Love this - spent the better part of our $FIG call today on this point.

I get a lot of things wrong... but listening to the $MNDY call and folks freaking out over all the things we have been banging the drum on for the past year...

You probably don't cover the $MNDY short until narrative shifts to them being an "AI Loser"

Here is part of the note we published post $MNDY 4Q24 earnings on 2/11/2025. Takeaway: Staying short... guidance better than feared but upside is limited, growth slowdown coming and the stock is priced for perfection - we don't believe MNDY is the second coming of HubSpot or

While the recent discussions around $MNDY and the impact of $GOOGL SEO /AI changes on their marketing funnel and conversion rates have sparked a lot of heated debate, I believe the reaction is somewhat overblown. Don't get me wrong—it's a legitimate concern that warrants

Broader industry players like Microsoft (with Copilot in Teams/Planner) or Salesforce are already leaning in heavily, blurring the lines between CRM, project management, and AI orchestration. So while the SEO hiccup is worth monitoring, it's a distraction from the bigger

We just published our weekly $RBLX data note: Our DAU-correlated metrics showed w/w declines for 8/4-8/10, but smaller drops vs. same period last year. This relative seasonal outperformance drives a slight uptick in our Q3 DAU forecast → now 141.7M

WATCH | From Fidelity to Hedgeye: Sam Rahman’s Playbook for Performance 🔊 Veteran portfolio manager Sam Rahman Sam Rahman spent 15+ years at Crosby Advisors, the Fidelity family office. He worked directly for Founder/Chairman Ned Johnson, managing a multi-billion-dollar

Yesterday Andrew Freedman, CFA 🦅 and I presented our updated work on $RBLX adding it to the Active Long side of our position monitor in lieu of our weekly data note. The data we are tracking continues to come in strong and our DAU estimate for Q3 ticked to 142.7m

And so it begins... The Hedgeye A-League Draft NFL Fantasy Football Yahoo Fantasy Sports Jonesy Bennett Cheer Check out some of the people Mucker's Men have to beat!

Yahoo's fantasy football AI predictor is clearly still in beta

$FIG this thing going to the $40s where it belonged in the first place? Nick Balch

$ORCL RPO ex-OpenAI was $155B (vs consensus $154B) or 56% YoY I realize thinking like this doesn't add much value because OpenAI did happen and the $$$s are there... But the size/concentration does make you question 1) the margin $ORCL is getting on the $300B and 2) the

🏌️ This Year's "Silent Auction" is NOW LIVE! The Hedgeye Cares Charity Golf Challenge helps support children and families in need with a special focus on scholarships, youth sports, and community programs. Some incredible items up for grabs! (a thread)🧵

🚨 Our "Silent Auction" is NOW LIVE! 🚨 Join us in helping support children and families in need with a special focus on scholarships, youth sports, and community programs with the Chelsea Piers Foundation. Bid on incredible items, experiences, and even a portfolio coaching

***LONG $SNOW +40% UPSIDE

In our weekly Metaverse tracker for $RBLX our Q3 DAU estimate ticked down slightly to 144.3m. Key element for the week was a return to W/W growth after several weeks of declines in the data we track. Trends looking strong into the last full week of the quarter.

Some thoughts going into OpenAI DevDay tomorrow… The next phase of software is “prompt to production.” Software won’t be written in the traditional sense… 5+ years from now it’ll be requested. Enterprises and consumers will increasingly describe what they want, and the

Join us in wishing a very happy birthday to the one and only Bob Rich!! For over a decade, our talented cartoonist has been bringing smiles and laughter to people at Hedgeye and around the world. We couldn’t be more grateful for him! 🎉

I’m actually starting to get more bullish software… Dev tools, auth, security, hosting, CI/CD, CDNs, observability… Always thought that AI is a TAM multiplier, but seeing the virality over something like clawd (which btw is NOT that incremental compared to existing agentic