In today’s briefing:
- ZEEKR (ZK US): Geely Firms Low-Balled Offer. It Is What It Is
- Strategic Trade-Offs Define Chipmakers’ Limited China Reopening
- Adobe Has The Potential To Turn AI Into Billions—Can Firefly & GenStudio Redefine Creative Monetization?
- ArcelorMittal: Initiation of Coverage- Why Its EAF Ramp-Up & Trade Tailwinds Are Fueling a Steel Revival!
- Delta Air Lines: Its Positive Outlook On Corporate Travel & Sector Demand May Not Be ENOUGH To Warrant Optimism!
- Ambiq Micro, Inc. (AMBQ): Peeking at the IPO Prospectus of the Next Semiconductor Solutions Company
- Casey’s General Stores Is Quietly Expanding Across America with Savvy Acquisitions & Culinary Upgrades!
- The Simply Good Foods Company: Addressing Distribution Challenges with Atkins to Stabilize & Potentially Restore Growth!
- Copa Holdings Just Locked in 57 New Aircrafts—Is This the Smartest Fleet Move in Emerging Markets?
- ENSC: Game-changing Pain Reliever Begins Phase 3
ZEEKR (ZK US): Geely Firms Low-Balled Offer. It Is What It Is
- Back on the 7th May, Geely Auto (175 HK), China’s second-largest carmaker, made a US$25.66/ADS non-binding proposal for 62.8%-held ZEEKR (ZK US), a premium Chinese electric vehicle manufacturer
- Yesterday, Geely tweaked and firmed terms at US$26.87/ADS, a 4.7% bump to the original NBIO, and ~3.4% below ZEEKR’s last close. ZEEKR promptly gained 2.4% on the news.
- ZEEKR shareholders also have the option to receive Geely scrip. Given Geely’s and Li Shufu’s (10.61%) holdings – neither are required to abstain on voting – this Offer is done.
Strategic Trade-Offs Define Chipmakers’ Limited China Reopening
- Nvidia and AMD are set to resume scaled-down AI chip exports to China, marking a partial reversal of earlier U.S. export bans.
- China retains a near-monopoly on REE refining, controlling roughly 90% of global capacity, and its March 2025 export halt highlighted the leverage it holds over high-tech and defence supply chains.
- While markets rallied on the chip announcements, IV data suggests diverging risk expectations across Nvidia, AMD, and MP Materials, reflecting broader uncertainty around the durability and scope of this reopening.
Adobe Has The Potential To Turn AI Into Billions—Can Firefly & GenStudio Redefine Creative Monetization?
- Adobe Inc.’s second quarter financial results for fiscal year 2025 demonstrate a strong performance, marked by significant revenue growth and strategic advancements in its core business segments.
- The company’s total revenue reached $5.87 billion, an 11% increase year-over-year, with a noteworthy contribution from its Digital Media sector, which achieved $4.35 billion in revenue.
- This sector’s annual recurring revenue (ARR) grew to $18.09 billion, reflecting a 12.1% increase.
ArcelorMittal: Initiation of Coverage- Why Its EAF Ramp-Up & Trade Tailwinds Are Fueling a Steel Revival!
- ArcelorMittal’s first quarter 2025 performance presents a mixed bag of accomplishments and ongoing challenges.
- Safety remains a major priority, with the company focusing on implementing strategic changes to achieve zero fatalities and serious injuries, aiming for complete transformation over a three-year period.
- Financially, the quarter exhibited robust operational performance with strong cash flows, particularly highlighted by exceptional results from the company’s Mining segment in Liberia.
Delta Air Lines: Its Positive Outlook On Corporate Travel & Sector Demand May Not Be ENOUGH To Warrant Optimism!
- Delta Air Lines’ recent financial results for the June quarter of 2025 present a mixed picture of performance, underscored by robust operational execution and challenging market dynamics.
- The company reported a pretax income of $1.8 billion, or earnings of $2.10 per share, on record quarterly revenue of $15.5 billion, which was in line with its April guidance.
- Despite economic uncertainties, the airline achieved an operating margin of 13.2% and generated $700 million in free cash flow, indicating effective cost management and operational efficiency.
Ambiq Micro, Inc. (AMBQ): Peeking at the IPO Prospectus of the Next Semiconductor Solutions Company
- The company describes itself as a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute.
- For the three months ended March 31, 2025 and 2024, they generated net sales of $15.7 million and $15.2 million, respectively.
- The sector in which this company operates is one that is in favor. Powering the AI trade is one that investors are highly engaged in at the moment.
Casey’s General Stores Is Quietly Expanding Across America with Savvy Acquisitions & Culinary Upgrades!
- Casey’s General Stores’ performance in Q4 and the fiscal year 2025 showed promising growth along with some challenges.
- Positively, the company reported record earnings per share for the year, reaching $14.64, a 9% increase over the previous year.
- Net income also increased to a record $547 million, with EBITDA hitting $1.2 billion, reflecting strong financial health.
The Simply Good Foods Company: Addressing Distribution Challenges with Atkins to Stabilize & Potentially Restore Growth!
- The Simply Good Foods Company reported strong third-quarter fiscal year 2025 performance, bolstered by its strategic acquisition of Only What You Need, Inc. (OWYN) and continued organic growth.
- Total net sales increased by 13.8% to $381 million, primarily driven by the inclusion of OWYN, which contributed $33.6 million, and Quest’s organic growth of 15%.
- However, the decline in Atkins sales countered this advancement, as the brand’s consumption decreased by 12.7%.
Copa Holdings Just Locked in 57 New Aircrafts—Is This the Smartest Fleet Move in Emerging Markets?
- Copa Holdings reported strong financial results for the first quarter, highlighted by a significant operating margin of 23.8%.
- The company’s performance was characterized by growth in passenger traffic and an increase in capacity.
- Additionally, the load factor improved to 86.4%, indicating efficient utilization of available capacity.
ENSC: Game-changing Pain Reliever Begins Phase 3
- Ensysce Biosciences is committed to finding a solution to the opioid crisis plaguing the US and other developed countries around the world.
- Through its proprietary TAAP technology Ensysce is in the process of receiving approval for an abuse-resistant yet still pain-relieving opioid.
- The company announced that it has initiated its pivotal Phase 3 study of PF614.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
