Smartkarma Daily Briefs

• The company filed the required SEC filings right on the deadline of 25 February 2025, thus has avoided a Nasdaq delisting and consequently a deletion from s&p500 and other indices.
• The security continues to be a contender for Nasdaq-100 inclusion at the December 2025 annual review.
• The stock is up ~21.7% pre-market following the SEC filings.

• The S&P 500 index tracks the 500 largest names listed in the US and it is one of the most highly-tracked indices in the world.
• In this insight, we take a look at the upcoming constituent changes in the run up to the March 2025 index rebal event.
• In this insight, we take a final look at the potential ADDs and DELs leading the rankings for the upcoming review.

• iPhone 16e starting at $599, positioned as entry level but not bare bones
• Apple targeting customers who hold onto phones for a long time with best battery life in any iPhone
• Modem C1 upgrade seen as key contributor to improved battery life, but was not highlighted in launch, raising questions about performance quality

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Nvidia has been the unrivaled darling of the AI boom, establishing itself as a portfolio must-have, and is now the second-most valuable company in the world. 
• Wafer-Thin AI chips are the company’s biggest earnings driver, but Nvidia is growing in other high-margin segments too, including software, gaming, and automotive.
• Here’s what makes this company important, what to expect next from the tech giant, and – most interestingly – what Nvidia’s stock is really worth.

• Kestra was founded in 2014 by Bain Capital private equity and leaders from the external (AED) and internal (ICD) defibrillation industries. 
• The company is seeking a valuation between $667m-$762m based on the $14-$16 range.
• Given the financials, sector in which this company operates in and the strong backing, it is our early opinion that the IPO will likely be well-received.

• Costar Group (CSGP US) to acquire Matterport (MTTR US) for $1.6 billion, boosting its digital real estate capabilities.
• The regulatory hurdles and recent optimism on expected completion of the acquisition.
• The acquisition’s impact on major U.S. indices, expected mostly on an intra-quarter basis.

• NVIDIA Corp (NVDA US) will release its earnings at the end of today’s US session. This insight offers a quick view of possible support and resistance for derivatives traders.
• The stock is currently mildly oversold, aroud 50% probability of reversal according to our quantitative PRICE model and about 78% probability of reversal according to our quantitative TIME model.
• WEEKLY TACTICAL TARGETS: buy below 125 (with room to go to 92 if the earnings are disappointing) and sell above 147 (the limit should be 161).

• Formation of a two-party coalition is seen as good news, as it eliminates the need to bring in additional parties with conflicting views
• Despite differences in specific tools, major parties align on broad objectives such as reducing energy prices and supporting key sectors
• The sense of responsibility to keep far-right parties out of power may drive centrist parties to work together effectively, potentially boosting business sentiment

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Digital Realty is a global data center player across all major markets.  The DC demand will be back by secular trends including AI, Cloud and enterprise digitalization
• DLR’s focus on pricing, development pipeline and balance sheet enables it to achieve long-term sustainable growth, delivering a mid single digit FFO growth
• We also think DLR has maintained a strong balance sheet.  DLR is still in the process of de-leveraging with healthy credit metrics

• In today’s Morning Views publication we comment on developments of the following high yield issuers: Sands China, MGM China, Biocon Biologics
• In the US, the Conference Board consumer confidence index slipped to 98.3 (102.5 e / 105.3 p) in February, the largest monthly decline since August 2021. The expectations index fell below 80 for the first time since June 2024, with the threshold usually indicating a recession ahead.
• Treasuries climbed for a fifth straight day, with yields declining 8-11 bps across the curve given the weak consumer confidence data and amid a strong auction of 5Y notes.