All Reports

This morning, Uber Technologies (UBER; $72.95; O/P) announced a multi-year strategic partnership with autonomous robot and vehicle technology provider Avride to ultimately deploy Avride-powered autonomous delivery robots and vehicles on Uber’s rideshare and delivery network….

This morning, Jabil (JBL; $118.97; O/P) announced that the company acquired, for undisclosed terms, privately held Mikros Technologies, which engineers and manufactures liquid cooling solutions for a range of applications that includes not only now…

Yesterday (10/1), Lyft (LYFT; $12.51; O/P) announced that its Media division, which is the company’s dedicated media and advertising business, expanded its suite of measurement and targeting capabilities in a move aimed at providing its…

Earlier today, NetApp (NTAP; $121.31; E/W) announced it is expanding on its partnership with Google Cloud by integrating additional data storage and services into the Google Distributed Cloud architecture, which management previously hinted at during…

Last week, DoorDash (DASH; $142.14; E/W) introduced a new suite of products aimed at helping merchants manage and expand their businesses. We think this announcement provides further support for the idea that the company is…

Recent news flow out of Corning (GLW; $44.67; O/P) provides further support for the idea that the company is well positioned to continue to re-purpose its glass manufacturing assets towards the production of newer and…

We are reducing our rating on the shares of Aptiv (APTV; $72.01) from Outperform to Equal-Weight and cutting 2024/2025E EPS from $6.35/$7.70 to $6.10/$7.00 (vs. consensus of $6.24/$7.80) over our concerns that rising tariffs, particularly…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $149.58) after hosting a virtual investor meeting on Wednesday (9/25) with CEO Terrence Curtin, CFO Heath Mitts, and Aaron Stucki, President, Communications Solutions. Most…

We reiterate our Outperform on the shares of Jabil (JBL; $126.65) after it provided a solid F2025E (Aug) outlook on the back of beating FQ4 (Aug) expectations, where the common threads were further free cash…

Jabil (JBL; $113.43; O/P) reported FQ4 (Aug) “core” non-GAAP EPS of $2.30, which was ahead of our $2.23 and the Street’s $2.22 on better-than-expected sales ($6,964mm vs. our $6,631mm and the Street’s $6,586mm). As illustrated…

We raise F2025E (Aug) EPS for Micron (MU; $95.77; O/P) from $8.00 to $8.40 after the company produced solid FQ4 (Aug) EPS upside ($1.18 vs. our $1.12 and the Street’s $1.11) combined with an FQ1E…

This morning (9/25), Dell Technologies (DELL; $119.69; O/P) introduced Dell AI for Telecom, which is a program focused on simplifying and accelerating artificial intelligence (AI) deployments for communications service providers. We think this announcement provides…

This morning, Uber Technologies (UBER; $77.44; O/P) added yet another in a recent series of technology partnerships that seem aimed at accelerating a path to commercializing the deployment of autonomous vehicles (AVs) on its network,…

This morning, NetApp (NTAP; $122.64; E/W) posted a series of new product and partnership announcements that followed up nicely on yesterday’s CEO keynote from its Insight user conference and were consistent with prior “hints”. Importantly,…

Yesterday, we attended NetApp’s (NTAP; $122.92; E/W) Insight user conference in Las Vegas where we joined the company’s Financial Analysts Session before listening in on a keynote from CEO George Kurian, who was joined on…