Daily Brief United States: Broadcom , Blackrock Inc, Alphabet , Stripe, UiPath Inc, Crude Oil, Coinbase Global , Signet Jewelers, Wayfair Inc Class A, Exxon Mobil and more

• Constituent changes to the S&P 500 INDEX and capping changes will result in a round-trip trade of US$17.7bn across the Select Sector indices and the S&P500 Equal Weight Index.
• There is over US$500m to trade in Broadcom (AVGO US), Tesla (TSLA US), Apollo Global Management (APO US), Amazon.com Inc (AMZN US) and Workday Inc Class A (WDAY US). 
• Broadcom (AVGO US) swings from a small net buy to a large net sell following the rally in the stock last week.

• Infrastructure is crucial for the transition to a low carbon economy and the advancement of the economy, requiring urgent repairs to aging infrastructure such as roads, bridges, and airports.
• Private capital plays a key role in investing in infrastructure assets, with a focus on operational improvements and creating value for investors.
• The growing demand for investment in infrastructure, especially in the areas of AI and data centers, presents significant opportunities for private sector funding and operational enhancements.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Alphabet (NASDAQ: GOOGL) has been consistently undervalued in the market despite strong revenue and earnings growth
• The company’s average forward P/E multiple over the past 15+ years has been just 21.7x, even though it has consistently outperformed the S&P 500
• Currently trading at a discounted valuation of around 17x 2025E EPS, Alphabet has been mispriced for most of its 20-year history

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• In this insight, we provide a list of 70 prominent companies in the USA, Europe, and the Middle East that could complete their IPOs in 2025.
• This is a comprehensive, REFERENCE GUIDE to help clients so that they could get a broad view of the major IPOs that could get completed in these regions in 2025.
• Some of the most prominent potential IPOs in these regions next year include Starlink, SpaceX, Stripe, Open AI, Klarna, Five Holdings, Monzo, and Ethiad Airways.

• UiPath reported its financial results for the third quarter of fiscal 2025, surpassing its guidance on all crucial financial metrics.
• The company concluded the quarter with an Annual Recurring Revenue (ARR) of $1.607 billion, marking a 17% increase driven by a net new ARR of $56 million.
• Quarterly revenue reached $355 million, and the company achieved a non-GAAP operating income of $50 million.

• The US oil and gas rig count remained unchanged at 589 for the week ending on 13/Dec, after rising by seven the previous week.
• For the week ending 06/Dec, US oil production rose to a new high of 13.63m bpd from 13.50m bpd the week prior.
• The number of active US oil rigs was steady at 482, while the US gas rig count rose by one to 103.

• Coinbase has managed to weather the crypto winter well by reporting net profits consecutively for 4 quarters.
• Its share price has shot up recently as the whole crypto market became exuberant, thanks to Trump’s re-election, but still below the IPO debut price of $381.
• Our thesis remains the same as when the stock was trading as low as ~$68 in May 2022: Coinbase to become an indispensable platform for Web 3, esp. first-time users.

• Signet Jewelers’ third quarter fiscal 2025 earnings report presents a nuanced outlook on the company’s current standing and its future trajectory.
• The company has demonstrated a mixed performance, showing improvements in certain areas while encountering challenges in others.
• One of the notable positives from the report is Signet’s continued sales momentum, as indicated by the sixth consecutive quarter of sequential same-store sales improvement, despite an overall decline of 0.7% in same store sales.

• Wayfair has 4k primary customers and multiple brands under their umbrella
• Their business model involves offering a wide selection of furniture and home goods at competitive prices
• Wayfair is positioned to benefit from current market conditions and has potential for growth and profitability in the coming years

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• In a recent special call arranged by the management, Exxon Mobil has unveiled an ambitious strategy that could reshape its future and redefine its standing in the energy sector.
• Despite concerns about falling oil prices and industry-wide cautious spending, Exxon is doubling down on capital-intensive projects while expanding into emerging markets like carbon capture, hydrogen production, and advanced battery materials.
• The company’s bold moves include acquiring Pioneer Natural Resources for $60 billion, ramping up investments in the Permian Basin, and launching data-center-specific natural gas projects equipped with carbon capture technology.