MarkETR

it's close - neck 'n neck - In December 2017, Long Island Iced Tea Corp. rebranded to Long Blockchain Corp. to focus on blockchain technology, causing its stock to soar by nearly 300%. While continuing its beverage business, the micro-cap company sought to invest in digital currency technology during the 2017 crypto frenzy. The move was later investigated for fraud, and the firm was delisted.

$BIRD is selling its brand and footwear assets renaming itself NewBird AI and using a new $50M convertible facility to pivot into AI compute infrastructure by buying GPUs. Going from selling wool sneakers to chasing AI compute might be one of the wildest pivots this cycle.

i was there at 445am, thru security at 6am for a 730am flight. yes, line was long but it moved. interestingly every check point was manned by a TSA agent, security check machines all in and working with agents. group in front of my had a 2pm flight - conclusion media hesteria is half the problem

TSA LINES AT JFK AIRPORT THIS MORNING 👇

@jimcramer in the next phase of AI (inference vs training) memory is more important than GPUs

Western Digital is now a $100 billion company. And to think that my fund owned 4.9% of it. But that was ages ago. Odd that it and seagate and micron can keep climbing and Nvidia is stalled..

In this week's @theallinpod @altcap and @chamath debated AI economics and ROI - is enterprise AI already creating real value, or is much of the spending still experimental? Based on ETR's recurring AI Product Survey of 600 enterprise IT decision makers, the data supports a bit of both sides. What we see: • ~50% say AI value > cost today • 43% of orgs are still in early exploration, only ~14% report advanced AI maturity • Most reported ROI is still modest (1–25%) • The largest expected financial impact from AI: cost efficiency / margin improvement, not revenue growth One clear production use case: developer productivity - coding copilots are already delivering measurable gains. Bottom line: AI is moving beyond pure experimentation, but enterprise ROI today is still early and mostly efficiency-driven, not yet a broad revenue engine.

Domo ($DOMO): highest quarterly billings highest gross retention rate 2x y/y operating margin Strong momentum in org pushing into AI

how rude of me- if you'd like to join me. BYOB. etr.ai/request-a-free…

Sorry, honey, I have a date tonight with 152 ITDMs & 350+ write-in responses (and a bottle of red):

@jimcramer meh - $50b says 'I'm a no growth company'. Might as well LBO CRM as this disruption plays out, double down on Data Cloud and building out the 'plumbing' of AI vs trying to get Agentforce Agents to a scale in which they drive growth.

We have a terrific piece out on Salesforce. I know that commerce, Tableau and marketing were weak and AgentForce can't yet make up for it, but it will. Marc Benioff talked about a huge buyback an he will fund it with debt. Look out above!

Q: Agentforce is now ~$800M annualized and growing rapidly, but still ~2% of revenue and ~10% of growth. At what ARR level does Agentforce begin to meaningfully reaccelerate overall company growth — is that a $2B, $3B, or $4B business in your view? And when doe you expect to get there?

I have Marc Benioff from Salesforce.com on tonight!!!

In our latest AI Product Series, 86% of enterprise technology leaders expect AI budgets to increase over the next 12 months. For investors, the question is not whether AI spend is growing — it is where dollars are concentrating, which products are converting from evaluation to purchase, and where embedded AI is driving real stickiness. Download the summary at etr.ai/aiproductseries

@JSpitTrades I sent a high conviction idea out to clients that IGV won't be down Monday. feel free to sign-up to my substack for other timely ideas.

Bear flag in $IGV? Or start of a bottoming process?

One of the wildest takeaway from this Global 2000 spending chart isn’t @AnthropicAI hitting its stride and starting to set the pace… or Google just calmly doing Google things… or even OpenAI cooling off while still a dominant position. No, no. It’s Llama. Llama went from “Hey, I’m keeping pace with Anthropic” to “Has anyone seen Llama?”

@Crussian17 customers concur - spending intent 'ramping' for $BRZE and not so for $KYVO

$brze is a much higher quality $kvyo. Been sold to hell for no reason after two seq accelerating q’s. Cheap as hell

it seems of late a 'new' factor has hit software. last year+ AI infra/Semi vs Software (seems well known) entering '26 and a 'sector' specific (ie within Tech) factor but now this Agg/energy vs software ... hard asset vs soft asset, short-duration vs long duration is a much biggest market (vs sector) related pressure. how does a sector analyst try to frame that other than software is uninvestable?

LIQUIDATION NATION mid 2/11: * $U / $FRSH + COWORK Windows back to nuking SOFTWARE* **jobs print hot for inflation** *Semis v Software largest intraday spread EVER at +850... so far* **BTC back to puking** Stat of day: Energy is now beating SaaS by +50% to start the year... largest spread... EVER... Manage risk... the rolling blow ups continue. *AGG v Software below... wow-ee

scene from 'anyfund USA' over the last 3 days in software? instagram.com/reel/DUhW0PTFJ…