Key Points An analyst relaunched his tracking of the company. His recommendation on its stock wasn't enthusiastic, though. 10 stocks we like better than BlackBerry › A fairly tepid analyst note helped spur a sell-off of BlackBerry (NYSE: BB) stock on Friday. The company, still working to pivot from its salad days as a pre-smartphone communications device powerhouse, saw its share price erode by more than 5% as a result. That compared unfavorably to the performance of the S&P 500 (SNPINDEX: ^GSPC), ...

Core Insights - Akamai Technologies, Inc. (AKAM) is valued at a market cap of $10.9 billion and is a leading provider of cloud computing, cybersecurity, and content delivery network services [1] - The company is classified as a large-cap stock, highlighting its size and influence in the software infrastructure industry [2] Financial Performance - For fiscal Q2 2025, Akamai reported a revenue increase of 7% year-over-year to $1.04 billion, with non-GAAP EPS at $1.73, exceeding analyst expectations [5] - The company provided Q3 revenue guidance of $1.035–$1.050 billion and projected full-year non-GAAP EPS of $6.60–$6.80, indicating strong demand in security and cloud services [5] Stock Performance - Akamai's shares have declined 28.2% from their 52-week high of $106.80, and are down 19.8% year-to-date, underperforming the S&P 500 Index, which has returned 17.4% over the same period [3][4] - The stock has been trading below its 200-day moving average since late February and below its 50-day moving average since late July, confirming a bearish trend [4] Competitive Landscape - Akamai has significantly underperformed compared to its rival, Cloudflare, Inc. (NET), which has surged 176.9% over the past 52 weeks and 112% year-to-date [6]

Core Insights - TechnipFMC plc is projected to experience significant earnings growth, with a 20% increase in 2025 and a further 19% in 2026, driven primarily by its Subsea business [1][8] - The Subsea segment achieved orders of $2.6 billion in Q2 2025, contributing to a total backlog of $15.8 billion, which has increased in six of the last seven quarters, providing strong revenue visibility [2][8] - The durability of Subsea services, which can generate income for 20-35 years post-installation, offers a stable revenue stream that mitigates the impact of energy market fluctuations [3] TechnipFMC Financial Performance - Earnings per share (EPS) are expected to rise from $2.18 in 2025 to $2.59 in 2026, reflecting a robust growth trajectory [1][8] - Subsea revenues are forecasted to be between $8.4 billion and $8.8 billion in 2025, with margins projected at 19-20%, indicating strong operational execution and increased activity levels [2] - EBITDA margins expanded to 21.8% in Q2, highlighting a shift towards more profitable projects and services [2] Market Position and Comparison - TechnipFMC's shares have increased approximately 36% this year, outperforming the Oil/Energy sector's growth of 5.6% [7] - The company is trading at a premium in terms of forward price-to-earnings ratio compared to the industry average, indicating strong market confidence [10] Other Companies with Strong EPS Growth - Leidos Holdings, Inc. is expected to see a 10% EPS improvement in 2025 and a further 5% in 2026, driven by its focus on digital modernization and energy infrastructure [5] - Zebra Technologies is projected to achieve a 16% EPS increase in 2025 and 12% in 2026, supported by recovery in end-market demand and expansion into machine vision and robotics [6]

Core Viewpoint - Data Storage Corporation has completed the sale of its CloudFirst business, generating approximately $40 million in gross proceeds and $24 million in net proceeds, which will be used for strategic investments and acquisitions in technology sectors [1][2][3] Group 1: Transaction Details - The sale of CloudFirst was approved by shareholders on September 10, 2025, and closed on September 11, 2025 [1] - The transaction generated approximately $40 million in gross proceeds, with estimated net proceeds of $24 million after fees, taxes, and adjustments [1][2] Group 2: Future Plans - The company plans to use the proceeds to support targeted acquisitions and investments in digital infrastructure, including AI-enabled software, GPU technologies, and cybersecurity [2] - The company will continue operating its telecommunications subsidiary, Nexxis, Inc., while remaining open to opportunities that offer recurring revenue and long-term shareholder value [2][3] Group 3: Management Commentary - The CEO of Data Storage Corporation stated that the completion of the CloudFirst transaction positions the company to evaluate and execute targeted acquisitions with a disciplined approach [3] - The CloudFirst brand, leadership team, and service model will remain intact under Performive, with no expected changes to client relationships, staffing, or service delivery [3][5] Group 4: Company Focus - Data Storage Corporation focuses on investing in GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications [4] - The company's goal is to build recurring revenue streams while maintaining operational discipline [4]

Core Points - Calian Group Ltd. announced a $250 million amendment to its Health Care Provider Recruitment contract with the Department of National Defence, reinforcing its commitment to the Canadian Armed Forces [1][2][4] - The contract amendment consolidates unspent funds from Option Period 5 with planned funding for Option Period 6, ensuring uninterrupted delivery of healthcare services across CAF clinics [3][4] - Calian's total contract backlog now stands at $1.6 billion, with two-thirds related to its defence business, highlighting the ongoing partnership with government and military organizations [4][5] Company Commitment - Calian has been a reliable partner to Canada's military for over two decades, providing integrated healthcare solutions that are vital for the operational readiness of the Canadian Armed Forces [5][6] - The company emphasizes the importance of health in maintaining operational readiness, stating that a healthy force is essential for resilience [3][5] Services Offered - Calian supports the Department of National Defence with various mission-critical solutions, including healthcare, training and simulation, IT modernization, cybersecurity, satellite communications, and manufacturing and engineering [6]

Core Viewpoint - Castellum, Inc. has announced a public offering of 4,166,667 Units at a price of $1.20 per Unit, aiming to raise approximately $5.0 million for working capital and general corporate purposes [1][2][3]. Group 1: Offering Details - Each Unit consists of one share of common stock and one warrant to purchase one share of common stock, with warrants exercisable at $1.22 per share and expiring 60 days from issuance [1][2]. - The offering is expected to close on or about June 13, 2025, subject to customary closing conditions [2]. Group 2: Financial Information - Gross proceeds from the offering are anticipated to be around $5.0 million before deducting placement agent fees and estimated offering expenses [2]. - Maxim Group LLC is acting as the sole placement agent for the offering on a reasonable best-efforts basis [2]. Group 3: Regulatory Information - A shelf registration statement on Form S-3 relating to the securities was filed with the SEC and became effective on January 24, 2025 [3]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC, with a final prospectus supplement to be filed as well [3].

Core Viewpoint - Silo Wellness Inc. is transitioning to "Born Defense," focusing on defense and national security investments, guided by the Just War Doctrine, aiming to end "forever wars" and promote responsible national self-defense [1][4]. Company Transition and Strategic Focus - Born Defense will invest in advanced defense technologies, including cybersecurity, autonomous systems, and advanced manufacturing, supporting Canada's defense sector growth in line with NATO's 2% GDP defense spending target by 2027 [2][6]. - The company plans to explore high-potential investments across North America and Europe, delivering ethical and scalable defense solutions [2]. Investment Strategy - The global defense market is projected to reach $676.64 billion by 2029, growing at a 6.4% CAGR, positioning Born Defense to capitalize on growth opportunities [5][6]. - The company aims to leverage strategic capital and deep industry networks to support innovative companies addressing modern security threats [5]. Geopolitical Context - Rising global tensions, including conflicts in Eastern Europe and cybersecurity threats, are driving demand for innovative defense solutions [6][7]. - Born Defense's commitment to ending "forever wars" aligns with the increasing investor interest in socially responsible opportunities [7]. Proposed Changes and Governance - The company will hold a shareholder meeting to approve the name change and elect a board with defense and national security expertise, resulting in a change of control [9]. - The completion of the proposed transaction is subject to various approvals, including financing and regulatory [10]. Divestment and Future Focus - The company plans to divest its psychedelic assets to focus resources on the defense industry, which is seen as having greater growth potential [11][13]. - There is an openness to explore investments in psychedelic therapy aligned with Department of Defense research for PTSD and traumatic brain injuries [11]. Funding and Compliance - Funding for necessary audits and listing statements has been secured, and the company is working to revoke a Cease Trade Order issued due to delayed financial filings [15].

Core Insights - Data Storage Corporation (DSC) reported solid financial performance for Q1 2025, with a focus on strategic growth and international expansion [2][6][7] - The company achieved a 14% year-over-year revenue growth in its core cloud infrastructure and disaster recovery services, despite a slight decline in total revenue due to reduced equipment sales [2][7] - DSC's adjusted EBITDA for the quarter was $497,000, reflecting operational efficiency and a commitment to margin discipline [2][7] Financial Performance - Total revenue for Q1 2025 was $8.1 million, with a gross profit of $2.86 million, maintaining consistent margin levels [7][17] - The company reported a net income of $26,388 for the quarter, a decrease from $345,904 in the same period last year [17][18] - Cash and marketable securities stood at $11.1 million, with no long-term debt, indicating a strong balance sheet [7][19] Strategic Developments - DSC's subsidiary, CloudFirst Technologies, continues to operate profitably and serves as a scalable, recurring revenue engine [2][6] - A strategic partnership with Pulsant, a U.K. edge data center provider, aims to enhance DSC's service offerings across the U.K. and Europe [2][6] - The company completed a major infrastructure upgrade for a client in the food distribution sector, migrating to high-performance IBM processors [2][6] Market Position - DSC is recognized as a leader in the multi-billion-dollar cloud hosting and business continuity market, providing comprehensive migration services to facilitate transitions to cloud infrastructure [8][11] - The company serves a diverse clientele, including Fortune 500 companies, government agencies, and healthcare organizations, highlighting its broad market reach [10][11]

Summary of Conference Call Company and Industry - The conference call involves Ingram Micro, a company operating in the hardware and IT distribution sector, focusing on technology solutions and services. Core Insights and Arguments 1. **Macro Economic Outlook**: There are concerns about a potential slowdown in the macro environment in the latter half of the year, with growth expectations set at mid-single digits for Q2 [2][4][8]. 2. **Product Performance**: Strong double-digit growth was observed in the PC desktop and notebook categories, while networking is starting to rebound into modest growth [5][7][10]. 3. **Tariff Impact**: The uncertainty surrounding tariffs is a significant concern, particularly for small and medium-sized businesses (SMBs), which are more sensitive to inflationary pressures [7][8][13]. 4. **Demand Trends**: There is a noted difference in demand between SMBs and large enterprises, with large enterprises showing more resilience [9][37]. 5. **Investment in Advanced Solutions**: Over $600 million has been invested in cloud marketplace and advanced solutions, which are expected to drive future growth [17][21]. 6. **AI Integration**: AI is seen as a long-term value proposition, with investments primarily in larger enterprises, but it is still early in terms of widespread impact [39][40]. 7. **Cloud Business Growth**: The cloud segment has been growing at double digits, contributing significantly to gross profit, with expectations for continued growth [50][52]. 8. **Gross Margin Dynamics**: Recent gross margin declines are attributed to product and customer mix, with lower-margin sales in mobility devices and increased competition in certain markets like India [54][56][58]. Other Important Insights 1. **Geographic Expansion**: The Asia Pacific and Latin America regions now account for over a third of the business, indicating a strategic focus on emerging markets [14][15]. 2. **Cost Synergies**: Automation and improved processes have led to the removal of over $200 million in annualized costs, allowing for reinvestment in proactive sales efforts [22][23]. 3. **Customer Experience Enhancements**: The introduction of AI-enabled tools for sales agents is aimed at improving customer engagement and sales efficiency [26][27]. 4. **Pricing Strategies**: Price increases due to tariffs have been modest, with single-digit percentage impacts observed [31][33]. 5. **Competitive Landscape**: The company is focused on maintaining a competitive edge through technological advancements and strategic partnerships with over 1,500 tech vendors [15][18]. This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic direction, market challenges, and growth opportunities.

Core Insights - FatPipe, Inc. has appointed a full executive management team to enhance its operations following its recent Nasdaq listing, aiming to meet the growing demand for secure and optimized enterprise connectivity [1][5] - The company is targeting a total addressable market projected to exceed $17.6 billion by 2030, with active initiatives in the U.S., India, Southeast Asia, and Mexico [2] Executive Appointments - Tom Aufiero appointed SVP of Sales, Cybersecurity, previously led a $600 million sales team at AT&T [7] - Matt Swift joins as VP of Mid-Market Sales, formerly led a $700 million sales team at AT&T [7] - Eric Sherb appointed Chief Financial Officer, brings over 14 years of financial leadership experience [7] - Stephen Steel appointed VP of Product Management, has over 25 years of product leadership experience [7] - Harish Motwani appointed EVP of Strategic Business and Solution Sales, previously led product strategy at Reliance Datacomm [7] - Praveen Shinde appointed VP of Sales, India, previously led sales at Reliance Datacomm [7] Growth Strategy - FatPipe is accelerating hiring efforts across sales, marketing, and customer success to support strategic growth initiatives [5] - The company plans to hire 12 new Regional Sales Managers in the U.S. to enhance customer acquisition and partner relationships [6] - FatPipe aims to expand its presence in existing markets and build new partnerships to drive adoption of its secure networking solutions [5] Product and Market Position - FatPipe has pioneered SD-WAN solutions and holds 12 foundational patents related to multi-path routing, failover, and secure connectivity [8] - The company serves over 2,500 customers worldwide with a comprehensive suite of SD-WAN, SASE, Cybersecurity, and Network Monitoring Services [8]