Semtech Analyst Day Review
Semtech raised Q3 guidance and targets $3.2 billion of fiscal 2030 revenue, excluding upside from its AI data-center optical and copper interconnect businesses.
Semtech raised Q3 guidance and targets $3.2 billion of fiscal 2030 revenue, excluding upside from its AI data-center optical and copper interconnect businesses.
FT: Big tech giants booked a $160B+ windfall last qtr from investments in other AI companies. $GOOG, $AMZN, $NVDA, & $MSFT all had lg boosts to their pre-tax profits from ‘other income’ in theory P&L, due largely to valuation gains on equity stakes in other leading AI companies
A fun trade I've had in is arbing convertible preferreds. Long $PCGPRX short $PCG, long $QXOPRB short $QXO. Trading below the convertible price while pocketing a nice dividend with cheap financing.
$BMRN up premarket on settlement agreement. I continue to like/own. https://t.co/a6WZ9ksaeH
A formal phase-two strategic review is now underway. Transaction comps imply 10–14x EBITDA versus $PBI’s much lower multiple. Greystone’s conservative value is in the mid-$20s versus ~$16.50, with a deal offering further upside.
AI could pressure $DOX revenue, but also lower delivery costs. If the embedded managed-services franchise holds up, modest growth and buybacks could drive attractive returns without a heroic recovery. The key risk is AI savings flowing to customers rather than shareholders.
9/ $PBI pitch by @GreystoneCap Pitney Bowes owns a sticky postage-meter installed base and the only national-scale US presort network. The market still treats it as a terminally declining mailing-equipment business.
8/ $DOX pitch by Rewey Asset Management ~7x FCF for mission-critical telecom software priced like an AI casualty. Roughly two-thirds of Amdocs’ revenue comes from long-term managed services built around proprietary billing and customer-care systems that are risky to replace.
Steve Eisman examines AI data-center debt, CoreWeave's tech correction and agentic AI's effect on banks as earnings season begins.
RELX’s 13-petabyte fraud and identity data moat supports its high-margin Risk segment as its valuation falls to roughly half its peak P/E.
OpenAI and Meta push AI agents forward as reward hacking remains a core challenge for model training.
Meta ties AI agents and Meta Connect to its enterprise-platform opportunity.
Stratechery’s weekly bundle covers Apple HomeView and SpaceX’s cellular ambitions.
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SMWB · long Similarweb (SMWB) is presented as a long, revisiting the company’s digital-intelligence business after two prior VIC write-ups.
Devon Energy’s $4.2 billion Eagle Ford sale concentrates its portfolio in the Permian, lifting capital efficiency and margins despite lower…
CoreWeave’s debt and equity price action is framed as a wake-up call for investors amid a broader market discussion.
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ASML’s patent filings point to a track-based die-to-wafer hybrid bonding tool that could challenge Besi in advanced logic packaging.
CoreWeave’s 2032 notes yield over 15%, signaling a 54% default probability as borrowing costs exceed rental yields on AI infrastructure…
AppLovin rebuilt its ad model with AXON 2.0, lifting LTM revenue to about $7 billion and margins to 77% as Unity competition threatens…
Dream Finders Homes’ controlling owner borrowed against DFH stock before the homebuilder agreed to finance an acquisition with costly…
ASML reported €11.7 billion in 3Q 2026 sales, up 55%, and raised full-year guidance to €44–45 billion as AI-driven semiconductor demand…
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