Research

GOOGL/AMZN: Updated OpenAI & Anthropic contributions for AWS & GCP

VZ/FYBR Win Changes in CPUC Order; Approval Imminent

Brazilian Telcos - Solid quarter; Q3 25 review

​​​​​​​TSMC 4Q25 QT: Strong implied 2027 guide for AI Infra.; WFE read-across not as strong as thought. Top Pick.

OpenAI deploying 750MW of Cerebras wafers. Our quick take.

GEM Telcos & Towers - Themes and Top picks for 2026; what’s next after a banner 2025? - Call slides

DISH Antitrust Challenge to DIS; Will Content or Distribution Gain Flexibility in the Media World to Come?

Starlink: New UK Price cut – what does this mean?

Tencent: Estimates Remain Intact

Nigerian Telcos - Q3 25 review: Real revenue growth remains 40%

Supreme Court Takes FCC Cases; Potential Investor Impacts

TCOM: 4Q25 Preview - Outlook Remains Intact

AT&S (ATS AV) The “Invisible” Substrate Supplier

Implications of PDD’s RMB10bn Subsidy Channel for Supermarket

Malaysian Telcos – Q3 25 review: Still pressured by Prepaid but reiterated guidance suggests a stronger 4Q

Technology infrastructure in 2026: Top picks & updated perspective - Conference Call Deck

Robotaxi Part II: The dawn of Tesla? (PUBLIC VERSION)

JD: 4Q25 Preview - Lowering Estimates

GEM & Japan Telecoms and Towers - High Yield Quarterly Databank

FCC Grants VZ Waiver on Phone Unlocking