Tim Beyers

Any of the slowing growth concern you?

There are still operating losses here?

Or are you with Dave?

Is this one that you find particularly compelling?

I like that you went very Cold War there on the, you know, watching the agents.

You have the Americans and the Soviets each trying to turn each other's other spies here.

But you know what?

That is the nature.

I mean, it very much is in the AI agent world here.

You're going to have a lot of bad actors that are targeting those agents.

Let me give you something to watch here, fools.

Something they mentioned during the quarter, it's pretty small now, but if there is outperformance here, it'll be something to watch.

Zscaler is among the many companies that is now offering its customers the ability to pay a bucket of money to use any service you want at any time you want it.

They call that program ZFlex.

That accounted for $175 million in total contract value in the most recent quarter.

That was up 70%.

quarter over quarter.

So, something to watch there.

But let's move on to Workday, which has dramatically underperformed the market.

Again, ticker WDAY, about 30% year-to-date.