8 July 2025 | 11:12PM HKT Yonyou (600588.SS): Mgmt. call: AI to drive client spending and internal efficiency; Large-scale clients to see sequential recovery We hosted Yonyou management on July 8 in our China Software Corp Call Series (July 7-10). Key discussions focused on (1) Enterprise clients' IT spending, (2) Gen-AI and AI agent monetization, and (3) Efficiency improvement. Overall, post challenging 1Q25 (rev -21% YoY), management expects to see sequential growth in 2Q, supported by improving demand fr ...

Core Insights - Microsoft is experiencing a dual challenge of cost reduction and capital pressure amid its AI transformation, with significant cost savings and revenue growth reported alongside record layoffs and increased infrastructure investment [2][4]. Group 1: AI Cost Savings and Revenue Growth - Microsoft achieved over $500 million in cost savings in its customer service centers through AI tools, while sales personnel using Copilot saw a 9% increase in revenue [2][4]. - AI technology is also impacting engineering, with 35% of the code for new products generated by AI, significantly shortening development cycles [2][4]. - The GitHub Copilot has become a leader in the AI programming tool market, reaching 15 million users by April [2]. Group 2: Layoffs and Capital Expenditure - Microsoft is set to lay off a total of 15,000 employees by 2025, marking the largest layoffs in the company's history, with 9,000 sales positions cut in July [4]. - The backdrop of these layoffs is a surge in AI infrastructure investment, with capital expenditures expected to reach $80 billion over the 12 months ending in June, a 43% increase from the previous year's $56 billion [4]. Group 3: Sales Team Restructuring and AI Adoption - Despite the layoffs, the sales department has shown strong performance, with Azure cloud services and AI Copilot product sales exceeding quarterly targets [5]. - Microsoft is restructuring its sales team to streamline the "solution areas" from six to three, focusing on promoting AI products more effectively [5]. Group 4: Employee Engagement with AI Tools - Microsoft management is actively promoting the use of AI tools among remaining employees, incorporating AI usage into performance evaluations and hosting competitions to encourage productivity improvements [7]. - The emphasis on AI skills is seen as a critical opportunity for employees to invest in their own capabilities, with internal tracking of AI-generated code being implemented [7].

Temenos ranked #1 in 13 categories in the IBSi Sales League table, including core, digital, payments and wealthGRAND-LANCY, Switzerland, June 13, 2025 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN), a global leader in banking technology, today announced it has been recognized as the #1 best-selling software provider in 13 categories in the IBSi Sales League Table (SLT) 2025. Temenos ranked #1 for core banking for the 20th consecutive year, while also topping the table for categories covering digital, payments, wea ...

If you want to invest in artificial intelligence (AI), the good news is there are a lot of options for you to consider. But not all of them are safe.If you're a risk-averse investor or simply want exposure to AI without having to worry about your portfolio, there are some excellent stocks to consider that you can simply buy and forget about. Nvidia (NVDA -0.85%), Microsoft (MSFT 0.36%), and Amazon (AMZN -2.06%) are big names in tech, and they can also benefit significantly from AI. Here's why investing in t ...

"The integration of ContextIQ within SpringServe allows the industry to reimagine the ad break by opening up a complete picture of scene level analysis across CTV. We partnered with Magnite for their deep leadership in CTV and shared commitment to innovation," said Abbey Thomas, Chief Commercial Officer at Anoki. "ContextIQ leverages multimodal AI to capture the full emotional, visual, and auditory context of every scene. That allows publishers and advertisers to unlock more precision, brand safety, and emo ...

Group 1 - Temenos has been awarded the Best Core Banking System at the Banking Tech Awards USA 2025, highlighting its innovative capabilities in the US banking sector [1] - The company offers a best-of-suite core banking and modular core solutions, providing US financial institutions with choice, flexibility, and a path to modernization, supported by cloud-native architecture and embedded AI [2] - Temenos' core banking software is trusted by over 950 banks globally and can be deployed on-premises, in the cloud, or as SaaS [2] Group 2 - US financial institutions using Temenos benefit from robust regionalization and pre-configured banking capabilities tailored for the US market, along with a Model Bank framework for efficient implementation [3] - The President of Americas at Temenos emphasized the award's significance in demonstrating the company's US banking capabilities and its commitment to innovation in this strategic growth market [4] - Temenos is establishing a new Innovation Hub in Central Florida, which will house around 200 technology and product developers to foster co-innovation with US financial institutions [4] Group 3 - The company invests approximately 20% of its revenues in R&D to enhance its core banking suite, with recent innovations including a Gen AI Copilot to expedite the design and optimization of financial products [5] - Temenos has launched the first Responsible Generative AI solutions for core banking in 2024, reinforcing its leadership in AI [5] - The company has been recognized as a Leader in the IDC MarketScape for North America Digital Core Banking Platforms 2024 Vendor Assessment and in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024 [6]

Core Viewpoint - Adobe's stock has increased by 19% in a month due to its focus on Generative AI and innovative portfolio, but faces challenges from competition and monetization issues [1][3] Company Performance - Adobe's AI business is small compared to competitors like Microsoft and Alphabet, with Microsoft benefiting from Azure AI services and Alphabet from its AI infrastructure [2] - Adobe shares have underperformed compared to Microsoft and DocuSign, which returned 24.9% and 20.9% respectively, while Adobe outperformed Alphabet's 8.2% return [3] Valuation Metrics - Adobe's stock is considered overvalued with a forward price/sales ratio of 7.28X, higher than the sector average of 6.14X and competitors like Salesforce and DocuSign [6] AI Portfolio Development - Adobe has expanded its AI offerings with products like Adobe GenStudio and Firefly Services, aimed at enhancing marketing collaboration [9] - The company plans to monetize Firefly through new Creative Cloud offerings and is integrating AI across its portfolio, which is expected to drive top-line growth [10] Financial Guidance - Adobe's AI business is projected to grow from over $125 million in Q1 FY25, expected to double by the end of FY25 [11] - For FY25, Adobe anticipates Digital Media segment revenues between $17.25 billion and $17.40 billion, with total revenue guidance between $23.30 billion and $23.55 billion [12][13] Earnings Estimates - The Zacks Consensus Estimate for FY25 earnings is $20.36 per share, reflecting a 10.53% growth over FY24, although it has seen a decline in estimates recently [14] - The estimate for Q2 FY25 earnings is $4.96 per share, suggesting a 10.71% growth from the previous year [16]

Synopsys Inc. (SNPS) stock has lost 6.8% over the past month, underperforming the Zacks Computer - Software industry's decline of 4.9%. This underperformance raises the question: Should investors cut their losses and exit, or is it worth holding on to? While the near-term headwinds are real, the long-term growth story for Synopsys remains intact, making a strong case for holding the stock.Synopsys One Month Performance ChartImage Source: Zacks Investment ResearchReason Behind Synopsys Stock’s Underperforman ...