Latest news with #Dotcom
Yahoo
09-06-2025
- Business
- Yahoo
Macro strategist explains why it's a good time to own Russell 2000
-- In a note to clients on Monday, Evercore ISI analysts argued that despite recent struggles, "universally unloved Small Caps" are now in a "So Bad, It's Good" tactical position, making it an opportune time to buy the Russell 2000. Small Caps have been particularly impacted by tariffs and uncertainty, suffering as "Price Takers, not Price Makers," said Evercore. They note that the year-to-date performance through May ranks among the weakest since 1990, extending an underperformance streak approaching Dotcom troughs. However, Evercore ISI suggests that with trade uncertainty potentially peaking, the current "cratered sentiment intersects with favorable June seasonality." They explain that historically, the "Small Size reliably outperforms" in June, coinciding with the annual Russell Index Rebalance. This trend is expected to be amplified in 2025, given strong historical reversion in years with similarly weak year-to-date Size factor returns. Beyond this tactical opportunity, the longer-term case for Small Cap outperformance rests on "attractive valuation vs. Large Cap," a "cutting Fed," and "potential Policy (Trade/BBB legislation) catalysts." Evercore ISI recommends buying IWM (iShares Russell 2000 ETF) for broad exposure. Additionally, they screen for "Small Size, Big Alpha" stocks – Russell 2000 companies exhibiting "Strong Sentiment and High Profitability." They also suggest pairing these investments with "Set It and Forget It" SPY Option Hedges ahead of potential summer volatility. The analysts note that a recent rally in stocks following Trump-Xi talks and a solid Jobs report has eased earlier concerns. 'With SPX at 23x 2025e EPS, selectivity (positioning, options hedges) is key,' concludes Evercore. Related articles Macro strategist explains why it's a good time to own Russell 2000 Tesla downgraded as 'uncertainty abounds' Echostar stock sinks amid bankruptcy considerations
CNBC
03-06-2025
- Business
- CNBC
53-year-old's career survived the Dotcom tech crash—her advice for people working in AI now: ‘Don't be a fraud'
Growing up, Gabrielle Heyman, 53, did not know what she wanted to do with her life. "I thought that I wanted to be in film when I was younger because I'm from L.A. and I have family in film," she says. "But then when I tried it, I found people were just really mean," especially to those in the assistant positions she was taking. It was while working as an assistant at CBS in 1998 that she decided to apply for a job at the company doing sales for online campaigns. "It was the dawn of the internet," she says, "so they were just building their internet ad sales team." The people were nicer, it turned out, and she found she had a knack for sales. Heyman continued to build her career with roles at Electronic Arts, Yahoo and BuzzFeed. Today, she serves as vice president of global brand sales and partnerships for video game developer Zynga. Despite her eventual success, those early days of the World Wide Web were tenuous. Here's how Heyman survived and her advice for anyone starting in a brand-new field — like today's budding AI. There was a lot of hype around the internet when Heyman started her career. The 1990s saw lots of investment in internet-based companies, but beginning in 2001, when many of those companies ultimately failed and shut down, the Dotcom bubble burst. As many as 168,395 tech jobs were cut that year alone, according to outplacement company Challenger, Gray & Christmas. "I was sure I was going to be laid off in the Dotcom crash," she says. She was working at Electronic Arts by then, which cut 250 jobs in October 2001. "And I wasn't laid off." Heyman believes what helped her hold onto her job was being both good at and passionate about what she was doing. You have to "know your s---" in these moments, she says. "Don't be a fraud." When industries are the zeitgeist, many people flock to them to try to capitalize on the boom. That includes entrepreneurs creating businesses with no clear path for profitability, she says. The draw is the opportunity to cash in rather than their genuine interest in making something that works, she says. When demand for that field levels out and some of those companies fold, "there's a lot of riff raff cut out," she says of the people who aren't genuinely interested — taking many jobs with them. To survive in a new field — like AI, for example — you have to care about it. That means reading articles, "being up on what clients are doing, playing with the technology yourself," Heyman says. And be discerning about who you're interviewing with. "Look at how the company is investing in long-term talent, infrastructure and leadership," she says, adding that, "it's often easy to spot the difference between companies chasing trends and those building for the future."
Otago Daily Times
29-04-2025
- Business
- Otago Daily Times
Dotcom staying at Mosgiel mansion, denies purchase
The large home on the outskirts of Mosgiel reportedly bought by Kim Dotcom and his family. Photo: Supplied Internet entrepreneur Kim Dotcom has moved into one of Mosgiel's grandest homes as he continues his recovery from a stroke, but denies he has bought the property. In a text to property website OneRoof, Dotcom said he would be staying at the house until June. OneRoof also confirmed the property's title had not changed hands. The 51-year-old German-born businessman normally resides in Glenorchy, near Queenstown, but has spent much of the last six months in the Dunedin area receiving treatment after he suffered a stroke last year. In a post to X (formerly Twitter) earlier this year, he stated that he had some memory loss, speech impairment issues and was also using a wheelchair after the medical event. Mosgiel Community Board chairman and Dunedin mayoral candidate Andrew Simms confirmed the move. "He's right across the road from me," Mr Simms said. Kim and Liz Dotcom. Photo: Supplied Mr Dotcom had some "significant health issues" and Mr Simms understood he needed to be close to a hospital. "We wish him all the best in respect to his recovery. We're pleased the house has been sold and that the family's moving in. "I would expect the entire community to be welcoming of that." The home has a valuation of $2.8 million and was designed by renowned architects Mason & Wales and built in the 1980s. The property includes an in-ground heated swimming pool and change rooms, housed in a conservatory style building next to the home. It was described in the property listing as "one of the most admired properties in the Dunedin/Mosgiel area" and sits on more than 2ha of land. The property includes a large indoor swimming pool. Photo: Supplied Dotcom, a former CEO of file-sharing website Megaupload has lived in New Zealand since 2010 and has consistently attracted controversy. His Auckland property was raided in 2012 as part of an attempt to extradite him the United States for copyright infringement. Justice Minister Paul Goldsmith signed off on his extradition to the US last year.
Otago Daily Times
28-04-2025
- Business
- Otago Daily Times
Dotcom moves into mansion to be close to hospital
The large home on the outskirts of Mosgiel reportedly bought by Kim Dotcom and his family. Photo: Supplied Internet entrepreneur Kim Dotcom has moved into one of Mosgiel's grandest homes as he continues his recovery from a stroke. The 51-year-old German-born businessman normally resides in Glenorchy, near Queenstown, but has spent much of the last six months in the Dunedin area receiving treatment after he suffered a stroke last year. In a post to X (formerly Twitter) earlier this year, he stated that he had some memory loss, speech impairment issues and was also using a wheelchair after the medical event. Mosgiel Community Board chairman and Dunedin mayoral candidate Andrew Simms confirmed the move. "He's right across the road from me," Mr Simms said. Kim and Liz Dotcom. Photo: Supplied Mr Dotcom had some "significant health issues" and Mr Simms understood he needed to be close to a hospital. "We wish him all the best in respect to his recovery. We're pleased the house has been sold and that the family's moving in. "I would expect the entire community to be welcoming of that." The Dotcom family's new four-bedroom home has a valuation of $2.8 million and was designed by renowned architects Mason & Wales and built in the 1980s. The property includes an in-ground heated swimming pool and change rooms, housed in a conservatory style building next to the home. It was described in the property listing as "one of the most admired properties in the Dunedin/Mosgiel area" and sits on more than 2ha of land. The property includes a large indoor swimming pool. Photo: Supplied Dotcom, a former CEO of file-sharing website Megaupload, has lived in New Zealand since 2010 and has consistently attracted controversy. His Auckland property was raided in 2012 as part of an attempt to extradite him in the United States for copyright infringement. Justice Minister Paul Goldsmith signed off on his extradition to the US last year.
Otago Daily Times
28-04-2025
- Business
- Otago Daily Times
Kim Dotcom buys Mosgiel mansion
The large home on the outskirts of Mosgiel reportedly bought by Kim Dotcom and his family. Photo: Supplied Internet entrepreneur Kim Dotcom has moved into one of Mosgiel's grandest homes as he continues his recovery from a stroke. The 51-year-old German-born businessman normally resides in Glenorchy, near Queenstown, but has spent much of the last six months in the Dunedin area receiving treatment after he suffered a stroke last year. In a post to X (formerly Twitter) earlier this year, he stated that he had some memory loss, speech impairment issues and was also using a wheelchair after the medical event. Mosgiel Community Board chairman and Dunedin mayoral candidate Andrew Simms confirmed the move. "He's right across the road from me," Mr Simms said. Kim and Liz Dotcom. Photo: Supplied Mr Dotcom had some "significant health issues" and Mr Simms understood he needed to be close to a hospital. "We wish him all the best in respect to his recovery. We're pleased the house has been sold and that the family's moving in. "I would expect the entire community to be welcoming of that." The Dotcom family's new four-bedroom home has a valuation of $2.8 million and was designed by renowned architects Mason & Wales and built in the 1980s. The property includes an in-ground heated swimming pool and change rooms, housed in a conservatory style building next to the home. It was described in the property listing as "one of the most admired properties in the Dunedin/Mosgiel area" and sits on more than 2ha of land. The property includes a large indoor swimming pool. Photo: Supplied Dotcom, a former CEO of file-sharing website Megaupload has lived in New Zealand since 2010 and has consistently attracted controversy. His Auckland property was raided in 2012 as part of an attempt to extradite him the United States for copyright infringement. Justice Minister Paul Goldsmith signed off on his extradition to the US last year.
