In today’s briefing:
- Intel Snags Altman To Close Foundry Day Event
- Index Rebalance & ETF Flow Recap: HSCEI, HSCI, HSTECH, HSIII, STTF, Top50, Div+, FXI, FnGuide
- Twilio Inc: Growth Opportunities through Partnerships and Omnichannel Authentication Catalyzing Growth? – Major Drivers
- HubSpot Inc: Are They Successfully Implementing AI In Their Operations? – Major Drivers
- Applied Materials Inc (AMAT): Is The Escalation In Services Growth A Major Growth Catalyst In 2024? – Major Drivers
- The Trade Desk Inc: Their Increasing Readiness for Identity Pivots A Potential Game Changer? – Major Drivers
- Tyler Technologies: Growing Cloud Transactions & 5 Key Growth Catalysts! – Financial Forecasts
- Zebra Technologies: Embedding Value Through Customized Solutions! – Major Drivers
- AppLovin Corporation: Is The Robust Performance Of APP’s Software Platform Expected To Continue To Grow Revenues? – Major Drivers
- FLEETCOR Technologies: A Story Of Improved Client Retention & Service Adoption! – Major Drivers
Intel Snags Altman To Close Foundry Day Event
- Despite the high-profile announcement of his attendance, his segment was less than 3 minutes long!
- Intel’s CEO alluded to a partnership with OpenAI and implied there’s more to come yet there’s been no public announcement of any such partnership.
- Microsoft’s commitment to use Intel’s 18A is a vote of confidence in their foundry offering. Let’s see how it plays out.
Index Rebalance & ETF Flow Recap: HSCEI, HSCI, HSTECH, HSIII, STTF, Top50, Div+, FXI, FnGuide
- The changes for the SSE STAR50 (STAR50 INDEX) and STAR100 Index were announced post market close on Friday.
- The coming week is a full one with capping cutoffs, review cutoffs, announcements and implementations apart from futures expiries.
- With China open after Lunar New Year, the National Team is back pouring money into ETFs with the largest inflows to the CSI 300, CSI 500, ChiNext and STAR50 indices.
Twilio Inc: Growth Opportunities through Partnerships and Omnichannel Authentication Catalyzing Growth? – Major Drivers
- Twilio’s recent quarterly results highlighted that the company exceeded its revenue and Non-GAAP income from operations targets for Q4 2023 by generating nearly $1.1 billion in revenue and $173 million in Non-GAAP income from operations.
- The free cash flow was $211 million.
- The company achieved $4.2 billion in revenue for the full year and improved its Non-GAAP operating results from a Non-GAAP operating loss of $4 million in 2022 to Non-GAAP operating income of $533 million in 2023.
HubSpot Inc: Are They Successfully Implementing AI In Their Operations? – Major Drivers
- HubSpot, a leading software company, provided a generally positive update on the firm’s financial performance, strategic direction, and plans for future growth.
- On the financial front, the firm reported solid results for Q4 2023.
- Revenue grew by 21% year-on-year in constant currency terms, and by 25% for the full year 2023.
Applied Materials Inc (AMAT): Is The Escalation In Services Growth A Major Growth Catalyst In 2024? – Major Drivers
- Applied Materials delivered a decent result and the management claims to have made a strong start to the current fiscal year, exceeding its earnings projections.
- Strengths identified include the company’s innovation strategy and position at key industry inflections, such as new-foundry logic and developments in its DRAM market where it has captured over 50% of market share.
- Revenue from its advanced packaging product portfolio is predicted to reach nearly $1.5 billion in 2024.
The Trade Desk Inc: Their Increasing Readiness for Identity Pivots A Potential Game Changer? – Major Drivers
- The Trade Desk had a robust finish to the year 2023 with a record total spend on their platform reaching almost $10 billion and revenue for the fourth quarter crossing the $600 million mark for the first time.
- This growth has significantly outpaced the digital advertising market with a year-on-year growth of 23%.
- The company also reported an adjusted EBITDA of over $770 million in 2023 and free cash flow upwards of $543 million.
Tyler Technologies: Growing Cloud Transactions & 5 Key Growth Catalysts! – Financial Forecasts
- Tyler Technologies reported promising Q4 results reflecting a robust end to 2023 and signaling a pivotal year in its cloud transition.
- The company achieved all major objectives for the year with earnings and cash flow surpassing expectations.
- Recurring revenues reportedly grew by 8% and accounted for 84% of the total revenues.
Zebra Technologies: Embedding Value Through Customized Solutions! – Major Drivers
- Zebra Technologies has reported its latest quarterly and year-end financial results for 2023 that were significantly impacted by broad-based softness across end markets and regions.
- The company realized sales of $1 billion demonstrating a 33% decline from the prior year, and adjusted EBITDA margin of 15.4%; a decrease of 7 points, and non-GAAP diluted earnings per share of $1.71, a 64% decrease from the prior year.
- All product categories experienced declines, however, services and software remained a bright spot in the quarter from a revenue perspective.
AppLovin Corporation: Is The Robust Performance Of APP’s Software Platform Expected To Continue To Grow Revenues? – Major Drivers
- AppLovin closed the fiscal year ended December 31, 2023 on a high note after surpassing the upper end of its forecast and demonstrating a pattern of exceptional performance throughout the year.
- Despite a challenging 2022 characterized by stagnant growth, the company reported a 76% increase in revenue from its software platform in 2023, testament to the potential of its AI advertising engine, AXON. While the performance shows the company’s financial strength, uncertainties prevail woven within the statements of forward-looking nature minus respective obligations of updating these unless required by law.
- Baptista Research looks to evaluate the different factors that could influence the company’s price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.
FLEETCOR Technologies: A Story Of Improved Client Retention & Service Adoption! – Major Drivers
- FLEETCOR Technologies Inc.
- has reported mixed results for Q4 and full year 2023.
- Revenue for Q4 reached $937 million, registering a 6% upsurge; while cash EPS recorded a rise of 10% at $4.44, and EBITDA was approximately $500 million, 11% higher than the previous period.
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