Rubenslash

@buccocapital They staffed half of the IT department at one of the telcos I consulted at. It’s their business model..

I am just now hearing that Accenture has 800,000 employees. I cannot believe it. What in tarnation?

@sv_techie Altimeter may have sold the bottom here.

I could be wrong, $CPNG wants to get to $20 and if it gets there, it should head to mid 20s. The fine overhang is done. Korea is doing well and hopefully semis-gold rush should help.+

@SleepWellTrung Another reason is the AI frenzy resulting in the market selling non-AI quality stocks.

Sea Limited $SE and Mercado Libre $MELI have approached my 6 years of ownership. In this period, I have experienced two major stock declines. While the first was broad-based due to the post-COVID hangover, the second and current one is more driven by a new, elevated reinvestment cycle as both lock horns in Brazil. The two positions constitute over 50% of my net worth, so I write from a very biased but very critical and long-term point of view.

@the_zack_zhu @MikeFritzell @firstadopter I got a local phone number to pay with Line. Spent a month there, worth the trouble.

@MikeFritzell @firstadopter And don’t expect any good beef noodle shop accept credit cards 🤣🤣🤣🤣

Pro tip. Get physical cash for Taiwan trips. Already had a Burger King and a red bean dessert place inside a train station deny my U.S. credit card. The red bean one hurt.

@davey_juice It’s like SaaS in 2021, trading on narratives and vibes. You can’t explain 50-60x revenue rationally.

$alab up a casual 85% in the past month 60B A bit ridiculous unless market knows something we don't know

@sv_techie Only the Nebius cult really believes DDOG is getting disrupted by Clickhouse.

For those who said $DDOG is getting eaten by clickhouse and AI wave...worth reading this.

@davey_juice I remember when they were guiding for 2B $ revenue by 2023. Still doing 1.2B $ annually.

Old enough to remember when $zi was a fan favorite on here

@MikeFritzell I am an IBKR customer but I honestly can't believe that such a large platform still doesn't offer access to half of the Asian markets..

So many opportunities in Thailand. If you don't have trading access, you're missing out.

@GabGrowth @Philip51479248 GoTo -5% today, muted reaction considering 100% Indonesian exposure.

@Philip51479248 My guess is 1) nobody knew, 2) they weren't allowed to discuss it. Gojek which is arguably worst hit from this reported earnings last week and had no mention of this. This is not a Grab-specific issue.

$GRAB reports Q1 2026 earnings AH today Here's what I'm watching: 1. Indonesia's 20%->8% commission cap reduction On Friday, it was announced that Indonesia had signed the 8% commission cap on ride-hailing apps, with mandatory accident and health insurance on top. Prabowo explicitly framed this as protecting drivers being "squeezed by the global energy crisis", meaning the oil shock and the regulatory action are the same story. This will be the first we're hearing from management on this. If management quantifies the impact and was clearly aware of it, it would be a good sign, for instance "we've been engaging with the government on this and have projected a fixed % hit from this, but can make up for it in other segments". 2. Oil Prices Fuel costs are up massively in the past few months and even before the cap, driver supply was tightening. More colour here on how the costs will be distributed (subsidies by govt etc) would be very helpful. 3. Guidance Reiteration Management guided for $4.04-4.10B revenue and $700-720M adj. EBITDA for FY2026. In view of recent events, it would be good to see management reiterate guidance. 4. Buyback Status Grab announced a $500M buyback program in Feb this year before authorising an accelerated $400M share repurchase program ($250M accelerated share repurchase and $150M contingent forward purchase) as part of the original plan. Management will likely give updates on the status. 5. GFin Trajectory Management guided for H2 2026 breakeven for GFin. Loan book growth has been the bright spot, but consumer credit during a stagflationary shock is double-edged. I would watch the trends in loan book growth and management commentary on breakeven. 6. FoodPanda Taiwan Update The FP Taiwan deal was announced in March and apart from a statement, we haven't heard from management on this. I would look out for a regulatory status update, signal that Uber is in the know (does Dara remain on Grab's board?) Also, does Grab have mobility/fin services ambitions in Taiwan? Personally, I would prefer they avoid mobility.

@GabGrowth I have a small position in $TIGR, definitely interested. It's getting competitive there, especially if Grab will also enter the space with Stash.

$HOOD With its imminent entry to Singapore, would a review of all the brokerages in Singapore be of interest? It is actually a pretty competitive space here, with ironically the most successful players employing the low/zero-fee commission model pioneered by $HOOD.

@LiorShemesh4 @CarsonTalkMoney 1/ GDP growth in the region is & will be higher than US/Europe. 2/ Emerging Financial Services with higher margins. Uber doesn't have an equivalent. 3/ Large cash position. 4/ Lower AV risk. 5/ Earlier in TAM penetration: 6% of population vs. Uber's 17%. $GRAB

@CarsonTalkMoney $GRAB trades at a P/S premium to $UBER despite lower or similar growth, way lower margins, weaker moat, and a worse economic area? Not a bear case, but why would one buy it over $UBER?

Give me your $GRAB bear case I enjoy when other people challenge one of my highest conviction stocks, so I would love to here your best bear case

@davey_juice Why sell at a 3-year low? That bearish ZS or to reduce margin?

$zs growth has dropped to low 20s, meanwhile p.e at a whopping 0. My covered calls will expire worthless today after I've made tons of money rolling covered calls for 3 years or so. Will either sell a majority or all of shares once I can either AH today or pre market Monday. Sold a bunch at the highs but got stuck holding a bunch as growth slowed and sentiment shit the bed and profits still having come

@bobspaysubstack The ADR is green today.

My guestimate is $ADYEN will be down tomorrow on pre-announced Q1 FXN net revenue growth of 20%, which is at low-end of an already 'disappointing' 20-22% guide introduced last quarter. Also doing a deal that looks to bolster their agentic commerce capabilities. €750MM for a business expected to generate 'approximately' €60MM in ARR by the 'end of this year' growing 30-40%. Maybe I'm a pessimist (being an investor in payments and fintech has made me that way), but I'm not sure any of this will be reassuring for a market that's already questioning this company's ability to set guidance and deliver a shareholder-friendly capital allocation/return policy. I added to $ADYEN this morning, may look poorly timed by tomorrow.

@amitisinvesting Once the AI CAPEX/hardware trade is over, software will catch a bid due to sector rotation. Timing uncertain.

at what point does the SaaS selloff stop happening? or if you are a software company, do you have to just demolish earnings to keep your premium? this is the 5th time this year that $NOW is taking a meaningful decline but today it’s taking down all of software with it getting exhausting but feels like the new normal for SaaS companies that arent showing explosive growth

@ContrarianCurse @Brian_Stoffel_ He sold NOW and is looking for confirmation bias.

Consider the margin compression. Right now, 50% of new revenue is NON-SEAT BASED Great, right? Except, cost of good sold grew 44% while revenue grew 22% Subs gross margins contracted 360 basis point y-o-y

@jaebuttlucky Why moving away from MNDY? Too expensive?

I don’t see a world where $MNDY lasts long term. From personal experience, we’re already actively working on ways to get off the platform and find alternatives, some we’re now building ourselves. Enterprise won’t just move overnight, but that cient pool will slowly thin out over time imo. And it’s not like they’re irreplaceable. There’s already plenty of alternatives. 🐻‍❄️📉

@ryan_c_walsh Samsara, Rubrik, Zscaler, Toast

Seller AI confidence scores (are sellers bullish/bearish on AI's impact on the company, 1-5 scale): CRM: 3.9 Gartner: 1.9 ZoomInfo: 3.5 Docusign: 3.5 MongoDB: 4.2 Okta: 4.1 ServiceNow: 3.8 Workday: 3.5 Atlassian: 2.8 Name a well known sales org and I'll share their score... Also: "Unlocking RepVue Alt Data Signals via Claude" - if you're a professional investor and want to understand how to extract alpha with alt data, register here: us02web.zoom.us/webinar/regist…

@GabGrowth Indo, Malay and SG are easy with V/MA. But Vietnam, Thailand and Cambodia were a struggle. It's a very useful feature for travellers.

$GRAB This is why the GrabPay for Travel feature that was just announced last week is so key. Through this feature, any credit card can be used to pay via local QR codes anywhere in SEA. Again, this is another step towards making Grab an all-in-one app, enabling travellers to rely solely on Grab. The ability to scan any QR code (whether it be PromptPay in Thailand, DuitNow in Malaysia or PayNow in Singapore) is a unique product addition that I believe travel-focused card players like Revolut, Wise and YouTrip don't possess today. In fact, this is similar to Alipay's cross-border QR network which already allows Chinese tourists to pay via Alipay QR across SEA. Grab is building the SEA-native version of that.

@davey_juice SNOW interesting here too. One of the few that are accelerating revenue growth. I know SBC concerns but it's going down quickly now as % of revenue (SBC up 7% YoY last year) and fundamentally it appears to be an AI winner.

Added to $rbrk 42.6, $now 82

@ReneSellmann Focus on affordability is key. The penetration is low because disposable income in the region is low. Product day today again released new features that should grow the MTU's.

Think $GRAB is already "too big"? Think again. Monthly transacting users represent only ~6% SE Asian population. That’s a 94% untapped market with a huge growth runway ahead. And then there's the opportunity in high-margin advertising! Read the deep dive 👇🏻