All Reports

Last night, CoreWeave, priced its closely watched IPO at $40 per share, which was below the originally proposed range of $47-55, The company also issued 37.5mm shares under the ticker CRWV (36.59mm in a primary…

We think recent news flow of increasing pick-up and drop-off fees that are added on to rideshare trips at certain U.S. airports bears watching since we assume these fees are ultimately passed on to consumers…

There has been a flurry of announcements out of Maplebear, d/b/a Instacart (CART; $40.17; E/W) in recent weeks, that highlight how it continues to deploy new large language models (LLMs), AI and machine learning (ML)…

This morning, Corning (GLW; $47.60; O/P) added to its track record of regularly innovating around its cover glass solutions with the announcement of a new cover glass material, as per the introduction of Gorilla Glass…

We reviewed the S-1 filings from CoreWeave, a specialized cloud service provider (CSP) for high-performance artificial intelligence (AI) and machine learning (ML) workloads, ahead of its proposed IPO under the ticker CRWV for listing on…

Yesterday, Bloomberg reported that an activist investor had taken an investment position in Lyft (LYFT; $12.49; O/P) and was engaging with the company in recent weeks to “express concerns” about the stock price, strategic positioning,…

This morning, Mobileye Global (MBLY; $16.33; E/W) disclosed its first new win of 2025 when Volkswagen (VOW.DE; €102.15; NR) announced it is partnering with MBLY and Valeo (FR.FR; €10.19; NR) to enhance its advanced driver…

This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of February, which were right around average seasonal trends including some relatively solid battery electric and hybrid electric…

The shares of Micron Technology (MU; $94.72; O/P) dropped a somewhat surprising 8% on Friday after the company produced some upside with FQ2 (Feb) results and signaled that its FQ3 (May) outlook was marginally better…

We reiterate our Outperform and $180 target on the shares of Jabil (JBL; $145.58; O/P) after the company produced a healthy “beat and raise” with its FQ2 (Feb) results that also seemed to fairly recognize…

Jabil (JBL; $139.48; O/P) reported FQ2 (Feb) “core” non-GAAP EPS of $1.94, which beat our $1.82 and the Street’s $1.83 on better-than-expected sales of $6,728mm (vs. our $6,425mm and the Street’s $6,408mm). Recall, JBL’s FQ2…

Yesterday (3/19), we hosted investor meetings for Plexus (PLXS; $127.26; E/W) that included CEO Todd Kelsey plus Mike Running, President, Americas and Shawn Harrison, VP of IR. Overall, management seems to still be basing its…

We reiterate our Outperform on the shares of Corning (GLW; $47.27) after attending its Investor Event at the New York Stock Exchange yesterday where we heard presentations from and chatted offline with senior management, led…

This morning, Fabrinet (FN; $224.91; O/P) announced it entered into a transaction agreement with Amazon (AMZN; $198.89; NR), which, among other things, includes the issuance of a warrant by Fabrinet to Amazon. More importantly, we…

We think Corning’s (GLW; $45.40; O/P) Investor Day, which is in New York next Tuesday (3/18), can prove a positive catalyst for the stock, especially with it still down 16% since 1/22. We think the…