Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The New York Times Company reported strong operational and financial performance in the second quarter of 2026, demonstrating progress across its strategic priorities.</li><li>The company continued to leverage its journalistic strengths by covering significant global and cultural events while expanding its presence in video content.</li><li>It launched new features such as a shows tab in its flagship app to enhance user engagement and broadened its video offerings, producing thousands of new videos each quarter.</li></ul>

The New York Times Company reported strong operational and financial performance in the second quarter of 2026, demonstrating progress across its strategic priorities.The company continued to leverage its journalistic strengths by covering significant global and cultural events while expanding its presence in video content.It launched new features such as a shows tab in its flagship app to enhance user engagement and broadened its video offerings, producing thousands of new videos each quarter.

New York Times’ 13.4 Million Subscriber Engine: Can Video Unlock The Next Growth Wave?

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Cross Asset Strategy

<ul><li>(+) Global financial markets eased as Brent crude declined for a third consecutive day on hopes that China could help alleviate near-term oil supply disruptions.</li><li>(+) The National Energy Policy Council maintained the Ft rate for the final four months of 2026, raised the household solar target to 10GW and removed the MW cap on Direct PPAs.</li><li>Fitch Ratings upgraded Thailand's credit outlook to Stable from Negative, as the economy has weathered the global energy price crisis better than expected and Al-related investment is accelerating.</li></ul>

(+) Global financial markets eased as Brent crude declined for a third consecutive day on hopes that China could help alleviate near-term oil supply disruptions.(+) The National Energy Policy Council maintained the Ft rate for the final four months of 2026, raised the household solar target to 10GW and removed the MW cap on Direct PPAs.Fitch Ratings upgraded Thailand's credit outlook to Stable from Negative, as the economy has weathered the global energy price crisis better than expected and Al-related investment is accelerating.

Krungthai XSpring Zoom Eng. September 21, 2026

<ul><li>The New York Times Company reported its first quarter results for 2026, demonstrating continued momentum across its digital subscription base, advertising revenues, and content expansion initiatives.</li><li>The company added 310,000 net new digital-only subscribers, bringing the total digital subscriber base to over 13 million, moving closer to the midterm target of 15 million.</li><li>Digital-only subscription revenue grew approximately 16% year-over-year to $389 million, driven by both subscriber growth and a 2.4% rise in average revenue per user (ARPU), reflecting successful pricing strategies and transitions from promotional rates.</li></ul>

The New York Times Company reported its first quarter results for 2026, demonstrating continued momentum across its digital subscription base, advertising revenues, and content expansion initiatives.The company added 310,000 net new digital-only subscribers, bringing the total digital subscriber base to over 13 million, moving closer to the midterm target of 15 million.Digital-only subscription revenue grew approximately 16% year-over-year to $389 million, driven by both subscriber growth and a 2.4% rise in average revenue per user (ARPU), reflecting successful pricing strategies and transitions from promotional rates.

The New York Times Company’s Amazon AI Partnership Signals A New Content Rights Play!

<ul><li>When Warren Buffett’s Berkshire Hathaway disclosed a new 5-million-share stake in The New York Times Company, it didn’t exactly shake Wall Street.</li><li>At roughly $350–$375 million, it’s tiny by Berkshire standards—especially compared with its still-massive Apple and American Express holdings.</li><li>But the context matters.</li></ul>

When Warren Buffett’s Berkshire Hathaway disclosed a new 5-million-share stake in The New York Times Company, it didn’t exactly shake Wall Street.At roughly $350–$375 million, it’s tiny by Berkshire standards—especially compared with its still-massive Apple and American Express holdings.But the context matters.

The New York Times Just Got Buffett’s Attention — Here’s Why!

<ul><li>The New York Times Company reported a successful third quarter of 2025, characterized by substantial growth in digital subscribers, revenue, and advertising.</li><li>With a net addition of 460,000 digital subscribers, the company's total subscriber count reached 12.3 million, further advancing its goal toward a milestone of 15 million subscribers.</li><li>Digital subscription revenue rose by 14%, a testament to The New York Times Company's effective engagement strategies across multiple platforms.</li></ul>

The New York Times Company reported a successful third quarter of 2025, characterized by substantial growth in digital subscribers, revenue, and advertising.With a net addition of 460,000 digital subscribers, the company's total subscriber count reached 12.3 million, further advancing its goal toward a milestone of 15 million subscribers.Digital subscription revenue rose by 14%, a testament to The New York Times Company's effective engagement strategies across multiple platforms.

New York Times Adds 460,000 Subscribers—The Growth Story No One Expected!

United States

The New York Times Company operates media businesses.  The Company publishes daily newspapers and operates Internet websites.  The newspapers and websites distribute news and entertainment.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

New York Times Co A (NYT US)

New York Times’ 13.4 Million Subscriber Engine: Can Video Unlock The Next Growth Wave?

The New York Times Company reported strong operational and financial performance in the second quarter of 2026, demonstrating progress across its...

Baptista Research

Krungthai XSpring Zoom Eng. September 21, 2026

(+) Global financial markets eased as Brent crude declined for a third consecutive day on hopes that China could help alleviate near-term oil...

Krungthai XSpring

The New York Times Company’s Amazon AI Partnership Signals A New Content Rights Play!

The New York Times Company reported its first quarter results for 2026, demonstrating continued momentum across its digital subscription base,...

Baptista Research

The New York Times Just Got Buffett’s Attention — Here’s Why!

When Warren Buffett’s Berkshire Hathaway disclosed a new 5-million-share stake in The New York Times Company, it didn’t exactly shake Wall...

Baptista Research

New York Times Adds 460,000 Subscribers—The Growth Story No One Expected!

The New York Times Company reported a successful third quarter of 2025, characterized by substantial growth in digital subscribers, revenue, and...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)