#finance

I’ve been following the news and doing some financial planning. I’ve been thinking from a net worth perspective instead of just cash flow.

I get that if you’re already a multi-millionaire, instability from a potential layoff doesn’t keep you up at night. I’m curious though, at what net worth did you personally stop fretting much about this kind of risk?

The usual advice is to save up 6 months of expenses in cash, but I’m curious from the asset side.

Is this an OK question to ask here? Just trying to do some planning when the rumors are floating around.

I got my finances in order and ready for layoffs. Anyone know when is the next layoff storms? Or do you know if they are offering volunteer leave with severance?

Wow Bac invests 250 billion on various entities. Also partners with India finance company. Thanks for working your a-s off as the company looks elsewhere . Don’t forget to follow the new RTO rules.

I financed two raptors and a boat. I just got ranked NSI this week...should I still be in the market for a new RV or no?

Centene is looking for a new VP of Finance. Up to $359,800 plus incentives, responsible for headcount planning and finding “inefficiencies.”

The same posting still says “28 million members.” Maybe start with the inefficiency in counting.

https://jobs.centene.com/us/en/jobs/1646844/vice-president-finance-fpa-and-ga/

Here we go again…more net outflows for July! $8.2 billion in outflows.

Chicago City Treasurer Melissa Conyears-Ervin has proposed disbanding the $57 million Catalyst Fund. This action is intended to avert mid-year layoffs for police and fire departments. The fund was established to stimulate development in underserved neighborhoods but never attracted outside investment. Conyears-Ervin believes reallocating these funds is a necessary step to address the city's current financial deficit. She argues that protecting essential city services is a greater priority than maintaining the underperforming fund.

Chicago, Illinois

https://chicago.suntimes.com/city-hall/2026/08/10/city-treasurer-melissa-conyears-ervin-proposal-abolish-chicago-catalyst-fund

https://www.yahoo.com/finance/economy/policy/articles/brazil-bought-5-2-billion-040800200.html

https://www.reuters.com/legal/transactional/intel-launches-15-billion-share-sale-turnaround-rally-lifts-stock-2026-08-10/

Intel said on Monday it was planning to raise $15 billion through a share sale, as it looks to fund the costly build-out ​of its chip contract manufacturing business by cashing in on a stock surge ‌fueled by its turnaround efforts.

Sell now and buy back later!

Fiserv
FISV
Last Price $52.41
My Fair Value Select

New major risk - Financial position
The company's interest payments are not well covered by earnings.

Net interest cover: 3.0x
This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario.

Looks like there are about 88k employees at Fidelity and only about 800 job openings. According to AI stats available online, a company that has over 80k employees should have between 1,600 to 4,000 open positions at any given time. This represents roughly 2% to 5% of the total workforce. Does anyone know why the number is so low for Fidelity? Is this typical in the financial services industry? Just curious!

I subscribe to Beckers. This article is interesting....

https://www.beckershospitalreview.com/finance/centenes-buyouts-could-have-a-315m-price-tag-for-the-rest-of-the-year/

Looking to transition from Merrill to possible portfolio manager 1 position in the private bank. Does anyone know much about PB these days?

Can someone please help me understand how in Q1 we advertised $8 million X identified items with $4 million of trading impact that will be realized at a later date and then we get to Q2 earnings and no one addresses it

Why is the stock price down $8 today? Earnings call? Please explain.

I NEED CASH BABY! Xerox Sells $105 Million in Tariff Refunds For $80 Million in Cash to Pay Off Debt, Stock Rises to $3.45.
(Google this)

What's the recent rumors/news about MSP's for IT or as they call it DT. Also, you finance and accounting folks, the hammer is coming y'all's way too - just be ready.

https://www.efinancialcareers.com/news/remediation-work-banks

Why did Intel's stock drop by $50 over the past month?

It was 140$ now 91.55$ within a month

Pump and dump after cashing out....

I was curious about why the message from Verizon sounded so different from the Wall Street Journal. I asked Google to explain the differences.

"Verizon's official corporate communications emphasize positive operational highlights like subscriber growth and adjusted earnings beats, whereas The Wall Street Journal provides a comprehensive financial evaluation that also factors in declining total revenue and non-operating joint-venture costs.

Verizon's Presentation: Focuses heavily on adjusted metrics, beating subscriber estimates (184,000 net postpaid phone additions), and raised full-year guidance.

The Wall Street Journal's Reporting: Highlights the complete picture, noting that total companywide revenue ticked down slightly year-over-year and quarterly profit was weighed down by significant costs (such as a $746 million loss from a joint venture with BT Group)."

I wonder if the truth lies somewhere between spin A and spin B

Did anyone receive this today? I didn't see anything reflected in my account yet.

I understand senior management milking this whole game of grabbing cash till it is gone. I also understand older employees staying until social security is close. Perks of vacation time and free travel to events must be great for them. But, how is any second tier lien holder of this debt calculating they will get all their money back?
With stock dropping causing loss in investments and the REAL debt being said it would be closer to 9 billion, what bank would possibly feel ok with this?
Could someone explain this? Are there hidden advantages here somehow.

"Form 8-K is a mandatory current report filed by U.S. publicly traded companies with the Securities and Exchange Commission (SEC) to disclose significant, unscheduled corporate events. Companies generally have four business days from the occurrence of a material event to file this form, ensuring investors receive timely updates between annual (10-K) and quarterly (10-Q) reports. "

It was filed yesterday:
https://www.sec.gov/Archives/edgar/data/51143/000005114326000077/ibm-20260722.htm
https://www.ibm.com/investor/financial-reporting

Not sure if this means more bad news is coming or if this was them filing something about the 2Q Earnings that took 25% of the stock. Examples I was given of things that a 8-K is for is a C-suite quitting or being removed, bankruptcy, or the loss of a significant large contract.

It really stings that it was immediately following the earnings call where all the top brass was smiling and sharing vacation plans

how long does it take to cash out your 401k if you quit this place? I need it. Like let’s say you quit during pay cycle, you wait it out and get your last check the next pay period then what? Maybe take 1-3 weeks?

Stephen A. Smith discussed recent ESPN layoffs on his podcast. He expressed unhappiness with the dismissal of NFL analyst Ryan Clark. Smith acknowledged the financial realities facing the company. He stated that such decisions are difficult but necessary. Smith also noted that more layoffs are likely.

New York, New York

https://www.usatoday.com/story/sports/media/2026/07/21/stephen-a-smith-espn-layoffs-reaction/90998482007/

Great news to share! Finance is hiring, not firing. We’re investing in what matters most - people!

https://mycareer.verizon.com/jobs/r-1097514/fpa-sr-mgr/

I've not looked into the annual reports but do we know how this debt is doing given the company has never done so well on paper?

Fair value for aero based on P/E could be as low as 180’s. How does your 401k like them numbers?

I've been trying to understand one part of Oracle's financial story, and I may be missing something.

A lot of discussions seem to assume that Oracle's remaining financial obligations are heavily tied to OpenAI. But why?

Oracle is investing billions into AI data centers. Those data centers are physical infrastructure—land, buildings, power, cooling, networking, GPUs, storage, etc. They aren't assets that can only be used by one customer.

If, for whatever reason, OpenAI reduces its demand or changes its plans, why couldn't Oracle repurpose that capacity for another large AI customer? Anthropic, xAI, another foundation model company, enterprises building their own AI models, or even future customers that don't exist today.

Obviously, there could be short-term impacts. Oracle might have customer-specific contracts, financing commitments, or temporary underutilization until replacement customers are found. I'm not saying there would be zero financial impact.

What I'm questioning is why the remaining financial obligations are sometimes discussed as if they're permanently tied to one company.

To me, the more relevant question is whether Oracle can keep those AI data centers utilized over the long term. If AI demand continues to grow, isn't the infrastructure itself the valuable asset rather than the identity of the first tenant?

I'm not bullish or bearish on Oracle. I'm genuinely trying to understand whether I'm overlooking something from a finance or infrastructure perspective.

Is there something in the financing structure, contractual commitments, or accounting treatment that effectively ties these obligations to OpenAI? Or do you think the market is overstating the customer concentration risk?

Curious to hear what others think.

https://www.ft.com/content/394c33d7-43cb-448e-97da-63fcb2c02b0b

will finance be affected in BR or LM? do we know what groups

IBM's debt grew 5.2 billion dollars in the 3 months leading up to the last report:

https://finbox.com/NYSE:IBM/explorer/total_debt/

R.A. stands for redundant assets, maybe Arvind can sell IBM's trademark and goodwill to raise money.

"IBM goodwill and intangible assets for the quarter ending March 31, 2026 were $89.333B, a 13.86% increase year-over-year."

https://www.macrotrends.net/stocks/charts/IBM/ibm/goodwill-intangible-assets-total

www.reuters.com/business/finance/stripe-advent-offer-buy-paypal-more-than-53-billion-sources-say-2026-07-15/

• Offer represents around 28% premium to PayPal's Tuesday closing price
• Banks committed about $50 billion in financing for the bid
• Stripe and Advent would each hold equal stakes in PayPal

Ouch. I am fairly sure Fiserv still retains the largest build out for IBM.

https://www.cnbc.com/amp/2026/07/09/goldman-sachs-asset-management-deals-verizon-lockheed-martin.html

I know, share price means nothing.