - VP, Investor Relations Raji Arasu - Executive Vice President and Chief Technology Officer Unidentified Company Representative The exciting announcement. Simon Mays-Smith I have got two. So one is I have to read you a safe harbor statement, apologies for that. So we may make forward-looking statements during the course of this presentation. Please refer to our ...

ServiceNow, Inc. (NYSE:NOW) Goldman Sachs Communacopia + Technology Conference Call September 11, 2024 1:50 PM ET Company Participants William McDermott - Chairman & CEO Conference Call Participants Kasthuri Rangan - Goldman Sachs Kasthuri Rangan All right. All I ask is, are we ready for GenAI to move to the application layer in the bottom of the NASDAQ, I don't know, 2002, September, October, I forget. NASDAQ thousand stocks that did 8x multiples, not on revenue and earnings. The world feels like it's comi ...

Peloton Interactive, Inc. (NASDAQ:PTON) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Liz Coddington - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan All right. I think in the interest of time, we're going to get going with our next fireside chat. It's my pleasure to welcome the team from Peloton Interactive here. I'm going to have a fireside chat with Liz Coddington, CFO. Liz, thanks so much for being ...

Charter Communications, Inc. (NASDAQ:CHTR) Goldman Sachs Communacopia + Technology Conference September 11, 2024 12:30 PM ET Company Participants Chris Winfrey - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Okay. Good morning, everybody. I'm Jim Schneider. I'm the telecom analyst here at Goldman Sachs. It's my pleasure to welcome Charter Communications’ CEO, Chris Winfrey, to the stage today. Welcome, Chris. Thanks for being here. Chris Winfrey Thanks for ...

Zscaler, Inc. (NASDAQ:ZS) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Jay Chaudhry - Chairman and CEO Remo Canessa - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Daniel Church - Goldman Sachs Gabriela Borges All right. We will kick it off. Good morning, and thanks for joining us at the Zscaler session at the Goldman Sachs conference today. I'm Gabriela Borges, I cover security here at Goldman. Delighted to have on stage with ...

Workday, Inc. (NASDAQ:WDAY) Goldman Sachs Communacopia + Technology Conference September 11, 2024 12:30 PM ET Company Participants Carl Eschenbach - CEO Conference Call Participants Kasthuri Rangan - Goldman Sachs Gili Naftalovich - Goldman Sachs Kasthuri Rangan How many of you know somebody who's been a CEO, COO and a venture capitalist in their lives. Do you know anybody? Carl Eschenbach No, I don't. And I'm not sure who's crazy enough to do all. Kasthuri Rangan That's our next guest, Carl Eschenbach, CEO ...

Carrier Global Corporation (NYSE:CARR) Morgan Stanley’s 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Christopher Snyder - Morgan Stanley Cedar Ekblom - Morgan Stanley Christopher Snyder All right. Thanks, everybody. We got Carrier here today. Chairman and CEO, Dave Gitlin; CFO, Pat Goris. Dave is going to start off with some prepared remarks before we hop into the Q&A. David Gitlin Well, ...

Pinterest, Inc. (NYSE:PINS) Goldman Sachs Communacopia + Technology Conference September 11, 2024 11:10 AM ET Company Participants Bill Ready - CEO Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan All right. I think we're going to get started. Let me just make sure everything's working technology-wise, yes, okay. The mic is working. So it's my pleasure for our first fireside chat for me for the day to have the team from Pinterest here as part of the conference. We've got Bill Ready, ...

Macro Perspective * **Inflation and Economy Cooling**: Blackstone believes inflation and the economy are cooling, with inflation at target levels and labor markets softening. * **Resilience and Deceleration**: The overall economy is cooling but remains resilient, with decelerating revenue growth and resilient margins. * **Cautiously Optimistic for Soft Landing**: Blackstone is cautiously optimistic about a soft landing, with flat private sector job growth and neither significant hiring nor layoffs. * **Rate Environment**: The fair value of the 10-year Treasury yield is important for capital markets and Blackstone's business, with current levels being constructive. Blackstone's Business * **Transaction Environment**: The transaction environment is improving, with signs of the return of animal spirits and a potential robust 2025 in terms of activity levels. * **Deployment**: Blackstone has deployed or committed over $50 billion in the second quarter and $90 billion over the three quarter period, with $181 billion of dry powder. * **Realization**: Realization activity is expected to benefit from the improving transaction environment, although near-term scale dispositions are not yet robust. * **Fundraising**: Blackstone is excited about the near-term pipeline of growth, including new strategies and sectors where they have had extraordinary performance. Growth at Scale * **Scale as a Friend**: Blackstone believes scale is a friend and creates advantages for performance and growth. * **Digital and AI Infrastructure**: Blackstone is the largest financial investor in AI infrastructure globally, with significant investments in data centers in the U.S., Asia, and Europe. * **Private Markets Potential**: Private markets are still early days, with enormous potential for growth. * **Traditional Institutions**: Traditional institutions are growing allocations to private markets, particularly in areas like private credit. Credit and Insurance * **Private Credit**: Private credit is a growing market with significant potential, and Blackstone is well-positioned to capture this opportunity. * **Insurance**: Blackstone is the largest non-captive manager of alternative assets for insurance clients, with a $211 billion platform and significant growth potential. Real Estate * **Cyclical Recovery**: The real estate market is in a cyclical recovery, with asset values stabilizing and increasing. * **Investing**: Blackstone has deployed or committed over $20 billion in real estate this year, with a focus on secular themes like logistics, rental housing, and data centers. * **Portfolio Construction**: Blackstone's real estate portfolio is well-positioned to benefit from the recovery, with a strong sector selection and portfolio construction. Infrastructure * **Global Market**: Infrastructure is a global market of incredible importance and attractive growth. * **Perpetual Strategy**: Blackstone's perpetual strategy, BIP, has crossed the $50 billion milestone, with significant potential for further growth. * **FRPR Process**: The FRPR process will crystallize significant fee-related performance revenues in the fourth quarter and beyond. People and Culture * **Long-Term View**: Blackstone takes a long-term view and focuses on building an enduring institution with a focus on quality and excellence. * **Opportunity and Meritocracy**: Blackstone offers open-ended, uncapped career opportunities to all employees, regardless of tenure. * **Performance and Innovation**: Blackstone's culture is a culture of both performance and innovation, with a focus on being good at investing and also good at innovating and growing. Technology and AI * **Data and AI**: Blackstone believes private markets are advantaged by data and AI, with the ability to leverage insights and learnings from their private portfolio. * **Technology Strategy**: Blackstone's technology strategy focuses on making the firm more productive operationally and harnessing data better for revenue generation. * **AI Infrastructure**: Blackstone sees significant opportunity in using its scale platform to be a significant capital solution provider to the most important players in a transformational time.

Honeywell International Inc. (NASDAQ:HON) Morgan Stanley's 12th Annual Laguna Conference September 11, 2024 10:35 AM ET Company Participants Vimal Kapur - Chairman & CEO Conference Call Participants Christopher Snyder - Morgan Stanley Christopher Snyder Well, thank you everybody, for being here. I'm super excited to be here. And no better way to kick off the 12th Annual Laguna Conference with Vimal Kapur, Chairman and CEO of Honeywell, the largest U.S. industrial company by market cap. So you've been in the ...