As filed with the Securities and Exchange Commission on January 20, 2026. (Primary Standard Industrial Classification Code Number) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AfterNext Acquisition I Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) Registration No. 333-292005 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 (I.R.S. Employer Identifi ...

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Carrier Connect Data Solutions Inc. (TSXV: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) (the "Company" or "Carrier"), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location, announced today that a feature article produced by Market One highlighting the Company's operations and growth strategy has been published on Benzinga.The article examines the accelerating demand for data c ...

Core Viewpoint - Microsoft is a leading technology company with a market cap exceeding $3.4 trillion, and its upcoming fiscal Q2 2026 earnings announcement is highly anticipated as it may signal a turning point for investors after a volatile start to the year [1] Group 1: Earnings and Performance - Microsoft is experiencing double-digit earnings growth, yet its stock has underperformed compared to the overall tech sector, raising concerns about the costs associated with AI investments, particularly in OpenAI [2] - In the last 52 weeks, Microsoft shares have increased by approximately 6%, lagging behind the S&P 500 Index's growth of 16.2% and the Technology Select Sector SPDR ETF's increase of 23% [4] - The most recent earnings report for fiscal Q1 2026 showed an EPS of $4.13 on revenue of $77.67 billion, surpassing street estimates, although shares fell by 3% the following day [6] Group 2: Valuation and Market Position - Microsoft is currently trading at 29 times forward earnings and 12 times sales, slightly above historical averages, reflecting expectations for growth in cloud computing and AI [5] - The company's diversified business model and leadership in enterprise software contribute to its resilience as a large-cap stock [3]

Core Insights - The Alger Spectra Fund's fourth-quarter 2025 investor letter indicates a strong performance in the US equity market, with the S&P 500 rising by 2.7% due to better-than-expected corporate earnings and a supportive macroeconomic environment [1] - The letter highlights the divergence in performance beneath the index surface, with AI being a significant market driver but facing scrutiny regarding funding and investment returns [1] - The Fund's Class A shares underperformed the Russell 3000 Growth Index in Q4 2025, with Information Technology and Utilities sectors contributing positively, while Health Care and Communication Services sectors detracted from performance [1] Company Insights - Alphabet Inc. (NASDAQ:GOOG) emerged as a leading performer for the Alger Spectra Fund in Q4 2025, with a stock price of $330.34 per share as of January 16, 2026, and a one-month return of 7.04% [2] - Over the past 52 weeks, Alphabet Inc. has seen a remarkable 67.22% increase in its stock value, with a market capitalization of $3.988 trillion [2] - The Fund noted that Alphabet Inc. is a global leader in digital advertising, cloud computing, and AI-driven consumer services, with positive contributions from its AI strategy and strong engagement trends [3] - Google Cloud was highlighted as a key growth driver, with increasing AI token processing and momentum in the Gemini ecosystem, supported by strengthening cloud demand and new customer acquisitions [3]

Core Insights - DigitalOcean has appointed Vinay Kumar as Chief Product and Technology Officer (CPTO) to lead product strategy, development, cloud infrastructure, and security as the company scales its AI inference cloud and core offerings [1][5] Group 1: Leadership and Experience - Vinay Kumar brings over a decade of senior leadership experience in building and scaling large-scale cloud platforms, having been a founding member of Oracle Cloud Infrastructure (OCI) [2] - His previous roles include significant positions at Amazon Web Services, Akamai, and Dell, providing him with extensive exposure to cloud infrastructure and enterprise-grade platforms [3] Group 2: Strategic Focus - As CPTO, Vinay will focus on advancing DigitalOcean's platform strategy, accelerating product delivery, and ensuring security and operational excellence [5] - The company aims to enhance its AI capabilities to support scalable, production-grade inference while maintaining operational discipline and reliability [4] Group 3: Market Position and Customer Base - DigitalOcean has established a strong position as a cloud and AI platform, gaining traction with digital-native and AI-native enterprises [4] - The platform is designed to help over 640,000 customers build, run, and scale intelligent applications with speed and simplicity [6]

Core Insights - Copper prices have surged significantly, exceeding $13,000 per metric ton, with an annual gain of over 40% in 2025, marking the strongest increase since the late 2000s [2][5] - The current copper price rally reflects a structural reassessment of its role in the global economy, driven by long-term demand from electrification and renewable energy [5][9] Demand Dynamics - Copper is essential for the global energy transition, powering electric vehicles, battery systems, and renewable energy installations, with AI and cloud computing requiring significantly more copper than traditional infrastructures [6][9] - Industry projections indicate that copper demand may rise by approximately 50% by 2040, driven by electrification and climate investments [10] Supply Constraints - Major copper-producing countries like Indonesia, Chile, and Peru face supply disruptions due to technical challenges, environmental issues, and labor conflicts, leading to a tightening market characterized as a structural deficit [7][10] - Aging infrastructure and lower ore quality are challenges for leading producers such as Freeport-McMoRan and Codelco, while new large-scale mining projects take years to develop [7] Market Reactions - Companies involved in copper production, such as Freeport-McMoRan and Southern Copper Corporation, have seen substantial stock performance due to higher copper prices and constrained supply [11][12] - Diversified mining companies like BHP Group also benefit from rising copper prices, enhancing their overall resource portfolios [12] Future Outlook - Modest production growth is anticipated, but refined copper output may struggle to meet demand, leading to sustained price support through 2026 [13] - Geopolitical factors, trade policies, and investments in mine developments will significantly influence global supply resilience, potentially intensifying market tightness [14] - Copper's evolving role as a strategic commodity central to energy transition and digital infrastructure will be closely monitored, with the potential for a long-term supercycle or high plateau [15]

Core Insights - Fluke Networks has launched CertiFiber™ Max, the first third-generation optical loss test set (OLTS) tailored for high-density data centre environments, enabling certification of up to 24 fibres in under one second [1][4]. Industry Context - The increasing fibre density and tightening performance margins, driven by AI, cloud, and next-generation digital infrastructure, place pressure on contractors to test and certify complex fibre systems quickly and accurately [2][4]. - Existing testing tools often struggle to keep pace with these demands, either limiting fibre counts or introducing complexity through fan-out cables and adapters, which can lead to errors [2][4]. Product Features - CertiFiber Max offers faster testing, greater accuracy, and long-term flexibility with field-replaceable UniPort™ adapters, supporting various multi-fibre connector types, including 12, 16, and 24 multi-fibre push-ons (MPO) and 16 and 24 MMCs [3][5]. - The solution measures loss, length, and polarity across multiple fibres in under a second, ensuring accuracy through the recommended one-jumper reference method [5]. Market Demand - The adoption of MMC connectors is rising as AI data centres scale rapidly, with MMC technology providing triple the density of MPO connectors and facilitating mass-insertion solutions [5]. - The demand for faster and more accurate performance testing is driven by ultra-low loss standards required by AI, increasing fibre counts, and a shortage of skilled labor [5].

Summary of Delton (001389.SZ) Management Call Company Overview - **Company**: Delton (001389.SZ) - **Industry**: PCB (Printed Circuit Board) - **Focus Areas**: Data centers, cloud computing, 5G communication, automotive, AI applications [2][3] Key Insights - **Positive Outlook on Demand**: Management is optimistic about PCB demand driven by computing applications, which is expected to support revenue and profit growth [1][3] - **Market Growth Projections**: The global PCB market for AI servers is projected to reach **US$27 billion by 2027**, indicating a **140% CAGR from 2025 to 2027** [1] - **Capacity Expansion**: Delton is expanding its production capacity in both mainland China and Thailand to meet rising demand for AI PCBs. The Thailand factory is expected to add **Rmb2.5 billion** worth of capacity [2][3] - **Revenue Contributors**: General server applications remain the major revenue contributor, with a single-digit volume growth but increasing dollar content due to PCIe technology migrations [3] Financial Performance - **Margin Improvement**: The Thailand factory achieved break-even in **December 2025**, just six months after commencing operations, contributing positively to profit margins [3] - **AI Server Revenue Growth**: AI server revenues are anticipated to increase significantly as Delton enters new projects and receives more orders from existing customers [3] Strategic Positioning - **Supply Chain Integration**: Delton aims to penetrate the supply chains of leading global AI players by offering high-quality multi-layer PCBs for various applications [2] - **Investment Recommendations**: Among the coverage, Shennan is rated as a Buy, with a target price raised to **Rmb254** [1][3] Additional Considerations - **Technological Advancements**: The shift towards PCIe technologies is driving the increase in dollar content for PCBs, which is crucial for maintaining competitive margins [3] - **Long-term Growth Strategy**: The company is actively increasing capacities to align with future demand growth, particularly in computing and AI applications [1][2] This summary encapsulates the key points from the management call regarding Delton's strategic initiatives, market outlook, and financial performance, highlighting the company's positioning within the PCB industry.

Group 1: Alphabet - Alphabet is the parent company of various businesses including Google, YouTube, Waymo, and Android, with a significant portion of its revenue derived from advertising, particularly through its Google Search engine which now integrates generative AI summaries [3][6] - The company is emerging as a leader in generative AI, having quickly caught up in the competitive landscape, which may not currently generate substantial revenue but holds significant future potential [4][7] - Alphabet's cloud computing segment, Google Cloud, is positioned for growth, especially with the anticipated rise of its Gemini AI model, similar to the growth seen with Azure due to its association with ChatGPT [6][7] Group 2: Taiwan Semiconductor - Taiwan Semiconductor is a critical player in the global semiconductor industry, producing the majority of advanced chips, with limited competition due to high entry costs [8] - The company is innovating with its next-generation 2-nanometer chip, which offers 25% to 30% better energy efficiency compared to its previous 3nm chip at the same speed [9][10] - Taiwan Semiconductor is expanding geographically with new fabrication plants in the U.S., Japan, and Germany, which mitigates some geopolitical risks associated with its operations in Taiwan [14]

Core Insights - Lumen Technologies, Inc. (LUMN) shares have increased by 18% over the past year, significantly outperforming the S&P 500's growth of 4.3% and contrasting with a 4.5% decline in the Diversified Communications Services sector [1][8] Price Performance - Lumen's stock performance has surpassed that of competitors such as Verizon, AT&T, and T-Mobile, which have seen declines of 4.6%, 10%, and 19% respectively during the same period [4] - LUMN's current stock price is $8.45, below its 52-week high of $11.95 [5] Growth Drivers - The demand for low-latency, high-bandwidth fiber connectivity driven by AI workloads is boosting Lumen's Private Connectivity Fabric (PCF) and network-as-a-service (NaaS) solutions, leading to $10 billion in secured PCF deals [6][8] - Lumen anticipates that the existing PCF business will generate $400-$500 million in recurring revenues by the end of 2028 [7] Customer Growth and New Offerings - Lumen has surpassed 1,500 customers on its NaaS platform, with a 32% sequential increase in active customers and a 36% increase in services sold [9] - The company has introduced Internet on Demand (IoD Offnet), which is expected to enhance market reach significantly [9] Strategic Initiatives - Lumen is targeting $1 billion in cost savings by 2027 through infrastructure simplification and AI-driven operational efficiencies [11] - The company is focused on deleveraging, with a planned sale of its fiber-to-the-home business to AT&T for $5.75 billion, expected to close in early 2026 [12][13] Financial Position - Lumen is trading at a discounted valuation with a price-to-sales ratio of 0.74, compared to the industry average of 1.53 [14][16] Future Outlook - Lumen's new business model, including the PxQ model and Project Berkeley, aims to enhance its service offerings and market position [10] - The company expects to generate between $500 million and $600 million in incremental revenues from its digital capabilities by the end of 2028 [10]