In today’s briefing:
- Alphabet’s Big Tech Bets: Quantum, AI, and the Mixed-Reality Fight for Survival!
- Quiddity Leaderboard Hang Seng Internet & IT March 25: 4 Changes Likely, Some Names Have High Impact
- Last Week in Event SPACE: NEC Network, SingPost, Seven & I, CPMC, Exedy
- (Mostly) Asia-Pac M&A: Insignia, Fosun Tourism, GJS/Haitong, Fuji Soft, Dexus Property
- GitLab Inc.: High Adoption & Expansion of GitLab Ultimate Driving Our Optimism! – Major Drivers
- Guidewire Software Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers
- Hewlett Packard Enterprise (HPE): Can It Really Capitalize On The Intelligent Edge & Networking Opportunities? – Major Drivers
- Onto Innovation: Will Its High Bandwidth Memory (HBM) Expansion Bring A Shift In The Competitive Dynamics? – Major Drivers
- Samsara Inc.: International Expansion Opportunities Driving Our ‘Outperform’ Rating! – Major Drivers
- Sprinklr Inc.: Reenergizing Partner Ecosystem To Up Their Game! – Major Drivers
Alphabet’s Big Tech Bets: Quantum, AI, and the Mixed-Reality Fight for Survival!
- Alphabet Inc., the parent company of Google, has long been a dominant force in the tech world, leveraging its search, cloud, and AI capabilities.
- Recent announcements, including the development of its custom quantum computing chip “Willow,” the launch of Gemini 2.0 AI models, and its partnership with Samsung for mixed-reality headsets, have spurred investor optimism.
- These developments come against the backdrop of an earnings call highlighting impressive revenue growth and expanding AI applications across search, cloud services, and autonomous driving.
Quiddity Leaderboard Hang Seng Internet & IT March 25: 4 Changes Likely, Some Names Have High Impact
- The Hang Seng Internet & IT (HSIII) index represents the top 30 stocks related to internet and information technology businesses listed in Hong Kong (HKEX).
- In this insight, we take a look at the rankings of potential ADDs and potential DELs for the March 2025 index rebal event.
- Based on the latest available data, we see four ADDs and four DELs for HSIII in March 2025.
Last Week in Event SPACE: NEC Network, SingPost, Seven & I, CPMC, Exedy
- Nec Networks (1973 JP)‘s own FA didn’t include any measure of transaction synergies to be created about which NEC and NESIC were so sure. This is not being done right.
- Singapore Post (SPOST SP)‘s muted price action after announcing the ~S$900mn FMH sale is illustrative. But expect more value to be unlocked from divesting non-core ops going forward.
- The FTC’ blocking the giant grocery merger of Kroger Co (KR US) and Albertsons Cos (ACI US) spells trouble for ACT and Seven & I Holdings (3382 JP).
(Mostly) Asia-Pac M&A: Insignia, Fosun Tourism, GJS/Haitong, Fuji Soft, Dexus Property
- I tally 51 – mostly firm, mostly Asia-Pac – transactions currently being discussed and analysed on Smartkarma. Inside is a timetable of upcoming key events for each deal.
- Five new deals this week: Insignia Financial (IFL AU), Fosun Tourism (1992 HK), and Lifestyle China (2136 HK). VCredit Holdings (2003 HK) and Vesync (2148 HK) also in the crosshairs.
- Key updates/news took place on: Guotai Junan Securities (2611 HK)/Haitong Securities Co Ltd (H) (6837 HK), Fuji Soft Inc (9749 JP), CPMC Holdings (906 HK), and Dexus Property (DXS AU)
GitLab Inc.: High Adoption & Expansion of GitLab Ultimate Driving Our Optimism! – Major Drivers
- GitLab’s recent quarterly results reveal a complex, yet promising landscape for the company.
- GitLab reported arevenue increase of 31% year-over-year, reaching $196 million for the third quarter of fiscal year 2025.
- The company exceeded profitability guidance with a non-GAAP operating margin of 13.2%, up more than 1,000 basis points from the prior year.
Guidewire Software Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers
- Guidewire Software’s recent earnings for the first fiscal quarter of 2025 provides insightful details on the company’s strategic initiatives and financial performance.
- The company reported a strong start to the fiscal year, emphasizing momentum in cloud adoption and strategic international growth.
- On the positive side, Guidewire Software demonstrated robust performance with total revenue reaching $263 million, marking a 27% year-over-year increase.
Hewlett Packard Enterprise (HPE): Can It Really Capitalize On The Intelligent Edge & Networking Opportunities? – Major Drivers
- Hewlett Packard Enterprise’s fiscal fourth quarter results for 2024 demonstrated a robust performance, highlighted by record quarterly revenue of $8.5 billion, marking a 15% year-over-year increase.
- This growth was driven largely by the continued success of HPE GreenLake and a notable acceleration in AI system revenues.
- The company’s results surpassed expectations across key financial metrics, including revenue, diluted net earnings per share, and free cash flow.
Onto Innovation: Will Its High Bandwidth Memory (HBM) Expansion Bring A Shift In The Competitive Dynamics? – Major Drivers
- Onto Innovation reported its third-quarter financial results for 2024, demonstrating several strengths and challenges that inform its investment outlook.
- The company achieved a revenue of $252 million, marking a 4% sequential increase and a 22% rise year-over-year.
- This performance set a new quarterly record for inspection revenue, indicating robust demand within its specialty device and advanced packaging segments.
Samsara Inc.: International Expansion Opportunities Driving Our ‘Outperform’ Rating! – Major Drivers
- Samsara Inc. reported strong financial and operational performance in the third quarter of fiscal 2025, highlighting its continued growth and strategic advancements in a dynamic market.
- Samsara ended the quarter with an annualized recurring revenue (ARR) of $1.35 billion, representing a 35% year-over-year growth, and achieved a record 10% adjusted free cash flow margin.
- The growth in ARR was driven by signing high-profile clients across various sectors, including significant deals with companies like Papa John’s and Fortune 500 firms, indicating Samsara’s ability to attract large, complex organizations seeking digital transformation of physical operations.
Sprinklr Inc.: Reenergizing Partner Ecosystem To Up Their Game! – Major Drivers
- Sprinklr, a company focused on a unified AI-powered customer experience management platform, reported its Q3 fiscal year 2025 financial results, providing insights into its current operational status and future strategies.
- The company achieved a total revenue of $200.7 million for the quarter, marking an 8% year-over-year growth, while subscription revenue grew by 6% year-over-year to $180.6 million.
- However, professional services revenue disappointed with a gross margin of negative 8%.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
