In today’s briefing:
- Raksul (4384 JP): Goldman-Backed Founder MBO Highlights Japan’s New Tech Take-Private Cycle
- Alphabet. More Of The AI, Less Of The Drama
- Microsoft Is Turning The Fed’s Rate Cut Into A 2026 AI Spending Supercycle!
- TeraWulf: How Far Can Its High-Impact Google-Backed Partnerships Push Its Market Climb?
- US Indices (SPX,NDX) Tactical Outlook After After the Fed’s Final Rate Cut
- SoundHound Inside: How Strategic Partnerships Are Powering Its Next Big AI Revenue Surge!
- Monday.com Inside: How Diversified Sales Channels Are Helping It Win Bigger, Faster!
- Amazon.com Inc – Amazon Just Made Groceries a 5-Hour Game—Here’s What’s Fueling the Shift!
- Oracle, Broadcom: Communication Errors – Bullish Tone when the Market Only Hear Concerns
- Freebit Co Ltd (3843 JP): 1H FY04/26 flash update
Raksul (4384 JP): Goldman-Backed Founder MBO Highlights Japan’s New Tech Take-Private Cycle
- Goldman Sachs will take Raksul private via a ~¥100bn MBO, restoring meaningful governance influence to the founder—one of the most explicitly founder-aligned take-privates in Japan’s tech sector.
- Public markets consistently undervalued Raksul’s multi-vertical SME platform; going private enables longer-horizon investment, selective M&A, and disciplined scaling across printing, logistics, marketing tech, and adjacent digital services.
- Deal completion probability is high (90–95%): a fair premium, full founder support, and limited interloper risk leave minority shareholders best served by tendering into the offer.
Alphabet. More Of The AI, Less Of The Drama
- Marc Benioff on Gemini 3: I’ve used ChatGPT every day for 3 years. Just spent 2 hours on Gemini 3. I’m not going back. The leap is insane
- Anthropic on expansion of Google Cloud TPU: The expansion is worth tens of billions of dollars and is expected to bring well over a gigawatt of capacity online in 2026.
- DeepMind is Alphabet’s dark horse. AlphaFold is one of the most significant AI-related accomplishments ever. What will they turn their attention to next? Let’s see…
Microsoft Is Turning The Fed’s Rate Cut Into A 2026 AI Spending Supercycle!
- The big story heading into 2026 is simple.
- Microsoft looks like the early favorite to be the market’s biggest AI winner.
- Every new budget cycle pushes more workloads, more data, and more everyday work into Azure and Copilot.
TeraWulf: How Far Can Its High-Impact Google-Backed Partnerships Push Its Market Climb?
- TeraWulf’s third-quarter 2025 earnings call reflects both noteworthy achievements and areas of concern, contributing to a balanced investment thesis.
- This period has been pivotal, with the company signing a landmark 360-megawatt IT load agreement at its Lake Mariner campus, in collaboration with Fluidstack and backed by Google.
- This 10-year contract is anticipated to generate substantial annual revenue and operating income, underscoring the strategic shift towards high-performance computing (HPC) and establishing TeraWulf as a leader in this transition.
US Indices (SPX,NDX) Tactical Outlook After After the Fed’s Final Rate Cut
- The Fed cut rates this week—likely the last cut for an extended period—and moved into a wait-and-see stance / monitoring mode, to assess economic conditions ahead.
- Both the S&P 500 INDEX (SPX INDEX) and the Nasdaq-100 Stock Index (NDX INDEX) have suffered very high volatility this week, after the Fed decision, after several flat days.
- This insight will try to forecast what is the next probable direction for the two main US indices in the next few weeks.
SoundHound Inside: How Strategic Partnerships Are Powering Its Next Big AI Revenue Surge!
- SoundHound, a pioneer in the field of voice and conversational AI, presented its third-quarter results for 2025.
- The company highlighted robust revenue growth, expanded technological reach, and strategic acquisitions, underscoring a period of precise execution amid booming enterprise AI adoption.
- In terms of financial performance, SoundHound reported a sizable 68% increase in revenue year-over-year, reaching $42 million for the quarter.
Monday.com Inside: How Diversified Sales Channels Are Helping It Win Bigger, Faster!
- Monday.com reported robust financial results for the third quarter of fiscal year 2025, reflecting both strengths and challenges in its business strategy and execution.
- The company’s revenue rose by 26% year-over-year to $317 million, demonstrating solid growth, particularly driven by expansion in their large customer base.
- The company successfully added more large customers, with significant growth in accounts of $50,000, $100,000, and $500,000 in annual recurring revenue (ARR).
Amazon.com Inc – Amazon Just Made Groceries a 5-Hour Game—Here’s What’s Fueling the Shift!
- Amazon’s bold move to expand same-day perishable grocery delivery to over 2,300 U.S. cities is now intersecting with an equally bold policy shift from the Federal Reserve.
- With the central bank announcing a rate cut for the first time in two years, Amazon finds itself in a macro environment that could supercharge its delivery ambitions—or complicate them.
- The Fed’s monetary easing lowers borrowing costs, boosts consumer liquidity, and alters capital allocation across sectors.
Oracle, Broadcom: Communication Errors – Bullish Tone when the Market Only Hear Concerns
- Oracle: results were decent. Management released a huge Remaining Performance Obligation number aka future AI Infra revenue. That spooked the market.
- Broadcom: a very good quarter, AI semi revenue guidance back on track. But Broadcom will reach its 2027 revenue target ($60-90bn) with 5 customers, not 3.
- Results and outlook (for both) were ok to good; market reaction very negative. 1) the AI narrative is dead 2) the correction is especially steep for expensive stocks
Freebit Co Ltd (3843 JP): 1H FY04/26 flash update
- In 1H FY04/26, the company reported revenue of JPY30.8bn, operating profit of JPY3.5bn, and net income of JPY2.3bn.
- Business support services for MVNOs saw revenue grow 13.2% YoY to JPY5.9bn, with operating profit rising 45.3% YoY.
- Revenue from the affiliate business increased 20.5% YoY to JPY12.1bn, but operating profit declined 33.8% YoY.
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