Research

FiberCop Q4 2025: More optimistic on cost savings to maintain EBITDA targets

Bible 4Q25 - Enterprise IT: Legacy outlook improving, SaaS growth stable, Cloud services keep accelerating

Ads Expert Call Recap: TTD & PUB/OMC in Focus (+ read throughs for GOOGL, AMZN, CRTO, RAMP)

China Mobile (Buy) – Q4 25 Quick Take: Good growth in Service Revenue and EBITDA

Meituan: 4Q25 Flash - Revs Largely in Line; Margins Below Expectations

PDD: 4Q25 Results - Supply Chain Remains a Key Area of Investments

Kuaishou: 4Q25 Results - Topline Growth to Moderate in 1Q and FY26

Swisscom-INWIT: Aggressive brinkmanship or a seismic shift in the tower landscape?

AI Ads Expert Call Recap: +ve for GOOGL/META/AMZN/RDDT/PINS, Mixed for ChatGPT, TTD/AdTech

A​rm: New kid on the block?

Grasping the AI Infra Buildout & GTC takeaways

Iliad Q4 25: Better French trends. Cryptic message on French M&A?

PDD: 4Q25 Flash - Revs in Line with Consensus; Margin Remains Under Pressure

Kuaishou: 4Q25 Flash - Results Better than Expected

SAMR Indirectly Calling for an End to Food Delivery Price War: Our Take

GOOGL Newfront Insights: Y’all know me, still the same OG (+ read throughs for AMZN, TTD, RAMP)

Grab acquiring Delivery Hero’s Taiwan business. Our take

China Telecom – Q4 25 Quick Take: Topline growth continues to slow

CMCSA: Updating for Versant spin, new PT is $34

Bible 4Q25 - Hyperscale & Cloud: continued capex revisions; visibility improving materially for 2027 & 2028