Research

NFLX: Of course Hastings is retiring, culmination of a smooth transition

IsuPetasys (007660 KS): GOOG-Driven Demand, Capacity Constraints

Global Telecoms Multiples 2026-04-17

China Tower – Q1 26 Quick Take: Softer Tower trends; lower D&A costs drove earnings

Upgrade Altice France equity to Buy. French M&A: One step closer following a large increase in Consortium offer

CPNG: Signs Point to the Stock May Have Bottomed

Ericsson 4Q25: Muted market, managing cost inflation well; remain on the sidelines

NFLX: Back to our regularly scheduled programming

France M&A: How might a higher bid be justified?

TSMC 1Q26 QT: Another beat and raise. Top Pick for 2026.

Intel gross margin: revenue recovery and price increases stronger than 18A headwind

How Will New FCC Policy on Routers Affect Markets?

Nigerian Telcos - Q4 25 review: Strong, especially margins

ASML 1Q26: Demand strengthening, but in line with consensus and not to the point of making EUV a bottleneck. Neutral, €1,245.

Chinese Telcos – Q4 25 review: Muted topline but capex reduction positive for cash flow

NBS: Deceleration in Mar Online Physical Goods

CLIENT CALL SLIDES - Updated AI ROICs for GOOGL, AMZN and META: everyone lower as higher AI capex flows through

Brightspeed – Updating our model for 4Q25 and baking in new ABS assumptions

AMZN/GSAT…Getting a new band of tech giants together

Updated AI ROICs for GOOGL, AMZN and META: everyone lower as higher AI capex flows through