Loading summary
Transcript3 lines
- [00:01]
A
When you're a maintenance engineer in a beverage manufacturing plant, you keep production lines moving and quality on track because there's no room for slowdowns. With Grainger's vast selection of high quality motors, sensors, belts and hard to find parts, you can get what you need fast and all in one place. So nothing gets in the way of getting the job done. Call 1-800-GRAINGER clickranger.com or just stop by Grainger for the ones who get it done.
- [00:30]
B
The this is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is Microsoft is rebounding five quick points and I have to tell you, Microsoft were holders of Microsoft directly in our portfolio. So we are thrilled to see it rebounding again. And it reminded me this year when it's down 2025% on why I should stick to index funds. But at least today the news is better. So here's what's going on with Microsoft. It was it's been the laggard in the Magnificent Seven most of this year. It still may be close to that, but now it's down about 5% year to date versus 25% year to date. And as a Microsoft holder, as I said, I'm thrilled about that. The Stock jumped about 5 1/2% on Friday. It's up again on Monday at least as we record it's up Monday. So it's it's brought itself back from the absolute horrendous shape to much better shape. It's the fourth largest stock out of the large market cap stocks. The five biggest. It's number four. Nvidia is number one, Alphabet's number two, Apple's number three. Microsoft is fourth with the market cap currently of about $3.4 trillion. Simply remarkable. Yes, at one point it was closer up to 3.7 or 4, but God bless it for being back here. No, it's no longer the leader in the market cap stocks, but fourth isn't bad and well above 3.3 trillion. Again. Way above 3 trillion. Again the take home message from Microsoft might be don't bet against Satya Nadella, the CEO. Satya, the Microsoft CEO has had one of the greatest CEO runs in business history. He became CEO in 2014. Then the company is worth about $300 billion. Now it's worth more than $3.3 trillion, close to $3.4 trillion today. And again, Microsoft is quite on the rebound. It's AI Azure business, its core business, moving in the right direction after people being very concerned about the software business earlier this year or until recently. So that's what we're seeing with Microsoft. We're thrilled to see the rebound again. We're a holder, so we're excited about it. Thank you for listening to the Becker Business, the Becker Private Equity Podcast. Always looking for suggestions and things to cover. Feel free to anytime to reach out to Scott Becker. Give us your suggestions, give us your thoughts. We will have one other commentary today. There's all this discussion recently about the Tech Bros being so bad. I don't really get what all this is about. You know, people could hate the development of technology, they could hate rich people, they could hate billionaires. But the Tech Bros, the so called tech Bros. You know, have created so much wealth and so much opportunity for so many over the last decades that that it's really fascinating for me to watch the slamming of the Tech Bros. We'll probably do a separate podcast on that just because it's fascinating to watch this hatred and scapegoating. Thank you for listening to the Becker Business, the Becker Private Equity Podcast
- [03:33]
A
Grainger knows When you're a procurement manager for an office park, you're not managing one building, you're managing all of them. And to stay ahead, you need to see through walls and around corners. Lights about to fail, filters ready to clog. HVAC on its last leg. If you wait until something breaks, you're already behind. Count on Granger for quality products, easy reordering and 24. 7 support. Call 1-800-granger click granger.com or just stop by Granger for the ones who get it done.