Geronimo ElApache

Wall Street’s SaaSpocalypse (4.0 Now!) is the most expensive delusion of 2026. I didn't think I would have to write this out but given the current Stock drop on $NOW , it seems appropriate. Truthfully, I have never been in pure SaaS stocks besides $ADBE and $CRM for a short term years ago. Now, with the current re-rating from over 200$ per share to below 90$, this deserves my attention - and probably other investors too. The whole panic thesis still assumes generative AI lowers the barrier to entry so drastically low, that Fortune 500s will fire all their SaaS vendors and build custom software with prompt engineers. Let's actually audit $NOW (ServiceNow) to dismantle this mathematically and see if there is any merit to it. 1. Massive Enterprise Liability: LLMs are probabilistic engines. In mission-critical Tech, hallucinations can and will break systems. The more you have worked with AI, the more familiar this is to anyone reading this. Equipping an entry-level developer with AI does not magically forge a master architect. Nor does it neutralize the immense gravity of legacy enterprise code. A sprawling architecture so complex that even the senior engineers who built it are usually terrified to alter it. Unrestricted AI is a liability; governed AI can be a weapon. 2. Architectural Gravity: You don't rip out the operational nervous system of a global enterprise with a custom ChatGPT wrapper. ServiceNow’s moat isn't just code; it's decades worth of compliance, security, and integration logic. Rebuilding that foundation requires an army of top-tier engineers. This structural moat applies equally to giants like $MSFT and other Software stocks. The barrier to entry hasn't fallen; the complexity of orchestration has exponentially increased. 3. The Physics of Compute: AI tokens burn massive capital. If you have scaled API infrastructure yourself, you know that token consumption obliterates budgets instantly. Even worse so at enterprise scale. The foundational API providers (Anthropic, OpenAI) simply do not possess data center capacity to support this. Even now, Anthropic is already putting restrictions on newer Models because they simply cannot service everyone, despite saying otherwise. ServiceNow already commands this infrastructure on optimized hyperscaler rails. ServiceNow Chairman and CEO Bill McDermott's first sentences in the last earnings report were: "Since our founding, we’ve built our platform around the work customers need to accomplish. Today, they rely on ServiceNow to be their AI control tower for business reinvention." -> Enterprises demand an orchestration layer and $NOW is delivering. Despite this, algorithms just wiped 16% off the stock over noise. Look at the actual Q1 reality: • Remaining Performance Obligations (RPO) hit a staggering $27.7 Billion (+25% YoY). Enterprises aren't leaving; they are locking in for the next decade. • Now Assist AI customers spending >$1M surged 130% YoY. • The price collapsed to $86 at the time of writting. Against $4.17 Fwd 2026 EPS, the Forward P/E drops to 20.6x. • Against a 20%+ Forward EPS CAGR, the PEG compresses to a flawless 1 (assuming they can keep up their EPS growth). The workflow Software monopolies aren't dying. They are evolving into the ultimate AI toll-bridges. $NOW extracts the tax on the enterprise deployment of AI. Compute is physically so constrained by HBM memory (Check out my $SKHynix thesis), enterprises are forced to rely on highly efficient, centralized platforms like $NOW to orchestrate their workflows. Sooner or later, this negative Sentiment will pass - at least for $NOW. Are you buying the Dip? Data & Chart by @fiscal_ai

Bitcoin continued to build up last week, making a new recovery high of $78,344. The rally off the $60,033 low could still be described as a bear flag (not unlike the bear market rally last fall), but my sense is that Bitcoin continues to build a large base here in preparation for the next major up wave.

@TechLayoffLover wake the fuck up- sure, and then what?

BREAKING Microsoft is quietly pushing “voluntary” retirement packages to as many as 8,750 US employees right now — that’s 7 percent of their entire American workforce. Age plus years of service hits 70 and you get the soft knife. At the exact same time they’re flooding the system with H-1B visas like it’s an all-you-can-hire buffet. Over 83,000 labor condition applications since 2015 alone. The script is always the same: “No qualified American is available for these roles.” Yet the Americans they’re gently escorting out the door were doing those exact jobs yesterday. Now Microsoft execs are getting death threats and have gone full fortress mode. Redmond campus looks like a goddamn war zone. Extra armed security. Executive parking locked down. Leadership suddenly “working remotely from secure locations.” Sources say Satya Nadella’s inner circle has private security details that rival heads of state. One VP hasn’t left his Bellevue compound in weeks. Microsoft spent more on executive protection this quarter than they’ll pay out in these “voluntary” packages. The same company that can automate entire orgs can’t keep its own leaders from hiding in panic rooms while former employees circle the buildings. One 19-year Microsoft veteran told me he got the package last week after running Azure infrastructure teams. Now he sees the exact same headcount being backfilled with fresh H-1B hires at half the loaded cost. They’ll tell you no American can do what you do… right until the day they hand your domain to a visa worker who smiles and nods for less money. If you’re at Microsoft and your age + tenure is creeping toward that magic 70 number… wake the fuck up. That “voluntary” email isn’t a golden parachute. It’s the signal they’re clearing the deck for the next H-1B wave while executives hide behind armed guards from the people they just fucked over.

Under the directives of the President of the UAE, we launch a new government model. Within two years, 50% of government sectors, services, and operations will run on Agentic AI, making the UAE the first government globally to operate at this scale through autonomous systems. AI is no longer a tool. It analyses, decides, executes, and improves in real time. It will become our executive partner to enhance services, accelerate decisions, and raise efficiency. This transformation has a clear timeline. Two years. Performance across government will be measured by speed of adoption, quality of implementation, and mastery of AI in redesigning government work. We are investing in our people. Every federal employee will be trained to master AI, building one of the world’s strongest capabilities in AI-driven government. Implementation will be overseen by Sheikh Mansour bin Zayed, with a dedicated taskforce chaired by Mohammad Al Gergawi driving execution. The world is changing. Technology is accelerating. Our principle remains constant. People come first. Our goal is a government that is faster, more responsive, and more impactful.

Peter Thiel buying in Buenos Aires 🇦🇷… most people will think it’s random it’s not the Southern Cone is one of the most compelling long term plays right now

BREAKING: The DOJ has arrested a special forces soldier who made $400,000 betting on the removal of Venezuelan President Nicolas Maduro, according to ABC. Federal investigators say the soldier bet more than $33,000 just hours before Trump announced Maduro's capture. The special forces soldier was reportedly directly involved with the capture. "The largest position -- a $32,537 bet that Maduro would be out of office by Jan. 31 -- resulted in a 1,242% profit of $404,222," ABC News reported. "Following his successful trading relating to Maduro- and Venezuela-related contracts, [Gannon Ken] VAN DYKE allegedly sent most of his proceeds to a foreign cryptocurrency vault before depositing them into a newly created online brokerage account. The same day of the operation, VAN DYKE withdrew the majority of his allegedly unlawful proceeds from his Polymarket account..." the DOJ announced. "VAN DYKE, 38, of Fayetteville, North Carolina, is charged with three counts of violating the Commodity Exchange Act, each of which carries a maximum sentence of 10 years in prison; one count of wire fraud, which carries a maximum sentence of 20 years in prison; and one count of an unlawful monetary transaction, which carries a maximum sentence of 10 years in prison."

Introducing USVC - a single basket of high-growth venture capital, for everyone. No accreditation required, SEC-registered, and a very low $500 minimum. Includes OpenAI, Anthropic, xAI, Sierra, Crusoe, Legora, and Vercel. As USVC adds more companies, investors will own a piece of that too. Liquidity typically comes when companies exit, but we’re aiming to let investors redeem up to 5% of the fund every quarter. This isn’t guaranteed, but if we can make it work, you won’t be locked up like in a traditional venture fund. It runs on AngelList, which already supports $125 billion of investor capital. And I’ve joined USVC as the Chairman of its Investment Committee. — Go back to the 1500s, you set sail for the new world to find tons of gold - that was adventure capital. Early-stage technology is the modern version. It says we are going to create something new, and it’s risky. It’s daring. But ordinary people can’t invest until it’s old, until it’s no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line. This problem has become farcical in the last decade. Startups are reaching trillion dollar valuations in the private markets while ordinary investors have their noses up to the glass, wondering when they’ll be let in. Investing in private markets isn’t easy. You need feet on the ground. You need judgment built over years. Most people don’t have the patience to wait ten or twenty years for an investment to come to fruition. But there is no more productive, harder-working way to deploy a dollar than in true venture capital. USVC enables you to invest in venture capital in a broad, accessible, professionally-managed way, through a single basket of innovation, focused on high-growth startups, at all stages. It is how you bet on the future of tech: the smartest young people in the world, working insane hours, leveraged to the max, with code, hardware, capital, media, and community. Your dollar doesn’t work harder anywhere. There is an old line - in the future, either you are telling a computer what to do, or a computer is telling you what to do. You don’t want to be on the wrong side of that transaction. USVC lets you buy the future, but you buy it now. Then you wait, and if you are right, you get paid. Get access here: usvc.com

many such cases…

still so early...Bitcoin, gold and competitive currencies youtu.be/wfzHC7Pf2fk?si… via @YouTube

🇺🇸 Michael Saylor said: “If I get 7.5% of the network, it’s $10,000,000 a coin.” “We’d top out at 7.5% and then slow down.”

How was @saylor able to buy $2.5B of Bitcoin this week? @adam3us explains $STRC to @TheBlockCo 👇 "It's a proposition bet. I need $ to buy BTC. Lend it to me at 10%. Then buy BTC b/c it's gone up 60% in 10 years. Even if it decays, it's a good arbitrage." Full 📺 in the 🧵

Roy Lee got kicked out of Columbia University for posting a video of himself cheating an Amazon interview using his software and raised $5,000,000 in 24 hours “I record myself using interview coder to cheat on literally the entire process I record it I post it online and it starts going viral” “an Amazon executive sees the video they’re pissed and they send Columbia a letter saying your kid just cheated on our entire interview process posted online now he’s selling this software you need to expel him or we’re never gonna hire from Columbia anymore” “by the time I do that I’m posting everything on Twitter and there’s so many VCs in the valley that I raised like $5 million in like 24 hours”

Remember when they screamed bitcoin mining would boil the oceans? Data Center load in ERCOT is projected to be 25 times greater by 2032 and not a peep.

Bitcoin price recently crossed Strategy’s average acquisition cost of $75,527. There’s little noise or doomsday commentary like there was on the way down. That's because the metric ultimately doesn't matter. What matters is whether each acquisition was accretive to bitcoin per share. Almost all were.

Strategy has acquired 34,164 BTC for ~$2.54 billion at ~$74,395 per bitcoin and has achieved BTC Yield of 9.5% YTD 2026. As of 4/19/2026, we hodl 815,061 $BTC acquired for ~$61.56 billion at ~$75,527 per bitcoin. $MSTR $STRC strategy.com/press/strategy…

JUST IN: MORGAN STANLEY'S BITCOIN WALLET IS PUBLIC Morgan Stanley's $MSBT (now holding 1,348+ $BTC) now has a PUBLIC Bitcoin wallet that you track in real-time. - Arkham

Impossible to blockade Bitcoin.

In 2017, Morgan Stanley said 'Bitcoin's true value could be zero.' This week, Morgan Stanley celebrated the launch of its Bitcoin ETF — its most successful ETF launch ever.

Hmm

@Strategy Why not daily? Streaming money…

Strategy is proposing to pay semi-monthly dividends on $STRC, instead of monthly. No change to the annual dividend obligations or dividend rate. These proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand.