VIENNA, Va.--(BUSINESS WIRE)--Ericsson Federal Technologies Group (Ericsson Federal) is proud to announce the appointment of Nathan Simington as Director of Policy & Strategy. Simington brings exceptional expertise and leadership that will strengthen Ericsson Federal's position in the U.S. Government (USG) and Department of War (DoW) telecommunications and technology sectors. Ericsson Federal Technologies Group (Ericsson Federal) is proud to announce the appointment of Nathan Simington, former FCC Commissio ...

Core Insights - Dycom Industries, Inc. (DY) is experiencing strong performance through fiscal 2026, with solid margins driven by operational discipline, favorable pricing strategies, and robust market trends expected to persist into fiscal 2027 [1][4] Financial Performance - In the first nine months of fiscal 2026, Dycom's adjusted EBITDA rose by 25.1% year over year to $575.3 million, with an adjusted EBITDA margin increase of 140 basis points to 14.1% [1] - Earnings estimates for fiscal 2026 and fiscal 2027 have trended upward, indicating expected year-over-year growth of 26.9% and 35%, respectively [5] Market Position and Strategy - Dycom maintains a backlog of $8.22 billion, with nearly $5 billion anticipated to convert within the next 12 months, providing leverage in customer negotiations and allowing for pricing that reflects rising project complexities and labor market conditions [2][3] - The company's focus on selective bidding and higher-margin projects is crucial in navigating ongoing labor and equipment cost pressures [2][7] Competitive Landscape - Dycom is positioned as a primary beneficiary of the upcoming multi-year U.S. fiber and digital infrastructure build cycle, with a competitive edge in pricing discipline and execution certainty [7][10] - Compared to peers like EMCOR Group, Inc. and Quanta Services, Inc., Dycom offers a more targeted exposure to fiber expansion and BEAD funding, enhancing its market leverage [8][9][10] Stock Performance - Dycom's stock has increased by 33.6% over the past six months, outperforming the Zacks Building Products - Heavy Construction industry, the broader Construction sector, and the S&P 500 Index [11] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 23.76, indicating a premium compared to industry peers [12]

Get alerts: AT&T, Dycom Industries, TELUS, Telephone and Data Systems, Vodafone Group, America Movil, and Bel Fuse are the seven Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are shares of companies that provide telecommunications services or infrastructure—such as wireless carriers, internet service providers, fiber-optic operators, and equipment makers—offering investors exposure to demand for voice, data and connectivity. They often deliver relatively stab ...

Bellevue, Washington-based T-Mobile US, Inc. (TMUS) provides wireless communications services. Valued at a market cap of $220.7 billion, the company offers voice, messaging, and data services to postpaid, prepaid, wholesale and other services customers. It is ready to announce its fiscal Q4 earnings for 2025 after the market closes on Wednesday, Feb. 4. Before this event, analysts expect this telecom giant to report a profit of $2.14 per share, down 16.7% from $2.57 per share in the year-ago quarter. The ...

Core Insights - The overall earnings momentum in Q3FY26 is expected to be driven by significant growth in sectors such as oil & gas and financials, with profits projected to increase by 25% YoY and 26% YoY, respectively [1][12] - The Nifty 50 is anticipated to deliver an 8% year-on-year growth in earnings, while the broader MOFSL universe is expected to see a 25% YoY increase in earnings [12] Earnings Growth Projections - Excluding financials, earnings for the MOFSL universe and the Nifty 50 are expected to grow 19% and 9% YoY, respectively [1] - Earnings growth for the MOFSL universe, excluding metals and oil & gas, is projected at 14% YoY, while for the Nifty 50, it is estimated at 11% YoY [1] - Automobiles are projected to deliver a 25% YoY increase in earnings, while metals are expected to grow by 15% [2] - Telecom profits are expected to increase 2.6 times over a low base in Q3FY25, and technology sector earnings are likely to rise by 8% [2] Sector Contributions - Key contributors to earnings growth include real estate (64% YoY), cement (66%), capital goods (24%), and NBFC non-lending firms (31%), which together are expected to account for nearly 77% of the incremental YoY earnings accretion during the quarter [3] - In contrast, earnings from banks are expected to grow modestly, with private banks at 4% YoY and public sector banks at 3% YoY [6] - The infrastructure and media sectors are projected to drag overall earnings, with profits estimated to decline by 3% and 7% YoY, respectively [6] FY26 Outlook - For FY26, MOFSL expects Nifty companies' earnings to grow by 8% YoY, and excluding financials, a 7% YoY increase is anticipated [7] - The broader MOFSL universe is projected to record a 14% YoY increase in profits for the full financial year, with a 17% YoY rise expected when excluding financials [8] - EPS estimates for FY26 and FY27 have been trimmed by 2.2% and 1.1%, respectively, with FY26 EPS expected to grow 9% YoY to Rs 1,084 [8][9] Market Outlook - MOFSL remains 'Overweight' on sectors such as autos, diversified financials, industrials, and technology, while being 'Underweight' on oil & gas, metals, and consumer staples [10] - The brokerage notes that multiple levers are in place to propel Indian equity markets in 2026, despite challenges from geopolitical and global trade factors [11][12]

BREAKING: Futures Little Changed Ahead Of Jobs Data, Tariffs Ruling Today's Spotlight MarketSurge New Year Sale Invest smarter in 2026 with our BEST deal—14 months of MarketSurge for $1,499 ($600 off). Free Investing Podcast Listen to IBD's podcast for new investing tips and trade ideas every week. Subscribe today! Biotech Stocks' Dark Winter Is Over. What That Means For Investors. Partner Center As the Dow Jones Industrial Average and other stock indexes traded higher midday Tuesday, Apple (AAPL), Alphabet ...

Key Takeaways Dycom's backlog rose 4.7% year over year to $8.22B, led by fiber and digital infrastructure demand.Dycom is positioned to benefit from $29.5B in BEAD funding aimed largely at fiber and HFC networks.DY expects FY26 revenue growth of up to 15.4%, supported by strong Q4 guidance and rate cuts.Dycom Industries, Inc. (DY) is currently trading above the Building Products - Heavy Construction industry peers and the broader Construction sector, with a forward 12-month price-to-earnings (P/E) ratio of ...

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the Greater China Technology sector, focusing on trends and projections for 2026, particularly in AI and related technologies, as well as the smartphone supply chain influenced by Apple’s form factor changes [2][3]. Key Trends Identified for 2026 1. **AI Servers**: Anticipated growth in rack-level AI servers, with shipments expected to rise to 50,000 racks in 2026 from 19,000 in 2025. Major suppliers include Hon Hai and FII, with a projected ASIC penetration rate of 40% in 2026 and 45% in 2027 [1][13]. 2. **Optical Transceivers**: Growth in optical module shipments, with a forecasted increase of 253% year-over-year in 2026, driven by the demand for high-speed connections in AI data centers [1][13]. 3. **Cooling Solutions**: A shift towards liquid cooling in AI servers is expected, reflecting the rising complexity and computing power requirements [1][13]. 4. **Original Design Manufacturers (ODMs)**: Companies with strong commitments and capacity plans in the US, such as Hon Hai, Wistron, and Wiwynn, are expected to outperform in the market [1][13]. 5. **Smartphones**: Apple suppliers are projected to excel in 2026, while Android smartphone demand remains muted. The introduction of foldable iPhones may drive demand [1][2]. 6. **Printed Circuit Boards (PCBs)**: Demand is expected to remain solid despite ongoing debates about long-term supply and demand dynamics [1]. 7. **Semiconductors**: Local leaders in advanced nodes, such as SMIC and Hua Hong, are expected to drive industry growth, supported by rising local GPU suppliers [1]. 8. **L4 Chips & Robotaxi**: Continued upgrades and expansions in this area are anticipated, contributing to growth for chipset, software, and sensor suppliers [1]. 9. **LEO Satellites**: Accelerating satellite launches and reduced launch costs are expected to drive the development of constellation networking infrastructure [1]. Financial Projections - AI and AI-related technologies are expected to deliver mid-double-digit year-over-year revenue growth in 2026 [2]. - The total addressable market (TAM) for global smartphones is raised by 1% to 2% for 2026 and 2027 due to higher average selling prices (ASP) [3]. - The TAM for global PCs is projected to increase by 3% year-over-year for 2025 and 2026, with gaming PCs expected to reach a penetration rate of 11% to 13% by 2025 and 2028 [3]. Investment Recommendations - The report highlights several companies as "Buy" recommendations based on their expected performance in the evolving technology landscape, particularly in AI servers and components [14]. - Specific companies mentioned include Hon Hai, FII, Wistron, and various optical component manufacturers like Innolight and Eoptolink [14]. Additional Insights - The complexity of AI servers is expected to lead to a reliance on leading suppliers with strong designs and manufacturing capabilities, creating a stable competitive landscape [14]. - The report emphasizes the importance of R&D, vertical integration, and comprehensive chipset platform exposure for companies to succeed in the market [14]. This summary encapsulates the critical insights and projections from the conference call, providing a comprehensive overview of the anticipated trends and investment opportunities within the Greater China Technology sector for 2026.

Group 1: Corporate Actions - Devyani International's board has approved a Scheme of Arrangement for the amalgamation with Sapphire Foods India Ltd, effective from April 1, 2026, with a share exchange ratio of 177 shares of Devyani for every 100 shares of Sapphire [1] - NLC India has transferred seven Renewable Energy Assets to its wholly owned subsidiary, NLC India Renewables Ltd, effective January 1, as per a Business Transfer Agreement [2] - Indegene's step down subsidiaries, Indegene Aptilon Services, Inc. and Trilogy Writing & Consulting Inc., have amalgamated to form Indegene Healthcare Canada Inc., effective January 1, 2026 [5] - Achyut Healthcare has received approval from BSE Limited to migrate its equity shares from the BSE SME platform to the BSE Main Board Platform, enhancing market access for investors [6] Group 2: Financial Developments - Vodafone Idea has received a GST penalty order of approximately ₹638 crore and plans to take legal action against it, following a recent relief on its Adjusted Gross Revenue dues [2] - Bharat Electronics Limited has secured additional orders worth ₹569 crore, including communication equipment and medical electronics [4] - Trident Lifeline has acquired an additional 9.04% stake in Trident Mediquip for approximately ₹4.42 crore [7] - Railtel Corporation has received a Letter of Acceptance for an order estimated at ₹56.71 crore from Assam Health Infrastructure Development & Management Society [9] Group 3: Project Announcements - K2 Infragen Ltd has announced receipt of a Letter of Acceptance for a ₹262 crore project from Indian Railways, focusing on traction substations and related infrastructure [8] - Olectra Greentech has commenced commercial operations for its Greenfield Electric Vehicle manufacturing facility in Hyderabad, with an annual production capacity of 2,500 buses [10] - Modis Navnirman Ltd has been appointed as the developer for the redevelopment of BOI Staff Sheetal Co-operative Housing Society in Mumbai, with an estimated Gross Development Value of ₹250 crore [11] Group 4: Regulatory Issues - Britannia Industries has received a tax demand order amounting to ₹108.50 crore for incorrect availment of input tax credit over six financial years [12]

Company Overview - Morris Kahn was a co-founder of Amdocs, a telecom billing company with a market cap of $8.85 billion, recognized as one of Israel's veteran tech companies [1] - Amdocs has played a significant role in the development of Israel's high-tech industry, creating thousands of jobs and influencing generations of tech professionals [4] Business Development - Kahn's business breakthrough occurred in 1968 when he won a tender to produce telephone directories, leading to the establishment of Amdocs, which focused on billing software and customer service systems for telecom companies [3] - Kahn's Aurec Group invested in various prominent businesses, including cable TV and international telecom companies, contributing to the infrastructure of Israel's high-tech industry [5] Financial Acumen - Kahn demonstrated acute business sense, selling his holdings in Amdocs and other companies at peak prices, ultimately realizing holdings worth approximately $1.9 billion [6] - Forbes estimated Kahn's wealth at $1.1 billion in 2025, highlighting his effective tax planning strategies [7] Philanthropy and Legacy - In recent years, Kahn was a major donor and a key figure in the SpaceIL project, which achieved the landing of the first private spacecraft on the moon [9]