The following segment was excerpted from the Mar Vista U.S. Quality Q2 2025 Commentary ------------------------------------------------------------------------------------- Microsoft, Broadcom, and Oracle were among the portfolio’s top contributors for the quarter, appreciating +32.75%, +65.02%, and +56.96%, respectively. Alternatively, Apple, ...

Group 1: Financial Stability and Cash Generation - Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and distribute dividends [1] - Companies with strong cash-generating abilities are better equipped to weather downturns, providing a long-term advantage for investors [1][6] - Microsoft, Verizon, and Apple are highlighted as companies that generate significant cash [6] Group 2: Apple Inc. (AAPL) - Apple has consistently been a cash-generating machine, raising its quarterly dividend payout for 13 consecutive years, moving towards becoming a Dividend Aristocrat [2] - The company generated $108.8 billion in free cash flow in FY24, with cash flows on a steady uptrend [3] - Apple currently yields a modest 0.5% annually, but has a five-year annualized dividend growth rate of 4.9% [3] Group 3: Verizon Communications Inc. (VZ) - Verizon's strong cash-generating abilities have positioned it favorably among income-focused investors, nearing entry into the Dividend Aristocrats club [5] - The company reported FY24 free cash flow of $19.8 billion, reflecting a 6% year-over-year growth [5] - Verizon shares yield a steep 6.2% annually, significantly higher than the S&P 500 [5] Group 4: Microsoft Corporation (MSFT) - Microsoft reported EPS of $3.46 and sales of $70.0 billion, both exceeding consensus expectations, with sales growing 13% year-over-year and EPS climbing 18% [9] - Microsoft Cloud revenue surged 20% year-over-year to $42.4 billion, driven by strong demand [10] - The Intelligent Cloud segment, which includes Azure, generated $26.8 billion, up 21% from the previous year, with Microsoft achieving $69.4 billion in free cash flow over the trailing twelve months [11]

ARMONK, N.Y., July 9, 2025 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its second-quarter 2025 financial results on Wednesday, July 23, 2025 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor.Please also visit the investor website for the earnings press release prior to the webcast. A replay, associated charts and prepared remarks will be available after the event.Contact:Timothy Davidson[email protected]914-844-7847SOURCE IB ...

数据显示，截至2025年6月30日，中证云计算与大数据主题指数(930851)前十大权重股分别为科大讯飞 (002230)、中际旭创(300308)、新易盛(300502)、中科曙光(603019)、金山办公(688111)、浪潮信息 (000977)、恒生电子(600570)、紫光股份(000938)、润和软件(300339)、润泽科技(300442)，前十大权重 股合计占比51.84%。 大数据ETF紧密跟踪中证云计算与大数据主题指数，中证云计算与大数据主题指数选取50只业务涉及提 供云计算服务、大数据服务以及上述服务相关硬件设备的上市公司证券作为指数样本，以反映云计算与 大数据主题上市公司证券的整体表现。 CPO光模块概念午后活跃，截至2025年7月8日 14:07，中证云计算与大数据主题指数(930851)强势上涨 2.13%，"易中天"三剑客强势上涨，新易盛上涨6.57%，中际旭创上涨7.16%，天孚通信上涨13.56%。大 数据ETF(159739)上涨2.08%，最新价报1.13元。 CPO技术因低功耗、高带宽特性被视为AI算力关键基础设施。东兴证券表示，展望未来，AI算力模组 及AI解决方案产 ...

Core Viewpoint - Nvidia and Microsoft are approaching a market capitalization of $4 trillion, driven by the surge in AI demand and technology integration [1][3]. Group 1: Nvidia's Performance and Risks - Nvidia's revenue has increased over tenfold in the past three years, with an expected annual growth rate of 32% over the next three years [5]. - The company's success is heavily reliant on the AI boom, positioning it as a crucial hardware supplier in the AI value chain [4]. - However, Nvidia faces binary risks; if AI demand does not meet expectations or if technological breakthroughs diminish the necessity of its chips, the company could quickly lose its competitive edge [6]. Group 2: Microsoft's AI Strategy and Challenges - Microsoft's AI growth story is more complex, with its Azure cloud computing division's AI services generating approximately $11.5 billion in the last fiscal year, representing over 100% growth but only 4% of total revenue [7]. - The company is under internal pressure, having recently announced layoffs of 9,000 employees following a previous reduction of 6,000 positions [8]. - Microsoft lags behind other tech giants in employee efficiency, needing to cut 84,000 jobs to match Alphabet's efficiency levels [9]. - There are emerging tensions in Microsoft's partnership with OpenAI, particularly regarding the terms of their $10 billion collaboration, which may impact Microsoft's AI strategy significantly [10].

There's nothing like holding a stake in a company that pays you to own it. Some of the best-performing businesses in the world reside on American stock exchanges, and more than a few are happy to share their wealth quarter after quarter, year after year, by regularly paying dividends.Since the universe of U.S. equities is vast and deep, there's a dividend stock for every taste and occasion. Out of this nearly bottomless well, here are two stocks in particular that have not only paid dividends, but raised th ...

计算机行业 2025 年 7 月 4 日 卢芷心 S0340524100001 电话：0769-22119297 邮箱： luzhixin@dgzq.com.cn 罗炜斌 S0340521020001 电话：0769-22110619 邮箱： luoweibin@dgzq.com.cn 陈伟光 S0340520060001 电话：0769-22119430 邮箱： chenweiguang@dgzq.com.cn 资料来源：iFinD，东莞证券研究所 超配（维持） 计算机行业双周报（2025/6/20-2025/7/3） 行 业 国内科技巨头争相抢滩 AI 医疗，有望加快 AI 垂类应用场景落地 投资要点： 本报告的风险等级为中高风险。 本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 请务必阅读末页声明。 SAC 执业证书编号： 计 算 机 行 业 指 数 涨 跌 幅 及 估 值 ： 申 万 计 算 机 板 块 近 2 周 （2025/6/20-2025/7/3）累计上涨4.48%，跑赢沪深300指数1.23个百分 点，在31个申万一级行业中排名第15名；申万 ...

NEW YORK, July 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Digimarc Corporation (NASDAQ: DMRC).Shareholders who purchased shares of DMRC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/digimarc-corporation-loss-submission-form-2/?id=155227&from=4CLASS PERIOD: May 3, 202 ...

While many high-flying tech stocks don't pay dividends at all, investors can still find attractive dividends within the tech sector. International Business Machines (IBM -1.31%) and AT&T (T -1.97%) are two great examples. On top of solid dividends, both IBM and AT&T have been delivering impressive gains to investors over the past few years. While the past doesn't predict the future, these two dividend stocks look attractive for long-term investors. IBMShares of IBM have more than doubled over the past three ...

Core Viewpoint - Microsoft has announced a new round of layoffs, cutting 9,000 jobs, which is nearly 4% of its total workforce, as part of ongoing organizational changes to improve efficiency in a dynamic market [1][5]. Group 1: Layoff Details - The recent layoffs come less than two months after a previous announcement in May, where Microsoft planned to cut 6,000 jobs, totaling 15,000 layoffs for the year [1]. - The layoffs will affect various levels, teams, and regions within the company, indicating a broad restructuring effort [1]. Group 2: AI Impact on Workforce - Microsoft CEO Satya Nadella stated that up to 30% of the company's code is now written by AI, reflecting a trend where AI is replacing certain jobs [2]. - Other tech leaders, such as Amazon's CEO Andy Jassy and Google's CEO Sundar Pichai, have echoed similar sentiments regarding AI's impact on workforce requirements [2]. Group 3: Financial Performance and AI Investment - Microsoft's revenue growth from Azure and other cloud services has slowed, with a drop from 50% growth in Q1 of FY2022 to 26% in Q4 of FY2023 [2]. - In FY2024 Q2, AI contributed to a 6% increase in Azure revenue, with AI services accounting for approximately 12 percentage points of growth in FY2025 Q1 [2]. - The company has significantly increased its capital expenditures for AI infrastructure, rising from $19 billion in FY2024 Q4 to $21.4 billion in FY2025 Q3 [3].