All Reports

Earlier today, Lyft (LYFT; $20.45; O/P) announced a strategic partnership with Tensor that builds on what we think can be its differentiated approach to leveraging autonomous rideshare on the company’s network. The general aim of…

Earlier this week (10/6), Lyft (LYFT; $21.28; O/P) highlighted in a blog post some more innovation aimed at expanding the capabilities of its Lyft Ads business. Recall, Lyft targets its high margin advertising revenues to…

Yesterday (10/7), Maplebear, d/b/a Instacart (CART; $38.88; O/P) announced an interesting new integration with TikTok that enables certain consumer package good (CPG) brands access to CART’s first-party retail media data in order to improve ads…

Yesterday, Dell Technologies (DELL; $150.87; E/W) rolled out an updated long-term financial framework for F2026-F2030E (Jan) at its Securities Analyst Meeting in New York, as per presentations from CEO Michael Dell, interim CFO David Kennedy,…

Last night, Amkor Technology (AMKR; $30.57; E/W) announced that it plans to invest an additional $5B+ in coming years to build out a new semiconductor advanced packaging and test campus in Peoria, AZ, which brings…

This morning, Maplebear d/b/a Instacart (CART; $38.13; O/P) announced a partnership with United Airlines (UAL; $96.75; NR) aimed at offering United MileagePlus members with a range of benefits when they order from CART’s platform. We…

We reiterate our Outperform on the shares of Sanmina (SANM; $142.06) and raise our target from $140 to $170 after Advanced Micro Devices (AMD; $212.68; NR) announced a multi-year, multi-generation strategic agreement with OpenAI whereby…

Yesterday, Segments.ai, a multi-sensor data labeling platform, disclosed in a LinkedIn post that it was acquired by Uber Technologies (UBER; $97.50; E/W) for undisclosed terms. We think this acquisition is aimed at broadening the reach…

We are raising our rating from Equal-Weight to Outperform on the shares of Maplebear d/b/a Instacart (CART; $39.30). We think the 24% decline in the stock since 8/11, including -16% over the past month or…

Earlier today, we listened to brief presentations from a range of executives and senior managers during DoorDash’s (DASH; $271.99; E/W) Dash Forward 2025 Event, including CEO Tony Xu and Chief Operating Officer Prabir Adarkar. Importantly,…

Yesterday (9/29), Corning (GLW; $81.01; O/P) and GlobalFoundries (GFS; $35.75; NR) announced a collaborative effort to develop GLW’s detachable fiber connector solutions (GlassBridge) specifically for GFS’ silicon photonics platform. We note GlassBridge is a co-packaged…

Earlier this week, Microsoft (MSFT; $507.01; NR) announced in a blog post a new strategic manufacturing partnership with Corning (GLW; $78.97; O/P), which is focused on accelerating the production of next generation Hollow Core Fiber…

Yesterday (9/25), the European Automobile Manufacturers Association released car registration data from the region for the month of August, which were basically in line with seasonal averages and included some more positive battery electric vehicle…

The shares of Jabil (JBL; $210.20; O/P) traded down 7% today after the company reported a big FQ4 (Aug) beat with some healthy initial financial guidance for the new F2026E (Aug). Admittedly, the stock has…

Jabil (JBL; $225.28; O/P) reported FQ4 (Aug) “core” non-GAAP EPS of $3.29, which was well ahead of our $2.88 and the Street’s $2.92 on a big sales beat ($8,252mm vs. our $7,500mm and the Street’s…