SOC
Sable Offshore Corp.
stock NYSE

$SOC dropping why ?

is SOC yoloblae?

SOC buy opportunity?

SOC anyone?

SOC having a rough day, down 47% 🙉🙉🙉

Sable Offshore Corp. Announces Proposed Offerings of Common Stock and Convertible Senior Notes - SOC

It really gets to the core of whether the businesses are inherently flawed due to the advent of AI and don’t have vertical integration to use AI services to save them.
QLYS. TENB. RPD. Mythos and frontier models are absolutely disrupting this space. And CrowdStrike and others were already putting pressure on the traditional vulnerability scanners.
Debt laden IT services companies. ACN will struggle but they are cash heavy. Any others that have debt and are handling big 5 tasks: cloud computing, SOC, help desk, data analysis, software development. They’ll still be needed but the margins are going to be compressed as so much of the manpower becomes automated through AI-based services. If any have debt today, they are going to struggle to make the pivot.
PYPL. This should be a value trap. But at today’s price it could also be a healthy cigar butt. AAPL and GOOGL will likely own this space as time goes on. But Venmo is still used extensively because other applications aren’t as universal. And PayPal could get a reprieve as I see AAPL losing the tap-to-pay closed ecosystem to government regulation in the same way that Microsoft lost on the embedded browser. Competition could be forced by governments around the world before PayPal fully loses its client base.
What I don’t see being a value trap:
ADBE. It’s margins will be pressured but AI is not going to replace the vertically integrated creator studio. And alternatives are not integrated enough end-to-end. Could they fail to properly pivot? Yes. But they have all of the opportunity to continue to make billions.

I was told, $SOC should be good with what's happening in middle east. Turns out - opposite!