All Reports

This morning, the European Automobile Manufacturers Association released new car registration data from the region for the month of July, which was somewhat below seasonal trends. Registrations also included some weaker battery electric vehicle (BEV)…

This morning, Uber Technologies (UBER; $72.60; O/P) announced a new strategic partnership with autonomous vehicle (AV) technology provider Wayve to ultimately deploy Wayve-powered AVs on Uber’s rideshare and delivery network in “multiple” markets globally. As…

We bump up our F2025/F2026E (Apr) EPS for NetApp (NTAP; $131.91; E/W) from $6.90/$7.75 to $7.15/$8.00 after a solid FQ1 (Jul) EPS beat drove some incremental confidence in the company’s full F2025E EPS guidance. Specifically,…

NetApp (NTAP; $131.91; E/W) reported FQ1 (Jul) non-GAAP EPS of $1.56, which was ahead of our $1.47 and the Street’s $1.45, on some sales upside ($1,541mm vs. our $1,538mm and the Street’s $1,526mm) and better…

We checked retail channel prices yesterday (8/27) for hard disk drives (HDDs) and solid-state drives (SSDs), which we measure on a Dollar per Gigabyte basis ($/GB). Our checks suggested HDD retail prices are up meaningfully…

On Tuesday (8/27), we checked U.S. retail prices on popular full-HD (1080p) and 4K Ultra High Definition (UHD 2160p) LCD TV models. Our survey turned up some mixed retail pricing dynamics, which is not too…

We think FQ2 (Jul) results and outlook from ChargePoint (CHPT; $1.84; E/W), scheduled for Wednesday, September 4th (after market), come with a relatively high degree of difficulty given all the moving pieces in recent months…

Last night (8/22), Uber Technologies (UBER; $73.31; O/P) announced a multi-year strategic partnership with General Motors’ (GM; $46.46; NR) Cruise unit whereby it will deploy autonomous vehicles (AVs) on Uber’s network. This agreement builds on…

This morning, Flex (FLEX; $31.92; O/P) announced that its Anord Mardix business, which is focused on a range of power solutions for cloud and traditional data centers, as well as some other industrial applications, opened…

We reviewed Western Digital’s (WDC; $65.03; O/P) recently filed 10-K for the fiscal year ending June 28th, 2024. Most importantly, WDC did not offer up any new disclosures in the filing on its pending spin-off…

We think the risk/reward skews somewhat positive for the shares of NetApp (NTAP; $133.25; E/W) into its FQ1 (Jul) results and outlook next Wednesday (8/28 after market), albeit with puts and takes for investors to…

We see a favorable risk/reward for the shares of Dell Technologies (DELL; $111.53; E/W) into its FQ2 (Jul) results and outlook next Thursday (8/29 after market). Admittedly, the stock is now up 27% just since…

This morning, Advanced Micro Devices (AMD; $155.28; NR) announced plans to acquire privately held ZT Systems, which designs, assembles, integrates, and tests servers, storage, plus other data center components, as part of a primary focus…

We reiterate our Outperform and $50 target on the shares of Corning (GLW; $40.26) after hosting a virtual investor meeting with Ann Nicholson, Vice President of Investor Relations, on Wednesday (8/14). Most importantly for us,…

Recent news flow out of Maplebear, doing business as Instacart (CART; $32.01; E/W), provides further support for the idea that the company is enabling a wider range of avenues for deepening relationships with existing retail…