With Koninklijke Philips N.V. ( PHG ), we started the year with a neutral stance after the JPM Healthcare Conference and upgraded the stock to buy in July 2025. With the analysis called Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no respo ...

Core Viewpoint - Arista Networks (ANET) experienced a significant stock price increase of nearly 15% at the opening on January 22nd, ultimately closing the day with an approximate gain of 8% [1] Group 1: Stock Performance - The stock price surge of Arista Networks was notable and occurred immediately following a specific event, indicating a strong market reaction [1] Group 2: Analyst Insights - The article highlights the importance of fundamental equity research, macroeconomic factors, and geopolitical strategies in understanding stock movements and identifying investment opportunities [1]

Core Viewpoint - Allied Gaming & Entertainment Inc. has provided an update regarding a court order that allows the company to amend its complaint in an ongoing litigation against Knighted Pastures, LLC and related parties [1] Group 1 - The United States District Court for the Central District of California issued an order on January 5, 2026 [1] - The court granted Allied's unopposed motion for leave to amend its complaint [1] - The company is now permitted to proceed with its amended pleadings in the litigation [1]

Company Overview - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the Securities Exchange Commission (SEC) [1] - It offers comprehensive services including market and security research, business valuation, and wealth management [1] Investment Strategy - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - The investment approach integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative [1] Core Expertise - The firm's core expertise lies in disruptive technologies that are reshaping modern industries [1] - Key focus areas include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Core Insights - The Dimensional International Value ETF (DFIV) employs an active ex-US developed value strategy that consistently outperforms passive international value ETFs due to its active methodology and portfolio management [1] Group 1: Company Overview - DFIV is designed to deliver consistent alpha over other passive international value ETFs, indicating a strong performance relative to its peers [1] Group 2: Analyst Background - The analyst has over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation, market trends, and portfolio optimization [1] - The analyst previously held a Vice President position at Barclays, leading teams in model validation, stress testing, and regulatory finance, showcasing a deep expertise in both fundamental and technical analysis [1] - The analyst collaborates with a research partner to co-author investment research, combining strengths to provide high-quality, data-driven insights [1] Group 3: Research Focus - The research approach emphasizes rigorous risk management and a long-term perspective on value creation, with a particular interest in macroeconomic trends, corporate earnings, and financial statement analysis [1]

Investment Themes - The world needs to invest trillions of dollars in AI infrastructure and lower-carbon energy sources, alongside addressing the retirement-income gap due to an aging population [1][2] Brookfield Corporation - Brookfield Corporation is positioned at the intersection of AI infrastructure, wealth products, and real estate recovery, launching its first AI infrastructure fund targeting $100 billion in assets [4][5] - The company anticipates 25% annual earnings growth over the next five years, with a projected $7 trillion investment needed in AI infrastructure over the next decade [5] Kinder Morgan - Kinder Morgan operates the largest natural gas infrastructure platform in the U.S., transporting 40% of the country's gas production, and is well-positioned to meet the growing demand for gas [7][8] - The company expects gas demand to rise by 28 billion cubic feet per day by 2030, with $10 billion in new capital projects planned to enhance its growth outlook [8] Meta Platforms - Meta Platforms is investing heavily in AI, aiming to build personal superintelligence and has launched several AI products, including a popular AI chatbot and AI glasses [9][11] - The company is in the early stages of its AI potential, with significant upside expected for existing apps and new products [12] NextEra Energy - NextEra Energy is a leader in clean energy infrastructure, partnering with AI companies for power supplies and estimating investments of $295 billion to $325 billion in clean power and data centers through 2032 [12][14] Realty Income - Realty Income is a major REIT focusing on income-generating properties, benefiting from the $50 trillion need for U.S. retirement investment and the $14 trillion in corporate real estate [15][17] - The REIT aims to unlock real estate value through sale-leaseback transactions to support its high-yielding monthly dividend [17] Prologis - Prologis focuses on industrial real estate and is leveraging its expertise in energy to develop data centers, with a power pipeline of up to 5.7 gigawatts [18][19] - The company has strong momentum in logistics and digital infrastructure, signing a record 228 million square feet of leases last year, which is expected to drive earnings and dividend growth [19]

Core Insights - Tesla is advancing towards deploying its humanoid robot, Optimus, in its factories, with the Austin Gigafactory set as the next training site, aiming for a February start date [1] - The company has been training Optimus prototypes in its Fremont factory for over a year, using data collected from factory workers to teach the robot to perform tasks [2][3] - CEO Elon Musk anticipates that by the end of this year, Optimus will be capable of more complex tasks, with plans to sell humanoid robots to the public by the end of next year [4] Group 1: Training and Development - Tesla has been collecting video data to train Optimus, moving away from teleoperation methods, which allows for rapid data collection without motion capture constraints [6] - Optimus trainers are equipped with specialized helmets and backpacks to facilitate data collection, although the practicality of these setups is still being evaluated [7] - The company has deployed two autonomous Optimus robots in its factories, showcasing its capabilities in tasks such as arranging batteries [5] Group 2: Production and Future Plans - Tesla is also updating several production lines at its factories, indicating ongoing construction and development efforts [8] - The company has faced challenges with the Cybertruck line, leading to reduced production hours and a shift of workers to the Model Y line due to disappointing sales [9]

Core Insights - Micron Technology is becoming a crucial player in the AI semiconductor market, particularly in the memory chip segment that supports Nvidia's GPUs [1][2] - The demand for DRAM and HBM memory chips significantly exceeds supply, benefiting Micron in both the short and long term [9] Company Overview - Micron Technology specializes in memory chips, including DRAM and HBM, which are essential for AI computations due to their high data retrieval speeds [7] - The company has a market capitalization of $450 billion and a gross margin of 45.53% [8] Market Dynamics - Only three companies, including Micron, dominate the global supply of DRAM and HBM, leading to limited supply and massive demand [9] - Micron has already committed its entire supply of HBM for the 2026 calendar year, indicating strong future revenue prospects [10] Expansion Plans - Micron is investing over $200 billion to enhance its U.S. manufacturing capacity, including expansions in Virginia and new facilities in Idaho and New York [12] - The company has also signed a letter of intent to acquire a semiconductor fabrication site in Taiwan for $1.8 billion [12] Valuation and Investment Outlook - Despite a significant stock price increase in 2025, Micron's valuation remains reasonable at 5.5 times forward sales and 11 times forward earnings [13] - Micron is positioned as a long-term player in the AI sector, making it a solid investment opportunity for an AI-driven future [13]

Industry Overview - Robotaxis are poised to revolutionize the transportation industry, comparable to the impact of the automobile since its invention [1] - Grand View Research projects robotaxi sales to grow at an annual rate of 74% through 2030, with the ride-sharing market valued at $918 billion by 2033 [2] - Morgan Stanley estimates that autonomous vehicle sales will exceed $3 trillion by 2040 [2] Company Analysis Nvidia - Nvidia is a leader in autonomous driving technology, providing an end-to-end platform that includes hardware and software for self-driving cars [5][6] - The company’s Hyperion platform integrates hardware, software, and sensors necessary for autonomous driving, and collaborates with Uber to assist OEMs in building autonomous vehicles [7] - Wall Street forecasts Nvidia's earnings to grow at 38% annually over the next three years, making its current valuation of 45 times earnings reasonable [8] Uber Technologies - Uber operates the largest ride-sharing platform globally, making it a strategic partner for autonomous vehicle companies [10] - The company collaborates with over 20 AV partners and is already linking users with robotaxis in multiple cities [10] - Morgan Stanley predicts Uber will capture 22% of autonomous ride-sharing trips in the U.S. by 2032, with earnings expected to grow at 28% annually, resulting in a current valuation of 11 times earnings [11] Tesla - Tesla's full self-driving platform relies solely on computer vision, making it less costly and more scalable compared to competitors that use multiple sensor types [12][13] - The company plans to leverage its existing fleet of nearly 8 million cars to crowdsource robotaxis, allowing owners to earn income through the autonomous ride-sharing platform [14] - Morgan Stanley estimates Tesla will account for 25% of autonomous ride-sharing trips in the U.S. by 2032, although its valuation is complicated by struggles in its electric car business [15][16] Alphabet (Waymo) - Alphabet's Waymo leads the autonomous ride-sharing market with commercial services in five U.S. cities and is testing in numerous others [17] - Wall Street anticipates Alphabet's earnings to grow at 15% annually over the next three years, with a current valuation of 32 times earnings [18] - Morgan Stanley expects Waymo to maintain its market leadership, accounting for 34% of autonomous ride-sharing trips in the U.S. by 2032 [19]