Alpha Coverage #100
Free Weekly Stock Market Newsletter
Weekly newsletter bringing you a summary of unbiased, critical, thesis changing stock market news with long term impact. We cover news articles, opinion pieces and all forms of media to help you stay ahead of the curve.
A Seeking Alpha subscription would help. Here is a $30 off coupon to help you get started (Affiliate Link).
This Week’s Alpha Coverage: YouTube Playlist.
Editor’s Pick:
[News] Tesla is a top pick at Morgan Stanley amid its AI and robotics metamorphosis
Tesla (NASDAQ:TSLA) is still a top pick at Morgan Stanley despite recent softening sales trends.
Analyst Adam Jonas thinks Tesla's (NASDAQ:TSLA) softer auto deliveries are emblematic of a company in the transition from an automotive pure play to a highly diversified play on AI and robotics. "As AI moves from the digital world (bits and bytes) to the physical world (atoms and photons), we expect to see TSLA’s TAM aperture further expand to broader domains, many of which are still not included in buy-side or sell-side financial models for the company," wrote analyst Adam Jonas.
The bullish view on Tesla (NASDAQ:TSLA) is focused on the theory that the commercial opportunity of non-auto expressions of embodied AI is likely far larger and faster-adopting than that of autonomous cars. "We believe the humanoids opportunity could see a greater quantum of capital behind it with Tesla at the epicenter of the theme," highlighted MS.
Link to Seeking Alpha News Article - Mar. 03, 2025
[News] Nvidia's year-to-date drop 'stunning' so early in product cycle: Bernstein
Nvidia (NASDAQ:NVDA) shares sank more than 8% by the close of Monday trading, as the stock has now declined 15% since the start of 2025, a fact that is "a little stunning" considering the artificial intelligence titan recently kicked off its Blackwell product cycle, according to Bernstein Société Générale Group.
"After yesterday's rout, the stock trades at ~25x NTM (next twelve months) earnings, their weakest level in a year and close to 10 year lows," said Bernstein analysts, led by Stacy Rasgon, in a Tuesday investor note. "In fact, the stock now trades BELOW parity relative to the SOX (something we have seen only once or twice in the past decade) and at only a slight S&P premium, the lowest they have been since 2016."
In comparison, the Philadelphia Semiconductor Index (SOX) has dropped 8% year to date.
"It is clear that the Blackwell introduction has not gone as smoothly as the company might have hoped, and there remains added volatility given how laser-focused investors are on this supply chain," Rasgon noted. "However, it does seem they have worked through things. Our post-earnings conversations with the company indicated the $11B in FQ4 Blackwell revenues all shipped in January (suggesting the floodgates are now open) and the company indicated to us that demand will continue to exceed supply for the next several quarters as they ramp."
However, growth concerns, possible supply chain issues, as well as tariff and regulatory risks, have all combined to recently weigh on the stock.
"Nevertheless, worries that the AI trade is 'over' feel a little premature to us, and valuation is getting increasingly attractive," Rasgon added. "Sentiment has clearly pivoted for now on the AI group. However, spending intentions seemingly continue to rise, a product cycle is just kicking off, and we have GTC coming in a few weeks."
Nvidia's GTC 2025, an AI Conference for Developers, runs from March 17-21 in San Jose, Calif.
Despite the recent volatility, Bernstein finds Nvidia's valuation attractive, and gives the stock an Outperform rating and a $185 price target.
Link to Seeking Alpha News Article - Mar. 04, 2025
NVDA 0.00%↑ #OpenAI
[News] OpenAI could sell $20,000-a-month agents, on track to generate $4B in revenue: report
OpenAI, the Microsoft (NASDAQ:MSFT) backed maker of ChatGPT, could sell artificial intelligence agents that could cost as much as $20,000 a month, The Information reported.
The $20,000-a-month agent would be "PhD" level research agents and would be geared towards those looking to supplement software engineers or medical researchers, the news outlet added, citing comments from a person who has spoken to company executives. Other agents could be priced at $2,000 per month and marketed towards “high-income knowledge workers,” while a $10,000 per month agent could be used for software development.
AI agents are software that can interact with data and the environment surrounding them and perform tasks by itself to meet specific goals.
Led by Chief Executive Sam Altman, OpenAI expects 20% to 25% of its revenue to come from AI agents, the person added.
Link to Seeking Alpha News Article - Mar. 05, 2025
AAPL 0.00%↑ NVDA 0.00%↑ #OpenAI
[News] Apple's App Store revenue spikes in 2025 as ChatGPT drives growth: BofA
Apple's (NASDAQ:AAPL) App Store revenue from global sales increased 14% year over year during the first 65 days of 2025, according to Bank of America, citing data from Sensor Tower.
Year-to-date sales totaled $5.3B as downloads on iPhones and iPads increased 6%. Productivity apps have proven to be the fastest growing segment in 2025, with revenue from the segment increasing 52% over the first 65 days of 2025.
Growth in the Productivity segment was driven by OpenAI's ChatGPT, which has recorded daily active users nearly tripling year over year. It has been downloaded 45M times a year to date. The Entertainment segment featured the second most downloads. Meanwhile, the Gaming segment revenues have increased 7% year over year.
Link to Seeking Alpha News Article - Mar. 05, 2025
#BTC
[News] Trump establishes Strategic Bitcoin Reserve
President Trump on Thursday evening established a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile through an Executive Order.
The reserve is capitalized through bitcoin owned by the Treasury Department that was forfeited in criminal or civil asset forfeiture cases.
The bitcoin in the reserve is not to be sold. Also, the Treasury and Commerce secretaries are empowered to develop strategies to acquire additional bitcoin "provided that those strategies impose no incremental costs on American taxpayers," according to a White House fact sheet.
Regarding the U.S. Digital Asset Stockpile for other kinds of cryptocurrency, the federal government will not add to it outside what has already been obtained through forfeiture proceedings, per the Executive Order.
In a post on X, White House AI and crypto czar David Sacks said that the federal government owns about 200K bitcoin. "Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value," he added. "Now the federal government will have a strategy to maximize the value of its holdings."
Link to Seeking Alpha News Article - Mar. 07, 2025
[YouTube/TCAF] Tom Lee to the Rescue | TCAF 181
On episode 181 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Tom Lee to discuss: how bull markets end, the trade war, odds of a recession, the case for a Bitcoin reserve, Tesla’s crash, Tom’s “Granny Shots” stock picks, and much more!
Link to Full Video (01:28 Hours) - March 07, 2025
News, Facts, Analyst & Market Commentary - Short Reads:
#BTC #ETH #XRP #SOL #ADA
Cryptocurrencies rally as Trump hypes up strategic reserve, Bitcoin briefly crosses $95K
Bitcoin (BTC-USD) briefly crossed $95,000 on Sunday after President Donald Trump talked up cryptocurrencies and named five digital assets he expects to include in a new U.S. crypto strategic reserve.
Trump on social media said his January executive order would create a crypto stockpile that will include bitcoin (BTC-USD), ethereum (ETH-USD), XRP (XRP-USD), Solana (SOL-USD) and Cardano (ADA-USD).
Link to Seeking Alpha News Article - Mar. 02, 2025
AbbVie forays into obesity market with up to $2.2B Gubra license deal
AbbVie (NYSE:ABBV) has entered into a license deal with Danish biotech Gubra A/S to develop the latter’s experimental obesity treatment.
Under the terms of the agreement, AbbVie (NYSE:ABBV) will lead development and commercialization activities of GUB014295 globally.
GUB014295, currently in a Phase 1 clinical trial, is a potential long-acting amylin analog for the treatment of obesity.
Gubra will receive $350M in total upfront payment and will be eligible to receive up to $1.875B in development, commercial and sales milestone payments with tiered royalties on global net sales.
The transaction closure is subject to regulatory approvals and other customary closing conditions.
Link to Seeking Alpha News Article - Mar. 03, 2025
[Newsletter Exclusive] Microsoft unveils voice AI assistant Dragon Copilot for healthcare professionals
Dragon Copilot, which is part of Microsoft Cloud for Healthcare, allows clinicians with multi language ambient note creation, automated tasks and natural language dictation capabilities, speech memos, customized texts, and AI prompts among other features in one single user interface, according to the company.
The U.S. tech giant noted that the AI assistant functionality allows clinicians to conduct general-purpose medical information searches from trusted content sources.
In addition, new capabilities help with automating key tasks, including conversational orders, note and clinical evidence summaries, referral letters and after-visit summaries in one centralized workspace, the company added.
Microsoft noted that Dragon Copilot will be generally available in the U.S. and Canada in May, followed by the U.K., Germany, France and the Netherlands. The company is also committed to bring a new Dragon experience to other key markets using Dragon Medical today.
Link to Seeking Alpha News Article - Mar. 03, 2025
Taiwan Semiconductor will boost US expansion, to invest $100B over next four years
Taiwan Semiconductor (NYSE:TSM) will invest $100B in new capital in the U.S. over the next four years as the company looks to boost its presence in the U.S, Taiwan Semi Chairman and CEO C.C. Wei and President Trump said at an event on Monday.
In addition, Taiwan Semiconductor will build five additional plants in the U.S., Trump, who was surrounded by Wei and Commerce Secretary Howard Lutnick, added.
Link to Seeking Alpha News Article - Mar. 03, 2025
RKLB 0.00%↑ #FireflyAerospace
[Newsletter Exclusive] Firefly Aerospace pulls off the first full moon landing by a private company; Rocket Lab assists
Firefly Aerospace successfully landed its Blue Ghost lunar lander on the Moon on March 2 at 3:34 a.m. EST. The accomplishment marked Firefly as the first commercial company to achieve a fully successful soft landing on the Moon. The Blue Ghost lander touched down in Mare Crisium, a large basin in the northeast quadrant of the Moon's near side, near a volcanic feature called Mons Latreille.
The lander is carrying 10 NASA instruments as part of NASA's Commercial Lunar Payload Services initiative. Blue Ghost will operate for approximately 14 Earth days, conducting various experiments including lunar subsurface drilling, sample collection, and dust mitigation studies. The mission, named "Ghost Riders in the Sky," is the first of three planned lunar missions by Firefly through 2028.
Rocket Lab USA (NASDAQ:RKLB) played a role in the Blue Ghost mission, even though it did not send its own lander to the Moon. The company provided its MAX Flight and MAX Ground Data Software suites, which were instrumental in the lander's descent and landing. In addition, the company's Mission Operations Center in Littleton, Colorado, served as a remote and backup operations center for the mission and the company supplied three high-efficiency solar power assemblies for the Blue Ghost lander, providing 400 W of power over the mission's 1,470 operational hours.
Link to Seeking Alpha News Article - Mar. 03, 2025
Electrovaya receives $4.2M battery order for existing cold storage operator
Electrovaya (NASDAQ:ELVA) has received a purchase order through its OEM sales channel valued at ~$4.2M.
The batteries will be used by a rapidly growing cold storage third party logistics operator in the U. S. for powering material handling electric vehicles.
The end user currently operates six facilities with Electrovaya's Infinity Battery Technology.
Link to Seeking Alpha News Article - Mar. 04, 2025
[Newsletter Exclusive] Ballard Power wins 5 MW fuel cell engine order for bus market
Ballard (NASDAQ:BLDP) said the order from Manufacturing Commercial Vehicles includes 50 FCmoe-HD+ engines, with an initial order of 35 units.
Deliveries are expected in 2025-26 and initially will support projects in the European Union.
The company's products power more than 1,800 fuel cell buses worldwide, which have collectively logged more than 200M miles of operational service.
Link to Seeking Alpha News Article - Mar. 04, 2025
[Newsletter Exclusive] GE Vernova, Amazon sign deal to partner on data center expansion
GE Vernova (NYSE:GEV) will offer AWS (AMZN) a range of solutions aimed at electrifying and decarbonizing data centers across North America, Europe, and Asia, including continuing to provide AWS with turnkey substation solutions to connect AWS data centers to the grid, including the expansion of electrical equipment, project management, and construction support across multiple global sites; advancing the commercialization of onshore wind development projects; and exploring opportunities for GE Vernova to supply power generation equipment and services to AWS, as well as working with GE Vernova’s accelerator businesses to advance energy transition innovation, research, project development, and financing.
For its part, AWS (AMZN) will provide GE Vernova (GEV) with cloud services to support its cloud migration and digital innovation initiatives, including through generative AI, and introduce new technologies and cloud services, such as AWS High Performance Computing, enabling GE Vernova to accelerate development cycles and optimize operations for advanced digital technology solutions through enhanced computational power and cloud scalability."
Link to Seeking Alpha News Article - Mar. 04, 2025
TSLA 0.00%↑ NIO 0.00%↑ XPEV 0.00%↑ #BYDDF
Tesla's China-made EV sales drop sharply by 49.2% in February
The Texas-based carmaker sold 30,688 China-made Model 3 and Model Y vehicles in the month, according to data from the China Passenger Car Association. Deliveries fell nearly 51.5% from 63,238 units sold in January.
Deliveries are now down for the fifth consecutive month when compared to last year, despite an increase in subsidies from the Chinese government to attract more consumers.
The performance also lags major Chinese rivals by a significant margin. Chinese rival BYD (OTCPK:BYDDF) reported a 161.4% growth in passenger vehicle sales to 318,233 units last month.
Other local EV competitors, including NIO (NIO) and XPeng (XPEV) also reported higher sales on an annual basis.
Link to Seeking Alpha News Article - Mar. 04, 2025
Tesla sales in Germany plummet even as the overall EV market grows
Tesla (NASDAQ:TSLA) appears to have seen a large slump in demand in Germany, based on new data on registrations. Sales plunged 76% year-over-year in February to 1,429 cars, according to the German Federal Motor Transport Authority. For the same month, overall electric vehicle sales rose 31% in Germany.
For the first two months, Tesla (NASDAQ:TSLA) sales in Germany are down 71% compared to the level seen in 2024. The introduction of the new Model Y has led to lower inventories and customers waiting for the updated version. In addition, analysts believe there is backlash against Tesla (NASDAQ:TSLA) CEO Elon Musk.
Elon Musk has become more controversial in Germany in 2025 due to his open support for the far-right Alternative für Deutschland party and for some of his remarks about Germany's Nazi past. His actions have raised concerns about foreign interference in German politics.
Link to Seeking Alpha News Article - Mar. 05, 2025
[Newsletter Exclusive] Google urges DOJ to avoid breaking up company - report
Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is urging President Donald Trump’s Department of Justice to avoid breaking up the search engine company, and has met with officials last week, Reuters reported, citing an individual familiar with the matter.
The U.S. Department of Justice is currently investigating two anti-monopoly cases against Google – one over search and another over advertising technology.
The DOJ had last year said that it may ask a judge to force Google (NASDAQ:GOOG) to divest parts of its business, such as its Chrome browser and Android operating system, that the Alphabet-owned company used to maintain an illegal monopoly in online search.
The DOJ was also considering behavioral and structural remedies that would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants.
A federal judge is set to rule on how the company must change its practices following hearings scheduled for next month. Both sides are due to file their final proposals to the judge on Friday.
Link to Seeking Alpha News Article - Mar. 05, 2025
[Newsletter Exclusive] Amazon's AWS reportedly forms new team focused on agentic AI
Amazon (NASDAQ:AMZN) has formed a new group focused on agentic artificial intelligence to help users and customers automate more of their lives, Reuters reported on Tuesday, citing an internal email.
The new group will be led by AWS executive Swami Sivasubramanian, the email, from AWS CEO Matt Garman, said. "Agentic AI has the potential to be the next multi-billion business for AWS," Garman wrote.
Link to Seeking Alpha News Article - Mar. 05, 2025
European Space Agency selects Redwire for conceptualizing spacecraft, stock rises 5%
Redwire (NYSE:RDW) was awarded a study contract by the European Space Agency to conceptualize a spacecraft platform that could be delivered to Mars as a part of ESA LightShip initiative.
Redwire’s (NYSE:RDW) wholly owned Belgian subsidiary, Redwire Space NV, has been awarded one of four independent parallel industry studies to define the parameters for this interplanetary spacecraft.
Link to Seeking Alpha News Article - Mar. 05, 2025
[Newsletter Exclusive] Moderna aims for 2027 approval of Merck-partnered cancer shot
Moderna (NASDAQ:MRNA) is targeting market approval of a personalized vaccine the company is developing with Merck (NYSE:MRK) for skin cancer in 2027, one of its top executives announced at an investor event on Wednesday.
However, Stephane Bancel, CEO of the COVID-19 vaccine maker, cited last year a potential 2025 launch of the messenger RNA-based shot targeted at skin cancer.
At the ongoing TD Cowen Health Care conference on Wednesday, Moderna (NASDAQ:MRNA) President Stephen Hoge noted that a late-stage trial designed to test the company's cancer shot V940 against skin cancer melanoma is fully enrolled.
“Having it fully enrolled and knowing the natural history of when we'd expect those events to be, we're cautiously optimistic. '27 is right on path,” Hoge said, referring to the key clinical events that investigators seek to collect in the trial.
Link to Seeking Alpha News Article - Mar. 05, 2025
HITI 0.00%↑ $GTBIF
[Newsletter Exclusive] Cannabis MSOs rise amid renewed hope for federal marijuana legalization
Cannabis multi-state operators are higher Wednesday following a report that the Trump administration may be open to backing federal marijuana legalization.
At a meeting of conservative activists last week, Citizens Opposing Prohibition Drug Policy Specialist Howard Wooldridge was able to talk briefly with a Trump administration representative and express his belief that the drug war should be ended and cannabis legalized on the federal level, Marijuana Moment reported.
"Basically, what I’m going to bring in the proposal is the political advantages for the Trump administration to end the policy of federal prohibition," Wooldridge told the marijuana news site.
That proposal is expected to be sent by the end of the week.
Wooldridge noted that if Trump tells Congress to pass a cannabis reform bill, "members of Congress of the Republican Party are not going to resist the will of Donald Trump on essentially anything."
Link to Seeking Alpha News Article - Mar. 05, 2025
[Newsletter Exclusive] U.S. wants zero tariff on car imports ahead of Tesla's India entry - report
President Donald Trump's administration wants India to cut tariffs on car imports as part of a potential trade agreement between the two countries, but New Delhi is reluctant to immediately eliminate such duties, even as it considers further cuts, Reuters reported, citing sources.
Taxes on cars imported into India are as high as 110%, which Tesla (NASDAQ:TSLA) CEO Elon Musk has criticized as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market.
"The U.S. ask is for India to bring tariffs down to zero or negligible in most sectors, except agriculture," one source said, adding the expectation on New Delhi eliminating auto tariffs was "clearer than any other".
Link to Seeking Alpha News Article - Mar. 06, 2025
Apple likely to launch first foldable iPhone in 2026, could cost over $2,000: analyst
TF International Securities analyst Ming-Chi Kuo believes a foldable iPhone could come next year.
The final specs on the device are likely to be "locked" in the second-quarter of this year, with the official "kickoff" of the project coming in the third quarter, Kuo said in a post on Medium. That would pave the way for mass production to occur in the fourth quarter of 2026, which is when Apple traditionally announces new iPhones.
However, the complexity of the device is likely to limit volume production until 2027, Kuo added.
The price of a foldable iPhone is expected to be significantly more than the current version of the iPhone, with retail prices expected to top $2,000, Kuo said.
Link to Seeking Alpha News Article - Mar. 06, 2025
Lithium Americas scores $250M investment from Orion for Thacker Pass
Lithium Americas (NYSE:LAC) +3.5% pre-market Thursday after announcing a $250M strategic investment from Orion Resource Partners for the development and construction of Phase 1 of the Thacker Pass lithium project in Nevada; Phase 1 completion is targeted for late 2027.
Orion has committed to purchase $195M in senior unsecured convertible notes and enter into a $25M production payment agreement based on the minerals processed and gross revenue generated by Thacker Pass, for a combined $220M initial investment; Orion also intends to purchase an additional $30M in aggregate principal amount notes within two years.
Orion also agreed to evaluate the potential to support up to $500M of financing for the construction and development of Thacker Pass Phase 2.
Lithium Americas (NYSE:LAC) expects Orion's initial $220M investment will satisfy all remaining requirements from both the U.S. Department of Energy and joint venture partner General Motors to satisfy all remaining equity capital fundraising requirements under the previously announced $2.26B loan from the DoE.
Link to Seeking Alpha News Article - Mar. 06, 2025
Tesla to build a third Megafactory at a facility near Houston
Tesla (NASDAQ:TSLA) plans to build a new Megafactory in Texas near Houston, according to a tax abatement agreement with Waller County spotted by Electrek. The company is going to take over a 1-million-square-ft building that it already held the lease on at the Empire West industrial park near Katy, Texas. Tesla (NASDAQ:TSLA) will use the facility to build Megapack production lines.
Tesla (TSLA) officials said during a commissioner's court meeting this week that the facility would be a replication of a factory in Lathrop, California. Changes to the existing manufacturing facility include improvements to the facility's electrical capacity, and heating and cooling equipment. Tesla (TSLA) will install manufacturing equipment with an estimated cost of approximately $150 million.
The Katy Megapack battery storage manufacturing facility will be the company's third after the location in California and a new facility in operation in Shanghai.
Link to Seeking Alpha News Article - Mar. 06, 2025
[Newsletter Exclusive] LifeMD, Teladoc partner with LillyDirect pharmacy provider Gifthealth for Zepbound
Healthcare services companies LifeMD (NASDAQ:LFMD) and Teladoc Health (NYSE:TDOC) announced partnerships with Gifthealth, a pharmacy provider for Eli Lilly's (NYSE:LLY) direct-to-consumer platform, LillyDirect.
As part of the deals, Zepbound, Lilly's weight-loss therapy, will be available in single-dose vials to LifeMD patients and Teladoc Health members enrolled in its weight care program.
Link to Seeking Alpha News Article - Mar. 06, 2025
[Newsletter Exclusive] Is the S&P 500 a buying opportunity? Oppenheimer highlights 200-Day MA as a key level
Oppenheimer Asset Management pointed out that the S&P 500 (SP500) has dipped down to test its 200-day moving average, which they view as a potential buying opportunity for bullish investors looking for quality entry points in the market.
“We’ll be watching for signs of a near-term bottom over the coming days. Day traders can consider buying the S&P 500 with a stop on a close below 5,725 (200-day average),” Oppenheimer Asset Management remarked.
Additionally, the investment institution further commented: “The S&P 500 has corrected towards a test of its 200-day average marking support at 5,725. Lackluster action into Tuesday’s close suggests some follow through selling is possible this week. Still, we see the potential for a relief rally before selling continues later this month.”
As of Thursday, the benchmark S&P 500 trades at 5,755 and is off its all time high of 6,147.43 by 6.3%.
In other technical regards, the broader average has been flirting with oversold levels when examining the relative strength index (RSI) as it sits at 39.45 and came as low as 33.35 earlier this week.
Link to Seeking Alpha News Article - Mar. 06, 2025
Intuitive Machines shares unravel as lunar lander apparently lands on its side - again
The second moon landing by Intuitive Machines (LUNR) appears to have suffered the same fate as its first try last year, with data indicating the Athena lander ended on its side on the lunar surface after problems with its laser rangefinders, the U.S. company said on Thursday.
The six-legged Athena lander, carrying 11 payloads and scientific instruments, touched down at a site some 100 miles (160 km) from the lunar south pole after launching atop a SpaceX rocket on February 26 from Florida.
Link to Reuters News Article - Mar. 06, 2025
Apple says more personalized version of Siri is delayed
Apple (NASDAQ:AAPL) said the updated, more personalized version of its digital voice assistant Siri has been delayed to 2026.
"It's going to take us longer than we thought to deliver on these features and we anticipated rolling them out in the coming year," the iPhone maker said in a statement obtained by Reuters.
Link to Seeking Alpha News Article - Mar. 07, 2025
Opinion Pieces - Facts & Opinions - Long Reads:
NET Power: Small Bet For A Massive Payoff
We are a clean energy technology company that has developed a unique power generation system (the “Net Power Cycle”) that can produce clean, reliable, and low-cost electricity from natural gas while capturing virtually all atmospheric emissions.
Net Power began purchasing and expects to make additional purchases of initial long-lead materials for the first utility-scale plant in 2024 and 2025 and targets initial power generation between the second half of 2027 and the first half of 2028.
NPWR is in the early stages of its growth plan. It has the advantage however of being owned by several large energy conglomerates like Occidental Petroleum (OXY). According to filings OXY owns 42% of all shares in NPWR.
The business model is very asset-light since NPWR will be generating the primary portion of all revenues through licensing deals which include the allotment to use the technology that NPWR has developed which is also patented by the company. Over the long term, this business model should create higher margins due to lower operating costs and lower costs associated with sales.
Link to Seeking Alpha Opinion Piece - Mar. 04, 2025
Charts & Technicals:
Marvell Technology in charts: Data center revenue continues to show impressive Y/Y growth in Q4
Link to Seeking Alpha News Article - Mar. 05, 2025
Broadcom in charts: Adjusted EBITDA crosses $10B in FQ1
Link to Seeking Alpha News Article - Mar. 06, 2025
Disclosure: We own positions in some/all of the tickers mentioned in this article.
