In today’s briefing:
- Amazon’s New AI Fortress: A $50 Billion Investment In Data Centres To Transform Government Computing!
- Biogen’s $50 Million Immunology Power Move: Are Oral Peptides The Future?
- Dynatrace: ServiceNow & Atlassian Partnerships Could Transform Its Growth Trajectory!
- US Foods Ends Mega Merger Talks With Performance Food—What’s Next?
- JLL Inside the Leasing Comeback: How the Firm Is Securing Bigger, Faster Deals!
- Diesel Tightness Isn’t Done Yet: Refining Margins Look Set to Stay Elevated
- GES: With Terms Fully Set, Time to Bow Out; Dropping Coverage of GES
- Snap Inc.: Inside the Strategy Supercharging Engagement Across Ads, AI, & AR!
- Google’s Bold AI Leap: Gemini 3 Gains, Surging Profits, and Meta’s Billion-Dollar TPU Bet!
- Oil futures: Crude slides as Ukraine backs new peace proposal
Amazon’s New AI Fortress: A $50 Billion Investment In Data Centres To Transform Government Computing!
- Amazon.com reported robust financial results for the third quarter of 2025, highlighting both progress and challenges across its business segments.
- Total revenue reached $180.2 billion, marking a year-over-year increase of 12% when adjusting for foreign exchange impacts.
- Operating income was reported at $17.4 billion, however, this was impacted by two significant expenses: a $2.5 billion FTC settlement and $1.8 billion in estimated severance costs.
Biogen’s $50 Million Immunology Power Move: Are Oral Peptides The Future?
- Biogen Inc. has made headlines with its latest strategic maneuver: a $50 million research partnership with Dayra Therapeutics, a biotech innovator specializing in macrocyclic peptides.
- This move signals Biogen’s intensified push into the immunology space, a significant pivot from its traditional focus on neuroscience.
- The deal gives Biogen early access to a platform designed to develop oral treatments for autoimmune and inflammatory conditions—categories currently dominated by injectable therapies.
Dynatrace: ServiceNow & Atlassian Partnerships Could Transform Its Growth Trajectory!
- Dynatrace recently reported its fiscal second quarter of 2026 results, showcasing a robust performance that exceeded its guidance across various metrics.
- The company reported a 16% growth in Annual Recurring Revenue (ARR), a 17% growth in subscription revenue, and a pretax free cash flow representing 32% of revenue on a trailing 12-month basis.
- Such strong results underline the company’s successful strategy execution, driven by growing demand in end-to-end observability and multi-cloud tool consolidation.
US Foods Ends Mega Merger Talks With Performance Food—What’s Next?
- US Foods and Performance Food Group have officially ended their merger discussions, closing the door on what could have been the most consequential consolidation event in modern food‑distribution history.
- After months of due diligence and information‑sharing, both companies independently concluded that pursuing their standalone strategies would create greater long‑term shareholder value than combining into a $30 billion foodservice powerhouse capable of rivaling Sysco.
- The decision follows heightened regulatory considerations, diverging strategic priorities, and each company’s confidence in its independent business trajectory.
JLL Inside the Leasing Comeback: How the Firm Is Securing Bigger, Faster Deals!
- Jones Lang LaSalle Incorporated (JLL) has reported robust third-quarter results for 2025, marking continued growth and momentum across its diverse real estate services and investment management operations.
- The firm continues to benefit from its expansive global presence and diversified platform, emphasizing strong investment in technology as a key differentiator in enhancing productivity and client solutions.
- During the third quarter, JLL achieved a 10% increase in revenue and a 16% rise in adjusted EBITDA, contributing to a 29% climb in adjusted earnings per share (EPS).
Diesel Tightness Isn’t Done Yet: Refining Margins Look Set to Stay Elevated
- Refining margins surged as diesel shortages deepened, driven by outages, sanctions, and shrinking Western capacity. Diesel-led product strength lifted refining margins even as crude stayed weak.
- The U.S. crack spread hit its 2025 high in November. Despite a brief correction, Europe’s structural tightness will keep the demand for diesel high.
- Europe’s sanctions, limited capacity, and winter demand will boost U.S. exports, keeping gasoline and distillate inventories tight despite temporary price corrections.
GES: With Terms Fully Set, Time to Bow Out; Dropping Coverage of GES
- We are dropping research coverage of GES after the company reported strong 3Q results (handily beating the Street in almost every level) but, more importantly, provided the final pieces to the merger puzzle timing and return.
- With Guess?
- disclosing the November 21st approval of the Merger Agreement at a special shareholder meeting and the issuance of a final $0.225 per GES share dividend to shareholders of record on December 10th, the management buyout with leading brand licensee Authentic Brands Group will provide GES shareholders with a confirmed final payment of $16.975 in cash per GES share ($16.75 for the merger and dividend of $0.225) a slight discount to Tuesday’s closing price.
Snap Inc.: Inside the Strategy Supercharging Engagement Across Ads, AI, & AR!
- Snap Inc.’s recent earnings report highlights a mix of progress and challenges as the company continues its strategic initiatives.
- On the positive side, Snap has demonstrated significant growth in user engagement and revenue.
- The company reported 477 million daily active users, marking an 8% increase year-over-year, and achieved a 10% year-over-year increase in revenue, reaching $1.51 billion.
Google’s Bold AI Leap: Gemini 3 Gains, Surging Profits, and Meta’s Billion-Dollar TPU Bet!
- Alphabet Inc. is redefining the AI race.
- In just one year, the company has turned investor fears of regulatory pressure and AI disruption into an explosive rally, with nearly 90% stock gains driven equally by earnings growth and multiple expansion.
- At the core of this resurgence lies the successful launch of Gemini 3—Alphabet’s newest large language model featuring advanced tools like Deep Think and generative interfaces—alongside four consecutive earnings beats and an unprecedented operating margin expansion.
Oil futures: Crude slides as Ukraine backs new peace proposal
- Crude oil futures fell on Tuesday after Ukraine agreed to an amended peace deal following negotiations with the US, although Russia’s reaction to the new terms remains unclear.
- Front-month Jan26 ICE Brent futures were trading at $62.42/b (1951 GMT) versus Monday’s settle of $63.37/b, while Jan26 NYMEX WTI was at $57.91/b against a previous close of $58.84/b.
- The original 28-point blueprint was widely viewed as too lopsided in favour of Moscow, but following weekend talks in Geneva, the proposals have been reduced to 19 points, removing some of the more onerous conditions that were backed by Russia.
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