In today’s briefing:
- Ohayo Japan | Wall Street Steady as Yields Ease
- US Middle East AI Splurge. A Bold Move But Also A Curious Affair
- Japan Morning Connection: Computex Fails to Excite, but Dip Buyers Stepping in OTD
- Monday Delight: 19/05/25
- #149 India Insight: IndusInd Flags ₹674cr Error, ReNew Adds 2.8GW, Defence up ₹50Kcr
Ohayo Japan | Wall Street Steady as Yields Ease
- The S&P 500 rose 0.1% to 5,963.60, its sixth straight gain, as Treasury yields eased after spiking on Moody’s downgrade
- Nippon Steel plans to invest up to 2 trillion yen in U.S. production if its acquisition of U.S. Steel is approved by the Trump administration.
- 3D Investment Partners, a Singapore-based activist shareholder fund, has increased its stake in Mitsui-Soko Holdings
US Middle East AI Splurge. A Bold Move But Also A Curious Affair
- AMD & NVIDIA both pocket deals to equip 500MW data centers in Saudi Arabia over the next 5 years.
- UAE announced plans to build 5GW of data centre capacity with local champion G42 leading the charge. Microsoft and Cerebras were notable by their absence last week.
- The Middle East deals are good news for US AI/Technology champions however the benefits will likely take years to fully accrue.
Japan Morning Connection: Computex Fails to Excite, but Dip Buyers Stepping in OTD
- NVDA opening its AI ecosystem to the likes of Fujitsu and Qualcomm.
- Intel’s make-or-break 18A process Panther lake seems to be well received at first look.
- Toyota announces Y3trn worth of loans for its Y6trn Industries acquisition, removing concerns for raise.
Monday Delight: 19/05/25
- Each week, I’ll share five intriguing investment ideas that recently caught my attention. These ideas are meant to spark your research and help you kickstart the week ahead with fresh insights.
- Because these ideas are the result of my first-level idea generation process, they require more in depth research. Therefore, the ideas will often be concise, with occasional references to valuable work from other practitioners that I encourage you to explore.
- If you have something fascinating to share that could benefit me and the wider community, don’t hesitate to send it my way—I’d love to hear from you!
#149 India Insight: IndusInd Flags ₹674cr Error, ReNew Adds 2.8GW, Defence up ₹50Kcr
- Indusind Bank (IIB IN) flagged a Rs 674 crore interest misstatement in its microfinance business, fully reversing the amount in January.
- ReNew Energy plans a $2.57 billion hybrid solar-wind project in Andhra Pradesh, adding 2.8 GW to India’s clean energy capacity.
- India’s defence budget may receive Rs 50,000 crore boost after Operation Sindoor, taking total allocation past Rs 7 lakh crore.
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