
Birkin bag smashes auction records at $8.2 million

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Gartner, Inc. (IT): A Bull Case Theory
We came across a bullish thesis on Gartner, Inc. on Value investing subreddit by tomlerr. In this article, we will summarize the bulls' thesis on IT. Gartner, Inc.'s share was trading at $229.00 as of August 8th. IT's trailing and forward P/E were 14.12 and 20.45, respectively according to Yahoo Finance. photo by Business-laptop-campaign-creators on Unsplash Gartner (IT), a leading research and advisory firm known for its Magic Quadrant and Hype Cycle frameworks, provides businesses and governments with strategic technology insights through research, consulting, and conferences. It is a trusted source for analysis across areas such as cybersecurity and cloud computing, maintaining a strong market position and consistent cash flow generation. Recent weakness in the stock has been driven by market concerns over two primary risks: a potential slowdown in future government IT consulting spending and the longer-term threat of artificial intelligence commoditizing Gartner's core research and advisory services. The fear is that AI tools could automate and undercut some of the premium advisory work that forms the backbone of the company's revenue. However, with the price-to-free cash flow ratio at just over 10, valuation appears compelling relative to its quality and resilience. If the anticipated headwinds from government budget tightening and AI disruption prove less severe than currently feared, Gartner could see a meaningful re-rating. Its entrenched client relationships, high renewal rates, and intellectual property suggest it retains significant competitive advantages that may be difficult for AI to replicate in the near term. This dynamic sets up a potential rebound scenario where the market has over-discounted the risks. Given its stable cash generation and established brand, the current share price may offer an attractive entry point for long-term investors seeking exposure to a technology thought leader at a value-oriented multiple, provided the structural threats remain manageable and cyclical pressures ease. Previously, we covered a on Gartner, Inc. (IT) by Bulls On Parade in March 2025, highlighting its dominant market position, resilient subscription model, and disciplined capital allocation. The stock has depreciated ~46% since, as AI disruption and weaker government IT spending fears weighed on sentiment. Tomlerr shares a similar view, emphasizing valuation-driven rebound potential if these risks prove overstated. Gartner, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 51 hedge fund portfolios held IT at the end of the first quarter which was 57 in the previous quarter. While we acknowledge the potential of IT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Geek Wire
2 days ago
- Geek Wire
New filing: T-Mobile lays off 121 employees in Washington
(Photo by Mika Baumeister on Unsplash) T-Mobile laid off 121 workers in Washington state, according to a filing with the Washington state Employment Security Department posted on Friday. GeekWire previously reported on T-Mobile's layoffs earlier this week. The Bellevue, Wash.-based wireless carrier did not provide details about number of workers impacted but said the cuts affected employees within its IT organization. T-Mobile employed about 70,000 people as of Dec. 31, 2024. The company has nearly 8,000 employees in the Seattle region, according to LinkedIn. T-Mobile, which recently closed its acquisition of UScellular's wireless operations, reported $17.4 billion in services revenue for its most recent quarter, up 6% year-over-year, and net income of $3.2 billion — up 10% and a quarterly record. Its stock is up more than 30% in the past 12 months. Oracle and F5 also recently laid off workers in the Seattle area.


Time Business News
2 days ago
- Time Business News
Hermès Authentication Service: Ensuring Authentic Luxury
In the world of luxury fashion Hermès Authentication Service stands out as a symbol of timeless elegance, superior craftsmanship, and exclusivity. Owning a Hermès item—whether it's a Birkin bag, Kelly bag, scarf, or watch—is not just about having a high-end product; it's about possessing a piece of art with an impeccable heritage. However, the luxury market is fraught with counterfeit products that mimic the style and branding of Hermès, making authentication services vital for buyers, sellers, and collectors alike. In this article, we explore the significance of Hermès authentication services and what makes them indispensable in today's luxury marketplace. Luxury brands like Hermès are frequent targets for counterfeiters due to their high resale value and iconic status. As the market for pre-owned luxury goods grows, so does the risk of acquiring fake products. Counterfeit Hermès items range from poorly made knock-offs to highly sophisticated replicas that can deceive even seasoned buyers. This increasing prevalence of fakes makes it essential to verify the authenticity of any Hermès product before purchase or sale. Hermès Authentication Service refers to the professional process of verifying whether a Hermès item is genuine or counterfeit. This service is often provided by experts who specialize in Hermès products and have extensive knowledge of the brand's craftsmanship, materials, hardware, stitching techniques, serial numbers, date stamps, and other distinguishing characteristics. The goal is to provide buyers and sellers with confidence in the authenticity and provenance of their Hermès pieces. While some buyers may feel confident in identifying authentic Hermès items themselves, the nuances involved often require expert knowledge. Authentic Hermès products feature unique craftsmanship details that counterfeiters may overlook or poorly replicate. For example, the stitching on a genuine Birkin bag is perfectly aligned, using a saddle stitch technique done by hand. The leather quality, color consistency, hardware engravings, and even the font on Hermès stamps are precise and consistent across authentic items. Professional authenticators can detect subtle discrepancies that reveal counterfeit goods, protecting customers from fraudulent transactions. This expertise also safeguards sellers by proving the legitimacy of their products, enhancing resale value, and building buyer trust. Authentication services typically follow a thorough multi-step process:Visual Inspection: Experts examine the item closely, assessing leather texture, stitching quality, logo placement, hardware finish, and and Serial Code Verification: Hermès items often have date codes or blind stamps that can be cross-referenced with official brand data. Authenticators verify these codes to confirm manufacturing dates and Analysis: The type and quality of leather or fabric used are uses specific leathers such as Togo, Clemence, Epsom, and exotic skins, all with unique Examination: Authentic Hermès hardware is crafted from precious metals or high-quality materials. Each piece often bears engraving or brand-specific with Reference Pieces: Authenticators compare the item with known authentic examples from trusted sources or databases. Benefits of Using Hermès Authentication Services For buyers, authentication services offer peace of mind when purchasing pre-owned Hermès goods from private sellers, online marketplaces, or luxury consignment stores. It ensures that the significant investment they are making is protected and justified. For sellers, having an authenticated product enhances credibility and allows them to command higher prices. It also reduces the risk of disputes and returns from buyers questioning the item's authenticity. Collectors and enthusiasts benefit from authentication by maintaining the integrity of their collections and ensuring their investments retain value over time. Not all authentication services are created equal. When selecting a Hermès authentication service, it's important to choose a reputable company or expert with proven experience and positive customer feedback. Look for services that provide detailed reports, clear photographs, and guarantees or refunds in case of misidentification. Many luxury consignment platforms, specialized boutiques, and independent authenticators offer Hermès authentication. Some even provide online authentication through high-quality photos, while others require physical inspection of the item. Technology is playing an increasing role in the authentication of luxury goods. Artificial intelligence and machine learning algorithms can analyze minute details in product photos to detect inconsistencies that human eyes might miss. Blockchain technology is also being explored to create immutable records of authenticity for luxury items. Hermès itself has taken steps to combat counterfeiting by introducing security features and unique identifiers on its products, which may eventually integrate with authentication services for more seamless verification. Hermès Authentication Service products are not just luxury items—they are investments that can appreciate over time if well cared for and authenticated. Using a reliable Hermès authentication service is essential for anyone involved in buying, selling, or collecting these coveted pieces. Authentication protects against fraud, preserves brand integrity, and helps maintain the value of Hermès goods for years to com TIME BUSINESS NEWS