see it is outperforming every single one of them. So joining us now is the analyst behind that upgrade. Call Stifel Managing director Brad Reback.Brad, the shares as I talk about it right now, have hit a record high in trading today. Oracle has I want to call it a stealth behemoth, but people have paid attention. It's a mega-cap name that is hitting record highs outperforming mag seven.This is a call that maybe is a little late. So why do it now. And what do you see ahead for Oracle.>> Absolutely. No questi ...

AI Infrastructure & Market Focus - Singal's mission is to empower every generation with products ranging from telecommunication to ICT, focusing on AI solutions for operational efficiency and new revenue streams [1] - The company is expanding its value proposition into AI infrastructure, building sovereign GPU clouds for mission-critical applications in both public and private sectors [4] - Top verticals include research (model training for R&D), public sector (nationwide AI-enabled citizen services and public safety), and fintech (fraud and scam prevention) [4][5] Challenges in AI Adoption - A significant challenge is the lack of AI-ready talent, prompting the need for no-code/low-code platforms to empower domain experts [2] - Enterprises face challenges related to AI-ready infrastructure, particularly concerns about data sovereignty and data leaving the country [3] Strategic Partnerships & Solutions - The company partners with providers like Nvidia and DDN to offer a unified platform, leveraging DDN as the data intelligence platform within the AI infrastructure stack [5] - The company provides turnkey digital infrastructure, from data centers to cloud infrastructure, enabling seamless workload hosting for enterprises [5]

>> Welcome to Squawk Box. Welcome back to Squawk Box. We've got a huge lot a lot of things to cover, a lot of ground to cover with our next guest.We're very excited about it. The markets the fed is excited about private markets I some very provocative views about alphabet which by the way didn't make his fantastic 40 list and so much more. An exclusive with famed tech investor Philippe Lafont.He's the founder and portfolio manager of Co two. It's a tech hedge fund, private markets investor, $55 billion unde ...

Financial Performance & Metrics - ASGN's TTM revenue is $4 billion[7], with free cash flow of $308.8 million[7] and adjusted EBITDA of $437.3 million[8] - Q1 2025 revenue was $968.3 million[34], a decrease compared to $1,049.0 million in Q1 2024[34], representing a -7.7% change[63] - Q1 2025 Adjusted EBITDA was $93.6 million[34] with a margin of 9.7%[34], compared to $108.3 million and 10.3% in Q1 2024[34] - The company estimates Q2 2025 revenues between $985.0 million and $1,015.0 million[36], representing a year-over-year revenue change of -4.8% to -1.9%[36] Segment Performance - Commercial segment revenue in Q1 2025 was $672.2 million[47], with consulting revenue contributing $290.1 million[47] - Federal segment revenue in Q1 2025 was $296.1 million[53], a decrease of -6.7% year-over-year[53] - The federal segment's funded backlog as of March 31, 2025, was $501.2 million[56], with an unfunded backlog of $2,664.4 million[56] Strategic Initiatives - ASGN acquired TopBloc, with estimated revenues of $150 million for full year 2025 and adjusted EBITDA margins in the high teens[29] - The company has a $750 million share repurchase plan[27] - IT consulting accounted for 61% of revenues as of Q1 2025[39]

Core Viewpoint - NuScale Power has experienced significant stock price volatility but has seen a substantial increase in value over the past year due to several catalysts that could drive future growth in the small modular reactor (SMR) market [2][12]. Group 1: Company Developments - NuScale's stock price has more than quadrupled in the last 12 months, indicating a strong recovery and investor interest [2]. - The company received a Standard Design Approval (SDA) from the U.S. Nuclear Regulatory Commission (NRC) for its SMRs, making it the only SMR manufacturer with such approval [5]. - After canceling its Idaho project due to rising costs, NuScale submitted a new application for a 77 MWe design, which was approved in early June, paving the way for its first firm orders in the U.S. market [6][7]. Group 2: Market Opportunities - NuScale generates most of its revenue from a project in Romania, where it is subcontracting for Fluor in the development of a 462-MWe VOYGR-6 SMR, with a final investment decision expected in 2026 [8]. - The company is in discussions with five hyperscale data center operators in the U.S., which could drive growth in its U.S. business [9]. - The ADVANCE Act, passed in July 2024, and the Department of Energy's $900 million funding for SMR development are expected to support NuScale's growth [9]. Group 3: Industry Outlook - The global SMR market is projected to grow at a CAGR of 8.9% from 2025 to 2034, indicating a favorable environment for NuScale's business [11]. - Analysts expect NuScale's revenue to surge at a CAGR of 118% from $37 million to $384 million between 2024 and 2027 as its business matures [11]. Group 4: Financial Position - NuScale has a market cap of $5.2 billion and is currently valued at 14 times its projected sales for 2027, indicating a high valuation relative to its current financial performance [12]. - The company held $521 million in cash, cash equivalents, and short-term investments at the end of its latest quarter, providing a solid financial foundation for future growth [12].

Core Insights - Alithya Group released its 2025 Industry Trends Reports focusing on manufacturing, healthcare, and financial services, providing insights into key trends, challenges, and opportunities for the next 12 months [1][7] Manufacturing Industry Trends - Manufacturers are increasingly adopting digital tools to enhance productivity, ensure continuity, and maintain a competitive edge, with AI, analytics, and cybersecurity becoming central to strategic planning [4][7] - Over 50% of respondents identified operational efficiency as their top innovation priority, and nearly half are utilizing AI for supplier diversification and demand forecasting [7] Healthcare Industry Trends - Healthcare leaders are addressing rising cyber risks, budget constraints, and the necessity for responsible AI use in patient care, with a focus on innovation driven by stability and security [5][7] - Cybersecurity is cited as the top challenge by 60% of respondents, an increase from its previous ranking in 2024 [7] Financial Services Industry Trends - Financial services firms are cautiously modernizing, balancing innovation with risk management, with cloud adoption, AI oversight, and automation shaping their future [6][7] - 75% of firms are progressing with secure cloud transformation, while 40% identify cybersecurity as a primary concern related to generative AI [7] Overall Industry Trends - The reports highlight a common trend of increased AI adoption across all sectors, with specific focus areas including AI governance, cybersecurity investments, and automation efficiency [2][7] - 60% of respondents are actively pursuing financial efficiency measures, and nearly 60% are investing in intelligent document processing to streamline operations [7]

Group 1 - IBM's supercomputer Watson achieved a significant technological milestone by defeating two human champions on the quiz show Jeopardy! in February 2011 [1] - This event not only showcased IBM's advancements in artificial intelligence but also set the stage for future developments in the field [1] Group 2 - The article reflects the author's investment criteria, emphasizing the importance of companies that demonstrate growth in revenue, earnings, and free cash flow [1] - It highlights a preference for companies with excellent growth prospects, favorable valuations, and high free cash flow margins [1]

Financial Performance - Oracle's fourth-quarter earnings per share beat estimates by $0.06, coming in at $1.70 [1] - Oracle's fourth-quarter adjusted revenue reached $15.9 billion, surpassing analysts' expectations of $15.6 billion [1] - Oracle's cloud business grew 24% in fiscal year 25 and is expected to grow over 40% in the coming year [10] - Oracle's cloud infrastructure grew 50% in the last year and is projected to grow over 70% [10] Future Outlook & Growth Forecasts - Oracle forecasts dramatically higher revenue growth for fiscal year 2026 [2][3][4] - Oracle anticipates total cloud growth for fiscal year 2026 to be 40% year-over-year [2][10] - Oracle expects its remaining performance obligation (RPO), essentially its backlog, to more than double [2][10][11] - Oracle is expecting a triple-digit multicloud revenue growth rate to continue in fiscal year 2026 [7] Oracle Cloud Infrastructure (OCI) & Competitive Advantages - Oracle Cloud Infrastructure (OCI) is built on Gen 2 infrastructure, offering high performance at a lower cost [6][13] - Oracle is focused on building the best data centers for optimal performance and price, partnering closely with Nvidia [15] Strategic Partnerships & Initiatives - Oracle is involved in the Stargate project, a massive AI infrastructure initiative with SoftBank, OpenAI, Microsoft, and Nvidia, potentially involving up to $500 billion in investment [5][16][17] - Oracle anticipates increased bookings from providing AI infrastructure services for data centers built as part of the Stargate project [17][18]

Core Insights - Oracle's shares rose approximately 8% in extended trading following the release of quarterly results that surpassed Wall Street expectations and indicated accelerating cloud growth [1] - The company reported an 11% increase in revenue for the fiscal fourth quarter, with net income rising to $3.43 billion, or $1.19 per share, compared to $3.14 billion, or $1.11 per share, in the same quarter last year [2] - CEO Safra Catz projected that cloud infrastructure revenue will grow by over 70% in the 2026 fiscal year, up from a growth rate of 52% in the recent quarter [2] Financial Performance - Revenue from cloud services and license support reached $11.7 billion, exceeding the $11.59 billion consensus from analysts [3] - Cloud and on-premises license revenue was reported at $2.01 billion, surpassing the StreetAccount consensus of $1.82 billion [3] - Adjusted earnings per share were $1.70, compared to the expected $1.64, while total revenue was $15.9 billion, exceeding the anticipated $15.59 billion [6] Strategic Developments - Oracle announced a partnership with Cleveland Clinic and G42 for an AI delivery platform in healthcare, along with cloud and consulting commitments with IBM [4] - SoftBank's acquisition of Oracle-backed chip design startup Ampere for $6.5 billion was also highlighted [4] - As of the latest close, Oracle shares have increased by 6% year-to-date, outperforming the S&P 500 index, which is up 2% [4]

Summary of Insight Enterprises Conference Call (June 11, 2025) Company Overview - **Company**: Insight Enterprises (NSIT) - **Role**: Leading solutions integrator focusing on hardware, software, and services to drive customer outcomes [6][7] Core Strategy and Market Focus - **Solutions Integrator**: Defined a new category as a solutions integrator, leveraging strengths in hardware, software, and services [7] - **Market Focus**: Concentrating on high-growth areas such as cloud, data, AI, cyber, and edge computing [7] - **Customer Base**: Over 30,000 customers, including a significant presence in the Fortune 5000 [13] Financial Performance - **Gross Margin Improvement**: Expanded gross margins from approximately 15.7% in 2022 to over 20% on a trailing twelve-month (TTM) basis [24] - **EBITDA Margin Growth**: Increased EBITDA margins from 4.7% in 2022 to over 6% on a TTM basis [26] - **Cash Flow Generation**: Consistently generated cash flow exceeding 100% of net income, with a long-term target of over 90% [10][26] Challenges and Market Dynamics - **Hardware Market**: Experienced a depressed hardware market impacting revenue, with a projected decline of $1 billion from 2023 to 2024 [42] - **Partner Program Changes**: Adjustments from hyperscaler partners (Google and Microsoft) resulted in a $70 million gross impact for fiscal year 2025 [22][23] - **Cloud Business**: Despite a strong historical growth rate of 16-20%, the cloud segment is expected to be flat to slightly down for the year due to partner program changes [38][39] M&A Strategy - **Importance of M&A**: M&A is critical to the company's strategy, with a focus on enhancing digital capabilities and services [12][28] - **Recent Acquisitions**: Notable acquisitions include SADA (2023) and InfoCenter, aimed at expanding cloud and ServiceNow capabilities [30][31][32] - **Future Outlook**: Anticipates being active in the M&A space, particularly in digital capabilities, with no imminent announcements but a likelihood of acquisitions this year [56] Cultural and Operational Insights - **Technical Expertise**: Employs over 6,000 technical resources, providing a competitive edge in the market [14] - **Company Culture**: Emphasized as a key differentiator, aiding in recruitment and operational effectiveness [14] Market Outlook - **Hardware Recovery**: Expected mid-single-digit growth in hardware, driven by a refresh cycle and increasing data center demands [49][50] - **Services Impact**: Services business has been affected by global macroeconomic conditions, but the company maintains a competitive position [51][52] Shareholder Relations - **ValueAct Relationship**: Constructive relationship with ValueAct, which recently exited the board but remains supportive of the company's strategy [58][59] This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic direction, financial performance, challenges, and future outlook.