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Dan Ives Calls Microsoft 'Scottie Scheffler Of Software' Ahead Of Earnings — Says Satya Nadella-Led Cloud Giant Is Firing On All Cylinders In AI Boom
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Wedbush Securities analyst Dan Ives compared Microsoft Corp. (NASDAQ:MSFT) to world No. 1 golfer Scottie Scheffler ahead of the tech giant's fourth-quarter earnings release Wednesday after market close. What Happened: 'We expect more good news next week from Redmond as Nadella & Co. will deliver another robust quarter driven by the AI Revolution,' Ives wrote on X Friday. 'The Scottie Scheffler of software is firing on all cylinders as this cloud stalwart is front and center as the core AI enterprise foundation.' The comparison references Scheffler's dominant performance in professional golf. The 29-year-old American has held the world No. 1 ranking for over 100 weeks and won four major championships, according to the Official World Golf Ranking. Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics— Microsoft trades at $510.80, with analysts setting a consensus price target of $551.07 based on 30 ratings. Citigroup issued the highest target at $613 while JPMorgan set the lowest at $475 in May. Ives maintains an Outperform rating with a $600 price target, calling it 'probably conservative.' He projects Microsoft will join Nvidia Corp. (NASDAQ:NVDA) in the $4 trillion market cap club this summer, with potential for $5 trillion within 18 months. Why It Matters: The Redmond-based company faces scrutiny over workforce decisions. Vice President JD Vance criticized Microsoft for laying off 9,000 American workers while increasing H-1B visa applications. CEO Satya Nadella addressed the cuts in an employee memo Thursday, saying the decisions 'weigh heavily' on him. Despite layoffs, Microsoft expanded its AI team by hiring approximately 24 employees from Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) DeepMind division. Ives expects over 70% of Microsoft's installed base to adopt AI functionality within three years, potentially adding $25 billion in revenue by fiscal 2026. Microsoft allocated $80 billion in capital expenditure guidance for fiscal 2025 to expand data center capacity and capitalize on AI demand trajectory. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image via Shutterstock This article Dan Ives Calls Microsoft 'Scottie Scheffler Of Software' Ahead Of Earnings — Says Satya Nadella-Led Cloud Giant Is Firing On All Cylinders In AI Boom originally appeared on
Yahoo
17 minutes ago
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Larry Ellison to Hold 35.5% of Family's Voting Rights in New Paramount, National Amusements After Skydance Merger Closes
Upon closing of Paramount Global and Skydance Media's $8 billion merger, Oracle co-founder and chairman Larry Ellison will hold a minority voting interest of approximately 35.5% in the combined company. When Skydance first submitted its broadcast license transfer application to the FCC in September, the initial filing stated that the Skydance investor consortium would hold 100% of the equity and voting interests in National Amusements Inc., the holding company for Paramount's controlling stake. More from TheWrap Larry Ellison to Hold 35.5% of Family's Voting Rights in New Paramount, National Amusements After Skydance Merger Closes Paramount-Skydance Merger Expected to Close Aug. 7 As FCC Clears Paramount-Skydance Deal, All Eyes Are on Rebuilding the Media Giant As Skydance-Paramount Merger Closes, the 'South Park' Trump Takedown Shows the Fight Is On | Analysis Pinnacle Media, a group of three ventures formed 'as special-purpose vehicles to hold the Ellison family's interest in NAI and Paramount,' was set to control approximately 77.5% of such interests, while RedBird Capital Partners was expected to hold the remaining approximately 22.5%. The move signaled that the elder Ellison was poised to have a large role in New Paramount. But that was later amended in October, with Skydance stating that David Ellison would control 100% of the family's voting interest as its 'sole manager.' Now, according to the final order released by the Federal Communications Commission on Thursday, another amendment was made to Skydance's application on July 16, which states that the younger Ellison will grant Sayonara LLC, which is controlled by the elder Ellison through a revocable trust, a voting interest equal to approximately 35.5%. Meanwhile, Pinnacle Media will grant the younger Ellison 64.5% of its respective voting interest in NAI. In accordance with the voting percentages, David Ellison and Sayonara will have the right to designate the Ellison family directors of NAI and New Paramount. The amendment notes that Sayonara will not have any 'veto rights, or any special or outsized voting rights,' in NAI or New Paramount as a result of the minority voting interest. It added that the changes were being undertaken for 'the sake of efficiency and cost savings at New Paramount.' Under the two-step deal, Skydance is set to acquire controlling shareholder Shari Redstone's holding company National Amusements, which controls 77.4% of the Paramount Class A common stock outstanding and approximately 9.5% of the overall equity of the company, before merging with the Hollywood studio. The deal provides $2.4 billion for Redstone, $4.5 billion to non-NAI Paramount shareholders and an additional $1.5 billion in new capital to help pay down debt and recapitalize the company's balance sheet. Larry Ellison is providing $6 billion in financing for the deal, while the remainder will come from RedBird. Skydance's consortium of investors will control 70% of shares outstanding. The combined company will have an enterprise value of $28 billion, while Skydance is being valued at $4.75 billion. David Ellison will serve as New Paramount's CEO, while Jeff Shell will serve as president. Redstone will exit Paramount's board of directors and Paramount co-CEO Chris McCarthy will exit the company following the deal's closing. The company's stock will also begin trading on the Nasdaq under the ticker symbol PSKY. Shares of Paramount closed down 1.58% at $13.05 apiece on Friday. The stock is up 13.8% in the past year and 23% year to date. As of the end of Friday's trading session, Paramount has a market capitalization of $9.19 billion. The post Larry Ellison to Hold 35.5% of Family's Voting Rights in New Paramount, National Amusements After Skydance Merger Closes appeared first on TheWrap.
Yahoo
17 minutes ago
- Yahoo
Pan-United's (SGX:P52) investors will be pleased with their fantastic 357% return over the last five years
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Pan-United Corporation Ltd (SGX:P52) stock is up an impressive 269% over the last five years. Also pleasing for shareholders was the 69% gain in the last three months. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Pan-United managed to grow its earnings per share at 15% a year. This EPS growth is lower than the 30% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that Pan-United has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Pan-United the TSR over the last 5 years was 357%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective It's good to see that Pan-United has rewarded shareholders with a total shareholder return of 118% in the last twelve months. And that does include the dividend. That's better than the annualised return of 36% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - Pan-United has 1 warning sign we think you should be aware of. We will like Pan-United better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
