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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Falling Knives
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Author: ajm101 ✭  😊 😞
Number: of 1198 
Subject: Big tech (ESTC, PSTG, OKTA)
Date: 08/29/24 10:30 PM
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No. of Recommendations: 5
It's not all of big tech, but seems worth mentioning.

ESTC is down 25% after hours. Okta was down over 17%, Pure Storage over 15%. That is on top of a day reminiscent of the dot com times with Nvidia being down over 6% after they reported a beat.

I only have a position in Okta, but that's just because I know that modern society would collapse surprisingly quickly without them. I'm mostly kidding. But if don't know much about OAuth or SAML providers, it is tough work, and a lot of companies and products rely on them.
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This community has written 1,188 posts about Falling Knives. The article-length ones it recommended most:
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